- Category: Economy
- Published on Friday, 16 October 2020 08:00
October 15, 2020
The at risk of poverty rate stood at 23.2 percent in Serbia in 2019 and was 1.1 percent lowered compared to 2018 and the risk of social exclusion was 31.7 percent or 2.6 percent lower than in 2018, the Republic Statistics Office (RZS) said on Thursday.
The at risk of poverty rate is the percentage of people whose available income is below the at risk of poverty level. In Serbia that meant an income of 19,381 Dinars (1 Euro – 118 Dinars) a month in 2019 for a household of one.
The threshold for a family of two adults and one child up to the age of 14 was 34,886 Dinars and for a family of four with two children up to the age of 14 was 40,700 Dinars.
The at risk of social exclusion rate is the percentage of people at risk of poverty or with extremely bad material situations or living households with low labor intensity. Viewed by age, young people under the age of 18 were most at risk of poverty (28.9 percent) as were people aged 18 to 24 (25.6 percent) while the lowest rate was among people over the age of 65 (21.1 percent).
Viewed by household, the group most at risk (51.9 percent) were families with two adults and three or more children and single-parent families with one or more children (41.6 percent).
The most at risk were the unemployed (47.5 percent) and the lowest risk was among people employed by others (6.5 percent). Among the self-employed the rate stood at 25.9 percent and among pensioners at 17.2 percent.