Household income doubled in 6 years: BBS

Data from the latest Household Income and Expenditure Survey (HIES) has revealed that household income has increased in the country while poverty and extreme poverty rates have declined throughout the nation.

The household's average monthly income has increased in nominal terms to Tk 32,422 in 2022, from Tk 15,988 in 2016 and Tk 11,479 in 2010, according to the Bangladesh Bureau of Statistics (BBS).

In the final report of HIES 2022 launched Wednesday, the BBS made significant developments by selecting the quality enumerators, conducting residential

training, Introducing CAPI (Computer Assisted Personal Interviewing), improving data collection tools, substantially increasing the number of food and non-food items based on COICOP (Classification of Individual Consumption by Purpose), and implementing continuous monitoring and supervision etc.

This has resulted in an improvement in data tracking and accuracy during the survey, which has been reflected in the consumption, income and expenditure aggregates.

The Dissemination Program of the 'Final Report of Household Income and Expenditure Survey (HIES) 2022' was held  at BBS Auditorium in the capital's Agargaon area.

Planning Minister MA Mannan addressed the function through video message as the chief guest.

Dr. Hossain Zillur Rahman, Executive Chairman, PPRC and Chairman, BRAC, Dr. Shahnaz Arefin ndc, Secretary, Statistics and Informatics Division (SID), Ministry of Planning and Dr. Md. Kawser Ahmed, Member (Secretary), General

Economics Division (GED) were present as special guests.

Mohammed Mizanur Rahman, Director General of the Bangladesh Bureau of Statistics (BBS), chaired the program.

/KN/