Bangladesh ranks among the countries with the highest income disparities globally, but there is another problem way worse than that: wealth inequality, which means a minuscule portion of the population owns a disproportionate amount of wealth compared to the majority.

The per capita income in Bangladesh rose by 9% year-on-year to US $2,824 in 2021-22 fiscal year, according to government data. People, however, are not seeing increase in their income, which can validate the data.

The Bangladesh Bureau of Statistics unveiled the report “Household Income and Expenditure Survey (HIES) 2016” on October 17. It is the most exhaustive nationwide survey carried out and is usually brought out every five years or so.