Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Statistics: 15.2 pct of Romania's population, in situation...

Statistics: 15.2 pct of Romania's population, in situation of severe material deprivation in 2020

December 23, 2021

The total number of people affected by severe material deprivation in 2020 was 2.95 million people, of whom 47.4% men and 52.6% women, shares close to the previous year, according to data centralized by the National Institute of Statistics (INS).Compared to 2017, the severe material deprivation rate decreased by 4.5 percentage points, reaching 15.2% of the population in 2020.Last year, the incidence of severe material deprivation was higher mainly among children up to 18 years of age (21.4%) and young people aged 18-24 (17.7%). Compared to 2017, in 2020 there were significant decreases, by 6.8 and 6.4 percentage points, respectively, in the shares of people severely constrained by a lack of financial resources in the 50-64 years age range and in those aged 65 and over.Severe material deprivation was less common among people living in households without dependent children (12.9%) than among those living in households with dependent children (17.1%). Compared to 2017, there was a decrease in severe material deprivation by 7.4 percentage points among households without dependent children and by 2.1 percentage points among households with dependent children.In households with dependent children, the most difficult situation was in the case of people from large households (consisting of 2 adults with 3 or more dependent children), of whom 43.9% are severely constrained by a lack of financial resources. Also, 25.5% of people in our country living in single-parent households with dependent children are severely constrained by a lack of financial resources, while only 7.7% of people in households consisting of two adults with one child experience severe deprivation.Severe material deprivation is unevenly distributed in terms of regional profile. In 2020, the highest incidence of severe material deprivation was recorded in the regions of South-East (22.7%) and South-Muntenia (20.6%), with 14.1 and 12 percentage points respectively compared to the West region. Compared to 2019, increases in severe material deprivation were felt in most regions, the highest being recorded in the Center region (3.4 percentage points), followed by the South-East regions by 2 percentage points and the North-East by 1.5 percentage points.In the European Union, severe material deprivation characterizes the lives of 5.5% of the total number of people, but the differences between Member States are considerably wide.According to INS, severe material deprivation refers to people who, due to lack of financial resources, cannot afford at least four of the nine components considered essential for a decent living, such as: payment of rent, mortgage or utility bills o time; ensuring adequate heating of the home; the possibility to face unforeseen expenses; payment of one week vacation annually; eating meat or fish at least once every 2 days; owning a color TV; owning a washing machine; owning a telephone (landline or mobile); owning a personal car.   

Read in full - click here
Romanian Social Democrats elect new leadership, only one candidate running for party leader

Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]

Black Friday sales processed by PayU Romania top EUR 100 mln by early afternoon

The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]

Romanian smartphone retailer Contakt to launch IPO on Bucharest Exchange

Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]

Romania draws fewer foreign tourists than in the communist era, Travel Agencies Association warns

Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...

InterCapital launches two new ETFs on the Bucharest Stock Exchange

InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]

Romania, Bulgaria and Republic of Moldova approve Maspex’s takeover of Purcari Wineries

The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries.  The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]