Poverty is defined as a lack of financial means necessary to meet basic life needs and it is one of the greatest challenges society faces. Regular monitoring of the basic statistical poverty indicators can give insight into a deeper understanding of the causes and consequences of this multidimensional problem as well as provide a basis for developing effective policies that can diminish this phenomenon and improve the quality of life of the most vulnerable social groups.

An at-risk-of-poverty rate is a basic poverty indicator. It does not present the actual number of persons in poverty, but rather how many of them have an income below the at-risk-of-poverty threshold. In 2023, it reached 19.3%, which was 1.3 percentage points more than in 2022.

The at-risk-of-poverty rate by the most frequent activity status is calculated for persons aged 18 years and over according to the status in which a person stayed for at least seven months in a reference period. As expected, self-employed and employees had a lower at-risk-of-poverty rate compared to the unemployed, retired and other inactive persons.

In 2023, the at-risk-of-poverty threshold amounted to 5 924 euro per year for a one-person household, which means it increased by 668 euro compared to 2022, while for a household consisting of two adults and two children it was 12 440 euro, which was annually 1 403 euro above the 2022 threshold.

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