PARIS, Jan 21 (Ruja) - In 2023, 8% of France's population lives below the poverty line, that is, 5.3 million people, according to data from the Inequality Watch. Among them, students and women are the most affected by poverty.
According to France Info, the standard for living in poverty in France is that a single person earns less than 940 euros a month (equivalent to half of the median income in France). In 2023, 5.3 million people in France, or 8% of the population, live below the poverty line, according to the Inequality Watch. This number has been steadily rising since the mid-2000s. However, France remains one of the European countries that has done the best job of curbing poverty.
According to the report, the reason for the increase in poverty is the decline in income and aid levels on the one hand, but more importantly the rise in the cost of living. In 2023, food prices have risen by a further 7% and energy prices by 23%.
While poverty affects people of all ages in France, it is young people between the ages of 18 and 29 who are most affected, with nearly 50% of university students living on less than 400 euros per month. Women are also the most affected, accounting for 57 percent of the Secours catholique.