Every Third Bulgarian Lives with Less than BGN 350 a Month

Society | October 16, 2019, Wednesday // 19:03| Views: | Comments: 0
Bulgaria: Every Third Bulgarian Lives with Less than BGN 350 a Month www.pixabay.com

Every third Bulgarian lives at risk of poverty or social exclusion, Eurostat data for poverty level in the Member States in 2018 showed. About 2.3 million people in the country live below the poverty line, which in Bulgaria is officially BGN 350 per month.

In 2018, more than a quarter of the population was at risk of poverty or social exclusion in seven Member States: Bulgaria (32.8%) 

At the opposite end of the scale, the lowest shares of persons being at risk of poverty or social exclusion were recorded in Czechia (12.2%), Slovenia (16.2%), Slovakia (16.3%, 2017 data), Finland (16.5%), the Netherlands (16.7%), Denmark and France (both 17.4%) and Austria (17.5%)

The largest decrease was observed in Bulgaria (from 44.8% to 32.8%, or -12.0 pp), Romania (-11.7 pp) and Poland (-11.6 pp), followed by Hungary (-8.6 pp) and Latvia (-5.8 pp).

Across the EU Member States, more than 1 in 5 persons were at risk of income poverty in Romania (23.5%), Latvia (23.3%), Lithuania (22.9%), Bulgaria (22.0%), Estonia (21.9%), Spain (21.5%) and Italy (20.3%). In contrast, the lowest rates were observed in Czechia (9.6%), Finland (12.0%), Slovakia (12.4%, 2017 data), Denmark (12.7%), Hungary (12.8%), the Netherlands and Slovenia (both 13.3%) and France (13.4%). Compared with 2008, the proportion of persons at risk of income poverty has increased in sixteen Member States, for which data are available, and decreased in eight.

The average percentage for the EU is 21.

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Tags: poverty, eurostat, Bulgarian, EU
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