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One in five Italians live on less than €842 per month

15 12 0
07.12.2019

Analysis. The latest report from ISTAT shows sharpening inequality, with most of the benefits of economic growth going to those who are already financially stable. Those most at risk of poverty are southerners, foreigners and people with large families.

written by Mario Pierro

Topic Italy

December 7, 2019

The wealthiest households in Italy have an income six times higher than that of the poorest households. The percentage of the population at risk of poverty or social exclusion has decreased, due to a lower percentage of situations of severe material deprivation, but the percentage of those at risk of poverty remains stable (i.e. those who are working but cannot make ends meet with their wages alone). About 12 million people (20.3% of the population) have a net income of less than €10,106 per year (€842 per month).

This is the........

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