Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

EC: High share of people at risk of poverty and significant income inequalities in Bulgaria

Photo: BGNES-archive

Despite a certain decline, the proportion of the population at risk of poverty or social exclusion remains high in Bulgaria, and income inequalities are significant, reads a working document of the European Commission on the social convergence of EU Member States, quoted by BTA. In 2023, the share of Bulgarians at risk of poverty was 30%, compared to 32.2% in 2022, while 21.6% of the EU population was at risk of poverty or social exclusion.

In 2023, the income of the richest 20% of the Bulgarian population was 6.6 times higher than that of the poorest 20%, whereas in 2022 the richest 20% of the population earned 7.3 times more than the poorest 20%. In the EU, the richest 20% earned 4.7 times more than the poorest 20%.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria's Parliament refuses to include laughing gas in the list of controlled substances

Bulgaria’s National Assembly rejected the draft decision to mandate the Council of Ministers to include nitrous oxide (laughing gas) in the lists of controlled substances under the Narcotic Drugs and Precursors Control Act.  The proposal was put..

published on 8/14/24 6:07 PM

Bulgaria exports cheese and curd mainly to Greece, UK and the USA

In the period January-April 2024 Bulgaria’s main export of cheese and curd was to Greece (882 tons, or a drop of 48.6% compared to the same period of 2023), the United Kingdom (871 t, or an increase of 22.1%) and the USA (844 t,..

published on 8/14/24 4:23 PM

Caretaker prime minister hopes that Bulgaria will be in the eurozone in 2025

We have preserved the main priorities of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the beginning of today's government’s meeting. "It is increasingly likely that this will be our last regular meeting. We continue..

published on 8/14/24 1:31 PM