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POVERTY RATE IN ARMENIA CLIMBS 17.4% FROM 2008 TO 32.4% IN 2012
YEREVAN, November 26. /ARKA/. Poverty rate in Armenia climbed 17.4%
from 2008 to 32.4% in 2012, according to the National Statistical
Service's report "Poverty and Social Panorama in Armenia, 2013".
In its report, the National Statistical Service divides the poor into
three categories - extremely poor, very poor and poor. The extreme
poverty rate in Armenia rose 1.8 times within five years and the rate
of very poor people went 7.1% up.
According to the statistical report, every third resident of the
country or 32.4% (980,000 people) lived in penury in 2012, 13.5%
(408,000) were very poor and 2.8% (85,000) extremely poor.
Some 980,000 people lived in poverty in 2012.
Poverty rates in urban and rural areas are similar - in cities it
stood at 32.5% in 2012 after rising 17.7% since 2008, and in villages
it rose 16.7% to 32.1%.
The lowest poverty rate was recorded in Yerevan - about 25.6% (1.6
times lower than other urban areas' indicators). Poverty rate mounted
27.3% over these five years here, while in other cities it rose 12.3%.
Some 64.4% of poor people are urban areas' residents.
The main factor of the 2008-2012 poverty rate increase was a sharp
economic decline (14.1%) in 2009.
Earlier, Finance Minister David Sargsyan said that poverty rate in
Armenia is gradually going down.
This slow but sustainable downward motion will continue also in 2014
thanks to increase in salaries and pensions.
The minimal salary in the country was AMD 32,500 in 2012, and average
monthly salary AMD 113,163 drama.
In July 2013, the minimum salary was raised by 30% to AMD
45,000. ---0----
- See more at:
http://arka.am/en/news/economy/poverty_rate_in_armenia_climbs_17_4_from_2008_to_3 2_4_in_2012/#sthash.vwYZkhAo.dpuf
YEREVAN, November 26. /ARKA/. Poverty rate in Armenia climbed 17.4%
from 2008 to 32.4% in 2012, according to the National Statistical
Service's report "Poverty and Social Panorama in Armenia, 2013".
In its report, the National Statistical Service divides the poor into
three categories - extremely poor, very poor and poor. The extreme
poverty rate in Armenia rose 1.8 times within five years and the rate
of very poor people went 7.1% up.
According to the statistical report, every third resident of the
country or 32.4% (980,000 people) lived in penury in 2012, 13.5%
(408,000) were very poor and 2.8% (85,000) extremely poor.
Some 980,000 people lived in poverty in 2012.
Poverty rates in urban and rural areas are similar - in cities it
stood at 32.5% in 2012 after rising 17.7% since 2008, and in villages
it rose 16.7% to 32.1%.
The lowest poverty rate was recorded in Yerevan - about 25.6% (1.6
times lower than other urban areas' indicators). Poverty rate mounted
27.3% over these five years here, while in other cities it rose 12.3%.
Some 64.4% of poor people are urban areas' residents.
The main factor of the 2008-2012 poverty rate increase was a sharp
economic decline (14.1%) in 2009.
Earlier, Finance Minister David Sargsyan said that poverty rate in
Armenia is gradually going down.
This slow but sustainable downward motion will continue also in 2014
thanks to increase in salaries and pensions.
The minimal salary in the country was AMD 32,500 in 2012, and average
monthly salary AMD 113,163 drama.
In July 2013, the minimum salary was raised by 30% to AMD
45,000. ---0----
- See more at:
http://arka.am/en/news/economy/poverty_rate_in_armenia_climbs_17_4_from_2008_to_3 2_4_in_2012/#sthash.vwYZkhAo.dpuf