Friday, October 20, 2017

Bangladesh Poverty

Around 10 per cent of rich Bangladeshis hold 38 per cent of the country's total income while some 10 per cent of the poor owns only one per cent of total income, according to a new survey by the Bangladesh Bureau of Statistics (BBS).

The survey shows inequality in income between the rich and the poor has widened.

The 10 per cent extreme poor people of the country earned two per cent of the country's total income six years ago and it has now reduced to 1.1 per cent.

The top 10 per cent rich people earn 38.16 per cent of total income which was 35.84 per cent six years ago,

Top 30 per cent people, in terms of income, earn two-thirds of the country's total income.

 2016 also showed the country's poverty rate has come down to 24.3 per cent although it is still high in rural area with 26.4 per cent while 18.9 per cent in urban area. In 2010, the poverty rate at national level in the country was 31.5 percent with high poverty rate at the rural level having 35.2 per cent while 21.3 per cent at the urban level.

2016 showed that the extreme poverty rate came down to 12.9 per cent at the national level with highest 14.9 per cent at the rural level while the lowest 7.6 per cent at the urban level. In 2010, the extreme poverty rate was 17.6 per cent at the national level with the highest 21.1 per cent at the rural level and the lowest 7.7 per cent at the urban level.

0 comments: