Top earners see 8% increase in disposable income: CSO

While most people have seen their disposables income plunge in recent years, new figures show that the top 10 per cent of earners have actually seen an increase.

By Jennifer Wade Wednesday 28 Mar 2012, 3:50 PM

Mar 28th 2012, 3:50 PM 5,747 Views 45 Comments

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Image: Barry Batchelor/PA Archive/Press Association Images

Image: Barry Batchelor/PA Archive/Press Association Images

WHILE ALMOST EVERYONE in Ireland has seen disposable incomes shrink considerably in recent years, those who fall into the top 10 per cent of earners have experienced an increase of 8 per cent.

In a recent report on living standards in Ireland, the Central Statistics Office reports that in 2010 those on the “lowest income decile experienced a decrease in equivalised disposable income of more than 26 per cent while those in the highest income decile experienced an increase in income of more than 8 per cent”.

The report states:

While it is acknowledged that the decile income limits and composition of each decile change from year to year, an examination of equivalised disposable income by decile between 2009 and 2010 was carried out. Results showed an uneven distribution of the percentage change in equivalised disposable income across the deciles.

Those in the lowest income decile experienced a decrease in equivalised disposable income of more than 26 per cent while those in the highest income decile experienced an increase in income of more than8 per cent.

Disposable income falls and risk of poverty rises: CSO>

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Top earners see 8% increase in disposable income: CSO

While most people have seen their disposables income plunge in recent years, new figures show that the top 10 per cent of earners have actually seen an increase.