Many people don’t have the money for a week-long vacation – economy

Many people don’t have the money for a week-long vacation – economy

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Many are currently enjoying the Easter holiday – but according to data from the EU statistics agency Eurostat, 22.6 percent of people in Germany do not have the money for even a one-week holiday trip a year. The proportion is highest for single people with children at 43.2 percent. But even among families with two adults and three or more children (31.3 percent), an above-average number cannot afford a one-week vacation. Sahra Wagenknecht, member of the Bundestag, asked the Federal Statistical Office for the numbers.

The proportion of the population for whom a one-week vacation is too expensive grew by 0.4 percentage points from 2022 to 2023. In general, single people (30.4 percent) are more likely than couples (16.8 percent) to have too little money for a break, as the figures show. These values ​​have also increased slightly. Overall, this also applies to households without children who cannot afford a holiday trip: the proportion grew from 21.1 to 22.0 percent. For households with children, the proportion fell slightly from 23.7 to 23.5 percent, but was still above average.

Eurostat data shows that the proportion of the population with too little money for a week-long holiday has fluctuated at around a fifth in recent years. In 2020 it was 22.4 percent, in 2021 it was 19.9 percent, the following year it was 22.2 and last year it was 22.6 percent. The high inflation rate after the Russian attack on Ukraine may have played a role, among other things.

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