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

Relative share of poor population in Bulgaria goes up

Photo: archive

The relative share of the poor population in Bulgaria is growing. In 2022, the poverty rate in the country stood at 22.9%, or 1 million 572,000 people, reads the government-approved report on the implementation of the National Strategy for Poverty Reduction by 2030, BNR’s Tsvetelina Stoyanova reports. 

Compared to the previous year, 2021, the relative share of the poor population is up by 0.8%. One of the reasons indicated for the increased number of poor people in this country is the Covid-10 pandemic which has deepened inequality and has affected a number of sectors of the economy. The share of poor people is highest among single member households of people over the age of 65.



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 defense spending is over 2% of GDP

The acquisition of the Himars artillery missile systems is unfortunately not part of the immediate prospects of the Bulgarian Army, the Deputy Chief of Defense, Lieutenant General Mihail Popov said after the completion of the largest exercise of..

published on 6/4/24 6:10 PM

Drone spotted once again near Tyulenovo

An unmanned aerial vehicle was found on the rocks between Tyulenovo and Kamen Bryag, the place was cordoned off by the police in Shabla. The place is not accessible from the shore. An unidentified object was reported to the military. Identification..

published on 6/4/24 5:31 PM
Metodi Metodiev

Bulgaria may ask for extraordinary report on joining the euro area

By mid-2025 Bulgaria will be ready for the Еuro area, the caretaker deputy finance minister Metodi Metodiev predicted before the financial forum in Sofia "The Noise of Money". In his words, by the end of 2024, the inflation criterion - the only one the..

published on 6/4/24 4:46 PM