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Population at risk of poverty or social exclusion drops by 2,000 people in 2021

The number of people in Cyprus at risk of poverty or social exclusion fell in 2021 by 2,000 to 154,000, compared to 156,000 in 2020, according to the Cyprus Statistical Service, which published an infographic on “Poverty or Social Exclusion, 2021” on the occasion of the International Day for the Eradication of Poverty, celebrated every year on 17 October around the world.

 

In Cyprus, according to the Service, the percentage of the population at risk of poverty or social exclusion, i.e. living in households with disposable income below the poverty line (€10,011 per person equivalent) or living in households with severe material and social deprivation or living in households with a very low labour intensity index, reached 17.3% in 2021, compared to 17.6% in 2020.

 

The monetary poverty line for households with two adults and two dependent children was €21,024.

 

According to the data, 15.8% of the population at risk of poverty or social exclusion were men and 18.7% were women.

 

By age group, 19.2% of the population was in the 0 – 17 age group, 16.1% were 18 – 64 and 20% were 65 and over.

 

By main activity for ages 18 and over, the data showed that 8.4% were employed, 51.6% were unemployed and 20.5% were retired.

 

Moreover, the average equivalent disposable income per person was €19,649 in 2021, an increase of 1.1% compared to 2020.

 

Source: Cyprus News Agency