Home Economy ELSTAT: Nearly 2 million citizens are at risk of poverty

ELSTAT: Nearly 2 million citizens are at risk of poverty

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ELSTAT: Nearly 2 million citizens are at risk of poverty

In the amount of 5,712 euros per year, this amounts to poverty line for a one-person family in the country and up to €11,995 for a family with two adults and two dependent children under the age of 14.

It is set at 60% of the median total equivalent household disposable income, which is estimated at €9,520, and the country’s average annual household disposable income is estimated at €18,563.

Last year (2021 earnings), 18.8% of the total population were on the verge of poverty., which means a decrease of 0.8 percentage points compared to the previous year. 14.6% of households said their income increased in the last twelve months, 15% of households said it decreased, and 70.4% of households said it remained the same. 26.1% said that the main reason for the increase or decrease in income was the COVID-19 pandemic, of which 6.1% said that their income increased, and 20% said that they decreased.

From her research ELSTAT with respect to the risk of poverty and social exclusion, the following also arises:

  • Households at risk of poverty are estimated at 742,235 out of a total of 4,049,102 households, and their members at 1,945,199 out of 10,399,329 of the country’s estimated population living in private households.
  • IN five regions (Crete, Attica, South Aegean, Epirus and Thessaly) have a lower risk of poverty than the country as a whole.while in the remaining eight regions (Ionian Islands, North Aegean, Western Greece, Peloponnese, Western Macedonia, Central Greece, Central Macedonia and Eastern Macedonia and Thrace) the respective percentages are higher.
  • Risk of poverty estimated at 25.9% for those who completed preschool, primary and lower secondary educationup to 18% for those who completed the second stage of secondary education and post-secondary education, and up to 7.2% for those who completed the first and second stages of higher education.
  • The risk of poverty without taking into account all social transfers (i.e. excluding social benefits and pensions in total household disposable income) is 46.1%, and when only pensions and not social benefits are included, it drops to 23.6%. With regard to social benefits, it is indicated that they include social assistance benefits (such as minimum guaranteed income, housing allowance, heating allowance, etc.), family benefits (such as child allowances), and unemployment benefits , sickness, benefits or benefits for disability or incapacity for work or education benefits. The risk of poverty after social transfers is 18.8%, so social benefits are found to reduce the risk of poverty by 4.8 percentage points, followed by pensions by 22.5 percentage points. The amount of social payments reduces the risk of poverty by 27.3 percentage points.
  • Level of risk of poverty higher in women (19.4%) compared with men (18.2%). The risk of poverty for men and women decreased by 0.4 and 1.2 percentage points, respectively, in 2022 compared to 2021.
  • Poverty risk for people over 65 is estimated at 17.6% for women and 13.6% for men.. The risk of poverty for people over 75 is estimated at 16.8%, and for people under 75 it is 19.1%. The risk of poverty for women over 75 is estimated at 19.5%, and for men of the corresponding age group – at 13%.
  • The poverty risk of households with one adult and at least one dependent child is 37.7%, while households with three or more adults with dependent children is 21.7%, and households with two adults and 2 dependent children is 18.9%.
  • Employees 18 and older face less risk of poverty compared with the unemployed and economically inactive (housewives, etc.). The poverty risk rate for workers aged 18 and over is 10.6%, 0.7 percentage points lower than in 2021. The poverty risk rate for working women aged 18 is lower by 1.1 percentage points and higher, while the corresponding percentage for workers decreased by 0.3 percentage points, with respective percentages of 7.7% and 12.7%.
  • For the unemployedc, the risk of poverty is much higher and amounts to 43.6%, showing a significant difference between men and women (51.8% and 37% respectively). The risk of poverty for the economically inactive (not including pensioners) increased by 1.8 p.p. compared to 2021 to 29.1%.
  • The poverty risk for full-time workers is 9.9% and for part-time workers is 18.4%.
  • For households living in a private dwelling, the risk of poverty is 18.8%, and for households living in a rented dwelling, the risk of poverty is 19%. The risk of poverty for children aged 0-17 who own their own home is 23.6%, and for people of the same age whose housing is rented, the risk is 19.9%. The risk of poverty for people aged 18-64 who own their own home is 19%, and for people in the same age group who rent their own housing, the risk is estimated at 18.8%.
  • At the same time, the population at risk of poverty or social exclusion, according to the revised definition, make up 26.3% of the population. countries (2,722,000 people), showing a decrease of 2 percentage points compared to 2021 (28.3%).

It is noted that in the context of the Europe 2030 program in terms of combating poverty, the goal was set to “reduce by 15 million the number of people who are or are at risk of being at risk of poverty or social exclusion, of which 5 million children by 2030.

Based on the definition of the index above, valid until 2020, the population at risk of poverty or social exclusion is 29.1% (3,006,300 people) of the country’s population, showing a decrease of 0.4 percentage points compared to 2021. that under the Europe 2020 anti-poverty agenda, the goal was to “reduce 20 million people who are or are at risk of poverty or social exclusion” by 2020.

Reduced risk of poverty or social exclusion (indicator composed of individual measures of poverty risk, material and social deprivation, and low labor intensity) by reducing the proportion of the population with low labor intensity to 9.5% in 2022 from 12.1% in 2021and the population at risk of poverty to 18.8% in 2022 from 19.6% in 2021. The risk of poverty or social exclusion is highest for children aged 17 and under (28.1%).

Source: RES

Author: newsroom

Source: Kathimerini

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