Poverty and social exclusion risk in Cyprus down by 4,000 persons in 2022

07:54 - 18 October 2023

Economy Reporter

In 2022, the percentage of the population at risk of poverty or social exclusion in Cyprus decreased to 16.7%, down from 17.3% in 2021.

This reduction translates to approximately 4,000 fewer persons facing the risk of poverty or social exclusion.

CySTAT released a relevant infographic, on the occasion of the International Day for the Eradication of Poverty, which is marked every year worldwide on 17 October.

Specifically, in Cyprus, the percentage of the population that was at risk of poverty or social exclusion, meaning the population living in households whose disposable income was below the at-risk-of-poverty threshold or was severely materially and socially deprived or was living in households with very low work intensity, reached 16.7% in 2022 compared to 17.3% in 2021.

The decrease corresponds to approximately 4,000 fewer persons at risk of poverty or social exclusion in 2022 (150,000), compared to 2021 (154,000).

(Source: CNA)

Poverty and social exclusion risk in Cyprus down by 4,000 persons in 2022

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