Poverty in Argentina reaches 36.5% in the first half of the year

Poverty in Argentina reached 36.5 percent at the end of the year’s first half, down 0.8 percentage points compared to the end of 2021, the National Institute of Statistics and Censuses (Indec) announced today, Wednesday.

The South American country reported 10.6 million people and 2.7 million households (27.7 percent) in poverty, while the indigence rate rose to 8.8 percent from 8.2 percent in the previous six months.

The survey is based on a study conducted by Indec of 31 urban agglomerations, where 29.1 million of Argentina’s 46.2 million inhabitants live.

The government agency said that of all the households analyzed living below the poverty line, 660,494 were living below the means line, “equivalent to 2,568,671 people.”

Compared to the same period in 2021, poverty has decreased by 4.1 percentage points to 40.6 percent.

According to the Indec survey, which analyzes the poverty situation by age group, 50.9 percent of children between 0 and 14 years old are poor.

Similarly, 43.3 percent of 15- to 29-year-olds are poor, as are 32 percent of 30- to 64-year-olds.

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