Poverty in Cyprus

[2][3] A report from the late 1990s (based on the Family Expenditure Survey of 1996–97) found that the Gini coefficient (which indicates income distribution) for Cyprus was about 0.36, and that the most vulnerable groups included the chronically ill, retirees, poorly educated people, and housewives (widows).

[5] According to Eurostat, people "at risk of poverty" or social exclusion in Cyprus accounted for approximately 23–27%, roughly aligned with the EU average of about 23–26% in the measured period (2004–2012).

Following the 2012–13 Cypriot financial crisis, predictions were made that poverty in Cyprus will significantly worsen, but as of 2014 no conclusive evidence has supported this.

[17] The level of poverty can be related to the topic of income and living conditions, for that can measure the standing of a household or an individual to point out the inequalities that underlie a society.

[18] The highest at risk of poverty are the elderly, for the difference in income to pensions is greatly exaggerated, that they are forced to be dependent on their working family.

[19] These terms of a fixed minimum income aided in the issue of unemployment, and has created a downward trend from 15% to 13%, following suit across the EU.