Bangladesh's Eighth Five Year Plan (2021-25): Development Strategy and Interests of the 'Left Behind'
2. Faultlines of the Recent Development
Experience
2.4 Disjuncture between aggregate and disaggregate outcomes
A.
National Consumption, Income & Asset Inequality Increased
Between 2010 & 2016
Consumption Inequality
Average annual consumption fell from 79 (as a percentage of GDP) to 75 (as a
percentage of GDP) from 2010 to 2016 and poorer households experienced slower
consumption growth compared to richer households.
Income Inequality:
GNI index increased from 32.10 in 2010 to 39.5 in 2018. (Income inequality
increased by 7.4%)
Growing concentration of income accelerated during 2010-2016. The ratio of
average household Real Income Per Month for the top 5% and the bottom 5%
increased from 32 to 121.
Asset Inequality:
Top 5% households had 1283 times higher (BBS,2010) share of asset than the
bottom 5% households, this was 800 times higher in 2005 (BBS,2005)
Deb. Bhattacharya: Development Strategy and the Left BehindView entire presentation