Published: Monday, 21th October 2024
The Standard of living in Belarus is 1.04 times lesser as compared to Cuba.
In this page, you will find side-by-side Standard of Living comparison between Belarus and Cuba. 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 Belarus and Cuba.
Indicators | Belarus | Cuba |
---|---|---|
Gross Domestic Product (GDP)(2023) | $68.864 billion USD | $147.194 billion USD |
GDP Per Capita (2023) | 7,477 USD | 13,128 USD |
GINI Ratio (2023) | 0.25 | 0.38 |
Inflation on Consumer Prices (2023) | 5 % annually | Yet to Update |
Central Government Debt (2023) | 33.2 % of GDP | Yet to Update |
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 Belarus is $68.864 billion USD and that of Cuba is $147.194 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 Belarus contributes less to the country's economy compared to a person working in Cuba.
Indicators | Belarus | Cuba |
---|---|---|
Human Development Index (HDI) (2024) | 0.801 | 0.764 |
Human Capital Index (HCI) (2024) | 0.7 | Yet to Update |
Literacy Rate (2023) | 99.87% (15 years+ above age) | 99.67% (15 years+ above age) |
Life Expectancy Ratio (2023) | 73.1 years | 73.7 years |
Healthy Life Expectancy Ratio (2023) | 63.7 years | 64.6 years |
Poverty Ratio (2023) | 4.8% of total Population | Yet to Update |
Unemployment Rate (2023) | 3.57% of total labor force | 1.16% 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 Belarus is [ 0.801 ] and the HDI of Cuba is [ 0.764 ].
The data shows that the people living in Belarus has better income, life expectancy and education level compared to Cuba.
Indicators | Belarus | Cuba |
---|---|---|
Gross National Expenditure (2023) | 96.89 % of GDP | 108.78 % of GDP |
Total Health Expenditure (2023) | 6.57 % of GDP | 13.79 % of GDP |
Research and Development Expenditure (2023) | 0.48 % of GDP | 0.32 % of GDP |
Government Expenditure on Education (2023) | 5.19 % of GDP | 9.39 % of GDP |
International Tourism Expenditure (2023) | 477 million USD | Yet to Update |
Number of International Tourists Arrivals (2023) | 3,598,000 | 1,086,000 |
Military Expenditure (2023) | 1.2 % of GDP | 2.88 (% of GDP) |
The total Gross National Expenditure of Belarus is 96.89% of its GDP and the total Gross National Expenditure of Cuba is 108.78% of its GDP.
From the above data, we can say that Belarus spends 1.12 times less of its GDP on Gross National Expenditure compared to Cuba.
Indicators | Belarus | Cuba |
---|---|---|
Number of Doctors (2023) | 44.7 (Per 10,000 People) | 94.3 (Per 10,000 People) |
Number of Nurses (2023) | 105.23 (Per 10,000 People) | 75.7 (Per 10,000 People) |
Number of Pharmacists (2023) | 4.34 (Per 10,000 People) | Yet to Update |
Available Hospital Beds (2023) | 10.83 (Per 1000 People) | 5.33 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023) | 99.9 % of total Population | 99.1 % of total Population |
Belarus has 2.11 times less Doctors compared to Cuba (Per 10,000 People).
Belarus has 1.39 times more Nurses compared to Cuba (Per 10,000 People).
Indicators | Belarus | Cuba |
---|---|---|
Agricultural Land (2023) | 81,740 Sq Km | 64,010 Sq Km |
Forest Area (2023) | 87,821 Sq Km | 32,420 Sq Km |
CO2 Emissions (2023) | 0.23 kg per PPP $ of GDP | Yet to Update |
Access to Electricity (2023) | 100 % of total Population | 100 % of total Population |
Access to Internet (2023) | 89.51 % of total Population | 71.12 % of total Population |
Annual Fresh Water Withdrawals (2023) | 1.33 Billion cubic meters | 6.96 Billion cubic meters |
100% of the total Population of Belarus has access to the electricity in their homes, whereas, in case of Cuba, 100% of the total Population has access to electricity.
Indicators | Belarus | Cuba |
---|---|---|
Time Required to Start a Business (2023) | 8.5 Days | Yet to Update |
New Businesses Registered (2023) | 7,820 (New Businesses) | Yet to Update |
New Businesses Registration Density (2023) | 1.29 (Per 1000 People) | Yet to Update |
Cost of Business Start-Up Procedures (2023) | 0.5 % of GNI Per Capita | Yet to Update |
Indicators | Belarus | Cuba |
---|---|---|
Imports of Goods and Services (2023) | 66.18 % of GDP | 48.79 % of GDP |
Total Fuel Imports (2023) | 20.4 % of Merchandise Imports | 28.82 % of Merchandise Imports |
Cost to Import Border Compliance (2023) | Yet to Update | Yet to Update |
Time to Import Border Compliance (2023) | Yet to Update | Yet to Update |
Cost to Import Documentary Compliance (2023) | Yet to Update | Yet to Update |
Time to Import Documentary Compliance (2023) | 3.5 Hours | Yet to Update |
Indicators | Belarus | Cuba |
---|---|---|
Exports of Goods and Services (2023) | 66.82 % of GDP | 40.01 % of GDP |
Total Fuel Exports (2023) | 12.61 % of Merchandise Exports | 3.22 % of Merchandise Exports |
Cost to Export Border Compliance (2023) | 65 USD | Yet to Update |
Time to Export Border Compliance (2023) | 7.35 Hours | Yet to Update |
Cost to Export Documentary Compliance (2023) | 60 USD | Yet to Update |
Time to Export Documentary Compliance (2023) | 4 Hours | Yet to Update |
Indicators | Belarus | Cuba |
---|---|---|
Gross National Savings (2023) | 25.12 % of GDP | Yet to Update |
Tax Revenue (2023) | 11.23 % of GDP | Yet to Update |
Taxes on Exports (2023) | 3.06 % of Tax Revenue | Yet to Update |
Taxes on Goods and Services (2023) | 29.03 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023) | 7.25 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023) | 170 Hours | Yet to Update |
Customs and Other Import Duties (2023) | 10.31 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Belarus and Cuba.
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