With prices having skyrocketed across all sectors, likely as a result of massive COVID-19 government spending compounded by the economic fallout from the sanctions against Russia over the war in Ukraine, an increasing number of Swedes are falling into poverty and are unable to afford basic necessities.
Despite the fact that absolute poverty in Sweden has decreased since the 1990s, the gap between the high and low earners continues to increase. Today, over half a million Swedes now find themselves unable to pay for the most basic expenses, with more and more people having to turn to charitable organizations in order not to starve, SvD Näringsliv reports.
