The number of people risking poverty or social exclusion in Sweden has reached a new record high since measurements began in 2004.
This despite Sweden having one of the world’s highest taxes and a large welfare state.
New figures from Eurostat shows the poverty numbers in EU countries for 2019, showing the percentage of people either risking poverty or social exclusion.
A whopping 18.8% of the population in Sweden are risking poverty or social exclusion. Countries in Eastern Europe like Poland, Slovakia, Slovenia and the Czech Republic are ahead of Sweden.
The Czech Republic, which tops the list, has a figure of 12.5%, with Poland doing slightly better than Sweden at 18.2%. Denmark and Finland are also countries doing well with regards to poverty.
In contrast to the rest of the EU, where most countries have decreased on the poverty ranking the last few years, Sweden has instead increased, going the wrong way. Only in Malta has the poverty risk increased more than in Sweden during 2019.
However, Sweden is still doing better than the EU average which is at 21.1%.
The countries that are risking poverty and social exclusion the most, are Bulgaria (32.5%), Rumania (31.2%) and Greece (30%).
These figures are from 2019, and the Corona pandemic of 2020 will likely make things worse for this years figures.