05202018Headline:

Jan 20: Iran’s wealth gap – tens of millions struggle to get by

Recent anti-government demonstrations in Iran exposed the growing divide between rich and poor. While one or two percent of the population enjoy a luxurious lifestyle, millions of Iranians are struggling to make ends meet.

In 2017, Iran’s government set the poverty line at about $480 a month per household. Thirty-three percent of the population lives below the line, that’s more than 24 million people. But it’s also a struggle for many living above the line.

The median income for an average household is about $885, just $2 more than the minimum they need to get by. That means that for most Iranians there is virtually nothing left to save for the future.

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