Poverty in Armenia: Fresh Data

In 2016, the level of poverty in Armenia was 29.4%, the National Statistics Service informs. 1.8% are extremely poor, 8.0% are very poor, and the remaining 19.6% are poor.

The total number of poor people was 880,000, including 295,000 very poor people and 54,000 extremely poor people.

In 2016, the depth of poverty was at 4.3% against 5.1% in 2008, and the severity of poverty was at 1.1 %.

According to the National Statistics Service, the level of poverty in Armenia has decreased by 45% or 1.8 times, going down from 53.5% to 29.4%. The level of extreme poverty has gone down by 59% or 2.4 times.

In Armenia, the level of poverty among 15-17 year-old children is higher compared with other age cohorts. The possibility of being poor is higher among households that are big and have children.

The risk of relative poverty grows along with the size of a household. Households with three or more children under 6 is 1.7 times higher compared with the average level throughout the country.

It has also been reported that last year households led by women to households led by men was 33.4% to 28%.

In 2016 households led by women were 30% and 27% of the poor and the total population respectively. The possibility of being poor is lower among people who have higher education. People with secondary education make up the biggest share among the poor population.

According to the National Statistics Service, the level of poverty in Yerevan is the lowest. It is 1.3 times lower than in other urban areas outside Yerevan.

Last year the level of poverty among rural population was above the country rate, 30.4% and 29.4% respectively.

The National Statistics Service reports that in 2008-2016 the most important factor determining growth of poverty in Armenia was the plunging economy in 2009.