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The indicators calculated on the basis of income in 2019 allow us to predict that the risk of poverty rate may increase by 1.1 points to 21.7% this year, while the absolute poverty rate would decrease by 1.6 points to 6.1%.
“The experimental poverty indicators are a forecast based on administrative data for 2019 (…) Once the methodology is established, the experimental statistics will become official, for example, as the published preliminary estimates of GDP are also a forecast “commented the BNS.
In terms of age, the highest risk of poverty rate would remain in the age group of 65 years or more; it would reach 39.4% this year. (official indicator in 2019 – 31.6%), children under 18 – 21.9%. (22.7%), and in the age group 18-64 – 15.6%. (16.5 percent).
The absolute poverty rate is projected to decline in all age groups this year: children under the age of 18, to 6.8%. (last year – 8.4 percent), 18-64 years – up to 5.9 percent. (7.8%), 65 years and older – up to 6%. (6.7 percent).
Statistics Lithuania notes that this year’s official poverty indicators, to be published next year, will be based on 2019 earnings, so the various unique state benefits for children, retirees and disabled, and job applicants, have yet to will be reflected in them.
Poverty forecasts were compiled for statistics for the first time. Preliminary figures will be reviewed after one year through a routine income and living conditions survey.
The latest official statistics for 2019 show that the risk of poverty rate, with a monthly income of € 379, was 20.6%. (a decrease of 2.3 points during the year), and the absolute poverty rate, when income reached 251 euros, was 7.7 percent. (3.4 points). These indicators are calculated based on 2018 revenue.
It is not allowed to publish, quote or reproduce the information of the BNS news agency in the media and on the Internet without the written consent of UAB “BNS”.
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