Helsinki (16.08.2013 - Heikki Jokinen) Poverty in Finland has been increasing steadily since 1993, though in 2011 there was a slight downward trend. Poverty is defined as a situation where the net income of a family falls below 60 per cent of the median household income. For example, in a family of one person this means an annual income of 13,640 euro or 1,140 euro per month.
According to Statistics Finland poverty affects 13.2 per cent of the Finnish population. In 2010 some 700,000 people were thus classified. 63,000 were wage and salary earners, 38,000 entrepreneurs, 121,000 students and 191,000 pensioners.
The emerging problem is in-work poverty, when a wage or salary is not enough to meet the necessary costs of living. And this is a relatively new situation.