Subjective poverty in Greece hits 67.2% while objective rate stands at 19.6%

Greece shows a large gap between subjective poverty at 67.2% and the objective poverty risk of 19.6%. The president of KEFIM addressed reasons for the difference.

Subjective poverty in Greece hits 67.2% while objective rate stands at 19.6%

Gap between perceptions and official measures

Recent figures indicate that 67.2% of people in Greece report difficulty making ends meet. This subjective measure exceeds three times the official poverty risk rate of 19.6%.

KEFIM president response

The president of KEFIM provided an explanation for the discrepancy between how people feel about their finances and measured poverty levels.

Context of the data

The data highlights differences in how poverty is experienced versus how it is statistically defined in Greece.

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