Louth saw its disposable income per person rise from below the state average in 2023 to marginally above the state average in 2024
The average disposable income per person in Louth, or the amount of money left to spend after receiving social benefits and paying tax and social charges, rose from €23,454.34 in 2022, to €30,541.95 in 2024, according to the latest figures released by the Central Statistics Office (CSO) today.
According to the CSO, Louth was one of three counties, Kildare and Wicklow being the other two, who saw their disposable income per person rise from below the state average in 2023 to marginally above the state average in 2024.
The figures for 2024 show that the disposable income per person in Louth, excluding rent, rose to €28516.28 in 2024, up from €24,919 in 2023.
The total income of the self-employed in Louth also rose in 2024, to €347.32 million, having fallen in 2023 to €315.02 million from €329.58 million in 2022.
Looking at the overall number of people at work in Louth over the three years, 62.95 thousand people were at work in 2024, up from 62.63 thousand in 2023, but down from 63.97 thousand in 2022.
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In terms of social benefits and other current transfers per person, the CSO reported a figure of €9,288.05 per person in 2024, up from €8,511.42 in 2023, and €7,832.80 in 2022.
Overall, the total income rose to €44,219 per person in Louth in 2024, up from €40,033.79 in 2023, and €36,129.18 in 2022.
Looking at the figures across the country, disposable income in Dublin City and County remained the largest nationally in 2024, accounting for €52 billion of the State total, which was up 9.9% from 2023.
Dublin’s disposable income per person of €33,889 in 2024 was 12% higher than the national average of €30,139. Longford recorded the lowest disposable income per person nationally in 2024 at €23,725.
Dublin recorded the highest Gross Domestic Product (GDP) per person in the State at €182,305, followed by the South-West region (Cork and Kerry) at €162,983, and Kildare at €81,859.
Over a third (35%) of all employed people worked in Dublin in 2024, while 12% worked in Cork and 6% in Galway.
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