The bar chart compares Irish people’s average incomes in US currency in 5 different years and predictions for the future.
Overall, there is an upward trend in average earnings of inhabitants in Ireland between 1977 and 2017, except for the statistic in 2017. We can see that this figure is forecast to continue increasing by the end of the period.
In detail, nearly $8,000 dollars was recorded in Irish’s incomes in the first year as the lowest figure over the period. This figure had witnessed a relatively steady growth for the 3 following decades of more than $4,000 dollars, ending up at around $15,000 dollars in 2007. However, the statistic observed an opposite pattern in Irish residents’ revenues in average by slightly decreasing by approximately $1,000 dollars to roughly $14,000 dollars. It is noticeable that the amount of average incomes throughout the first 50 years never exceeded $16,000 each.
On the other hand, the figure for average Irish people’s incomes is anticipated to reach over $20,000 dollars in 2027, which is expected to be far higher compared to any other years.