The information was disclosed in a report unveiled on Monday
Bangladesh’s poverty rate came down at 21.8% while the poverty rate, as per the lower poverty line or people living in extreme poverty, came down to 11.3% in 2018, according to the latest data of the Bangladesh Bureau of Statistics (BBS).
The information was disclosed at a press conference at the BBS Bhaban Monday afternoon to reveal the final data of the Household Income and Expenditure Survey (HIES)-2016.
BBS Director General Dr Krishna Gain revealed the final results of the survey while HIES Project Director Dr Dipankar Roy was also present, reports BSS
The HIES 2016 findings showed that Bangladesh’s poverty rate as per the upper poverty line came down to 24.3% in 2016 which had been 40% in 2005. The poverty rate in 2016 as per the lower poverty line or people living in extreme poverty came down to 12.9% which was had been 25.1% in 2005.
“According to the growth elasticity model, the poverty rate as per upper poverty line was 21.8% while the poverty rate as per lower poverty line was 11.3% in 2018,” said Dr Dipankar.
He also hoped that Bangladesh would be able to attain the related SDG target by 2030 by eradicating poverty.
Dr Krishna said there is no difference between the preliminary data and final data of the HIES 2016 while the printed publication of the HIES 2016 can be expected to be available within May.
The preliminary data of the HIES 2016 was first published in October 2017 marking the 25th International Day for Poverty Reduction, she added.
According to the previous HIES 2010, the poverty rate at national level in the country was 31.5% with high poverty rate at the rural level being 35.2%, with 21.3% at the urban level.
The HIES 2016 also showed that the extreme poverty rate came down to 12.9% at the national level with highest 14.9% at the rural level, with the lowest being 7.6% at the urban level.
According to HIES 2010 data, the extreme poverty rate was 17.6% at the national level with the highest 21.1% at the rural level, and the lowest being 7.7% at the urban level.
The HIES 2016 was done in a very large sample of 2,304 primary sampling units (PSUs) comprising 46,076 households. Thus, HIES 2016 covered nearly four times higher sample than 2010.
The field operation was done during April 2016 through March, 2017. The first HIES survey in Bangladesh was conducted during the fiscal year 1973-74.
Among the key HIES 2016 survey findings, it was found that the monthly income of the households increased to Tk15,988 in 2016 from Tk11,479 in 2010. Similarly, monthly household expenditure increased to Tk15,715 in 2016 from Tk11,200 in 2010.
There exists variation in income between rural and urban areas of the country.
The standard of living of households improved in 2016 compared to 2010. The wall materials of households with durable materials increased from 25.12% in 2010 to 30.50% in 2016.
Substantial increase in access to electricity is observed in 2016. It increased from 55.26% in 2010 to 75.92% in 2016. The use of mobile phone increased from 63.7% in 2010 to 92.5% in 2016.
The literacy rate increased from 57.9% in 2010 to 65.6% in 2016. Female literacy rate increased from 54.8% in 2010 to 63.4% in 2016.
The access to social safety net which contributes in poverty reduction increased substantially during the 2010-2016. The households and program beneficiaries under different social safety net programs were 24.6% in HIES 2010, whereas it increased to 27.8% at the household level, and 28.7% at the individual level in HIES 2016.
In case of school enrollment aged 6-10 years, the enrollment rate among the poor increased to 90.2 percent in 2016 which had been 78.33% in 2010.
The enrollment rate among the non-poor also increased to 95% in 2016 which had been 89% in 2010.
Besides, the per capita per day food intake of pulses, vegetables, fish, meat, egg, increased in 2016 compared to 2010 period.