Back to Top

 Skip navigation

Households

Households

The Household Saving rate was 12.5% in Quarter 2 2025

Online ISSN: 2009-5600
CSO statistical release, , 11am
Table 1.1 Seasonally Adjusted Gross Household Saving by Component (€million)
 Total Disposable Income (B.6g + D.8)Final Consumption Expenditure (P.3)Gross Saving Ratio
2025Q145,83139,68413.41%
2025Q246,26840,49112.48%

The seasonally adjusted household saving rate in the second quarter of 2025 was 12.5%. This was similar to the previous quarter and in line with the average since the start of 2023. As Table 1.1 above shows, while both seasonally adjusted income and expenditure rose in the quarter, Total Disposable Income (TDI) grew by less than Final Consumption Expenditure leading to the lower saving rate.

Households can use their savings to add to their wealth in the form of real assets (mainly new homes) and financial assets (such as bank deposits). Unadjusted, saving (B.8g) was €6.7bn in the quarter and capital spending (P.5) was €4.2bn. Households also increased their assets in pension funds (D.8) by €1bn. Figures from the Central Bank of Ireland show that households' net deposits into banks in Ireland rose by €3.6bn over Q2 2025. Loan liabilities of households to banks (mainly mortgages for house purchase) were up €1.2bn in the three months, meaning households borrowed more than they repaid. Households' financial assets also include other items such as life assurance funds and shares. Full accounts of assets and liabilities in financial instruments will be published by the Central Bank.

The accounts have been revised since the Household Saving release on 12 September 2025. This is primarily due to new data on Government Finance Statistics which only became available later in September, however the impact of these revisions are small.

The seasonally adjusted data series which includes Gross Disposable Income, Personal Consumption of Goods and Services and Gross Saving of the Household including Non-Profit Institutions Serving Households (NPISH) is available on PxStat. Only the most significant transactions are shown in the table for each sector in this release: the entire unadjusted series for all variables published in this release are also available at the same link. Price-adjusted Total Disposable Income and Final Consumption Expenditure of Households are shown in PxStat ISQ04. See Background Notes for definitions of the terms used.

Saving ratio
2022Q1 15.83%
2022Q2 15.75%
2022Q3 14.80%
2022Q4 12.70%
2023Q1 12.96%
2023Q2 11.47%
2023Q3 12.22%
2023Q4 10.96%
2024Q1 14.56%
2024Q2 12.17%
2024Q3 13.93%
2024Q4 13.42%
2025Q1 13.41%
2025Q2 12.48%

Household Income

The largest component of household income is Compensation of Employees (CoE): this made up €40bn of the €47bn unadjusted Total Disposable Income (TDI) in the quarter, which was €1.9bn higher (+4.9%) compared with 2024 Q2. There was a rise in the number employed and employed people had higher average earnings in the quarter. When adjusted for seasonality, the biggest percentage growth in CoE was in the Construction sector which increased by 1.6% from Q1 2025.

Comparing the equivalent quarter of 2024, before price or seasonal adjustment, higher take-home pay meant higher taxes (D.5) and PRSI (D.61) paid by households (see Table 1.2 below). Households also received more in social protection and pension payments (D.62).

Gross Disposable Income (B.6G) of households was €46bn in Q2 2025 before price and seasonal adjustment (that is, nominal unadjusted). This was an increase of €2.3bn (5%) on Q2 2024. TDI, which also includes the adjustment for the change in pension entitlements (D.8), was €47bn in Q2 2025. After accounting for inflation and seasonal factors, household TDI in real terms grew by 3.6% in the twelve months and was flat compared to 2025 Q1 (see Pxstat table ISQ04). Figure 1.2 shows TDI before and after adjustments for the quarter.

TDI Current Price Unadjusted TDI Current Price Seasonally Adjusted TDI Constant Price Seasonally Adjusted
2020Q1 32.77845 33.33404 35.5781
2020Q2 32.43578 31.44661 35.13573
2020Q3 31.47719 30.9913 33.99487
2020Q4 31.13662 32.11091 35.51649
2021Q1 31.87218 32.42261 34.72689
2021Q2 34.47107 33.43947 36.14273
2021Q3 35.23528 34.62553 36.97225
2021Q4 33.69515 34.87871 36.47817
2022Q1 34.99174 35.43729 35.75481
2022Q2 37.90487 36.89297 36.93888
2022Q3 38.52468 37.84567 37.47858
2022Q4 36.85557 38.21292 36.95743
2023Q1 39.43782 39.66891 37.54101
2023Q2 41.33318 40.44223 37.13242
2023Q3 41.73827 41.07245 36.73767
2023Q4 40.42474 41.79707 37.27954
2024Q1 44.03724 44.11045 39.1461
2024Q2 44.60669 43.85348 38.28241
2024Q3 45.37715 44.74295 38.82892
2024Q4 44.12752 45.44422 39.78953
2025Q1 45.8373 45.83118 39.6447
2025Q2 46.91513 46.26784 39.66771

Consumption

In Q2 2025 households' spending on goods and services was €40bn before price or seasonal adjustments. Household consumption is normally higher in the April-June period (Q2) than in January-March (Q1), and in Q2 2025 unadjusted consumption was up 2.2% on Q1 2025. When seasonal factors are taken into account, final consumption of households was up by 2.0% in the second quarter of 2025. When the effect of price changes is also removed, the volume of consumption increased by 0.9%.

The Consumer Price Index (CPI) shows that prices for consumer goods and services at the end of the quarter (June 2025) were up 1.8% when compared with a year earlier (June 2024). The most significant increases in the 12 months to June 2025 were seen in Food & Non-Alcoholic Beverages (+4.6%) and Recreation & Culture (+3.5%). Clothing & Footwear (-2.3%) and Transport (-2.0%) were the divisions to show the biggest declines when compared with June 2024.

A walk-through of unadjusted household income and consumption is shown in Figure 1.3 below with monetary additions or subtractions shown in the blue and green bars respectively. The orange bars show the main three balancing items of household gross disposable income (B.6G), household gross saving (B.8G) and household net lending/borrowing (B.9). The euro figure can be seen by hovering over the bar for each item and are also shown in Table 1.2 below. All values in Figure 1.3 and Table 1.2 are unadjusted, before price or seasonal adjustments.

#F68B58
X-axis label€billion
Paid employment40.011
plus Self-employment and rent10.875
plus Investment income received4.901
minus Interest paid after FISIM2.007
minus PAYE, income tax, etc.8.949
minus PRSI, pension contributions, etc.8.911
plus Social protection, pensions received10.275
plus/minus net miscellaneous transfers0.268
equals Gross Disposable Income45.928
plus adjustment for pension fund value0.987
minus consumer spending40.194
equals Household Gross Saving6.721
plus net capital transfers0.294
minus capital spending4.214
equals Net Lending (+) / Borrowing (-)2.801
Table 1.2 S1M Households and NPISH Summary