The subjective poverty rate in the European Union fell to 17.4 per cent in 2024, an improvement from the rate of 19.1 per cent recorded in 2023, according to figures released on Thursday by Eurostat.
The data showed that Cyprus reported a subjective poverty rate of 20.8 per cent for 2024.
Crucially, this figure reflects a significant improvement, continuing a strong downward trend from 24.1 per cent in 2023
