The poverty rate in Bangladesh has declined by 5.6 per cent to 18.7 per cent in 2022 compared to 2016, according to the latest Household Income and Expenditure Survey (HIES).
The Bangladesh Bureau of Statistics (BBS) revealed key findings of HIES 2022 at the BBS auditorium in the capital on Wednesday, adding that the poverty rate in rural areas was 20.5 per cent, which is 14.7 per cent in urban areas.
Poor population in the country was 24.3 per cent according to the HIES 2016, and the extreme poverty rate was 12.9. In 2022, the extreme poverty rate stood at 5.6 per cent.
According to the latest HIES, the average monthly household income in Bangladesh rose to Tk 32,422 in 2022, a rise of more than 102 per cent compared to the last survey conducted six years ago.
In 2016, the average monthly income was Tk 15,988, which was an increase from Tk 11,479 in 2010.
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