Image illustrating the map of Bangladesh
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Bangladesh vs Ethiopia (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Sunday, 12th January 2025

The Standard of living in Bangladesh is 1.47 times better as compared to Ethiopia.

In this page, you will find side-by-side Standard of Living comparison between Bangladesh and Ethiopia. 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 Bangladesh and Ethiopia.

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$455.166 billion USD$205.130 USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
2,650 USD1,910 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.500.35
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
9.88 % annually30.22 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
31.2 % of GDP31.4 % 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 Bangladesh is $455.166 billion USD and that of Ethiopia is $205.130 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 Bangladesh contributes more to the country's economy compared to a person working in Ethiopia.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.6700.492
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.460.38
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
76.36% (15 years+ above age)51.77% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
73.1 years67.8 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
63.1 years58.8 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
18.7% of total Population23.5% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
5.06% of total labor force3.5% 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 Bangladesh is [ 0.670 ] and the HDI of Ethiopia is [ 0.492 ].

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

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
105.19 % of GDP107.4 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
2.36 % of GDP3.21 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
Yet to Update0.27 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
2.05 % of GDP3.74 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
659 million USD322.50 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
323,000518,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.13 % of GDP0.9 (% of GDP)

The total Gross National Expenditure of Bangladesh is 105.19% of its GDP and the total Gross National Expenditure of Ethiopia is 107.4% of its GDP.

From the above data, we can say that Bangladesh spends 1.02 times less of its GDP on Gross National Expenditure compared to Ethiopia.

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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
6.7
(Per 10,000 People)
1.01
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
6.1
(Per 10,000 People)
7.5
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
1.01
(Per 10,000 People)
1.29
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
0.79
(Per 1000 People)
0.33
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
75.2 % of total Population73.6 % of total Population

Bangladesh has 6.63 times more Doctors compared to Ethiopia (Per 10,000 People).

Bangladesh has 1.23 times less Nurses compared to Ethiopia (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 bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
100,680 Sq Km385,950 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
18,834 Sq Km169,955 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.08 kg per PPP $ of GDP0.06 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
99.4 % of total Population55 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
38.92 % of total Population16.7 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
35.87 Billion cubic meters10.55 Billion cubic meters

99.4% of the total Population of Bangladesh has access to the electricity in their homes, whereas, in case of Ethiopia, 55% 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 bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
19.5 Days32 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
4,473 (New Businesses)34,327 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
0.04 (Per 1000 People)0.49 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
8.7 % of GNI Per Capita45.4 % of GNI Per Capita

In the year 2023, 4,473 new businesses got registered in Bangladesh and 34,327 new businesses got registered in Ethiopia.

It usually takes 19.5 days in Bangladesh and 32 days in Ethiopia 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 bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
17.83 % of GDP13.99 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
10.86 % of Merchandise Imports6.38 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
900 USD 120 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
216 Hours72.23 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
370 USD 750 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
144 Hours194 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
13.16 % of GDP6.59 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
0.56 % of Merchandise Exports0.01 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
408.17 USD171.5 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
168 Hours50.91 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
225 USD175 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
147 Hours76 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of bangladesh
Bangladesh
Image illustrating the flag of bangladesh
Pictorial representation of map of ethiopia
Ethiopia
Image illustrating the flag of ethiopia
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
34.9 % of GDP19.18 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
7.64 % of GDP4.51 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
0.0002 % of Tax Revenue2.65 % of Tax Revenue
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
43.22 % of Tax Revenue30.76 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
9.32 % of Revenue18.54 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
435 Hours300 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
11.71 % of Tax Revenue24.25 % of Tax Revenue

The taxes charged by Bangladesh on international trade is 9.32% of the total revenue and the taxes charged by Ethiopia on international trade is 18.54% of the total revenue.

The Taxes charged on International Trade by Bangladesh is 1.99 times less of its total revenue than of Ethiopia.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Bangladesh and Ethiopia.

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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