Cyprus had 2nd highest increase in ‘at risk of poverty population share’ in EU, between 2008 and 2015

Greece and Cyprus had the highest increase in the at-risk-of-poverty or social exclusion rate, between 2008 and 2015, according to Eurostat, the statistical office of the EU.

In Cyprus, 23.3% of the population was at risk of poverty and social exclusion in 2008, or 180.000 individuals, and that share moved to 28.9%, or 240.000 individuals, in 2015.

Cyprus had the second largest increase and was among the 15 member states where that rate has grown from 2008 to 2015. The highest increases have been recorded in Greece (from 28.1% in 2008 to 35.7% in 2015, or +7.6 percentage points), Cyprus (+5.6 pp), Spain (+4.8 pp), Italy (+3.2 pp) and Luxembourg (+3.0 pp). In contrast, the largest decreases among Member States for which data are available were observed in Poland (from 30.5% to 23.4%, or -7.1 pp) and Romania (-6.9 pp), followed by Bulgaria (-3.5 pp) and Latvia

Source: Cyprus News Agency.