Although the Greek government boasts of the country's economic growth, OECD data shows the exact opposite. Greeks are getting poorer, and the fact that the situation is getting worse is also supported by the fact that it is often compared with Bulgaria in terms of purchasing power.

The Greek economy is still 19% smaller than in 2007. The poverty statistics of this country are alarming, as other data confirm the difficult conditions for the citizens of Greece. Although the Greek economy grew by 2% in 2023, poverty did not decrease, reports the website Investor.

According to ELSTAT, 26,1 percent of Greek men and women were at risk of poverty or social exclusion in 2023. That's about 2.658.400 people. The poverty rate in 2022 was 26,3%.

The poverty line is set at 6.030 euros per year for an individual or 12.663 euros for a household with two adults and two children under 14.

Of particular concern is the high percentage of young people aged 18 to 24 who live in severe material and social deprivation. This rate is more than double the European average.

Greece also holds negative records in child poverty. In 2023, nearly 22 percent of minors were at risk of poverty, compared to 18,3 percent of adults, according to the GSEE report.