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Household economic condition

An overview

Between 2013 and 2014, both relative and absolute poverty incidence remained stable. Relative poverty involved around 10 percent of households, absolute poverty 5.7 percent.
In Italy poverty is strongly linked to the household structure, low levels of education and occupational status, as well as exclusion from the labour market and is more widespread among foreign population.

In 2013, resident households in Italy had an average net income (excluded imputed rent) equal to 29,473 euros, around 2,456 euros per month. Considering also the median value (that is lower than the average) 50 percent of households received less than 24,310 euros (2,026 euros per month).

The deprivation synthetic index constitutes an important measure in the context of analysing social exclusion: together with risk of poverty and low labour intensity indicators it contributes to supply an estimate of persons at risk of poverty or social exclusion. In 2014 severe deprivation decreased especially in the South and Islands among singles and couples (more so, if elderly) and among couples with one child only, also minor. The condition of single-parent households, households with at least three minors or other household types remained serious.

In the last year the share of people who said they were satisfied of their economic situation was still growing especially among those who declared themselves "fairly satisfied".