BUSINESS

More than 1 in 3 at risk of poverty or social exclusion

TAGS: Economy

Nearly 4 million citizens, or more than one in every three, were deemed to be living in poverty or suffering from social exclusion in 2013, with the poverty line set at 4,068 euros per person per year, according to the Hellenic Statistical Authority (ELSTAT).

The data released on Wednesday showed that the share of the population living in poverty reached 22.1 percent, compared with 23.1 percent in 2012 and 19.7 percent in 2008. The share of the people at risk of poverty or social exclusion came to 36 percent in 2013, against 35.7 percent in 2012 and 27.6 percent in 2008.

The average annual income per person amounted to 8,879 euros in 2013, and the average disposable income of households in Greece reached 17,270 euros.

In total, the number of households at risk of poverty stood at 888,452, out of a total of 4,266,745, or 2,384,035 people out of a total population of 10,785,312 two years ago.

The ELSTAT survey also showed that the wealthiest 20 percent of the population had an annual income 6.5 times higher than the poorest 20 percent in 2013, compared to 6.6 times higher in 2012.

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