Irish Household Disposable Income and Household Consumption Expenditure

Irish Household Disposable Income and Household Consumption Expenditure have both risen sharply, and largely in parallel, since 2021. This pattern, briefly interrupted by the pandemic, has been in place since 2014 following a post-financial crisis stagnation.

The Savings Ratio has hovered between 10% and 16% since 2008, excluding a pandemic spike to 33%. Despite outside influences of inflation, war, and global uncertainty, Irish households have consistently set aside savings, building up a €167 billion buffer.

While headlines often focus on short-term shifts, the long-term picture is one of steady, disciplined consumer behaviour, a resilience that matters far more than month-to-month fluctuations.

Source: CSO (Central Statistics Office Ireland) Central Bank of Ireland