The share of people unable to make ends meet - defined as not being able to afford essential goods and services which enable a decent quality of life - in Europe has fallen consistently over the past decade. This is true for both those falling below the 'at-risk-of-poverty' threhold and for those above it. People above 60 percent of median income have seen their risk fall by amost half since 2013, while those below the threshold saw their risk fall by around a third. As of 2022, around a fifth of people who are below the at-risk-of-poverty threshold could not afford essential goods and services.
Inability to make ends meet among those earning above and below 60 percent of median equivalized income in the European Union from 2010-2022
The threshold of 60 percent of median equivalized income is considered the 'at-risk-of-poverty' threshold by Eurostat, with individuals and household falling below this threshold considered at high risk of poverty.
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Eurostat. (September 29, 2023). Inability to make ends meet among those earning above and below 60 percent of median equivalized income in the European Union from 2010-2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1416665/inequality-in-europe-ability-to-make-ends-meet/
Eurostat. "Inability to make ends meet among those earning above and below 60 percent of median equivalized income in the European Union from 2010-2022 ." Chart. September 29, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1416665/inequality-in-europe-ability-to-make-ends-meet/
Eurostat. (2023). Inability to make ends meet among those earning above and below 60 percent of median equivalized income in the European Union from 2010-2022 . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1416665/inequality-in-europe-ability-to-make-ends-meet/
Eurostat. "Inability to Make Ends Meet among Those Earning above and below 60 Percent of Median Equivalized Income in The European Union from 2010-2022 ." Statista, Statista Inc., 29 Sep 2023, https://www.statista.com/statistics/1416665/inequality-in-europe-ability-to-make-ends-meet/
Eurostat, Inability to make ends meet among those earning above and below 60 percent of median equivalized income in the European Union from 2010-2022 Statista, https://www.statista.com/statistics/1416665/inequality-in-europe-ability-to-make-ends-meet/ (last visited November 21, 2024)
Inability to make ends meet among those earning above and below 60 percent of median equivalized income in the European Union from 2010-2022 [Graph], Eurostat, September 29, 2023. [Online]. Available: https://www.statista.com/statistics/1416665/inequality-in-europe-ability-to-make-ends-meet/