EU Poverty Rate Drops Slightly to 21.4% in 2023, Disparities Persist
In 2023, 21.4% of the EU's population was at risk of poverty or social exclusion, marking a slight decrease from the previous year. This figure translates to 94.6 million people. The Czech Republic, Denmark, Ireland, and Finland had the lowest shares, while Romania, Bulgaria, Spain, and Greece faced the highest shares.
Looking at individual countries, Latvia saw a slight improvement from 2022, with 25.6% of its population at risk. Lithuania and Estonia performed slightly better, with shares of 24.3% and 24.2% respectively.
In contrast, the Czech Republic had the lowest share at 9.8%, followed by Denmark at 11.8%, Ireland at 12.0%, and Finland at 12.2%. On the other end of the spectrum, Romania had the highest share at 32%, closely followed by Bulgaria at 30%, Spain at 27%, and Greece at 26%.
The EU's efforts to reduce poverty and social exclusion have shown progress, with a slight decrease in the number of people affected. However, significant disparities remain among member states, highlighting the need for continued targeted policies.
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