Italy: a record since 2005 poverty

The number of people living in the conditions of absolute poverty in Italy (below monthly income from 569.56 euros to 839.78 euros per person, depending on the country’s field), last year turned out to be the highest since 2005, when they began to lead such statistics. Such data leads the National Institute of Statistics.

So, in 2020, in the conditions of absolute poverty in Italy, there were more than 5.6 million people (9.4% of their total number) and a little more than 2 million families (7.7%): this exceeds the figures for 2019 By 1.7 percentage points and 1.3 percentage points, respectively, reports TASS.

In mid-May, it became known that the size of the ITALY CSD in March of this year broke the next record and first overcame the frontier of 2.65 trillion euros. In comparison with February, the sovereign debt of Italy increased immediately by almost 7 billion euros to a new historical maximum – 2,6509 trillion euros. The economy of Italy, according to the results of 2020, decreased by 8.8-8.9%, according to ISTAT preliminary data.