Greek households

A risk of poverty, not actual poverty, threatens 18.7% of the population in 2023, an increase from 17.4 % the previous year

The highest average annual expenditure was recorded in the Attica region, amounting to 23,325.96 euros, while the lowest was in Central Greece, at 14,052.24 euros.

The VAT increase from 13% to 24% on served non-alcoholic beverages, effective July 1, has further deterred customers, according to business owners.

This trend largely comes as a result of decreased disposable income due to inflation, particularly higher costs for tickets (50%) and accommodation (48%).

This downward trend in earnings for households with children could be contributing to the country's declining population.