Main indicators of poverty and social exclusion, Slovenia, annually

Linked content: - Methodological explanations Data on income for the calculation of poverty and social exclusion indicators for year t (SILC survey year) are from year t-1 (SILC income reference year). AT-RISK-OF-POVERTY THRESHOLD is defined as 60% of median equivalised (net) disposable income of all households using the OECD modified equivalence scale. The scale gives to the first adult in the household weight 1, to children under 14 weight 0.3 and to every other person 14 or more years old weight 0.5. A four-member household of two adults and two children thus has 2.1 equivalent household members (calculation: 1x1+1x0.5+2x0.3=2.1), a two-member household of two adults thus has 1.5 equivalent household members (calculation: 1x1+1x0.5=1.5). The at-risk-of-poverty threshold can be calculated for any household by multiplying the threshold for a one-person household by the number of equivalent adult household members. The threshold for a household of two adults can be calculated by multiplying the threshold for a one-member household by 1.5; the threshold for a household of two adults and two children can be calculated by multiplying the threshold for a one-member household by 2.1. The indicator 'at-risk-of-poverty or social exclusion rate' was used to monitor the EU 2020 Strategy goals. From 2021 onwards, the achievement of the goals of the EU strategy until 2030 will be monitored with the indicator 'at-risk-of-poverty or social exclusion rate' calculated for all EU Member States according to a slightly changed methodology. According to the new methodology for calculating the 'at-risk-of-poverty or social exclusion rate', the 'at-risk-of-poverty rate' remained unchanged, the 'severe material deprivation rate' was replaced by the 'severe material and social deprivation rate' and the 'very low work intensity rate' is calculated by a slightly changed methodology.