According to the latest statistics published by the National Social Security Institute (INSS), the Minimum Vital Income (IMV) payroll in June reached 23,933 households in Extremadura, where 72,684 people live. The average amount of the benefit is 402.27 euros per household and, overall, this month’s payroll has amounted to 17.65 million euros.
In the month of June, there are 5,272 active benefits more than there were a year ago, which means an increase of 28.25%. These households are home to 17,338 beneficiaries more than those registered in June 2023 (+31.33%).
In cumulative terms since June 2020, when this benefit was launched, in the midst of a pandemic, the IMV has reached 33,082 homes and protected the 97,623 people who are part of them; 41,414 of them are children and adolescents, 42.5% of the total.
Since the entry into force of this policy, Social Security has allocated 379.6 million euros to pay the payroll for IMV benefits in Extremadura.
Underage
The IMV is a benefit aimed at preventing the risk of poverty and social exclusion of people who live alone or are integrated into a coexistence unit and lack basic economic resources. In addition, one of its main objectives is to address child poverty.
73.6% of the living units receiving this benefit in Extremadura are households with minors (17,623). Among them, there are .4,077 single-parent households. If we look at the profile of the beneficiaries of the IMV, 42.1% are minors: 30,591.
The beneficiaries of the IMV are also characterized by having a strong female profile. In October, 75.8% of headlines and 53.5% of beneficiaries in Extremadura are women.
On the other hand, 94.1% of the total number of holders are of Spanish nationality and their average age is 43 years.