30.08.2011 0

More French families live below the poverty line

Poverty rates rise in France

The average household in France is surviving on an income of less than 19,000 euros per year, while 10 per cent of the population is pulling in around half of that. According to a report published today, the global financial crisis has helped push more families below the poverty line.

France’s statistical group Insee found that 13.5 per cent of the population live below the poverty threshold, earning less than 954 euros per month (10,410 per year). In 2008, the figure was 13 per cent. The poverty line for a couple with one child is 1,700 euros per month.

Half of the country's homes are earning around 1,500 euros per month.

Meanwhile, the most wealthy households live on an average of 3000 euros per month, making up 10 per cent of the population.

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