Average annual household disposable income in Ireland exceeds 56,000 USD

Source: Xinhua| 2019-11-29 01:51:34|Editor: Mu Xuequan
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DUBLIN, Nov. 28 (Xinhua) -- The average annual household disposable income in Ireland stood at 51,458 euros (about 56,655 U.S. dollars) in 2018, up by 6.2 percent when compared with the 2017 figure of 48,476 euros, according to a survey published by the country's Central Statistics Office (CSO) on Thursday.

The CSO survey on income and living conditions for 2018 also revealed that the median annual household disposable income in the country last year was 42,865 euros, representing an increase of 8.5 percent on the 2017 figure of 39,499 euros.

CSO statistician Eva O'Regan said the survey "provides a number of key national poverty indicators, such as the at risk of poverty rate, rate of enforced deprivation and the consistent poverty rate."

The survey found that the at-risk-of-poverty rate in the country was 14 percent in 2018, down 1.7 percentage points from the 2017 rate of 15.7 percent.

The at-risk-of-poverty rate is the share of persons whose income is less than 60 percent of the national median income.

The survey also found that in 2018 nearly 18 percent of the Irish households were unable to afford to replace worn-out furniture while close to 12 percent of the households in the country were unable to afford to have family or friends for a drink or a meal once a month. (1 euro = 1.101 U.S. dollars)