Over 12 percent of Slovaks threatened by poverty in 2017

The EU statistics evaluated the income and living conditions of member states, including Slovakia.

Poverty, illustrative stock photoPoverty, illustrative stock photo(Source: AP/TASR)

A total of 650,000 Slovaks (12.4 percent of the population) were threatened by poverty last year, the TASR wrote on May 21.

It quoted the Statistics Office chairman Alexander Ballek who presented data from the European Union Statistics on Income and Living Conditions (EU SILC 2017).

Compared to the previous year, there was a decline of 0.3 percentage points, or 20,000 people, TASR wrote.

The income poverty profile and the development of poverty risk as the main indicators are stable, Ballek noted. “Particularly stressed must be the high level of regional disparity,” he added.

Regional disparities

Inhabitants of the Bratislava region have the lowest poverty risk (4.6 percent), but in the east of Slovakia the threat is three times as high – 18.1 percent in the Prešov Region and 15.5 percent in the Košice region.

The poverty risk threshold for a single-person household is just under €360 a month, for a household with two adults and two children under 14 years it is €750 per month, general director of the Statistics Office’s demography department, Ľudmila Ivančíková, told TASR.

Three regions in western Slovakia are under the national poverty risk threshold, and the situation is stabilising in central Slovakia, but has been deteriorating in the east of the country, said Ivančíková, specifying that the poverty risk threshold is rising and the proportion of people living below it is decreasing.

Indexes changing

In terms of material deprivation and poverty, 34.6 percent of the population have a problem dealing with unexpected expenditures, said head of the department of statistics on living standards, Róbert Vlačuha.

The threshold for income poverty is now €4,310 a year, increasing by €139 year-on-year.

The position on the labour market impacts the poverty risk the most, with the unemployed at the highest risk (49.5 percent, a rise in 1.5 percentage points p.p. against the previous year).

Families with three and more dependent children (35.4 percent) and single-parent families (37.3 percent) were threatened the most, the Sme daily wrote. As for age, children under 18 are the group with the biggest poverty risk.

The indicator of income poverty in individual countries is calculated in relation to their due national poverty limits, statisticians point out.

Get daily Slovak news directly to your inbox

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Theme: Economics

Read more articles by the topic

Top stories

New semester at Slovakia's top IT school started with a strike

The series of events that led to the strike started with the firing of a former dean, strike set to continue.

Strike at FIIT STU

Former American baseball pro has found home base in Bratislava

Tom Johnson, who pitched for the Minnesota Twins, directs a non-profit that uses baseball for youth outreach in Slovakia.

Tom Johnson

Slovak economy sped up at the end of 2019

But the prediction for 2020 remains gloomy.