What percentage of the population in Bangladesh lives on $3.20 or less?

The correct answer states that approximately 30% of the population in Bangladesh lives on $3.20 or less. This figure highlights a significant aspect of the economic conditions faced by a substantial portion of the population. Understanding this statistic is crucial for various reasons.

Firstly, it sheds light on the challenges related to poverty and living standards in Bangladesh. Living on $3.20 or less per day is indicative of extreme economic constraints, affecting individuals' ability to afford basic needs such as food, healthcare, and education.

Moreover, this statistic is relevant in discussing the effectiveness of government policies, international aid, and economic development programs aimed at improving living conditions. It can serve as a benchmark for measuring progress in poverty reduction over time, contextualizing the ongoing efforts to enhance income levels and access to resources for the Bangladeshi population.

Additionally, the economic context in Bangladesh must be considered when comparing it to other nations, particularly in the realm of development studies. By recognizing the proportion of the population living under this financial threshold, stakeholders—including policymakers, NGOs, and researchers—can formulate better-targeted interventions to uplift the living standards of those affected.