News Local One in five pensioners at risk of poverty (tables)

One in five pensioners at risk of poverty (tables)

One in five pensioners in Cyprus is at risk of poverty, according to 2017 figures published by Eurostat on Tuesday.

It said that in 2017 the proportion of pensioners at risk of poverty in the European Union was estimated to be 14.2 %, slightly above the figure of 13.8 % in 2016. The rate has been rising gradually since 2013, when it was 12.6 %, Eurostat said.

In Cyprus the figure was 21.6%, up from 19.8% in 2016. It was 16.5% in 2015 and 21.3% in 2014.

In most of the 27 EU Member States for which 2017 data are available, the proportion of pensioners at risk of poverty lies between 10 % and 25 %. The four countries with an at-risk-of-poverty rate above 30 % in 2017 were Estonia (46 %), Latvia (44 %), Lithuania (37 %) and Bulgaria (32 %).

In contrast, the lowest rates in 2017 were in France (7 %), Slovakia (8 %), Denmark, Hungary and Luxembourg (all 9 %).

Across the EU as a whole between 2010 and 2017, the proportion of female pensioners at risk of poverty has been around 2-3 percentage points (pp) higher than the rate for male pensioners.

In 2017 there were four Member States where the at-risk-of-poverty rate for female pensioners was more than 10 pp higher than the rate for male pensioners: Estonia (+19 pp), Lithuania (+16 pp), Bulgaria and Latvia (both +15 pp).

Conversely, four countries had at-risk-of-poverty rates which were higher for male pensioners than for female pensioners: Malta (+5 pp), Spain (+2 pp), Italy and Denmark (both +1 pp).

Individuals are identified as being at risk of poverty if their equivalised disposable income is less than 60% of the national median equivalised disposable income after social transfers have been taken into account.

The figures relate to all persons aged 18 years or over living in private households who are pensioners (i.e. retired persons or people receiving a disability pension).

In the general population, the proportion of individuals identified as being at risk of poverty in the EU in 2017 was 17.0 %.

Top Stories

Hydroxychloroquine combination risky for cancer patients with COVID-19 -study

  Cancer patients with COVID-19 who were treated with a drug combination promoted by U.S. President Donald Trump to counter the coronavirus were three times...

Civil unrest rages in Minneapolis over racially charged killing by police

Peaceful rallies gave way to a third night of arson, looting and vandalism in Minneapolis on Thursday as protesters vented their rage over the...

Partly cloudy at intervals with moderate to strong winds

    A few showers in the west, north and mountains early on Friday will soon clear, although it will be partly cloudy at intervals with...

Higher fines for traffic offences move step closer

    Higher fines for traffic offences, long sought by police to reduce the number of road accidents, came a step closer today after the House...

64.8% of hospitalised Covid patients were male – weekly report

The Thursday report of the Health Ministry's Epidemiological Surveillance Unit has found that as of May 26 64.8% of all hospitalised Covid-19 patients (114...

Taste

Local cuisine: An introduction

Rich in fresh ingredients and tasty herbs, offers the very best of Mediterranean culinary delights. Head out to a tavern and feast on a...

Spiced lamb with beetroot salad and scented yoghurt

Lay the lamb on a tray, skin side down. Rub with crushed garlic, sprinkle with spices and ground pistachios, wrap in plastic wrap and...

Easy seafood pasta with white wine sauce

Ingredients: 2-3 tbsp olive oil 1 garlic clove, chopped 2-3 tablespoons of whipped cream 1/3 cup white wine 300g spaghetti, roughly broken 300-400g of...

Traditional salads that will blow your mind away

This traditional salads will make you actually love salads! Cyprus may be famous for souvla and kleftiko but if you try the traditional salads with...