Last Update 20:5
Egypt's poverty rate rises to 26% in 2012/13: CAPMAS
Poverty rates in Egypt rise by 1 percentage point compared with previous year
Ahram Online, Thursday 28 Nov 2013
Share/Bookmark
Views: 5611
Egypt
File photo: A woman and her child stand in a shack in al-Gayyara slum next to Old Cairo in December 2010 (Photo: Reuters)

Egypt’s poverty rate has increased, reaching 26.3 per cent for the year 2012/13 compared with 25.2 percent in 2010/11, the state-run statistics agency CAPMAS reported on Wednesday.

A CAPMAS report stated that the domestic poverty line stands at an annual LE3,920 ($569) per person

However, the country’s extreme poverty rate shed 0.4 percent from 2010/11 to record 4.4 percent in 2012/13. The extreme poverty line stands at an annual LE3,570 ($518) per person.

Poverty remains predominant in rural areas compared to urban areas. The highest rates in the country are in two southern Egyptian governorates, Assiut and Qena, at 60 and 58 percent respectively.

The average expenditure of Egyptian households stand at some LE26,161 ($3,798).

Expenditures of around 5.6 percent of the Egyptian families –currently 19 million nationwide – are less than LE10,000 ($1,452) per year, while 6.2 percent of total families spend more than LE50,000 ($7,259) annually.



Search Keywords:


Short link:

 

Email
 
Name
 
Comment's Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 50 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online. Advertising