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ECONOMY | 05-01-2026 18:30

Poverty drops to 17.3% in Buenos Aires City, says government

Poverty rate in third quarter of last year fell to 17.3% in the capital – a drop by 10.8 percentage points from the same period of 2024.

The poverty rate in Buenos Aires City in of the third quarter of last year fell to 17.3 percent, affecting some 534,000 individuals – a drop by 10.8 percentage points from the same period of 2024.

Data released by the City government this week also showed that extreme poverty fell to 5.3 percent of residents in the capital, or some 164,000 people, as against the 11 percent observed a year ago.

Measured by households, 13.7 percent were considered poor in the third quarter of 2025, with four percent classified as in extreme poverty.

The data comes from the latest report by the Buenos Aires City Statistics and Census Institute, based on the results of its Quarterly Occupation and Income Survey (ETOI in Spanish).

This is the fourth consecutive year-on-year drop for poverty rates. According to the author's reports, there was a notable improvement in the situation of minors: poverty among children and teenagers (0-17 years old) fell from 42.6 to 27.1 percent in a year. The impact was greater on homes in South Buenos Aires City and those with children under 14 (22.6 percent).

There were notable improvements in non-poor sectors. Those classified as middle class reached 51.4 percent of homes (707,000 units), whereas affluent sectors rose to 16.1 percent of households in Buenos Aires City.

 

– TIMES/NA

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