Household economic condition
Between 2016 and 2017, both relative and absolute poverty incidence increased.
Absolute poverty involved 6.9% of resident households. Compared to 2016, household economic conditions worsened especially in households with one minor child, households with elderly individuals and households with more than one family nucleus. 12.3% of households experienced relative poverty (involving 9,368,000 individuals). Relative poverty incidence was decidedly high among households with reference person employed as a worker or similar and in households with non-national individuals.
In 2016, resident households in Italy had an average net income equal to 30,595 Euros, corresponding to monthly 2,550 Euros. However, given the unequal income distribution, the majority of households had an income lower than the average: considering also the median value (that is the income level that is found in the middle in the sequence of income levels), 50% of households received less than 25,091 Euros (2,091 Euros per month).
In 2017 the number of individuals living in households experiencing severe deprivation decreased considerably.
Though increasing for the fourth year in a row, the average monthly expenditure of resident households in 2017 remained under the level of 2011 indicator. 17.8% of total expenditure is used for food and non alcoholic beverages, 82.2% for goods and services other than food.
In 2018 the share of people who said they were satisfied of their economic situation increased compared to the previous year, especially among those who declared themselves "fairly satisfied" or "very satisfied".