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More 1st of May celebrations: Maltese at risk of poverty increase in 2024

The number of people living in Maltese households at risk of poverty increased by 0.2% in 2024 from 2023 according to the latest NSO figures as part of the EU-SILC project that provides social indicators. The number of people at risk of poverty and also at risk of social exclusion increased by 0.1% to 19.7 from 2023 to 2024.

Children and the elderly face the biggest risk of being in poverty or socially excluded, especially older people who are not married. The highest rate of people at risk of poverty is found in the northern part of Malta. Up to 92,000 people in Malta are at risk of poverty and social exclusion.

In 2023, the average household income in Malta was estimated at around โ‚ฌ38,236. The average salary is around โ‚ฌ30,000.

Other figures released last month as part of the same project cite that 79.5% of people living in private households said that are experiencing good health while up to 29.6% suffer from a chronic illness or condition. 60.2% have said that they are happy most of the time with 34% saying they rarely experience agitation or nervousness.

Malta has one of the lowest minimum wages in the European Union.


Comments

3 responses to “More 1st of May celebrations: Maltese at risk of poverty increase in 2024”

  1. Isabella fiorentino avatar
    Isabella fiorentino

    ” Let them eat cake” she said.

  2. […] rate of people at risk of poverty and social exclusion at 19.7% of households, comes just right below the EU’s average of 21% according to EuroStat. The highest rates were […]

  3. […] Latest statistics by Eurostat have confirmed that poverty in Malta has increased from 16.6% to 17% confirming statistics released earlier this year that poverty has increased. […]

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