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Quarterly National Accounts Quarter 1 2025 Final

Compensation of Employees

Compensation of Employees increased by 0.9% in Q1 2025

Online ISSN: 2009-5775

CSO statistical release, 27 June 2025, 11am

Table 7.1 Compensation of Employees by NACE Rev. 2 A10 Sector of Origin, Q1 2025¹
	Amount €m	Quarterly % change
Public Admin, Education and Health	10,055	-2.6
Distribution, Transport, Hotels and Restaurants	6,179	-3.2
Professional, Admin and Support Services	5,396	-0.2
Industry (excl. Construction)	4,666	-2.9
Information and Communication	3,608	-0.1
Financial and Insurance Activities	2,947	2.3
Construction	1,737	-2.2
Arts, Entertainment and Other Services	726	4.1
Real Estate Activities	520	15.0
Agriculture, Forestry and Fishing	379	9.8
Total	36,212	-1.3
¹Constant Market Prices, seasonally adjusted

Open in Excel: Quarterly National Accounts Q1 2025 Table 7.1 (XLS 10KB)

On a seasonally adjusted basis, total Compensation of Employees at constant market prices decreased by 1.3% in the first quarter of 2025, in part driven by a 3.1% decrease in Manufacturing.

`-	Constant	Current
2019Q1	1.22359834975223	3.51568182001103
2019Q2	0.688792937516514	1.59823582993088
2019Q3	1.01179472152924	-0.0664859887531621
2019Q4	0.39411187006555	3.48076756229401
2020Q1	-1.40228260092899	1.1968374983474
2020Q2	-11.9005309964219	-12.7750290869391
2020Q3	13.8071288849448	7.37387402070169
2020Q4	-1.66696515360858	8.06572011836792
2021Q1	-0.812319873955658	-2.39257525935155
2021Q2	5.15082594870884	4.85508269271941
2021Q3	2.92081897050744	4.53217265338748
2021Q4	3.44005116469919	3.98967596082358
2022Q1	2.66088708207084	-0.135005967004709
2022Q2	0.288987481682645	2.102860605442
2022Q3	0.502472663303744	1.74418551703788
2022Q4	0.8617659119597	2.86570570564839
2023Q1	1.80897513796665	5.75436394188145
2023Q2	0.948084818690575	0.483697907509817
2023Q3	0.0203385415694868	0.153319374797967
2023Q4	-0.349393009591292	3.11157663633175
2024Q1	2.10635743274687	3.59698493375056
2024Q2	0.759921155854149	0.51169936316926
2024Q3	0.619863514901753	-0.0950849234594764
2024Q4	-0.611628421545884	3.34551908400891
2025Q1	-1.30258396963281	3.29382307349757

Column1	Q1 2025	Q1 2024
Public Admin, Education and Health	10.463730198	10.111750916
Distribution, Transport, Hotels and Restaurants	6.179269292	6.646098541
Professional, Admin and Support Services	5.502951478	5.685705155
Industry (excl. Construction)	4.799332655	4.900462466
Information and Communication	3.597174542	3.411730189
Financial and Insurance Activities	3.032078283	2.807416335
Construction	1.714023175	1.703419777
Arts, Entertainment and Other Services	0.725551263	0.753651582
Agriculture Forestry and Fishing	0.382285464	0.315307183
Real Estate Activities	0.520337844	0.353043

On a non-seasonally adjusted basis, Compensation of Employees at constant market prices increased by 0.6% in Q1 2025 compared to the corresponding period of the previous year.

	Foreign	Domestic
Q1 2020	9.1460718896	18.6052281446
Q2 2020	8.1109196042	16.0302876123
Q3 2020	8.0322988137	17.6271371348
Q4 2020	8.8192464101	19.7317902728
Q1 2021	9.3887739527	17.9631010452
Q2 2021	9.1344784335	19.5598259222
Q3 2021	8.8771793642	20.8396932338
Q4 2021	9.6133449376	21.895703555
Q1 2022	11.0199016038	20.1707655753
Q2 2022	10.4898447105	21.3612284203
Q3 2022	10.2569721647	21.6491265284
Q4 2022	10.660012488	22.9827196905
Q1 2023	12.4938438765	22.9573830232
Q2 2023	11.7525270695	23.7205485919
Q3 2023	11.1873473273	23.7137782066
Q4 2023	11.7296900373	24.995295026
Q1 2024	13.4210189386	24.8870966416
Q2 2024	12.4634988135	25.766676615
Q3 2024	11.7180993785	25.6126495809
Q4 2024	12.5495403997	26.7104091635
Q1 2025	14.0888956716	26.878340775

In Q1 2025, €26.9 billion was compensated to employees of Irish-owned enterprises, while €14.1 billion was paid to those employed in foreign-owned enterprises.

Foreign-owned enterprises are identified by using institutional sector codes which are outlined in The European System of Accounts. Institutional units are any unit that has autonomy of decision and/or a complete set of accounts. Foreign controlled enterprises are any unit with the following institutional sector code: S.11003, S.12203, S.12303, S.12403, S.12503, S.12603, S.12703, S.12803 and S.12903. The foreign/domestic split is calculated using PMOD company level data.

The Labour market division in the CSO publish a labour market churn report each quarter and have recently started publishing this analysis at enterprise ownership level. (See: Employment and Earnings Insights by Nationality of Enterprise Ownership - CSO - Central Statistics Office). Labour market churn gives a view of employment in the economy while also capturing the dynamic nature of labour mobility and churn across time. Payroll records from Revenue’s PAYE modernisation provide information on new hirings, job stayers, and leavers to estimate the overall jobs churn in the economy. Total employment estimates from this analysis are included in table 7.6 alongside Compensation of Employees. In Q1 2025, there were 2.1 million employees in Irish-owned enterprises, with a total remuneration of €26.9 billion.

Column1	Foreign	Domestic
2019Q1	7551.4709986588	18527.6470846361
2019Q2	7791.48249592361	18704.4413967085
2019Q3	7856.85904771015	18621.4487679426
2019Q4	8207.71662681825	19192.2395383262
2020Q1	8306.03152028901	19421.8575947706
2020Q2	7958.67038163871	16226.9728337778
2020Q3	8119.88748560923	17849.1745916085
2020Q4	8769.11725081258	19294.5366909187
2021Q1	8558.2191850822	18833.9907155692
2021Q2	8941.05597429213	19781.0683683992
2021Q3	8968.9507487606	21054.9098588621
2021Q4	9595.45424955988	21626.2611072363
2022Q1	10323.4136638542	20856.1505142092
2022Q2	10505.2137337932	21330.013216319
2022Q3	10729.1841003577	21661.3082675346
2022Q4	10917.6709252889	22401.0376304778
2023Q1	11675.3272100986	23560.6610967016
2023Q2	11743.5404283564	23662.8836165742
2023Q3	11732.7641955518	23727.9447573628
2023Q4	12050.3623723031	24513.733715468
2024Q1	12481.0747199564	25398.2263952539
2024Q2	12418.9522696991	25654.1769880906
2024Q3	12331.5357958696	25705.3916561068
2024Q4	12937.4460824183	26372.0140364347
2025Q1	13134.6986857549	27469.5455005601

Column1	Q1 2025	Q1 2024
Public Admin, Education and Health	737.3850224283	700.4817076389
Distribution, Transport, Hotels and Restaurants	559.5770203932	554.2200494763
Industry (excl. Construction)	313.276388619	305.5949355058
Professional, Admin and Support Services	247.6701196874	255.4149798106
Information and Communication	171.0187017607	156.4435762852
Construction	126.1497847961	121.2431068227
Financial and Insurance Activities	129.926875868	117.5736039474
Arts, Entertainment and Other Services	88.0397297159	90.8014807501
Agriculture Forestry and Fishing	32.1546249021	26.6760920453
Real Estate Activities	12.2086940488	8.6419820611

Table 7.2 Compensation of Employees¹ by NACE Rev. 2 A10 Sector of Origin at Constant Market Prices (Chain linked annually and referenced to year 2023)²

Table 7.2 Compensation of Employees¹ by NACE Rev. A10 Sector of Origin at Constant Market Prices (Chain linked annually and referenced to year 2023)²												€million
Period	Agriculture Forestry and Fishing	Industry (excl. Construction)	of which Manufacturing	Construction	Distribution, Transport, Hotels and Restaurants	Information and Communication	Financial and Insurance Activities	Real Estate Activities	Professional, Admin and Support Services	Public Admin, Education and Health	Arts, Entertainment and Other Services	Total
2019	1,213	16,302	15,081	5,926	24,048	10,422	8,902	1,351	18,156	33,559	2,931	122,288
2020	1,154	16,238	15,251	5,021	21,274	10,787	9,599	1,355	17,730	32,683	2,232	117,759
2021	1,274	16,803	15,838	5,423	22,058	12,407	9,989	1,543	18,937	35,986	2,451	126,566
2022	1,175	18,391	17,015	6,876	24,751	13,996	10,809	1,662	19,870	37,631	2,777	137,749
2023	1,233	17,986	16,697	6,811	26,328	14,266	10,832	1,286	21,753	39,079	2,977	142,550
2024	1,363	19,144	16,532	7,014	26,505	14,231	11,099	1,646	22,314	40,540	2,836	146,692

2019
Q1	303	4,106	3,795	1,398	6,073	2,501	2,186	335	4,609	8,577	708	30,671
Q2	318	4,055	3,695	1,512	6,036	2,597	2,251	372	4,619	8,490	760	30,863
Q3	282	4,178	3,892	1,513	6,004	2,761	2,256	327	4,451	7,798	734	30,168
Q4	311	3,962	3,699	1,503	5,935	2,563	2,209	317	4,477	8,695	729	30,587
2020
Q1	321	4,032	3,787	1,436	5,951	2,621	2,349	340	4,723	8,541	709	30,896
Q2	247	3,685	3,449	795	4,272	2,713	2,616	324	4,282	7,957	346	27,233
Q3	287	4,305	3,998	1,428	5,739	2,670	2,355	359	4,557	7,629	711	29,930
Q4	299	4,216	4,016	1,363	5,312	2,782	2,279	332	4,168	8,555	465	29,700
2021
Q1	317	4,358	4,184	1,072	4,848	2,988	2,445	288	4,384	8,969	423	30,068
Q2	339	4,352	4,112	1,307	5,370	2,976	2,585	360	4,799	9,388	576	31,997
Q3	305	4,039	3,747	1,499	6,025	3,059	2,378	482	4,826	8,318	728	31,518
Q4	313	4,055	3,795	1,547	5,815	3,384	2,580	413	4,928	9,310	724	32,984
2022
Q1	293	4,457	4,150	1,666	6,102	3,605	2,735	527	5,070	9,720	710	34,794
Q2	311	4,637	4,296	1,714	6,321	3,535	2,726	361	5,031	9,512	678	34,792
Q3	272	4,755	4,378	1,803	6,075	3,441	2,625	363	4,911	8,851	697	33,776
Q4	298	4,542	4,191	1,692	6,253	3,414	2,722	411	4,858	9,547	691	34,386
2023
Q1	281	4,810	4,513	1,686	6,364	3,629	2,766	383	5,342	10,093	725	36,055
Q2	274	4,492	4,169	1,811	6,663	3,687	2,817	247	5,664	9,850	727	36,242
Q3	368	4,539	4,195	1,743	6,509	3,725	2,657	330	5,355	9,069	748	35,032
Q4	310	4,144	3,820	1,571	6,791	3,225	2,591	327	5,393	10,066	777	35,221
2024
Q1	315	4,900	4,317	1,703	6,646	3,412	2,807	353	5,686	10,112	754	36,689
Q2	320	4,901	4,248	1,759	6,750	3,743	2,780	357	5,910	10,398	677	37,594
Q3	400	4,727	4,061	1,822	6,724	3,599	2,700	484	5,514	9,512	708	36,191
Q4	327	4,616	3,906	1,730	6,385	3,477	2,812	452	5,204	10,518	697	36,219
2025
Q1	382	4,799	4,136	1,714	6,179	3,597	3,032	520	5,503	10,464	726	36,917

Percentage change on corresponding period of previous year
2019	1.1	3.9	3.3	4.1	1.4	6.1	10.6	3.5	5.3	6.8	-5.2	4.9
2020	-4.9	-0.4	1.1	-15.3	-11.5	3.5	7.8	0.3	-2.3	-2.6	-23.9	-3.7
2021	10.4	3.5	3.9	8.0	3.7	15.0	4.1	13.9	6.8	10.1	9.9	7.5
2022	-7.8	9.4	7.4	26.8	12.2	12.8	8.2	7.7	4.9	4.6	13.3	8.8
2023	4.9	-2.2	-1.9	-0.9	6.4	1.9	0.2	-22.6	9.5	3.8	7.2	3.5
2024	10.5	6.4	-1.0	3.0	0.7	-0.2	2.5	28.0	2.6	3.7	-4.7	2.9

2019
Q1	3.3	5.9	5.3	4.8	8.0	3.2	8.2	13.4	13.3	11.2	-7.1	8.5
Q2	1.3	1.8	-0.0	2.4	0.7	6.8	6.7	5.6	2.8	4.2	0.6	3.2
Q3	-8.2	3.3	2.9	0.6	0.3	6.7	16.5	15.1	1.8	8.5	-10.0	4.8
Q4	8.6	4.6	5.0	8.8	-2.8	7.7	11.5	-15.2	3.8	3.9	-4.0	3.3
2020
Q1	6.1	-1.8	-0.2	2.7	-2.0	4.8	7.4	1.6	2.5	-0.4	0.1	0.7
Q2	-22.3	-9.1	-6.7	-47.4	-29.2	4.5	16.2	-13.0	-7.3	-6.3	-54.4	-11.8
Q3	1.9	3.0	2.7	-5.6	-4.4	-3.3	4.4	9.8	2.4	-2.2	-3.1	-0.8
Q4	-3.9	6.4	8.6	-9.3	-10.5	8.6	3.2	4.8	-6.9	-1.6	-36.2	-2.9
2021
Q1	-1.3	8.1	10.5	-25.4	-18.5	14.0	4.1	-15.1	-7.2	5.0	-40.3	-2.7
Q2	37.5	18.1	19.2	64.4	25.7	9.7	-1.2	11.1	12.1	18.0	66.3	17.5
Q3	6.2	-6.2	-6.3	4.9	5.0	14.6	1.0	34.1	5.9	9.0	2.4	5.3
Q4	4.7	-3.8	-5.5	13.5	9.5	21.6	13.2	24.3	18.2	8.8	55.7	11.1
2022
Q1	-7.5	2.3	-0.8	55.5	25.9	20.7	11.9	82.6	15.6	8.4	67.9	15.7
Q2	-8.3	6.5	4.5	31.2	17.7	18.8	5.4	0.3	4.8	1.3	17.7	8.7
Q3	-10.8	17.7	16.8	20.3	0.8	12.5	10.4	-24.6	1.8	6.4	-4.3	7.2
Q4	-4.6	12.0	10.4	9.4	7.5	0.9	5.5	-0.3	-1.4	2.5	-4.5	4.3
2023
Q1	-4.0	7.9	8.8	1.2	4.3	0.7	1.1	-27.3	5.4	3.8	2.1	3.6
Q2	-11.8	-3.1	-3.0	5.6	5.4	4.3	3.4	-31.5	12.6	3.6	7.1	4.2
Q3	35.0	-4.5	-4.2	-3.3	7.1	8.2	1.2	-9.3	9.0	2.5	7.3	3.7
Q4	3.8	-8.8	-8.9	-7.2	8.6	-5.5	-4.8	-20.6	11.0	5.4	12.4	2.4
2024
Q1	12.0	1.9	-4.3	1.0	4.4	-6.0	1.5	-7.8	6.4	0.2	4.0	1.8
Q2	16.5	9.1	1.9	-2.9	1.3	1.5	-1.3	44.4	4.3	5.6	-6.8	3.7
Q3	8.9	4.1	-3.2	4.5	3.3	-3.4	1.6	47.0	3.0	4.9	-5.4	3.3
Q4	5.7	11.4	2.3	10.1	-6.0	7.8	8.5	38.5	-3.5	4.5	-10.3	2.8
2025
Q1	21.2	-2.1	-4.2	0.6	-7.0	5.4	8.0	47.4	-3.2	3.5	-3.7	0.6
¹Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done. Compensation of employees is made up of the following components: (a) wages and salaries and (b) employers’ social contributions
²Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2025 Table 7.2 (XLS 23KB)

Visit Table NAQ07 on PxStat

Table 7.3 Compensation of Employees¹ by NACE Rev. 2 A10 Sector of Origin at Constant Market Prices - Seasonally Adjusted (Chain linked annually and referenced to year 2023)²

Table 7.3 Compensation of Employees¹ by NACE Rev. 2 A10 Sector of Origin at Constant Market Prices - Seasonally Adjusted (Chain linked annually and referenced to year 2023)²												€million
Period	Agriculture Forestry and Fishing	Industry (excl. Construction)	of which Manufacturing	Construction	Distribution, Transport, Hotels and Restaurants	Information and Communication	Financial and Insurance Activities	Real Estate Activities	Professional, Admin and Support Services	Public Admin, Education and Health	Arts, Entertainment and Other Services	Total
2019
Q1	305	4,252	3,785	1,423	6,083	2,491	2,174	335	4,411	8,232	708	30,265
Q2	303	4,183	3,694	1,489	6,046	2,590	2,159	372	4,384	8,351	760	30,474
Q3	283	4,282	3,809	1,480	6,014	2,689	2,302	327	4,329	8,458	734	30,782
Q4	321	4,271	3,819	1,535	5,945	2,661	2,291	317	4,460	8,510	729	30,903
2020
Q1	323	4,161	3,762	1,458	5,961	2,609	2,327	340	4,516	8,202	709	30,470
Q2	237	3,794	3,447	777	4,279	2,700	2,512	324	4,057	7,829	346	26,844
Q3	292	4,434	3,919	1,391	5,749	2,610	2,416	359	4,446	8,263	711	30,550
Q4	303	4,550	4,163	1,397	5,321	2,888	2,357	332	4,153	8,376	465	30,041
2021
Q1	321	4,478	4,139	1,091	4,856	2,973	2,413	288	4,248	8,766	423	29,797
Q2	327	4,471	4,096	1,293	5,378	2,949	2,489	360	4,478	9,084	576	31,332
Q3	310	4,183	3,688	1,456	6,035	3,006	2,450	482	4,708	8,999	728	32,247
Q4	313	4,382	3,953	1,586	5,825	3,510	2,659	413	4,922	9,116	724	33,356
2022
Q1	299	4,554	4,076	1,683	6,113	3,590	2,688	527	4,829	9,349	710	34,244
Q2	305	4,761	4,277	1,703	6,331	3,487	2,639	361	4,767	9,363	678	34,343
Q3	270	4,946	4,319	1,757	6,085	3,392	2,709	363	4,788	9,561	697	34,515
Q4	302	4,914	4,390	1,735	6,263	3,545	2,798	411	4,863	9,355	691	34,813
2023
Q1	286	4,896	4,408	1,703	6,375	3,620	2,707	383	5,082	9,708	725	35,442
Q2	277	4,612	4,141	1,799	6,674	3,618	2,742	247	5,365	9,699	727	35,778
Q3	351	4,733	4,150	1,693	6,520	3,678	2,743	330	5,213	9,786	748	35,786
Q4	320	4,489	4,021	1,617	6,803	3,350	2,658	327	5,416	9,873	777	35,661
2024
Q1	316	4,772	4,186	1,723	6,646	3,411	2,734	353	5,716	9,987	754	36,412
Q2	329	4,838	4,217	1,742	6,750	3,657	2,715	357	5,642	9,982	677	36,689
Q3	372	4,732	4,016	1,771	6,724	3,548	2,776	484	5,541	10,258	708	36,916
Q4	345	4,806	4,124	1,777	6,385	3,612	2,881	452	5,407	10,328	697	36,690
2025
Q1	379	4,666	3,995	1,737	6,179	3,608	2,947	520	5,396	10,055	726	36,212

Percentage change on previous quarter
2019
Q1	1.4	4.3	4.4	0.8	-0.5	0.8	5.5	-10.4	2.5	0.6	-6.8	1.2
Q2	-0.7	-1.6	-2.4	4.6	-0.6	4.0	-0.7	11.3	-0.6	1.4	7.3	0.7
Q3	-6.5	2.4	3.1	-0.6	-0.5	3.8	6.6	-12.0	-1.3	1.3	-3.4	1.0
Q4	13.4	-0.3	0.2	3.7	-1.1	-1.0	-0.5	-3.3	3.0	0.6	-0.7	0.4
2020
Q1	0.6	-2.6	-1.5	-5.0	0.3	-2.0	1.6	7.3	1.2	-3.6	-2.8	-1.4
Q2	-26.8	-8.8	-8.4	-46.7	-28.2	3.5	8.0	-4.8	-10.2	-4.5	-51.1	-11.9
Q3	23.6	16.9	13.7	79.1	34.4	-3.4	-3.8	11.0	9.6	5.5	105.3	13.8
Q4	3.6	2.6	6.2	0.5	-7.4	10.7	-2.4	-7.6	-6.6	1.4	-34.6	-1.7
2021
Q1	6.0	-1.6	-0.6	-21.9	-8.7	2.9	2.4	-13.1	2.3	4.7	-9.0	-0.8
Q2	2.0	-0.2	-1.0	18.5	10.8	-0.8	3.2	24.7	5.4	3.6	36.2	5.2
Q3	-5.5	-6.4	-10.0	12.6	12.2	1.9	-1.6	34.0	5.1	-0.9	26.4	2.9
Q4	1.2	4.8	7.2	8.9	-3.5	16.8	8.5	-14.3	4.5	1.3	-0.6	3.4
2022
Q1	-4.5	3.9	3.1	6.1	4.9	2.3	1.1	27.6	-1.9	2.6	-1.9	2.7
Q2	2.1	4.5	4.9	1.2	3.6	-2.9	-1.8	-31.5	-1.3	0.1	-4.5	0.3
Q3	-11.7	3.9	1.0	3.2	-3.9	-2.7	2.7	0.7	0.4	2.1	2.8	0.5
Q4	11.8	-0.7	1.7	-1.3	2.9	4.5	3.3	13.2	1.6	-2.2	-0.8	0.9
2023
Q1	-5.3	-0.4	0.4	-1.9	1.8	2.1	-3.3	-6.9	4.5	3.8	4.8	1.8
Q2	-3.1	-5.8	-6.0	5.7	4.7	-0.1	1.3	-35.5	5.6	-0.1	0.2	0.9
Q3	26.8	2.6	0.2	-5.9	-2.3	1.6	0.0	33.4	-2.8	0.9	2.9	0.0
Q4	-8.8	-5.1	-3.1	-4.5	4.3	-8.9	-3.1	-0.9	3.9	0.9	3.9	-0.3
2024
Q1	-1.2	6.3	4.1	6.6	-2.3	1.8	2.9	8.1	5.5	1.2	-3.0	2.1
Q2	3.9	1.4	0.7	1.1	1.6	7.2	-0.7	1.0	-1.3	-0.1	-10.2	0.8
Q3	13.4	-2.2	-4.8	1.7	-0.4	-3.0	2.3	35.8	-1.8	2.8	4.6	0.6
Q4	-7.3	1.6	2.7	0.3	-5.0	1.8	3.8	-6.6	-2.4	0.7	-1.6	-0.6
2025
Q1	9.8	-2.9	-3.1	-2.2	-3.2	-0.1	2.3	15.0	-0.2	-2.6	4.1	-1.3
¹Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done. Compensation of employees is made up of the following components: (a) wages and salaries and (b) employers’ social contributions
²Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2025 Table 7.3 (XLS 21KB)

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Table 7.4 Compensation of Employees¹ by NACE Rev. 2 A10 Sector of Origin at Current Market Prices

Table 7.4 Compensation of Employees¹ by NACE Rev. 2 A102 Sector of Origin at Current Market Prices												€million
Period	Agriculture Forestry and Fishing	Industry (excl. Construction)	of which Manufacturing	Construction	Distribution, Transport, Hotels and Restaurants	Information and Communication	Financial and Insurance Activities	Real Estate Activities	Professional, Admin and Support Services	Public Admin, Education and Health	Arts, Entertainment and Other Services	Total
2019	917	14,547	12,966	4,785	20,924	8,951	8,553	1,006	14,869	29,357	2,353	106,264
2020	1,024	14,697	13,109	4,651	18,685	9,672	8,805	963	14,981	30,629	1,996	106,103
2021	1,103	15,896	14,277	5,420	20,846	11,331	9,467	1,058	16,909	33,013	2,228	117,272
2022	1,170	17,210	15,486	6,104	23,591	12,798	9,624	1,094	18,673	35,524	2,803	128,591
2023	1,233	18,663	16,697	6,811	26,328	14,266	10,832	1,286	21,076	39,079	2,977	142,550
2024	1,296	20,204	18,061	7,632	28,189	15,406	10,948	1,316	22,590	42,329	3,218	153,129

2019
Q1	237	3,652	3,258	1,093	5,024	2,188	2,325	246	3,604	7,141	562	26,071
Q2	226	3,635	3,245	1,187	5,216	2,161	2,096	258	3,674	7,409	584	26,447
Q3	219	3,493	3,086	1,213	5,253	2,287	1,982	242	3,638	7,222	593	26,141
Q4	236	3,768	3,378	1,292	5,431	2,314	2,150	260	3,954	7,585	615	27,604
2020
Q1	260	3,800	3,389	1,208	5,221	2,473	2,435	270	3,975	7,524	586	27,751
Q2	256	3,457	3,093	813	3,813	2,254	2,134	210	3,328	7,497	379	24,141
Q3	245	3,476	3,072	1,225	4,643	2,404	2,018	228	3,510	7,404	507	25,659
Q4	262	3,964	3,555	1,406	5,009	2,541	2,218	255	4,168	8,204	524	28,551
2021
Q1	277	3,850	3,450	1,053	4,495	2,742	2,564	247	3,949	7,724	451	27,352
Q2	273	3,940	3,539	1,310	4,900	2,704	2,342	251	4,187	8,276	512	28,694
Q3	266	3,857	3,455	1,490	5,549	2,886	2,142	265	4,169	8,481	612	29,717
Q4	287	4,249	3,833	1,567	5,902	2,998	2,419	296	4,604	8,532	654	31,509
2022
Q1	297	4,266	3,853	1,356	5,439	3,147	2,647	269	4,551	8,506	713	31,191
Q2	289	4,343	3,912	1,511	5,909	3,118	2,334	266	4,617	8,755	708	31,851
Q3	282	4,154	3,717	1,598	6,091	3,237	2,230	270	4,614	8,751	679	31,906
Q4	302	4,448	4,004	1,639	6,152	3,295	2,412	290	4,891	9,511	702	33,643
2023
Q1	313	4,774	4,282	1,581	6,333	3,591	2,994	324	5,311	9,512	719	35,451
Q2	303	4,664	4,164	1,693	6,609	3,558	2,600	317	5,284	9,715	730	35,473
Q3	294	4,424	3,944	1,716	6,578	3,556	2,450	307	5,061	9,759	755	34,901
Q4	323	4,801	4,307	1,822	6,808	3,561	2,788	337	5,419	10,092	772	36,725
2024
Q1	330	5,215	4,678	1,753	6,860	3,968	3,086	330	5,724	10,256	786	38,308
Q2	320	4,965	4,432	1,892	7,125	3,823	2,697	322	5,642	10,658	786	38,230
Q3	310	4,785	4,258	1,946	6,989	3,664	2,478	314	5,417	10,626	803	37,331
Q4	336	5,239	4,693	2,043	7,213	3,951	2,687	350	5,808	10,790	843	39,260
2025
Q1	335	5,602	4,970	1,919	7,208	4,108	3,363	360	6,117	11,113	843	40,967

Percentage change on corresponding period of previous year
2019	22.1	7.6	8.1	7.3	4.7	11.3	6.6	10.6	16.0	6.7	4.0	8.1
2020	11.6	1.0	1.1	-2.8	-10.7	8.1	2.9	-4.3	0.8	4.3	-15.2	-0.2
2021	7.8	8.2	8.9	16.5	11.6	17.2	7.5	9.8	12.9	7.8	11.7	10.5
2022	6.1	8.3	8.5	12.6	13.2	12.9	1.7	3.4	10.4	7.6	25.8	9.7
2023	5.4	8.4	7.8	11.6	11.6	11.5	12.5	17.5	12.9	10.0	6.2	10.9
2024	5.1	8.3	8.2	12.1	7.1	8.0	1.1	2.3	7.2	8.3	8.1	7.4

2019
Q1	27.6	6.4	6.5	8.7	7.5	13.6	7.3	19.1	17.9	7.4	1.0	9.3
Q2	19.3	10.5	11.8	6.6	4.7	9.1	3.1	3.6	14.4	8.1	7.3	8.2
Q3	16.3	3.4	3.1	2.5	4.2	5.9	7.8	25.1	14.1	5.3	-0.5	6.2
Q4	25.3	10.1	11.2	11.5	2.6	17.4	8.2	-0.1	17.8	6.1	8.2	8.9
2020
Q1	9.8	4.1	4.0	10.5	3.9	13.0	4.7	9.6	10.3	5.4	4.4	6.4
Q2	13.1	-4.9	-4.7	-31.5	-26.9	4.3	1.8	-18.6	-9.4	1.2	-35.0	-8.7
Q3	12.1	-0.5	-0.5	0.9	-11.6	5.1	1.8	-5.8	-3.5	2.5	-14.6	-1.8
Q4	11.3	5.2	5.2	8.8	-7.8	9.8	3.2	-1.7	5.4	8.2	-14.8	3.4
2021
Q1	6.3	1.3	1.8	-12.8	-13.9	10.9	5.3	-8.5	-0.6	2.6	-23.1	-1.4
Q2	6.9	14.0	14.4	61.0	28.5	20.0	9.7	19.1	25.8	10.4	35.1	18.9
Q3	8.3	11.0	12.5	21.7	19.5	20.0	6.2	16.2	18.8	14.6	20.8	15.8
Q4	9.6	7.2	7.8	11.5	17.8	18.0	9.1	16.0	10.4	4.0	24.8	10.4
2022
Q1	7.4	10.8	11.7	28.8	21.0	14.8	3.2	8.8	15.2	10.1	58.2	14.0
Q2	5.9	10.2	10.5	15.4	20.6	15.3	-0.3	6.0	10.3	5.8	38.3	11.0
Q3	6.1	7.7	7.6	7.2	9.8	12.2	4.1	1.8	10.7	3.2	11.0	7.4
Q4	4.9	4.7	4.4	4.6	4.2	9.9	-0.3	-1.9	6.2	11.5	7.4	6.8
2023
Q1	5.3	11.9	11.1	16.6	16.4	14.1	13.1	20.8	16.7	11.8	0.8	13.7
Q2	4.7	7.4	6.4	12.0	11.8	14.1	11.4	19.4	14.4	11.0	3.1	11.4
Q3	4.3	6.5	6.1	7.4	8.0	9.9	9.9	13.9	9.7	11.5	11.2	9.4
Q4	7.2	7.9	7.6	11.2	10.7	8.1	15.6	16.1	10.8	6.1	10.0	9.2
2024
Q1	5.4	9.3	9.3	10.9	8.3	10.5	3.1	1.7	7.8	7.8	9.3	8.1
Q2	5.6	6.5	6.4	11.8	7.8	7.4	3.7	1.7	6.8	9.7	7.7	7.8
Q3	5.5	8.2	8.0	13.4	6.3	3.0	1.1	2.1	7.0	8.9	6.3	7.0
Q4	4.0	9.1	9.0	12.1	6.0	11.0	-3.6	3.7	7.2	6.9	9.2	6.9
2025
Q1	1.7	7.4	6.2	9.5	5.1	3.5	9.0	9.1	6.9	8.4	7.3	6.9
¹Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done. Compensation of employees is made up of the following components: (a) wages and salaries and (b) employers’ social contributions

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Table 7.5 Compensation of Employees¹ by NACE Rev. 2 A10 Sector² of Origin at Current Market Prices - Seasonally Adjusted

Table 7.5 Compensation of Employees¹ by NACE Rev. 2 A10 Sector²of Origin at Current Market Prices - Seasonally Adjusted												€million
Period	Agriculture Forestry and Fishing	Industry (excl. Construction)	of which Manufacturing	Construction	Distribution, Transport, Hotels and Restaurants	Information and Communication	Financial and Insurance Activities	Real Estate Activities	Professional, Admin and Support Services	Public Admin, Education and Health	Arts, Entertainment and Other Services	Total
2019
Q1	236	3,571	3,150	1,150	5,220	2,188	2,094	246	3,604	7,207	563	26,079
Q2	226	3,673	3,281	1,182	5,223	2,161	2,130	258	3,674	7,385	583	26,496
Q3	219	3,603	3,205	1,193	5,219	2,287	2,152	242	3,638	7,328	597	26,478
Q4	236	3,756	3,324	1,252	5,251	2,314	2,188	260	3,954	7,579	610	27,400
2020
Q1	260	3,695	3,283	1,274	5,438	2,473	2,183	270	3,975	7,574	586	27,728
Q2	256	3,479	3,114	815	3,827	2,254	2,167	210	3,328	7,470	379	24,186
Q3	246	3,617	3,223	1,199	4,590	2,404	2,211	228	3,510	7,453	512	25,969
Q4	262	3,812	3,478	1,360	4,852	2,541	2,248	255	4,168	8,046	520	28,064
2021
Q1	277	3,797	3,352	1,112	4,683	2,742	2,293	247	3,949	7,843	449	27,392
Q2	273	3,938	3,538	1,316	4,917	2,704	2,380	251	4,187	8,244	513	28,722
Q3	266	4,007	3,651	1,457	5,472	2,886	2,359	265	4,169	8,523	619	30,024
Q4	287	4,160	3,755	1,516	5,761	2,998	2,451	296	4,604	8,499	650	31,222
2022
Q1	297	4,173	3,731	1,428	5,635	3,147	2,356	269	4,551	8,616	708	31,180
Q2	289	4,325	3,900	1,518	5,899	3,118	2,377	266	4,617	8,717	710	31,835
Q3	282	4,364	3,938	1,566	6,030	3,237	2,465	270	4,614	8,875	687	32,390
Q4	301	4,411	3,949	1,588	6,066	3,295	2,443	290	4,891	9,334	698	33,319
2023
Q1	313	4,602	4,111	1,659	6,495	3,591	2,652	324	5,311	9,576	714	35,236
Q2	303	4,639	4,149	1,696	6,556	3,558	2,651	317	5,284	9,669	732	35,406
Q3	295	4,689	4,194	1,688	6,564	3,556	2,713	307	5,061	9,824	763	35,461
Q4	323	4,800	4,267	1,769	6,757	3,561	2,833	337	5,419	9,997	767	36,564
2024
Q1	330	4,963	4,441	1,833	6,975	3,968	2,719	330	5,724	10,256	781	37,879
Q2	320	4,957	4,441	1,891	7,036	3,823	2,755	322	5,642	10,539	789	38,073
Q3	311	5,065	4,538	1,923	7,025	3,664	2,748	314	5,417	10,761	810	38,037
Q4	335	5,260	4,654	1,984	7,176	3,951	2,735	350	5,808	10,873	837	39,309
2025
Q1	336	5,386	4,716	2,002	7,299	4,108	2,954	360	6,117	11,204	839	40,604

Percentage change on previous quarter
2019
Q1	25.6	4.1	4.2	2.2	1.9	11.0	3.3	-5.3	7.4	0.9	-0.1	3.5
Q2	-4.4	2.9	4.2	2.8	0.1	-1.2	1.7	4.9	2.0	2.5	3.5	1.6
Q3	-3.0	-1.9	-2.3	1.0	-0.1	5.8	1.0	-6.4	-1.0	-0.8	2.5	-0.1
Q4	7.4	4.3	3.7	4.9	0.6	1.2	1.7	7.3	8.7	3.4	2.1	3.5
2020
Q1	10.3	-1.6	-1.3	1.7	3.6	6.8	-0.3	4.0	0.5	-0.1	-3.9	1.2
Q2	-1.6	-5.8	-5.2	-36.0	-29.6	-8.8	-0.7	-22.1	-16.3	-1.4	-35.3	-12.8
Q3	-3.9	3.9	3.5	47.1	19.9	6.7	2.0	8.4	5.5	-0.2	35.0	7.4
Q4	6.5	5.4	7.9	13.4	5.7	5.7	1.7	11.9	18.8	7.9	1.7	8.1
2021
Q1	5.6	-0.4	-3.6	-18.2	-3.5	7.9	2.0	-3.2	-5.3	-2.5	-13.8	-2.4
Q2	-1.2	3.7	5.5	18.3	5.0	-1.4	3.8	1.5	6.0	5.1	14.3	4.9
Q3	-2.6	1.8	3.2	10.8	11.3	6.7	-0.9	5.7	-0.4	3.4	20.7	4.5
Q4	7.7	3.8	2.9	4.0	5.3	3.9	3.9	11.7	10.4	-0.3	4.9	4.0
2022
Q1	3.6	0.3	-0.7	-5.8	-2.2	5.0	-3.8	-9.2	-1.2	1.4	9.0	-0.1
Q2	-2.7	3.6	4.5	6.3	4.7	-0.9	0.9	-1.2	1.5	1.2	0.3	2.1
Q3	-2.3	0.9	1.0	3.2	2.2	3.8	3.7	1.6	-0.1	1.8	-3.2	1.7
Q4	6.5	1.1	0.3	1.4	0.6	1.8	-0.9	7.6	6.0	5.2	1.6	2.9
2023
Q1	4.1	4.3	4.1	4.5	7.1	9.0	8.5	11.8	8.6	2.6	2.2	5.8
Q2	-3.3	0.8	0.9	2.3	0.9	-0.9	-0.0	-2.3	-0.5	1.0	2.6	0.5
Q3	-2.7	1.1	1.1	-0.5	0.1	-0.1	2.3	-3.1	-4.2	1.6	4.2	0.2
Q4	9.4	2.4	1.7	4.8	2.9	0.1	4.4	9.7	7.1	1.8	0.6	3.1
2024
Q1	2.3	3.4	4.1	3.6	3.2	11.4	-4.0	-2.1	5.6	2.6	1.7	3.6
Q2	-3.1	-0.1	0.0	3.2	0.9	-3.7	1.3	-2.3	-1.4	2.8	1.1	0.5
Q3	-2.8	2.2	2.2	1.7	-0.2	-4.1	-0.3	-2.8	-4.0	2.1	2.7	-0.1
Q4	7.9	3.9	2.6	3.2	2.1	7.8	-0.5	11.6	7.2	1.0	3.4	3.3
2025
Q1	0.1	2.4	1.3	0.9	1.7	4.0	8.0	2.9	5.3	3.0	0.2	3.3
¹Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done. Compensation of employees is made up of the following components: (a) wages and salaries and (b) employers’ social contributions
²See Background Notes for detailed NACE A10 sector descriptions

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Table 7.6 Breakdown of Compensation of Employees¹ & Employment² by Nationality of Enterprise Ownership

Table 7.7 Compensation of Employees¹ by Nationality of Enterprise Ownership - Seasonally Adjusted

Table 7.8 Total number of Employees¹ by NACE Rev. 2 A10 Sector²

Table 7.8 Total number of Employees¹ by NACE Rev. 2 A10 Sector²												'0000
Period	Agriculture Forestry and Fishing	Industry (excl. Construction)	of which Manufacturing	Construction	Distribution, Transport, Hotels and Restaurants	Information and Communication	Financial and Insurance Activities	Real Estate Activities	Professional, Admin and Support Services	Public Admin, Education and Health	Arts, Entertainment and Other Services	Total
2019
Q1	26.1	270.4	237.9	96.8	523.1	105.9	96.0	6.8	203.3	559.2	87.2	1,974.9
Q2	26.0	265.6	230.7	102.3	519.2	107.7	98.5	7.1	202.3	560.8	88.6	1,978.1
Q3	24.2	277.9	246.8	102.4	520.4	117.8	100.4	6.6	197.1	573.0	89.6	2,009.5
Q4	31.0	270.6	240.9	104.3	528.8	113.4	100.2	7.1	204.5	583.4	87.2	2,030.5
2020
Q1	30.4	268.6	240.8	102.5	518.2	114.0	103.0	7.5	211.7	578.1	85.7	2,019.8
Q2	23.1	271.2	242.9	85.0	416.9	120.4	110.9	8.9	180.1	555.7	60.8	1,832.9
Q3	23.5	284.5	250.4	95.7	479.4	115.2	104.7	8.0	184.9	568.7	80.2	1,944.7
Q4	27.4	283.2	254.5	96.5	482.5	125.1	104.4	8.2	178.7	584.2	71.1	1,961.2
2021
Q1	24.8	291.2	263.6	91.8	443.5	127.5	106.4	7.5	183.8	606.1	63.1	1,945.6
Q2	26.6	296.2	266.4	92.3	467.5	129.4	116.3	7.0	207.9	631.3	73.3	2,047.8
Q3	23.9	292.1	261.6	104.1	535.6	137.8	121.5	9.8	215.9	626.1	84.8	2,151.7
Q4	26.2	296.9	266.4	115.1	513.8	157.7	117.9	8.6	222.3	652.2	81.8	2,192.6
2022
Q1	24.2	301.4	268.0	116.8	521.2	153.9	118.0	10.7	221.3	659.4	74.5	2,201.4
Q2	24.2	305.9	271.4	118.5	534.5	154.6	116.4	8.2	223.5	664.6	78.1	2,228.6
Q3	23.7	315.7	277.7	123.5	533.0	150.1	113.2	7.8	225.4	662.9	81.3	2,236.6
Q4	25.7	308.2	269.3	117.7	544.9	153.1	117.3	9.8	229.3	665.0	83.0	2,254.0
2023
Q1	26.2	313.2	277.1	115.8	552.5	156.0	119.5	7.9	232.8	677.8	82.8	2,284.6
Q2	24.7	297.0	261.3	128.1	564.7	160.8	124.1	6.4	236.6	692.9	83.0	2,318.3
Q3	28.6	306.7	269.8	123.2	555.4	162.7	118.2	7.3	240.8	690.0	86.5	2,319.3
Q4	29.5	302.5	266.4	114.3	573.3	151.1	117.2	7.9	243.4	709.3	89.8	2,338.3
2024
Q1	26.7	305.6	266.7	121.2	554.2	156.4	117.6	8.6	255.4	700.5	90.8	2,337.1
Q2	27.2	324.5	281.0	120.4	559.3	169.3	114.8	8.2	253.3	729.5	81.3	2,387.9
Q3	33.2	322.5	276.6	127.6	580.4	168.1	116.9	10.9	246.4	726.3	88.1	2,420.4
Q4	29.2	316.7	269.1	124.5	564.5	164.5	122.4	10.8	238.9	740.6	85.7	2,397.8
2025
Q1	32.2	313.3	269.0	126.1	559.6	171.0	129.9	12.2	247.7	737.4	88.0	2,417.4

Percentage change on corresponding period of previous year
2019
Q1	5.1	3.5	2.8	7.5	5.3	6.0	6.0	4.0	9.1	7.4	-5.8	5.6
Q2	-8.7	3.5	1.7	5.7	1.8	5.0	4.8	-7.0	2.2	5.0	-0.1	3.2
Q3	-10.5	3.0	2.8	1.7	0.1	6.7	13.7	6.3	1.4	6.8	-6.5	3.1
Q4	15.6	3.7	4.0	7.0	1.4	8.3	11.9	-12.0	2.5	4.8	-3.3	3.8
2020
Q1	16.4	-0.7	1.2	5.9	-0.9	7.7	7.2	10.4	4.1	3.4	-1.7	2.3
Q2	-11.2	2.1	5.3	-16.9	-19.7	11.8	12.5	25.2	-11.0	-0.9	-31.3	-7.3
Q3	-3.2	2.4	1.5	-6.5	-7.9	-2.3	4.3	21.1	-6.2	-0.8	-10.5	-3.2
Q4	-11.5	4.7	5.7	-7.5	-8.8	10.3	4.2	16.4	-12.7	0.1	-18.5	-3.4
2021
Q1	-18.5	8.4	9.5	-10.5	-14.4	11.8	3.3	-0.7	-13.2	4.8	-26.5	-3.7
Q2	15.3	9.2	9.7	8.6	12.1	7.5	4.9	-21.2	15.4	13.6	20.5	11.7
Q3	1.8	2.7	4.5	8.8	11.7	19.7	16.1	21.5	16.8	10.1	5.8	10.6
Q4	-4.5	4.8	4.7	19.3	6.5	26.1	13.0	4.9	24.4	11.6	15.1	11.8
2022
Q1	-2.2	3.5	1.6	27.3	17.5	20.7	10.9	43.2	20.4	8.8	18.2	13.1
Q2	-9.1	3.3	1.9	28.5	14.3	19.4	0.1	17.9	7.5	5.3	6.5	8.8
Q3	-0.7	8.1	6.2	18.6	-0.5	8.9	-6.9	-20.4	4.4	5.9	-4.2	3.9
Q4	-1.7	3.8	1.1	2.3	6.0	-3.0	-0.5	13.2	3.1	2.0	1.5	2.8
2023
Q1	8.3	3.9	3.4	-0.8	6.0	1.4	1.3	-26.0	5.2	2.8	11.2	3.8
Q2	2.0	-2.9	-3.7	8.1	5.6	4.1	6.5	-22.2	5.9	4.3	6.2	4.0
Q3	20.5	-2.9	-2.9	-0.3	4.2	8.4	4.5	-6.5	6.8	4.1	6.4	3.7
Q4	14.6	-1.9	-1.1	-2.9	5.2	-1.3	-0.1	-19.0	6.2	6.7	8.2	3.7
2024
Q1	1.7	-2.4	-3.7	4.7	0.3	0.3	-1.6	8.8	9.7	3.3	9.6	2.3
Q2	10.1	9.3	7.5	-6.0	-1.0	5.3	-7.4	28.5	7.1	5.3	-2.0	3.0
Q3	16.3	5.2	2.5	3.6	4.5	3.3	-1.2	49.4	2.3	5.3	1.9	4.4
Q4	-0.8	4.7	1.0	8.9	-1.5	8.9	4.4	36.1	-1.9	4.4	-4.5	2.5
2025
Q1	20.5	2.5	0.9	4.0	1.0	9.3	10.5	41.3	-3.0	5.3	-3.0	3.4
¹Data from Labour Force Survey
²See Background Notes for detailed NACE A10 sector descriptions

Open in Excel: Quarterly National Accounts Q1 2025 Table 7.8 (XLS 21KB)

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Table 7.6 Breakdown of Compensation of Employees¹ & Employment² by Nationality of Enterprise Ownership
Period	Domestic		Foreign
	Amount €m	Employment	Amount €m	Employment
2019
Q1	17,754.4		8,317.1
Q2	18,525.4		7,921.3
Q3	18,370.8		7,770.4
Q4	19,426.2		8,178.1
2020
Q1	18,605.2		9,146.1
Q2	16,030.3	1,551,728	8,110.9	543,088
Q3	17,627.1	1,729,972	8,032.3	554,902
Q4	19,731.8	1,714,370	8,819.2	564,217
2021
Q1	17,963.1	1,592,884	9,388.8	579,464
Q2	19,559.8	1,754,088	9,134.5	595,261
Q3	20,839.7	1,901,684	8,877.2	624,057
Q4	21,895.7	1,909,021	9,613.3	635,213
2022
Q1	20,170.8	1,927,167	11,019.9	633,962
Q2	21,361.2	2,037,632	10,489.8	653,148
Q3	21,649.1	2,070,565	10,257.0	670,033
Q4	22,982.7	2,041,346	10,660.0	672,190
2023
Q1	22,957.4	2,003,310	12,493.8	661,055
Q2	23,720.5	2,084,331	11,752.5	667,086
Q3	23,713.8	2,111,317	11,187.3	670,243
Q4	24,995.3	2,074,862	11,729.7	668,943
2024
Q1	24,887.1	2,083,390	13,421.0	663,563
Q2	25,766.7	2,173,358	12,463.5	666,745
Q3	25,612.6	2,193,616	11,718.1	672,497
Q4	26,710.4	2,161,636	12,549.5	672,872
2025
Q1	26,878.3	2,135,277	14,088.9	666,073
¹Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done. Compensation of employees is made up of the following components: (a) wages and salaries and (b) employers’ social contributions
²Employment estimates at enterprise ownership level were obtained from the Labour Market churn report published by the CSO's Labour Market division. Figures only available back to Q2 2020

Table 7.7 Compensation of Employees¹ by Nationality of Enterprise Ownership - Seasonally Adjusted
Period	Foreign Amount €m	Domestic Amount €m
2019
Q1	7,551.5	18,527.6
Q2	7,791.5	18,704.4
Q3	7,856.9	18,621.4
Q4	8,207.7	19,192.2
2020
Q1	8,306.0	19,421.9
Q2	7,958.7	16,227.0
Q3	8,119.9	17,849.2
Q4	8,769.1	19,294.5
2021
Q1	8,558.2	18,834.0
Q2	8,941.1	19,781.1
Q3	8,969.0	21,054.9
Q4	9,595.5	21,626.3
2022
Q1	10,323.4	20,856.2
Q2	10,505.2	21,330.0
Q3	10,729.2	21,661.3
Q4	10,917.7	22,401.0
2023
Q1	11,675.3	23,560.7
Q2	11,743.5	23,662.9
Q3	11,732.8	23,727.9
Q4	12,050.4	24,513.7
2024
Q1	12,481.1	25,398.2
Q2	12,419.0	25,654.2
Q3	12,331.5	25,705.4
Q4	12,937.4	26,372.0
2025
Q1	13,134.7	27,469.5
¹Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done. Compensation of employees is made up of the following components: (a) wages and salaries and (b) employers’ social contributions

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Quarterly National Accounts Quarter 1 2025 Final

Compensation of Employees

Compensation of Employees

Compensation of Employees increased by 0.9% in Q1 2025

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