Switzerland to develop national poverty strategy

Switzerland has not yet achieved its poverty reduction target. In 2023, 8.1% of the population was living on an income below the subsistence minimum, according to the first national poverty monitoring survey. + Get the most important news from Switzerland in your inbox Switzerland is a prosperous country with a well-developed social security system. However, poverty is also present. Between 2014 and 2017, the income poverty rate rose in Switzerland. Since then, it has fluctuated between 8 and 9%, as the federal government points out in a press release. During the Covid-19 pandemic, the poverty rate remained stable thanks to the support measures put in place to overcome the economic crisis. However, the government notes in its report that Switzerland has not achieved its long-term objective of reducing poverty. National strategy in sight This report is the first solidly backed and exhaustive reference publication on poverty in Switzerland. It also gives the floor to a number of ...