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15.12.2011

POVERTY ANALYSIS IN MONTENEGRO IN 2010


Statistical Office of Montenegro – MONSTAT has published for the first time in 2008 results of the poverty analysis for 2005 and 2006 in cooperation with World Bank and with support of Ministry of Health, Labor and Social Welfare. In this publication there are presented results of poverty analysis in Montenegro for 2010 with presentation of basic trends for period 2008-2010. Poverty estimations are based on national absolute poverty line which was made according to the methodology recommended by World Bank. In the period 2006-2010 for estimations the same methods and procedures are used that provides good comparison of results over the time and observation of the main poverty trends.

Main data source for estimation of poverty in the observed period is Household Budget Survey which is regularly done on annual basis by MONSTAT. Main indicator of living standard it was selected consumption of household. In order to have better comparison of standards by household it was done correction for differences in household size by using of modified OECD scale and correction for regional differences in price level.

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