greece poverty rate


  • How much of Greece is in poverty?

    In 2020, the EAPN reported that 17.7% of the population received wages below the poverty line, coined “income poverty” and rose to 19.6% in 2021. The Poverty Watch report listed three indicators of poverty: income deprivation/poverty, access to seven of 13 basic goods and the labor intensity of a household.
  • Is Greece a rich or poor country?

    Greece is therefore currently ranked 51 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Greece ranks 54th in the list of the richest countries. Inflation in Greece in 2021 was around 1.22%. Within the EU, the average in the same year was 2.55 percent.
  • What is the poverty rate in Greece 2017?

    Increased taxes and pension cuts leave citizens with less disposable income, and in Greece's case, nearly no disposable income. Being a largely service-oriented economy, consumer spending is the most important economic driver. As spending falls, businesses tighten the belt and hire fewer or lay off workers.
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