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At-risk-of-poverty threshold, Slovenia, annually

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Statistical Office of the Republic of Slovenia, T: +386 1 241 64 04, E: gp.surs@gov.si
3/21/2024
EUR, PPS
Statistical Office of the Republic of Slovenia
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Notes


(SILC).
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 every other person 14 or more years old weight 0.5 and to children under 14 weight 0.3. 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+1x1.5=1.5).
EQUIVALISED INCOME (income per equivalent adult household member) is calculated by adding income of all household members and dividing it by the number of equivalent household members.
The calculations are based on annual (net) disposable household income (income in cash). Disposable household income in cash includes net incomes of all household members (employee cash or near cash income, including supplement for meals and transport to work, cash benefits or loses from self-employment, pensions, unemployment benefits, sickness benefits, education-related allowances, family allowances and social benefits, interests, dividends, regular inter-household cash transfers received) less regular inter-household cash transfers paid and regular taxes on wealth, including compensation for the use of building land. To income in cash calculated in this way part of income in kind (benefit for the use of company car for private purposes and the value of withdrawals from a business by a self-employed person) is added.

YEAR

Income, poverty and social exclusion indicators are published for the SILC (Statistics on Income and Living Conditions) survey year. The data on income for calculating these indicators are from a year earlier, i.e. the year before the survey is conducted.
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- Methodological explanations