Eurostat: Czech income poverty rates second lowest best in EU

03-02-2020

Just 3.4 percent of people working in the Czech Republic rank below the poverty threshold, the latest Eurostat data for 2018 show. Only Finland scored better in the statistic and it is the lowest income poverty rate in Czechia in the past 10 years. On average, every tenth EU citizen’s income lies below the poverty threshold. The result is thanks to the wage-to-price difference, sociologist Daniel Prokop told Czech Radio. In Luxemburg, for example, the median rate is twice as high as in the Czech Republic and those on low income jobs are therefore more likely to fall into poverty than in Czechia.

Romania placed last according to the statistic, with every sixth worker threatened by poverty.