The proportion of persons at risk of poverty is lower for 1,5 percentage points and equals 21,7% in 2020 compared to 23,2% in 2019 based on data on poverty and inequality in 2020 in the Republic of Serbia, published by the Statistical Office of the Republic of Serbia. Data also show that the at-risk-of-poverty-or-social-inclusion rate is lower and equals 29,8% in 2020 compared to 2019 when it was 31,7%. At risk of poverty and severe material deprivation are 8,4% of the population in 2020 and in the same position in 2019 was 8,9% of the population.
Pensions and social transfers (financial social assistance and child allowance) significantly contribute to the decrease of the at-risk-of-poverty rate. Without social transfers, the at-risk-of-poverty rate would have been 5 percentage points higher (26,7%, instead of 21,7%), and without social transfers and pensions the at-risk-of-poverty rate would have been 23,1 percentage points higher (44,8%, instead of 21,7%).
Considered by age groups, the highest at risk of poverty rate was among children up to 18 years of age-24,2%, as well as persons between the age of 18 and 24 -23,6%. The group with the lowest at-risk-of-poverty rate were persons between the age of 25 and 54 – 19,6%. According to type of households, the highest at-risk-of-poverty rate was among persons in households with two adults and three or more children – 37,2%, then one person households with person younger than 65 – 37,1%. Households of three and more adults have the lowest at-risk-of-poverty rate /15,1%.