15.10.2021

ROMANIANS ARE POORER THAN US

Romanians are more at risk of poverty and social exclusion than Bulgarians, according to the latest Eurostat data.

In 2020, there were 96.5 million people at risk of poverty or social exclusion in the EU, representing 21.9% of the population. Of these, 75.3 million people are at risk of poverty, 27.6 million were severely materially and socially deprived, and 27.1 million live in low- labor intensity households.

About 5.9 million (1.3% of the total population) live in households experiencing all three risks at the same time (risk of poverty, severe material and social deprivation and living in households with very low employment).

More than a quarter of the population was at risk of poverty or social exclusion in four Member States - Romania (35.8%), Bulgaria (33.6%), Greece (27.5%) and Spain (27.0%).

However, the pandemic increased, albeit with a small share, of poor Bulgarians, as in 2019 they were 33.2 percent. However, over the years the percentage of people at risk of poverty in our country is decreasing. For comparison, in 2015 such were 43.4 percent of Bulgarians.

The lowest proportions of people at risk of poverty or social exclusion are registered in the Czech Republic (11.5%), Slovakia (13.8%), Slovenia (14.3%), the Netherlands (15.8%) and Finland (15.9%).