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Between 2008 and 2015, the share of the population living with less than 40 percent of the median rent per consumption unit in Spain increased significantly, from 7.4 to 11.2 percent. The downward trend experienced since 2015 ended in 2020, when the share of the population living in severe poverty was 9.5 percent, up from 9.2 percent the two previous years. In 2023, 8.3 percent of the population lived in severe poverty.