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Quarterly National Accounts Quarter 2 2025

Compensation of Employees

Compensation of Employees increased by 3.7% in Q2 2025

Online ISSN: 2009-5775

CSO statistical release, 04 September 2025, 11am

Table 7.1 Compensation of Employees by NACE Rev. 2 A10 Sector of Origin, Q2 2025¹
	Amount €m	Quarterly % change
Public Admin, Education and Health	10,378	3.2
Distribution, Transport, Hotels and Restaurants	6,325	2.4
Professional, Admin and Support Services	5,874	8.1
Industry (excl. Construction)	4,956	5.6
Information and Communication	3,902	7.1
Financial and Insurance Activities	2,984	1.2
Construction	1,808	3.6
Arts, Entertainment and Other Services	696	-4.0
Agriculture, Forestry and Fishing	387	1.3
Real Estate Activities	357	-31.5
Total	37,667	3.7
¹Constant Market Prices, seasonally adjusted

Open in Excel: Quarterly National Accounts Q2 2025 Table 7.1 (XLS 10KB)

On a seasonally adjusted basis, total Compensation of Employees at constant market prices increased by 3.7% in the second quarter of 2025, in part driven by a 7.4% increase in Manufacturing and an 8.1% increase in Professional, Admin and Support Services.

`-	Constant	Current
2019Q1	1.2344244803469	3.46714767170322
2019Q2	0.589978900067401	1.64793863069421
2019Q3	1.078914104037	-0.0571478462621622
2019Q4	0.427180875669975	3.49281955076866
2020Q1	-1.39825949857075	1.08945128951445
2020Q2	-12.0206299413781	-12.688936938573
2020Q3	13.9183459991498	7.37172455512694
2020Q4	-1.60307937533639	8.09679160423831
2021Q1	-0.87267926212532	-2.52415909619432
2021Q2	5.05341598187363	4.98449082686183
2021Q3	3.01217870475639	4.52226557707884
2021Q4	3.54059376950515	3.99881267423312
2022Q1	2.67327327771607	-0.283430532170992
2022Q2	-0.0609480070589696	2.28573550212083
2022Q3	0.749954486866966	1.71959778984756
2022Q4	0.994460530077323	2.81749722924525
2023Q1	1.85580910965819	5.604284354749
2023Q2	0.382264527072906	0.746083865925273
2023Q3	0.435824341841839	0.105414043060104
2023Q4	-0.220108156175813	3.01083595882918
2024Q1	2.12077748864075	3.42673573717296
2024Q2	0.135757443896756	0.859824269208009
2024Q3	1.12877013240327	-0.15470893266295
2024Q4	-0.46538585004493	3.2322619841584
2025Q1	-1.18368492540116	3.29889194139426
2025Q2	3.66954470411966	-1.22208101515676

Column1	Q2 2025	Q2 2024
Public Admin, Education and Health	10.518911846	10.3983619
Distribution, Transport, Hotels and Restaurants	6.324806683	6.750083958
Professional, Admin and Support Services	6.092318384	5.909582783
Industry (excl. Construction)	5.057046339	4.901077341
Information and Communication	4.104917964	3.742910231
Financial and Insurance Activities	3.048509518	2.779522476
Construction	1.839110252	1.758670818
Arts, Entertainment and Other Services	0.696172958	0.677122454
Agriculture Forestry and Fishing	0.381439791	0.319755782
Real Estate Activities	0.356574469	0.356716267

On a non-seasonally adjusted basis, Compensation of Employees at constant market prices increased by 2.2% in Q2 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	14.1370890545	26.9421319287
Q2 2025	12.950450019	27.1704352476

In Q2 2025, €27.2 billion was compensated to employees of Irish-owned enterprises, while €13 billion was paid to those employed in foreign-owned enterprises. These figures are now available on both a seasonally and non-seasonally adjusted basis in PxStat table NAQ11.

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 Q2 2025, there were 2.2 million employees in Irish-owned enterprises, with a total remuneration of €27.2 billion.

Column1	Foreign	Domestic
2019Q1	7563.62403214174	18505.9922462218
2019Q2	7791.05552410768	18708.1720317808
2019Q3	7863.97757911792	18620.1062389461
2019Q4	8192.44002202875	19216.6850534746
2020Q1	8312.73097405189	19395.0031680312
2020Q2	7962.3803348557	16229.536894831
2020Q3	8125.3489182076	17849.9298142559
2020Q4	8758.89153379523	19319.5513862559
2021Q1	8555.74900727874	18813.9493417362
2021Q2	8955.09267223918	19778.8457803221
2021Q3	8970.77310963114	21062.5903505094
2021Q4	9587.10301912028	21647.2383855628
2022Q1	10311.84130435	20833.9724402697
2022Q2	10529.0374592905	21328.6872075143
2022Q3	10728.0538024601	21677.4955936109
2022Q4	10913.5096464095	22405.0652060175
2023Q1	11651.3671797901	23534.4753503168
2023Q2	11775.1331277481	23673.2252965658
2023Q3	11734.9669740453	23750.7589980821
2023Q4	12045.2674886031	24508.8754813447
2024Q1	12448.668695609	25358.0881549073
2024Q2	12453.4272476156	25678.4012737019
2024Q3	12339.9284274309	25732.9067489764
2024Q4	12937.4466791625	26366.0022749432
2025Q1	13124.1649459749	27475.8623183677
2025Q2	12977.6678592581	27126.1941797384

Column1	Q2 2025	Q2 2024
Public Admin, Education and Health	746.3712702267	729.4980392244
Distribution, Transport, Hotels and Restaurants	561.827476033	559.2888807929
Industry (excl. Construction)	327.0978558933	324.5422911574
Professional, Admin and Support Services	264.1655369681	253.3428750336
Information and Communication	160.9915596625	169.3344486934
Construction	131.5947072404	120.3906798685
Financial and Insurance Activities	122.2776147789	114.8382949426
Arts, Entertainment and Other Services	82.7241126399	81.2780466906
Agriculture Forestry and Fishing	31.2585804558	27.1722217762
Real Estate Activities	8.6499474258	8.2430048788

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

Table 7.2 Compensation of Employees¹by 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
Q2	381	5,057	4,419	1,839	6,325	4,105	3,049	357	6,092	10,519	696	38,420

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
Q2	19.3	3.2	4.0	4.6	-6.3	9.7	9.7	-0.0	3.1	1.2	2.8	2.2
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 Q2 2025 Table 7.2 (XLS 24KB)

Visit Table NAQ07 on PxStat

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

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	4,255	3,785	1,424	6,083	2,492	2,174	335	4,416	8,235	708	30,276
Q2	303	4,182	3,695	1,488	6,045	2,586	2,160	372	4,373	8,348	760	30,455
Q3	283	4,281	3,809	1,480	6,013	2,688	2,303	327	4,332	8,459	734	30,784
Q4	321	4,273	3,820	1,535	5,945	2,664	2,292	317	4,465	8,513	729	30,915
2020
Q1	323	4,164	3,761	1,460	5,960	2,610	2,328	340	4,520	8,204	709	30,483
Q2	236	3,793	3,448	775	4,279	2,694	2,513	324	4,043	7,826	346	26,819
Q3	292	4,430	3,918	1,390	5,748	2,607	2,417	359	4,452	8,265	711	30,551
Q4	303	4,554	4,166	1,398	5,320	2,895	2,358	332	4,158	8,379	465	30,062
2021
Q1	321	4,481	4,137	1,094	4,856	2,976	2,414	288	4,242	8,765	423	29,799
Q2	327	4,469	4,094	1,290	5,378	2,935	2,490	360	4,470	9,084	576	31,305
Q3	309	4,177	3,690	1,455	6,034	3,003	2,451	482	4,718	9,001	728	32,248
Q4	314	4,388	3,955	1,588	5,825	3,526	2,660	413	4,929	9,120	724	33,390
2022
Q1	299	4,561	4,078	1,688	6,112	3,598	2,688	527	4,844	9,352	710	34,282
Q2	304	4,754	4,265	1,698	6,331	3,457	2,639	361	4,732	9,359	678	34,262
Q3	270	4,938	4,327	1,755	6,085	3,390	2,710	363	4,800	9,563	697	34,518
Q4	302	4,923	4,391	1,739	6,263	3,569	2,799	411	4,871	9,358	691	34,862
2023
Q1	286	4,910	4,419	1,709	6,375	3,637	2,708	383	5,106	9,712	725	35,509
Q2	274	4,596	4,114	1,792	6,674	3,566	2,742	247	5,314	9,695	727	35,644
Q3	353	4,726	4,167	1,690	6,519	3,681	2,743	330	5,228	9,788	748	35,800
Q4	320	4,500	4,020	1,621	6,802	3,381	2,658	327	5,428	9,877	777	35,721
2024
Q1	318	4,793	4,207	1,731	6,646	3,437	2,736	353	5,728	9,983	754	36,479
Q2	323	4,809	4,172	1,732	6,750	3,585	2,714	357	5,597	9,983	677	36,528
Q3	377	4,728	4,038	1,768	6,724	3,556	2,776	484	5,561	10,259	708	36,940
Q4	345	4,820	4,123	1,783	6,385	3,655	2,879	452	5,424	10,330	697	36,769
2025
Q1	382	4,693	4,025	1,745	6,179	3,645	2,950	520	5,436	10,057	726	36,333
Q2	387	4,956	4,323	1,808	6,325	3,902	2,984	357	5,874	10,378	696	37,667

Percentage change on previous quarter
2019
Q1	1.4	4.3	4.4	0.9	-0.5	0.7	5.5	-10.4	2.6	0.6	-6.8	1.2
Q2	-0.8	-1.7	-2.4	4.5	-0.6	3.8	-0.7	11.3	-1.0	1.4	7.3	0.6
Q3	-6.5	2.4	3.1	-0.5	-0.5	3.9	6.6	-12.0	-0.9	1.3	-3.4	1.1
Q4	13.4	-0.2	0.3	3.7	-1.1	-0.9	-0.5	-3.3	3.1	0.6	-0.7	0.4
2020
Q1	0.6	-2.5	-1.5	-4.9	0.3	-2.0	1.6	7.3	1.2	-3.6	-2.8	-1.4
Q2	-26.9	-8.9	-8.3	-46.9	-28.2	3.2	8.0	-4.8	-10.6	-4.6	-51.1	-12.0
Q3	23.6	16.8	13.6	79.4	34.4	-3.2	-3.8	11.0	10.1	5.6	105.3	13.9
Q4	3.7	2.8	6.3	0.6	-7.4	11.0	-2.4	-7.6	-6.6	1.4	-34.6	-1.6
2021
Q1	5.9	-1.6	-0.7	-21.8	-8.7	2.8	2.4	-13.1	2.0	4.6	-9.0	-0.9
Q2	2.0	-0.3	-1.0	18.0	10.8	-1.4	3.2	24.7	5.4	3.6	36.2	5.1
Q3	-5.4	-6.5	-9.9	12.8	12.2	2.3	-1.6	34.0	5.5	-0.9	26.4	3.0
Q4	1.4	5.1	7.2	9.1	-3.5	17.4	8.5	-14.3	4.5	1.3	-0.6	3.5
2022
Q1	-4.8	4.0	3.1	6.3	4.9	2.1	1.1	27.6	-1.7	2.5	-1.9	2.7
Q2	1.9	4.2	4.6	0.6	3.6	-3.9	-1.8	-31.5	-2.3	0.1	-4.5	-0.1
Q3	-11.3	3.9	1.5	3.3	-3.9	-1.9	2.7	0.7	1.5	2.2	2.8	0.7
Q4	11.7	-0.3	1.5	-0.9	2.9	5.3	3.3	13.2	1.5	-2.1	-0.8	1.0
2023
Q1	-5.3	-0.3	0.6	-1.7	1.8	1.9	-3.2	-6.9	4.8	3.8	4.8	1.9
Q2	-4.0	-6.4	-6.9	4.9	4.7	-2.0	1.3	-35.5	4.1	-0.2	0.2	0.4
Q3	28.8	2.8	1.3	-5.7	-2.3	3.2	0.0	33.4	-1.6	1.0	2.9	0.4
Q4	-9.4	-4.8	-3.5	-4.1	4.3	-8.2	-3.1	-0.9	3.8	0.9	3.9	-0.2
2024
Q1	-0.7	6.5	4.6	6.8	-2.3	1.7	2.9	8.1	5.5	1.1	-3.0	2.1
Q2	1.8	0.3	-0.8	0.1	1.6	4.3	-0.8	1.0	-2.3	-0.0	-10.2	0.1
Q3	16.7	-1.7	-3.2	2.0	-0.4	-0.8	2.3	35.8	-0.7	2.8	4.6	1.1
Q4	-8.5	1.9	2.1	0.8	-5.0	2.8	3.7	-6.6	-2.5	0.7	-1.6	-0.5
2025
Q1	10.7	-2.6	-2.4	-2.1	-3.2	-0.3	2.5	15.0	0.2	-2.6	4.1	-1.2
Q2	1.3	5.6	7.4	3.6	2.4	7.1	1.2	-31.5	8.1	3.2	-4.0	3.7
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 Q2 2025 Table 7.3 (XLS 22KB)

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Table 7.4 Compensation of Employees 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	5,629	4,997	1,904	7,241	4,103	3,374	359	6,170	11,113	850	41,079
Q2	329	5,295	4,699	2,018	7,381	3,822	2,850	335	6,035	11,233	823	40,121

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	1.8	7.9	6.8	8.6	5.5	3.4	9.3	8.9	7.8	8.4	8.2	7.2
Q2	2.8	6.6	6.0	6.7	3.6	-0.0	5.7	3.8	7.0	5.4	4.7	4.9
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 Employees by NACE Rev. 2 A10 Sector of Origin at Current Market Prices - Seasonally Adjusted

Table 7.5 Compensation of Employees1 by NACE Rev. ² A10 Sector² of 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	3,569	3,149	1,150	5,214	2,188	2,094	246	3,604	7,205	563	26,070
Q2	226	3,675	3,282	1,182	5,223	2,161	2,130	258	3,674	7,387	583	26,499
Q3	219	3,604	3,206	1,193	5,221	2,287	2,152	242	3,638	7,331	597	26,484
Q4	236	3,756	3,323	1,253	5,257	2,314	2,189	260	3,954	7,581	610	27,409
2020
Q1	260	3,692	3,282	1,273	5,425	2,473	2,182	270	3,975	7,572	586	27,708
Q2	256	3,482	3,115	815	3,830	2,254	2,167	210	3,328	7,471	379	24,192
Q3	246	3,617	3,224	1,199	4,593	2,404	2,211	228	3,510	7,456	512	25,975
Q4	262	3,814	3,476	1,361	4,860	2,541	2,250	255	4,168	8,048	520	28,078
2021
Q1	277	3,795	3,352	1,112	4,665	2,742	2,291	247	3,949	7,843	448	27,370
Q2	273	3,940	3,539	1,315	4,924	2,704	2,380	251	4,187	8,247	513	28,734
Q3	266	4,008	3,653	1,457	5,478	2,886	2,359	265	4,169	8,525	619	30,033
Q4	287	4,160	3,752	1,518	5,768	2,998	2,453	296	4,604	8,502	649	31,234
2022
Q1	297	4,170	3,729	1,427	5,612	3,147	2,354	269	4,551	8,612	707	31,146
Q2	289	4,329	3,902	1,517	5,909	3,118	2,377	266	4,617	8,724	711	31,858
Q3	282	4,366	3,941	1,567	6,039	3,237	2,465	270	4,614	8,877	688	32,406
Q4	301	4,409	3,945	1,590	6,067	3,295	2,446	290	4,891	9,332	697	33,319
2023
Q1	313	4,594	4,106	1,657	6,470	3,591	2,648	324	5,311	9,566	712	35,186
Q2	303	4,650	4,157	1,696	6,571	3,558	2,653	317	5,284	9,683	734	35,448
Q3	295	4,694	4,198	1,689	6,577	3,556	2,714	307	5,061	9,828	764	35,486
Q4	323	4,794	4,261	1,772	6,752	3,561	2,837	337	5,419	9,993	767	36,554
2024
Q1	330	4,945	4,431	1,829	6,948	3,968	2,713	330	5,724	10,240	778	37,807
Q2	320	4,978	4,458	1,890	7,055	3,823	2,757	322	5,642	10,554	792	38,132
Q3	311	5,072	4,541	1,923	7,041	3,664	2,750	314	5,417	10,770	811	38,073
Q4	336	5,254	4,645	1,989	7,168	3,951	2,739	350	5,808	10,875	836	39,303
2025
Q1	336	5,381	4,726	1,982	7,300	4,103	2,956	359	6,170	11,169	843	40,600
Q2	329	5,321	4,728	2,015	7,298	3,822	2,917	335	6,035	11,202	830	40,104

Percentage change on previous quarter
2019
Q1	25.6	4.0	4.2	2.1	1.7	11.0	3.3	-5.3	7.4	0.8	-0.1	3.5
Q2	-4.4	3.0	4.2	2.7	0.2	-1.2	1.7	4.9	2.0	2.5	3.5	1.6
Q3	-3.0	-1.9	-2.3	1.0	-0.0	5.8	1.1	-6.4	-1.0	-0.8	2.5	-0.1
Q4	7.4	4.2	3.7	5.0	0.7	1.2	1.7	7.3	8.7	3.4	2.0	3.5
2020
Q1	10.3	-1.7	-1.2	1.6	3.2	6.8	-0.3	4.0	0.5	-0.1	-3.9	1.1
Q2	-1.6	-5.7	-5.1	-36.0	-29.4	-8.8	-0.7	-22.1	-16.3	-1.3	-35.3	-12.7
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	7.8	13.5	5.8	5.7	1.8	11.9	18.8	7.9	1.7	8.1
2021
Q1	5.6	-0.5	-3.6	-18.3	-4.0	7.9	1.9	-3.2	-5.3	-2.6	-13.8	-2.5
Q2	-1.2	3.8	5.6	18.3	5.5	-1.4	3.9	1.5	6.0	5.2	14.4	5.0
Q3	-2.5	1.7	3.2	10.8	11.3	6.7	-0.9	5.7	-0.4	3.4	20.8	4.5
Q4	7.7	3.8	2.7	4.1	5.3	3.9	4.0	11.7	10.4	-0.3	4.8	4.0
2022
Q1	3.6	0.3	-0.6	-6.0	-2.7	5.0	-4.0	-9.2	-1.2	1.3	8.9	-0.3
Q2	-2.7	3.8	4.6	6.3	5.3	-0.9	1.0	-1.2	1.5	1.3	0.5	2.3
Q3	-2.3	0.8	1.0	3.3	2.2	3.8	3.7	1.6	-0.1	1.8	-3.3	1.7
Q4	6.5	1.0	0.1	1.5	0.5	1.8	-0.8	7.6	6.0	5.1	1.4	2.8
2023
Q1	4.1	4.2	4.1	4.2	6.6	9.0	8.2	11.8	8.6	2.5	2.1	5.6
Q2	-3.3	1.2	1.2	2.3	1.6	-0.9	0.2	-2.3	-0.5	1.2	3.0	0.7
Q3	-2.6	0.9	1.0	-0.4	0.1	-0.1	2.3	-3.1	-4.2	1.5	4.1	0.1
Q4	9.5	2.1	1.5	4.9	2.7	0.1	4.5	9.7	7.1	1.7	0.4	3.0
2024
Q1	2.3	3.2	4.0	3.2	2.9	11.4	-4.4	-2.1	5.6	2.5	1.5	3.4
Q2	-3.2	0.7	0.6	3.3	1.5	-3.7	1.6	-2.3	-1.4	3.1	1.7	0.9
Q3	-2.7	1.9	1.9	1.8	-0.2	-4.1	-0.3	-2.8	-4.0	2.1	2.4	-0.2
Q4	7.9	3.6	2.3	3.4	1.8	7.8	-0.4	11.6	7.2	1.0	3.1	3.2
2025
Q1	0.1	2.4	1.7	-0.3	1.8	3.9	7.9	2.8	6.2	2.7	0.8	3.3
Q2	-2.2	-1.1	0.0	1.6	-0.0	-6.8	-1.3	-6.9	-2.2	0.3	-1.5	-1.2
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

Open in Excel: Quarterly National Accounts Q2 2025 Table 7.5 (XLS 23KB)

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Table 7.6 Breakdown of Compensation of Employees & Employment by Nationality of Enterprise Ownership

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

Table 7.8 Total number of Employees by NACE Rev. 2 A10 Sector

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
Q2	31.3	327.1	285.0	131.6	561.8	161.0	122.3	8.6	264.2	746.4	82.7	2,437.0

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
Q2	15.0	0.8	1.4	9.3	0.5	-4.9	6.5	4.9	4.3	2.3	1.8	2.1
¹Data from Labour Force Survey
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
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	26,942.1	2,140,987	14,137.1	666,730
Q2	27,170.4	2,191,192	12,950.5	700,233
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	7,563.6	18,506.0
Q2	7,791.1	18,708.2
Q3	7,864.0	18,620.1
Q4	8,192.4	19,216.7
2020
Q1	8,312.7	19,395.0
Q2	7,962.4	16,229.5
Q3	8,125.3	17,849.9
Q4	8,758.9	19,319.6
2021
Q1	8,555.7	18,813.9
Q2	8,955.1	19,778.8
Q3	8,970.8	21,062.6
Q4	9,587.1	21,647.2
2022
Q1	10,311.8	20,834.0
Q2	10,529.0	21,328.7
Q3	10,728.1	21,677.5
Q4	10,913.5	22,405.1
2023
Q1	11,651.4	23,534.5
Q2	11,775.1	23,673.2
Q3	11,735.0	23,750.8
Q4	12,045.3	24,508.9
2024
Q1	12,448.7	25,358.1
Q2	12,453.4	25,678.4
Q3	12,339.9	25,732.9
Q4	12,937.4	26,366.0
2025
Q1	13,124.2	27,475.9
Q2	12,977.7	27,126.2
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 2 2025

Compensation of Employees

Compensation of Employees

Compensation of Employees increased by 3.7% in Q2 2025

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