The income reference period of SILC in year T is the calendar year T-1, i.e. for SILC 2023 the income relates to Jan-Dec 2022.
Equivalised income allows for a more meaningful comparison of income across households by accounting for the number of adults and children living in the household, thus allowing for analysis at an individualised level. However, when analysing by individual characteristics, it should be borne in mind that equivalised income is influenced by the income of all household members. See At Risk of Poverty Indicators Explained (PDF 1,094KB) .
The median equivalised disposable income in SILC 2023 was €27,597, representing an increase of €746 (2.8%) from the previous year. The corresponding at risk of poverty threshold (i.e. 60% of the median) stood at €16,588 in SILC 2023, compared with €16,111 in SILC 2022.
Using a base income year of 2019 to adjust for inflation, the real median equivalised disposable income in SILC 2023 was €25,101, a decrease of 4.6% from €26,324 on the previous year. The real at risk of poverty threshold was €15,061 in SILC 2023, down from €15,794 in the previous year. See figure 3.1 and tables 3.1a & 3.1c.
X-axis label | Real Median | Nominal Median | Real Mean | Nominal Mean |
---|---|---|---|---|
2021 | 25793 | 25707 | 29216 | 29118 |
2022 | 26324 | 26851 | 29829 | 30427 |
2023 | 25101 | 27597 | 29049 | 31937 |
Analysis by Principal Economic Status (PES) shows that persons that were unemployed had the lowest equivalised disposable income (€18,902) followed by persons unable to work due to long-standing health problems (€20,213). The comparable figure for employed persons was €31,997. See figure 3.2 and table 3.1a.
X-axis label | 2021 | 2022 | 2023 |
---|---|---|---|
Employed | 30379 | 30989 | 31977 |
Unemployed | 19596 | 17702 | 18902 |
Retired | 23690 | 23824 | 26100 |
Unable to work due to long-standing health problems | 17374 | 19411 | 20213 |
Student, pupil | 22875 | 25411 | 25567 |
Fulfilling domestic tasks | 20329 | 20461 | 22461 |
After adjusting for inflation, the only real gains in equivalised income were experienced by retired persons and those fulfilling domestic tasks. For all others, by PES, the gains in nominal income were not sufficient to counteract the effects of inflation.
The largest year-on-year change in nominal equivalised disposable income was seen in persons fulfilling domestic tasks, which increased by 9.8% to €22,461 when compared with SILC 2022. When account is taken for inflation, real equivalised disposable income increased by 1.8% in the year for these individuals.
Persons describing themselves as employed saw their nominal equivalised disposable income increase by 3.2% in SILC 2023 but fell 4.3% after adjusting for inflation. See figure 3.3 and tables 3.1a & 3.1c.
Principal Economic Status is self-defined at the time of interview (first six months of 2023), whereas the income reference period is the 2022 calendar year, thus the two may not always perfectly align.
X-axis label | Nominal Median- % change 2022 to 2023 | Real Median- % change 2022 to 2023 |
---|---|---|
Employed | 3.2 | -4.3 |
Unemployed | 6.8 | -0.9 |
Retired | 9.6 | 1.6 |
Unable to work due to long-standing health problems | 4.1 | -3.4 |
Student, pupil | 0.6 | -6.7 |
Fulfilling domestic tasks | 9.8 | 1.8 |
Nominal equivalised disposable income follows a general upward trajectory as the level of education increases. Individuals with the highest level of educational attainment (of third level degree or higher) had the highest median equivalised disposable income of the categories analysed in SILC 2023, at €36,481. This compares with €22,000 for those with primary level education or lower.
Those persons with the highest level of educational attainment of primary level education or lower saw the largest increase in their nominal median equivalised disposable income, increasing 17.3% in SILC 2023. This compares with an increase of 0.8% for those with higher secondary education. See figure 3.4 and table 3.1a.
When adjusted for inflation real equivalised disposable income increased in SILC 2023 for those persons with a highest level of educational attainment of primary level education or lower (+8.8%) and those with third level non-degrees (+2.5%). Real equivalised disposable income fell for all other highest level of educational attainment groups in 2023. See table 3.1c.
2023 | 2022 | 2021 | |
Third level degree or above | 36481 | 34460 | 33360 |
Third level non degree | 29773 | 26961 | 28008 |
Post leaving cert | 26735 | 25200 | 24372 |
Higher secondary | 26770 | 26552 | 24929 |
Lower secondary | 23193 | 22737 | 21226 |
Primary or below | 22000 | 18760 | 18500 |
Ranking persons from lowest nominal equivalised disposable income to highest and dividing by five allows us to split the population into quintiles.
More than one in two unemployed people (52.5%) and two in five of those unable to work due to long-standing health problems (42.3%) are in the first equivalised disposable income quintile (i.e. the lowest 20% of the net disposable equivalised income distribution). This compares with one in ten (10.8%) of those that are employed.
Individuals who are unable to work due to long-standing health problems are least likely to be in the top equivalised disposable income quintile (i.e. the highest 20% of the net disposable equivalised income distribution), with 4.8% of these individuals in this quintile in SILC 2023. Over one quarter (27.5%) of individuals in employment are in the top equivalised disposable income quintile. See figure 3.4 and table 3.2.
Share of income (%) | Quintile 5 | Quintile 4 | Quintile 3 | Quintile 2 | Quintile 1 |
---|---|---|---|---|---|
Employed | 27.5 | 24.9 | 21.2 | 15.6 | 10.8 |
Retired | 18.3 | 18.1 | 18.7 | 20.4 | 24.5 |
Student, pupil | 12.9 | 16.9 | 21.6 | 25.1 | 23.4 |
Fulfilling domestic tasks | 9.6 | 7.9 | 20 | 29.8 | 32.6 |
Unable to work due to long-standing health problems | 4.8 | 10.9 | 10.2 | 31.9 | 42.3 |
Unemployed | 8 | 5.9 | 7.9 | 25.7 | 52.5 |
If income from social transfers was deducted from disposable income, the median equivalised disposable income for all people in the State would have decreased from €27,597 to €23,156. See table 3.3a.
In SILC 2023, the nominal mean weekly equivalised gross income was €887, an increase of 5.5% on the previous year. After deductions of €274, the nominal mean weekly equivalised disposable income was €612. On average, equivalised market income amounted to €774 each week (87.3% of gross income), compared with €113 in social transfers (12.7% of gross income). See table 3.4a.
As was seen in the previous chapter for household income, the share of mean equivalised gross income coming from market income increases with each increasing income decile. Market income accounts for an average of 47.1% of gross mean equivalised gross income for individuals in the first decile, 82.7% of income for those in the fifth decile and 97.9% of gross mean equivalised gross income for those in the tenth decile.
Social transfers represented a decreasing proportion of mean equivalised gross income with each increasing income decile. For individuals in the first equivalised gross income decile, social transfers accounted for an average 52.9% of their income. This fell to 17.3% of equivalised gross income for those in the fifth decile and 2.1% for those on the tenth decile.
Total deductions, such as tax and social contributions, accounted for 9.1% of the equivalised gross income decile for individuals in the first decile, 23.2% of gross income for those in the fifth decile and 41.9% of gross income for those in the tenth decile. See figure 3.6 and table 3.5.
X-axis label | Total social transfers | Total market income | Total deducations | Net disposable income |
---|---|---|---|---|
1st decile | 146 | 129 | -25 | 250 |
2nd decile | 189 | 189 | -38 | 340 |
3rd decile | 168 | 290 | -67 | 391 |
4th decile | 141 | 426 | -119 | 447 |
5th decile | 113 | 538 | -151 | 500 |
6th decile | 100 | 656 | -195 | 561 |
7th decile | 83 | 824 | -268 | 639 |
8th decile | 80 | 994 | -349 | 725 |
9th decile | 53 | 1308 | -511 | 850 |
10th decile | 52 | 2385 | -1021 | 1416 |
State | 113 | 774 | -274 | 612 |
Learn about our data and confidentiality safeguards, and the steps we take to produce statistics that can be trusted by all.