27.May .2022 15:00

Share Of The Population Under The absolute poverty line mounted to 17.5%

Share Of The Population Under The absolute poverty line mounted to 17.5%
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In 2021, the share of the population under the absolute poverty line in Georgia decreased by 3.8 percentage points compared to the same period of the previous year and amounted to 17.5%, - accoridng to the National Statistics Office of Georgia (Geostat).

In 2021, the absolute poverty rate in urban type settlements decreased by 2.1 percentage points and amounted to 15%, while in rural type settlements it decreased by 6.3 percentage points and amounted to 21.3%.

According to Geostat, in 2021, the value of the Gini coefficient in terms of total incomes has not changed compared to the previous year and is at the level of 0.37. Also, the value of the Gini coefficient in terms of total cash inflows has not changed and is at the level of 0.39. The Gini coefficient is reduced from 0.36 to 0.34 in terms of total consumption expenditures, while it remains unchanged in terms of total cash expenditures and stands at 0.42.

In 2021, the share of the population under 60 percent of the median consumption decreased by 0.8 percentage points and amounted to 18.9 percent, while the share of the population under 40 percent of median consumption increased by 0.4 percentage points and amounted to 7.4%.