Back to Top

 Skip navigation

Wages and Profits

Wages and Profits

Compensation of Employees increased by 8% in 2022 while Net Operating Surplus and Net Mixed Income is up 26%

Online ISSN: 2811-5724
CSO statistical publication, , 11am
Compensation of EmployeesNet Operating Surplus & Net Mixed IncomeConsumption of Fixed CapitalOther Taxes less Other Subsidies on Production
Agriculture, Forestry & Fishing1.102834.772041.30899-1.57652
Industry (excl. Construction)16.79187125.6351855.759211.13799
Construction5.270954.974590.461740.00262
Distribution, Transport, Hotels & Restaurants21.963917.086534.923220.17264
Information & Communication12.135446.5260924.97760.19369
Financial & Insurance Activities9.275824.458422.287390.71907
Real Estate Activities0.9758417.107628.26860.66303
Professional, Admin & Support Services16.7616412.1517918.25436-0.03063
Public Admin, Education & Health35.018342.772985.08825-0.09395
Arts, Entertainment & Other Services2.606931.53850.55781-0.00459

Figure 4.1 shows the total of each component that makes up Gross Value Added at current market prices by Nace Rev. 2 A10 sector. Industry (excl. Construction) has the highest total value for Net Operating Surplus and Net Mixed Income followed by Information & Communication. Public Admin, Education & Health has the highest total for Compensation of Employees.

Table 4.1 Gross Value Added Components by Nace Rev. 2 A64 Sector at Current Market Prices, 2022

Table 4.1 provides a detailed breakdown of all components that make up gross value added at current market prices by Nace Rev. 2 A64 sector. The table also provides a detailed breakdown of sector contributions to Gross Value Added by Nace Rev. 2 A64 sector.

The combined sectors 19, 20, 21, 26 which includes the Manufacture of Coke & Refined Petroleum Products; Basic Chemicals; Pharmaceutical Products; Computer, Electronic & Optical Products, contributes more than 33% to the total of Gross Value Added.

Table 4.2 Component Percentage Contribution to NACE Sector Gross Value Added by Nace Rev. 2 A64, 2022

Table 4.2 provides a detailed breakdown of the contribution of each component of Gross Value Added by Nace Rev. 2 A64 sector.

Foreign-owned MNE dominatedOther
Compensation of Employees16.534362584443883.4656374155562
Net Operating Surplus & Net Mixed Income67.638954646483932.3610453535161
Consumption of Fixed Capital61.799646345058338.2003536549417
Other Taxes less Other Subsidies on Production35.766256813284364.2337431867157
Gross Value Added at Basic Prices53.159050529335446.8409494706646

Figure 4.2 and Table 4.3 provides a breakdown of the components of Gross Value Added by Foreign-owned MNE Dominated and Other sectors. Foreign-owned MNE Dominated sectors include Nace Codes: 19, 20, 21, 26, 31, 32, 58, 61, 62 and 63.

Foreign-owned MNE Dominated sectors make up just over 53% of total Gross Value Added at current market prices while all Other sectors make up over 46%. When it comes to Compensation of Employees Foreign-owned MNE Dominated sectors make up 16.5% of the total while all Other sectors make up 83.5%.

Table 4.3 Breakdown of Foreign-owned multinational enterprise dominated sector and Other sectors, 2022

Table 4.4 Compensation of Employees by Nace Rev. 2 A21 Sector at Constant Market Prices, 2022

Table 4.4 shows Compensation of Employees at constant market prices by Nace Rev. 2 A21 and a percentage change of each sector compared to the previous year.

Sectors 36-39 (Water supply; sewerage, waste management and remediation activities) total Compensation of Employees at constant prices is up over 60% on the 2021 data.

Employers' Social ContributionWages & Salaries
Agriculture, Forestry & Fishing169.34933.49
Industry (excl. Construction)2774.5414017.33
Construction637.114633.84
Distribution, Transport, Hotels & Restaurants3081.3418882.56
Information & Communication1720.6710414.73
Financial & Insurance Activities1997.797278.03
Real Estate Activities118.54857.3
Professional, Admin & Support Services2166.9214594.72
Public Admin, Education & Health7006.8628011.48
Arts, Entertainment & Other Services363.642243.29

Figure 4.3 shows Employers' Social Contribution and Wages & Salaries as a percentage of total Compensation of Employees by Nace Rev. 2 A10 sector.
Financial & Insurance Activities has the highest percentage of Employers' Social Contribution just over 21%.

Table 4.5 provides a detailed breakdown of the components that make up Compensation of Employees by Nace Rev. 2 A64 Sector.

Nearly 91% of total Compensation of Employees for Accommodation; food & beverage service activities are made up of Wages & Salaries, while over 28% total Compensation of Employees for Public administration & defence; compulsory social security is made up of Employers' Social Contribution.

Table 4.5 Compensation of Employees, Wages and Salaries and Employers Social Contribution by Nace Rev. 2 A64 Sector at Current Market Prices, 2022

2022
1 - 10,000 euro2244.44887613864
10,001 - 20,000 euro5689.03810680687
20,001 - 30,000 euro8437.81223348258
30,001 - 40,000 euro12086.2697086179
40,001 - 50,000 euro12651.7376598056
50,001 - 60,000 euro11899.8806826755
60,001 - 70,000 euro9841.97808794139
70,001 - 80,000 euro8548.1159064471
80,001 - 90,000 euro7853.69951480984
90,001 - 100,000 euro6479.33394086627
100,001 - 110,000 euro5102.78742925316
110,001 - 120,000 euro4082.0091822546
120,001 - 130,000 euro3138.47956527955
130,001 - 140,000 euro2563.71067248931
140,001 - 150,000 euro2090.22065836113
150,001 - 175,000 euro3793.35581027327
175,001 - 200,000 euro2648.43343107248
200,001 - 250,000 euro3463.72660314683
250,001 - 300,000 euro2180.02577335476
300,001 - 400,000 euro2272.36841870124
400,001 - 500,000 euro1089.78242770836
500,001 - 750,000 euro1237.73471537256
Over 750,001 euro1745.73528715322

Figure 4.4 shows total Compensation of Employees (COE) broken down into 23 income distribution groups for 2022. The two income distribution groups with the highest contribution to the total COE in 2022 are earners in the €30,001 - €40,000 and €40,001 - €50,000 brackets. 

Table 4.6 Compensation of Employees by Income Distribution

2022
1 - 10,000 euro491.495
10,001 - 20,000 euro385.047
20,001 - 30,000 euro336.865
30,001 - 40,000 euro346.154
40,001 - 50,000 euro282.702
50,001 - 60,000 euro217.541
60,001 - 70,000 euro152.03
70,001 - 80,000 euro114.266
80,001 - 90,000 euro92.636
90,001 - 100,000 euro68.4
100,001 - 110,000 euro48.746
110,001 - 120,000 euro35.582
120,001 - 130,000 euro25.16
130,001 - 140,000 euro19.03
140,001 - 150,000 euro14.441
150,001 - 175,000 euro23.517
175,001 - 200,000 euro14.205
200,001 - 250,000 euro15.611
250,001 - 300,000 euro7.998
300,001 - 400,000 euro6.668
400,001 - 500,000 euro2.458
500,001 - 750,000 euro2.071
Over 750,001 euro1.363

Figure 4.5 shows the total Number of Employees in each 23 income distribution group for 2022. The income distribution group with the highest number of employees in 2022 is the €1 - €10,000 bracket.