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Bucharest
October 24, 2021
BUSINESS

Romania – second place in EU concerning poverty risk

Over 6.6 million Romanians are severely materially deprived, from nine million people who are living in households with very low work intensity or situated at the risk of poverty, according to gandul.info. In 2010, 115 million people, or 23.4 per cent of the population, in the European Union (EU) were at risk of poverty or social exclusion, Eurostat informs. Two years ago, the highest shares of persons being at risk of poverty or social exclusion were recorded in Bulgaria (42 per cent), Romania (41 per cent, representing 8.89 million people, from 21.47 million Romanians), Latvia (38 per cent), Lithuania (33 per cent) and Hungary (30 per cent), and the lowest in the Czech Republic (14 per cent), Sweden and the Netherlands (both 15 per cent), Austria, Finland and Luxembourg (all 17 per cent). Looking at each of the three elements defining at risk of poverty or social exclusion, 16 per cent of the population in the EU, in 2010, were at-risk-of-poverty after social transfers, meaning that their disposable income was below their national at-risk-of-poverty threshold. The highest at-risk-of-poverty rates were observed in Latvia, Romania, Bulgaria and Spain (all 21 per cent), and the lowest in the Czech Republic (9 per cent), the Netherlands (10 per cent), Slovakia, Austria and Hungary (all 12 per cent).

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