Tuesday, September 5, 2023

is poverty increasing in Germany? who are the newly poor in Germany?

 According to the Paritätische Wohlfahrtsverband, the poverty rate in Germany has risen more sharply than previously assumed due to the coronavirus pandemic and inflation. In 2021, it rose to 16.9 percent of the population, 0.3 percent higher than assumed when the initial results were published in June 2022. Compared with the previous year, poverty had thus risen by a full percent, to encompass 14.1 million people, reaching a sad peak in the second year of the pandemic. The newly poor in Germany are mostly children and pensioners

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what is the poverty rate in Germany?

The poverty rate in Germany varies depending on the source and the year. According to Statista, Germany has a poverty rate of 10.9 percent
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 However, according to the Paritätische Wohlfahrtsverband, the poverty rate in Germany rose to a record high of 16.6 percent in 2021
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 In 2021, poverty had thus risen by a full percent, to encompass 14.1 million people
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 Poverty in Germany is at its highest since the German reunification (1990) 
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 The newly poor in Germany are mostly children and pensioners
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how does the poverty rate in 
Germany compare to other European countries?
Germany's poverty rate varies depending on the source and the year. According to Statista, Germany has a poverty rate of 10.9 percent, which ranks 19th on the list of poverty rates for OECD countries
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 However, according to the Paritätische Wohlfahrtsverband, the poverty rate in Germany rose to a record high of 16.6 percent in 2021
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 According to a Eurostat report, the at-risk-of-poverty rate for children under 18 years old in Germany was 14.8% in December 2022
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 The poverty rate in Germany is higher than some European countries, but lower than others. For example, according to a report from the European Centre for Social Welfare Policy and Research, the rate of poverty varies between 9% and 26% across EU member states, with the lowest rates in the Czech Republic, Slovakia, the Netherlands, Denmark, and Sweden
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what are some initiatives in Germany to
 reduce poverty?

Germany has several initiatives to reduce poverty, including:
  1. The German government's plan to eliminate poverty in Germany: The government aims to reduce poverty by increasing social welfare programs, improving access to education and training, and creating more job opportunities. The government also plans to increase the minimum wage and provide more affordable housing
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  2. The 2030 Agenda: Reducing poverty and inequality are core objectives of German development cooperation. The 2030 Agenda aims to "end poverty in all its forms"
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  3. Development cooperation: In order to achieve a sustainable reduction of poverty, the instruments of development cooperation must support self-help initiatives by the poor, strengthen their capacities, and promote their participation in decision-making processes
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  4. Social safety nets: Incremental increases to social safety nets will do little to alleviate the problem of poverty, but they can provide temporary relief to those in need
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  5. Pension reform: According to a new study from the Bertelsmann Foundation, old-age poverty is expected to affect 20% of Germans by 2036. People with pension reform can help reduce poverty among the elderly
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These initiatives aim to reduce poverty and inequality in Germany and improve the standard of living for those who are struggling financially.






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