Almost one in every three citizens (28.3%) faced a risk of poverty or social exclusion in 2021, a decrease of 0.6 percentage points compared to the previous year. As a result, the number of citizens facing proverty is 2.971 million, down from 3.044 million in 2020.
According to the Hellenic Statistical Authority (ELSTAT) data for the decade 2010-2021, there has been a steady decline from 2014 onwards.
Regarding poverty risk, it concerns the percentage of people, living in households, whose total equivalised disposable income is below the poverty threshold, i.e. 60% of the national median (the income at the middle of the distribution) equivalised disposable income.
The risk of poverty or social exclusion is highest for children aged 17 and under (32.4%).
The share of the population aged 18-64, living in low labour-intensive households, is estimated at 13.6% of the total population in this age group, a decrease of 0.5 percentage points compared to 2020. The share for men is 12.5% and for women 14.6%.
The poverty threshold rises to €5,251 per year per single person household from €5,269 in 2020.
Regarding the poverty gap, the rate reaches 26.4% in 2021 from 27.3% in 2020
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.
Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)
Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign
Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00
Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.
Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today
![Τουρκία: Μεγάλες βλέψεις για παραγωγή ηλεκτρικών οχημάτων [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/03/ot_turkish_autos-90x90.png)
![ΕΛΣΤΑΤ: Αυξήθηκε η οικοδομική δραστηριότητα κατά 15,6% το Δεκέμβριο [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/03/DSC9655-2-1024x569-1-90x90.jpg)
