September 23, 2022
In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion. Compared with 2020 and looking at activity status, this was the only category that experienced a deterioration in the poverty situation, increasing from 22.6% to 23.6%.
From 2020 to 2021, at risk of poverty or social exclusion rates decreased for the unemployed, pensioners and employees by 1.6, 0.6 and 0.3 percentage points, respectively.
At the national level, in 2021, Romania, Portugal and Estonia recorded the highest shares of self-employed people at risk of poverty and social exclusion (70.8%, 32.4% and 32.2%). Romania, in particular, experienced the highest increase from 2020 to 2021 (5.1 percentage points).
In contrast, the poverty situation for the self-employed improved in 11 countries, with Ireland and Hungary reporting the highest decrease in such rates from 2020 to 2021 (-3.2 and -3.7 percentage points, respectively).
Source: Eurostat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.