Income increased in 2018

The Survey on Income and Living Conditions (SILC) in Ireland is a household survey covering a broad range of issues in relation to income and living conditions.  It is the official source of data on household and individual income and provides a number of key national poverty indicators, such as the at risk of poverty rate, the consistent poverty rate and rates of enforced deprivation.  This report presents the results for 2018 and comparable data for previous years.

• In 2018, the nominal median annual equivalised disposable income was €22,872 representing an increase of 9.6% on the nominal 2017 value of €20,869. The real* median annual equivalised disposable income was €22,508, an increase of 9.2% on the previous year’s figure.  These changes are statistically significant.
• The Gini coefficient in 2018 was 29.7% compared with 31.5% in 2017. This change is not statistically significant.
• The quintile share ratio was 4.4 in 2018 compared with 4.8 in 2017. This change is not statistically significant.
• In 2018, the at risk of poverty  rate was 14.0% compared with 15.7% in 2017.  The change is not statistically significant.
• Enforced deprivation was experienced by 15.1% of the population, down from 18.8% in 2017. This change is statistically significant. The deprivation rate for those at risk of poverty was 40.3% in 2018, down from 42.8% in 2017.
• The consistent poverty rate was 5.6%, this is not a statistically significant change on the 2017 figure of 6.7%.

*Real Income figures are based on 2012 prices.