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Albania vs Zambia (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Sunday, 12th January 2025

The Standard of living in Albania is 1.77 times better as compared to Zambia.

In this page, you will find side-by-side Standard of Living comparison between Albania and Zambia. We have created 53 standard-of-living indicators. We average the values and ranges of all those indicators and take a mathematically calculated approach to determine which country has a better standard of living between Albania and Zambia.

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$25.297 billion USD$29.536 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
8,877 USD1,435 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.340.57
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
6.73 % annually10.88 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
82.4 % of GDP71.4 % of GDP
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Gross Domestic Product (GDP) is a measure of the total value of all goods and services produced within a country in a specific time period, usually a year. It is used to gauge the economic performance of a country and indicates how wealthy and productive a nation is. In simple terms, GDP tells us how much a country is producing and how well its economy is doing.


As per the statistics from the World Bank Data for the year 2023, the total GDP of Albania is $25.297 billion USD and that of Zambia is $29.536 billion USD.


On the other hand, Gross Domestic Product (GDP) Per Capita is the average economic output per person in a country. Simply put, it shows how much, on average, each person contributes to the economy, giving an idea of the standard of living and economic well-being of the people in that country.


From the above data, we can say that a person living and working in Albania contributes more to the country's economy compared to a person working in Zambia.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.7890.569
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.630.4
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
98.5% (15 years+ above age)87.5% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
76.4 years61 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
66.7 years53 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
22% of total Population60% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
11.58% of total labor force5.91% of total labor force

The Human Development Index (HDI) is a measure used to assess the overall well-being and quality of life of people living in a country. The key dimensions that give a country good HDI rank are a long and healthy life, being knowledgeable and having a decent standard of living.


From the above given statistics, we can see that the HDI of Albania is [ 0.789 ] and the HDI of Zambia is [ 0.569 ].

The data shows that the people living in Albania has better income, life expectancy and education level compared to Zambia.

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
113.37 % of GDP76.91 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
7.27 % of GDP6.62 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
0.15 % of GDP0.28 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
2.75 % of GDP3.58 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
805 million USD474 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
2,658,000502,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.58 % of GDP1.19 (% of GDP)

The total Gross National Expenditure of Albania is 113.37% of its GDP and the total Gross National Expenditure of Zambia is 76.91% of its GDP.

From the above data, we can say that Albania spends 1.47 times more of its GDP on Gross National Expenditure compared to Zambia.

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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
18.8
(Per 10,000 People)
2.96
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
58.3
(Per 10,000 People)
18.6
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
10.9
(Per 10,000 People)
0.71
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
2.89
(Per 1000 People)
2
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
88.4 % of total Population96.9 % of total Population

Albania has 6.35 times more Doctors compared to Zambia (Per 10,000 People).

Albania has 3.13 times more Nurses compared to Zambia (Per 10,000 People).

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Environmental Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
11,363.3 Sq Km238,390 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
7,889 Sq Km446,258.12 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.11 kg per PPP $ of GDP0.13 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
100 % of total Population47.8 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
82.61 % of total Population21.23 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
0.79 Billion cubic meters1.57 Billion cubic meters

100% of the total Population of Albania has access to the electricity in their homes, whereas, in case of Zambia, 47.8% of the total Population has access to electricity.

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Business Registration Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
4.5 Days8.5 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
3,365 (New Businesses)17,300 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
1.8 (Per 1000 People)1.56 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
10.8 % of GNI Per Capita34 % of GNI Per Capita

In the year 2023, 3,365 new businesses got registered in Albania and 17,300 new businesses got registered in Zambia.

It usually takes 4.5 days in Albania and 8.5 days in Zambia to register a new business legally and systematically.

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Import & Export Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
44.91 % of GDP39.11 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
0.26 % of Merchandise Imports19.34 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
77.3 USD 380 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
10 Hours120 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
10 USD 175 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
8 Hours72 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
39.62 % of GDP40.78 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
0.41 % of Merchandise Exports4.1 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
54.67 USD370 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
9 Hours120 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
10 USD200 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
6 Hours96 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of albania
Albania
Image illustrating the flag of albania
Pictorial representation of map of zambia
Zambia
Image illustrating the flag of zambia
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
17.76 % of GDP45.39 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
18.2 % of GDP16.78 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
0.00001 % of Tax Revenue0.04 % of Tax Revenue
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
45.59 % of Tax Revenue22.64 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
1.36 % of Revenue4.92 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
252 Hours158 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
2.21 % of Tax Revenue7.1 % of Tax Revenue

The taxes charged by Albania on international trade is 1.36% of the total revenue and the taxes charged by Zambia on international trade is 4.92% of the total revenue.

The Taxes charged on International Trade by Albania is 3.62 times less of its total revenue than of Zambia.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Albania and Zambia.

For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.

The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.

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