At-Risk-of-Poverty Rate in Serbia Slightly down from 2022

Belgrade, panorama (BETAPHOTO/MILOS MISKOV)

In Serbia, the at risk-of-poverty rate in 2023 was 19.9 percent, 0.3 percent lower compared to the year before, the Statistical Office published on Oct. 15. 

The at-risk-of-poverty rate or social exclusion shows the share of people in a population who are at risk of poverty or are extremely materially and socially deprived, or live in work-intense household. The at-risk-of-poverty rate or social exclusion totaled 27.2 percent, 1.8 percent down from 2022. 

In 2023, the at-risk-of-poverty threshold amounted to RSD29,100 a month on an average for a one-person household. For a household comprising two adults and one child under the age of 14, the poverty line was RSD52,380, while it was RSD61,110 for a four-person household with two adults and two children under the age of 14.

By age group, individuals aged 65 and above were the most exposed to the risk of poverty, 23.5 percent, as well as those aged 55 to 64, 23 percent, while the lowest at-risk-of-poverty rate was recorded in the group aged 25 to 54, 16.8 percent. 

By the type of household, the highest at-risk-of-poverty rate was registered with households of two adults with three or more dependent children, 34,7 percent, while the lowest at-risk-of-poverty rate was recorded with households comprising three or more adults, 13,3 percent.

Also, self-employed persons were at the higher risk-of-poverty rate of around 12,9 percent compared to those working for employers, 4,9 percent, while the at-risk-of-poverty rate for pensioners was 20,3 percent.