According to the Italian Institute of Statistics Istat, from 2005 until today the number of the country’s inhabitants who are in a state of absolute poverty has almost tripled.
In 2005 there were 1.9 million, while last year they reached 5.6 million, i.e. 9.4% of the total population. The families, from 800 thousand, reached almost 2 million.
Living in conditions of absolute poverty is three times more common among minors than the national average, while among young people aged 18 to 34, the relative rate reaches 11.1%.
In 2005, the corresponding percentage did not exceed 3.1%. The Italian Institute of Statistics underlines, at the same time, that in families made up only of foreign citizens, the poverty rate is much higher and on average reaches 25% of the total.
In the Italian South last year 12.1% of the inhabitants lived in conditions of absolute poverty.
Finally, the Istat Institute of Statistics emphasizes that the social income granted to the unemployed in 2020 has allowed one million Italian citizens not to face great financial difficulties and not to find themselves in absolute poverty.
Source: AMPE
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
