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Economy

Poverty Risk Rate Lower in Greece in 2019, Statistics Report Says

ATHENS — A total of 698,454 Greek households faced the risk of poverty in 2019 (out of a total of 4,123,242 households) with a total family members of 1,881,600 (out of a total of 10,534,857 of the country’s population), Hellenic Statistical Authority said in report on Friday.

The statistics service, in a report, said the average available personal income facing the risk of poverty was 9,382 euros, up 3.9 pct from 2018 and noted that the highest annual income for the part of the population with the lowest incomes was 5,700 euros, while the lowest annual personal income for the part of the population with the highest incomes was 11,625 euros.

The report noted that a 30 pct of the country’s population faced the risk of poverty of social exclusion in 2019, down from 31.8 pct in 2018), wiith 31.4 pct of them Greek citizens and 53.7 pct foreigners living in Greece. The poverty level for single-person households was 4,917 euros annually and for households with two adults and two children (aged below 14 years old) was 10,326 euros, or 60 pct of the median total average available income of households in the country which was estimated at 8,195 euros, while the average annual available income of houeholds was 16,147 euros.

Five regions (Attica, Ionian Islands, Crete, Southern Aegean and Epirus) recorded lower poverty risk percentages compared with the country’s average rate, while the remaining eight regions recorded higher poverty risk rates.

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