Analytics, EU – Baltic States, Financial Services, Society
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Friday, 29.03.2024, 01:04
30.1% Lithuania's population at poverty line in 2016, the highest in Baltics
A higher percentage was only reported in Bulgaria (40.4%), Romania (38.8%)
and Greece (35.6%).
In Latvia, the share of the population at the poverty line was 28.5%, as
compared with 24.4% in Estonia and the EU average of 23.4%.
Those
at risk of poverty after social transfers made up 21.7% of the Estonian
population in 2016, compared with 19.5% in 2008. Residents severely materially
deprived made up 4.7% of the population and those living in households with
very low work intensity, or households where the adults worked less than 20% of
their total work potential during the past year, 5.8%.
The
national at-risk-of-poverty threshold in Estonia is an annual disposable income
of 5,187 euros for a person living alone and 10,892 euros for a household of
two adults with two children under 14 years of age.
In
2016, 117.5 million people, or 23.4% of the population of the European Union
were at risk of poverty or social exclusion. This means that they were in at
least one of the following three conditions: at-risk-of-poverty after social
transfers, severely materially deprived or living in households with very low
work intensity. After three consecutive increases between 2009 and 2012 to
reach almost 25%, the proportion of persons at risk of poverty or social
exclusion in the EU has since continuously decreased to 23.4% last year, only
0.1%age points above its 2009 low-point.
In
2016, more than a third of the population was at risk of poverty or social
exclusion in three member states: Bulgaria, 40.4%, Romania, 38.8%, and Greece,
35.6%. At the opposite end of the scale, the lowest shares of persons being at
risk of poverty or social exclusion were recorded in the Czech Republic, 13.3%,
Finland, 16.6%, Denmark,16.7%, and the Netherlands, 16.8%.
According to the methods of the research, people whose income is under 60%
of the national average are listed as risking poverty.