Rate of People at Risk of Poverty Under EU Average

Analysis

The rate of people in Hungary at risk of poverty or social exclusion stood at 18.4% last year, under the 21.6% average for the European Union as a whole, according to data released by EU statistical agency Eurostat.

In a regional comparison, the rate of people at risk of poverty or social exclusion stood at 11.8% in the Czech Republic, 15.9% in Poland, and 16.5% in Slovakia.

The highest rate in the EU, 34.4%, was in neighboring Romania. Eurostat defines people as "at risk of poverty" if their equivalised disposable income, after social transfers, is under 60% of the national median.

The broader definition of people "at risk of poverty or social inclusion" includes people living with "severe material and social depravation" or in a household whose working-age members are employed 20% or less of their work-time potential.

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