In Spain barely 3.3% of the total of social transfers in the year 2016
targeted children, against the European average of 9%. However, this study
shows that it is the most effective way of eradicating poverty.
Individuals in low-income households are increasingly more likely to have
no wealth or have debt. Between 2002 and 2017, the share of individuals
living in households that had debt increased from 3% to 9%.