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 builder Novarion officially announces intention to list shares on Bucharest Stock Exchange

Construction and real estate development company Novarion has announced its intention to list on the AeRO market of the Bucharest Stock Exchange by the end of the year or at the beginning of next year. Listing will take place following a EUR 70,000 grant obtained through the EU-backed National Recovery and Resilience Plan, or PNRR. […]

“Robot Cellist” to perform in Bucharest during expo-conference GoTech World 2025

“The Robot Cellist,” the visionary project of international artist Fredrik Gran, will perform during GoTech World 2025, the largest IT and digital solutions expo-conference for the business environment in Central and Eastern Europe. Created by Swedish composer Fredrik Gran, “The Robot Cellist” reinterprets the cello through technology, blending tradition with innovation. It has already appeared […]

Romania has 7th fastest Wi-Fi connection onboard trains in ranking of Asian, European countries

Romania is 7th in a ranking of the fastest Wi-Fi connections available onboard trains in 18 countries in Europe and Asia, according to an analysis by internet speed testing service Ookla.  With a median download speed of 12.46 Mbps, Romania offers Wi-Fi more than twice as fast as Italy (4.78 Mbps) and Poland (4.72 Mbps), […]

“Garden of Lights” returns to Bucharest Botanical Garden with new “Small World” exhibition

Bucharest’s Botanical Garden will once again be illuminated this fall as the “Garden of Lights – Small World” exhibition opens to the public on October 24. The nighttime event will feature thousands of light installations, colorful lanterns, multimedia projections, and interactive displays inspired by landmarks and cultures from around the world. Visitors will embark on […]

Metropolis Foundation starts construction of EUR 16.5 mln pediatric psychiatry hospital in Bucharest

The Metropolis Foundation announced the start of construction works on Romania’s largest pediatric psychiatry hospital, a project valued at over EUR 16.5 million. The new facility will be built within Bucharest’s “Prof. Dr. Alexandru Obregia” Psychiatric Hospital. The 3,900 sqm building will include modern wards, medical offices, occupational and virtual reality therapy rooms, sensory and […]

Agentic AI company Wonderful enters Romanian market, appoints Lucia Stoicescu as Country Manager

Global enterprise AI agent platform Wonderful announced on Monday, October 13, that it entered the Romanian market and appointed Lucia Stoicescu as Country Manager.  Founded in early 2025 by Bar Winkler (CEO) and Roey Lalazar (CTO), Wonderful provides an integrated agent platform allowing enterprises to build, manage, and monitor AI agents serving customers. Winkler previously […]