Attica, South Aegean, Crete and Ionian increase their earnings from the remainder of the nation – 2024-05-31 20:04:22

by times news cr

2024-05-31 20:04:22

Attica is the richest area of Greece, with a disposable earnings 32% increased than the nationwide common, having even managed to considerably widen its hole with the remainder of the nation in recent times.

The South Aegean follows carefully, with an earnings 28% increased than the typical and a major widening of the hole in recent times. Conversely, the poorest areas of the nation are Western Greece (with disposable earnings 7% under the nationwide common) and North Macedonia-Thrace (disposable earnings 4% under the typical).

This outcomes from the brand new evaluation printed by diaNEOSis and the Regional Coverage Observatory, concerning the regional dimension of earnings poverty in Greece.

Accordingly, the evaluation exhibits that Western Greece (26.7%), Peloponnese and North Aegean (26.2%) and Western Macedonia (24.9%) present the very best charges of poverty.

The results of crises
Documenting the consequences that the successive crises had on residents’ dwelling requirements, the analysis finds that in 2015 the typical equal disposable earnings in Greece was decreased by 35% in comparison with 2008, with the principle components of this discount being wage cuts and pensions and the fast improve in unemployment.

However, within the disaster of the pandemic, the incomes of the residents didn’t comply with the course of the GDP, as they decreased by solely 0.9%. This was primarily as a result of state help/help and employment safety measures taken to help the incomes of these affected by the pandemic (freelancers, personal sector workers, and so on.).

The pandemic
In response to the analysis, the impression of the pandemic was uneven between the areas of the nation.

Particularly, whereas in Attica in 2020 the typical equal disposable earnings is as much as 19% above the nationwide common, in Western Greece it’s 18% decrease than it.

Attiki widens its hole
The Area of Japanese Macedonia – Thrace (-16%), Central Greece and Western Macedonia (-13%) are additionally significantly low. Actually, the gap of Attica from the nationwide common will increase in 2021 and 2022, as the typical earnings of this Area is 25% and 32% respectively, increased than the nationwide common, whereas the identical is true for the South Area Aegean.

However, Areas the place the typical earnings was decrease than the nationwide common, resembling Western Macedonia, Thessaly and the Ionian Islands, in 2021 approached the nationwide common earnings, exhibiting some sort of regional convergence when it comes to this magnitude. Actually, within the Ionian Islands the typical equal disposable earnings rose to 11% increased than the nationwide common in 2022.

Nevertheless, Attica has at all times been in a extra advantageous place and actually its distinction from the nationwide common disposable earnings is continually widening. The identical consequence, however in the other way, is noticed for the Areas which can be under the nationwide common earnings. Due to this fact, not solely massive deviations from the nationwide common are noticed, but in addition a widening of those deviations typically, as throughout the time interval 2017-2022, solely the Areas of Crete, South Aegean and Ionian Islands appear to converge.

Poverty
The extra advantageous place of Attica in comparison with the opposite areas is obvious, because the poverty charges are constantly a lot decrease than the nationwide poverty price, but in addition in comparison with the opposite areas of Greece (besides Crete and the Ionian Islands in some years). Particularly, the poverty charges within the Attica Area are from 3.4 to six.4 share factors decrease than the nationwide poverty price. Nevertheless, since 2019, there was an rising pattern of the poverty price in Attica, leading to it reaching 13.6% in 2022.

With percentages additionally decrease than the nationwide poverty price, the Areas of South Aegean and Crete comply with. Within the South Aegean the poverty price ranges from 14.5% (in 2019 and 2022) as much as 17.3% (in 2017). In the identical interval, the poverty price in Crete is reducing and, in reality, in 2021 the poverty price of this Area was the bottom in all of Greece (10.4%), whereas in 2022 it noticed a marginal improve (10.6%).

Within the Area of Anat. Macedonia and Thrace, the poverty price is constantly increased than the nationwide common (from 3.5 to 9.8 share factors). Actually, throughout the first interval of the pandemic (2020), the poverty price reached 28.6%, which was the very best in all of Greece, along with the Area of Western Greece.

An identical image exists for the Areas of Central and Western Macedonia, with percentages that constantly transfer above the nationwide poverty price. In Central Macedonia the poverty price for 2022 was 22.8% (4.4 share factors increased than the nationwide price), whereas in 2020 it had reached its most worth (24.2%). However, in Western Macedonia the poverty price for 2022 was 24.9%, rising considerably from 19.5% in 2020, fa[1]exhibiting important modifications in earnings distribution in comparison with different Areas. Nevertheless, throughout the interval 2017-2022 there are important variations within the poverty price, which signifies that in all probability part of the inhabitants of this Area is near the nationwide poverty line. Due to this fact, poverty charges are extremely delicate to modifications within the poverty line.

The Area of Epirus is among the particular instances when it comes to the evolution of the poverty price over time. Though in 2022, 16.3% of the inhabitants of this Area is under the poverty line (2.1 share factors under the nationwide price), in 2020 the poverty price was 20.9% (2.1 share factors factors above the nationwide price). The information for the Area of Epirus additionally present robust variations between years, presumably as a result of sensitivity of the poverty price to modifications within the nationwide poverty line.

As for the Area of Thessaly, the info on poverty charges reveal probably the most unfavorable place that this Area had in relation to the nationwide common, as poverty is constantly at increased ranges. Regardless of the discount in poverty in 2018, it has been on the rise ever since, reaching virtually 20% in 2020, whereas in 2022 it stood at 20.4%.

The poverty price estimates for the Ionian Islands Area want particular remark, the evaluation factors out. Within the interval 2017-2019, poverty adopted a powerful downward pattern, with the consequence that in 2019 solely 9.9% of the inhabitants of the Area has an earnings under the poverty line. Quite the opposite, within the yr 2020 the poverty price of this Area rises dramatically. This specific discovering might be attributed – mixed with modifications within the earnings distribution of this Area – to the truth that a major a part of the inhabitants remained under the 2020 poverty line, as their incomes didn’t improve considerably. Nevertheless, in 2022 the poverty price finally ends up decreased to 17.8%, partially recovering the losses of the earlier years.

In Western Greece, poverty charges are additionally constantly increased than the nationwide poverty price and, in reality, are the very best amongst all areas of the nation. Particularly, in 2022, poverty in Western Greece reached 26.7% (increased by 8.4 share factors), whereas in 2020 it reached 28.6%. These knowledge reveal that this Area is in probably the most deprived place amongst all areas when it comes to poverty price.

The Area of Central Greece exhibits the same image, with percentages very near these of Western Greece. In 2021, 26% of the inhabitants of Central Greece had an earnings under the poverty line (7.4 share factors above the nationwide poverty price), following an upward pattern since 2017. Nevertheless, the poverty price decreased in 2022 considerably to 18.3% and actually, marginally under the nationwide common.

Additionally, poverty charges within the Peloponnese present an rising pattern, reaching 26.2% in 2022 (7.8 share factors above the nationwide price). Actually, this Area appears to deviate from the nationwide common, whereas in 2017 it was very near it (simply 0.6 share factors above).

SOURCE: diaNEOSIS

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