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The at-risk-of-poverty rate in Serbia decreased last year

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The at-risk-of-poverty rate in Serbia last year was 21.7 percent, and compared to 2019, it was 1.5 percent lower, the Republic Bureau of Statistics (SORS) announced on the occasion of the World Poverty Day, which is being marked today.
It is added that the rate of risk of poverty or social exclusion was 29.8 percent, and compared to 2019, it was lower by 1.9 percent.
It is explained that the at-risk-of-poverty rate represents the percentage of people whose disposable equivalent income is lower than the at-risk-of-poverty threshold, which in 2020 averaged 190 euros per month for a one-member household.
The SBS states that the at-risk-of-poverty rate does not show how many people are actually poor, but the percentage of citizens who have an equivalent disposable income below the at-risk-of-poverty threshold.
The at-risk-of-poverty threshold for a household with two adults and one child under the age of 14 was 340 euros, while for a four-member household with two adults and two children under the age of 14 it was 380 euros.
When it comes to the rate of risk of poverty or social exclusion, it is explained that it shows the percentage of people who are at risk of poverty or are extremely materially deprived.
According to age, young people under the age of 18 were most exposed to the risk of poverty – 24.2 percent, as well as young people between the ages of 18 and 24 – 23.6 percent.
The lowest at-risk-of-poverty rate was in the population between the ages of 25 and 54 – 19.6 percent.
According to the type of household, according to the SBS, the highest at-risk-of-poverty rate was in household members consisting of two adults with three or more dependent children – 37.2 percent, followed by people living alone and under 65 – 37.1 percent.
Households of three or more adults had the lowest at-risk-of-poverty rate, 15.1 percent.
Depending on the employment status, the unemployed were the most at risk of poverty among adults – 46.7 percent, while the lowest risk rate among employees was with the employer – 6.2 percent, with the self-employed 18.8 percent, and with pensioners 19.4 percent, RTV reports.

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