Portugal risk of poverty falls to 20-year low
Home News Portugal risk of poverty falls to 20-year low Portugal risk of poverty falls to 20-year low The risk of poverty in Portugal fell in 2024 to its lowest level in the last 20 years, but 1. 7 million people continue to live below the poverty line, 300,000 of whom are children.
Poverty rate falls, but 1.7 million people in Portugal still live on less than €723 a month
Despite improvements across all age groups, poverty has worsened among single-parent families and those consisting of two adults and two children. There are also more people unable to cover unexpected expenses with higher amounts.
Poverty rate falls for the third consecutive year. Inequality has also decreased
The poverty rate in Portugal indicates that 15.4% of Portuguese people lived in 2024 with incomes of up to 8,679 euros annually. This was slightly above the European average.
