The Center for Economic Development Initiatives addressed the change in the poverty rate in 2017-2018.
Thus, according to the report released by the CDN, in 2018, the poverty level decreased by 2.2 percentage points compared to 2017, making 23.5%. According to the data of the Ministry of Education of the Republic of Armenia, the monthly consumption of one in four of the population of the Republic of Armenia (about 700 thousand people) was below the upper poverty line, 42,621 AMD.
From the food poverty line, the extremely poor population with a low consumption level of 24,827 AMD per month made up 1.0% (about 30 thousand people), which decreased by 0.2 percentage points compared to the previous year. Compared to 2017, in 2018 c. The poverty rate in Yerevan decreased to 19.9%, while the poverty rate in other urban areas increased to 30.3%, which means that in 2018, the poverty rate in other cities outside of Yerevan exceeded the poverty rate in Yerevan by 10.4 percentage points.
These indicators document that, in general, in 2018, the inequality of territorial development has deepened somewhat. Between Yerevan and the cities of RA marzes. In 2018, the highest level of poverty was recorded in Shirak marz – 42.2%, followed by Lori – 29.4%, and the lowest level was recorded in Aragatsotn marz – 16.2%, followed by Syunik marz – 16.7%.
Thus, in the considered period, the poverty level decreased by 2.2 percentage points compared to 2017, making 23.5%. It is noteworthy that although the poverty level decreased by 2.5 percentage points in the city of Yerevan, it increased by 2.4 percentage points in the cities of the RA marzes, making 30.3%. The polarization of the RA population, according to the income index and consumption, has also deepened, which proves that the economic growth of RA in 2018 did not contribute equally to the improvement of the quality of life of each resident.
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