FIFTEEN per cent of the Balearic population falls below the threshold of relative poverty, according to a report from the National Institute of Statistics (INE), quoting figures for last year. The report says that the average income on the islands is 8'601 euros per year, compared to a national average of 7'591 euros.
The poorest regions of Spain are Extremadura, where more than 37 per cent of the population falls below the poverty threshold, and the average income is only 5'653 euros a year. Second from bottom is Andalucia, with 31 per cent of the population living in poverty. The wealthiest regions are Madrid, with only 9.5 per cent of the population living in poverty and an average income of 9'111 euros a year, and Catalonia, with an average income of 9'064 euros a year.
15pc of Balearic population is living in poverty
10/12/2013 00:00
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