80 percent of the Irish population continues to carry cash, with 19 percent of those regularly holding more than €100, reinforcing its ‘important role in Ireland’s society and economy’.
The statistics come from a survey of 1,000 Irish adults from across the nation carried out by IReach on behalf of insurance company Royal London Ireland. The results also showed that women are more likely to carry cash than men (84 percent versus 76 percent), but men tend to hold higher amounts.
Ulster and Connacht were identified as higher cash users, with 90 percent of respondents in those areas saying they carry cash. Leinster residents were the least likely to have banknotes and coins to hand, at 72 percent, with 75 percent of Dublin residents inclined to have cash at the ready.