Lithuania's Poverty Rate Exceeds EU Average Amid Rising Financial Pressure
1 report, 1 independent
Updated 00:00
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What happened
Poverty in Lithuania has increased over the last five years, surpassing the average rate across the European Union. The latest review found that 7% of the population lives in absolute poverty, meaning they cannot afford basic necessities. The poverty risk gap is widening, and the financial squeeze on residents is increasing due to inflation.
From lrt.lt
Why it matters
The increase in poverty, particularly among working people, suggests growing financial pressure within the country. The report noted that the share of working people living in poverty increased by a full percentage point, indicating that employment does not automatically prevent financial hardship.
From lrt.lt
Who's involved
- LithuaniaThe geopolitical state where poverty rates have increased and surpassed the EU average.