Image illustrating the map of Benin
Comparedoo
Image illustrating the map of Chile
Header top banner ads

Benin vs Chile (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Sunday, 12th January 2025

The Standard of living in Benin is 2.19 times lesser as compared to Chile.

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

Header top banner ads

Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$19.940 billion USD$344.400 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
1,449 USD17,253 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.480.46
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
2.73 % annually7.58 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
Yet to Update13.1 % of GDP
Header top banner ads

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 Benin is $19.940 billion USD and that of Chile is $344.400 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 Benin contributes less to the country's economy compared to a person working in Chile.

Header top banner ads
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.5450.860
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.40.65
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
47.1% (15 years+ above age)97.16% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
64 years79 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
55.7 years67.7 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
38.5% of total Population10.8% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
1.45% of total labor force9.04% 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 Benin is [ 0.545 ] and the HDI of Chile is [ 0.860 ].

The data shows that the people living in Benin has lower income, life expectancy and education level compared to Chile.

Header top banner ads

Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
108.96 % of GDP98.69 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
2.58 % of GDP9.34 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
Yet to Update0.33 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
3.21 % of GDP4.04 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
130 million USD720 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
337,0005,431,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
0.56 % of GDP1.83 (% of GDP)

The total Gross National Expenditure of Benin is 108.96% of its GDP and the total Gross National Expenditure of Chile is 98.69% of its GDP.

From the above data, we can say that Benin spends 1.10 times more of its GDP on Gross National Expenditure compared to Chile.

Header top banner ads

Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
2.12
(Per 10,000 People)
29.7
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
5.82
(Per 10,000 People)
46
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
0.31
(Per 10,000 People)
6.3
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
0.5
(Per 1000 People)
2.06
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
83.2 % of total Population95 % of total Population

Benin has 14.01 times less Doctors compared to Chile (Per 10,000 People).

Benin has 7.90 times less Nurses compared to Chile (Per 10,000 People).

Header top banner ads

Environmental Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
39,500 Sq Km105,955.37 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
30,851.5 Sq Km183,336.2 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.19 kg per PPP $ of GDP0.17 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
56.5 % of total Population100 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
33.97 % of total Population90.19 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
0.13 Billion cubic meters35.37 Billion cubic meters

56.5% of the total Population of Benin has access to the electricity in their homes, whereas, in case of Chile, 100% of the total Population has access to electricity.

Header top banner ads

Business Registration Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
8.5 Days4 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
5,560 (New Businesses)145,590 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
0.76 (Per 1000 People)10.82 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
3.5 % of GNI Per Capita2.7 % of GNI Per Capita

In the year 2023, 5,560 new businesses got registered in Benin and 145,590 new businesses got registered in Chile.

It usually takes 8.5 days in Benin and 4 days in Chile to register a new business legally and systematically.

Header top banner ads

Import & Export Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
30.16 % of GDP29.83 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
17.05 % of Merchandise Imports21.01 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
599.11 USD 290 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
82 Hours54 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
110 USD 50 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
58.67 Hours36 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
21.19 % of GDP31.14 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
0.002 % of Merchandise Exports1.81 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
354.33 USD290 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
78 Hours60 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
80 USD50 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
48 Hours24 Hours
Header top banner ads

Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of benin
Benin
Image illustrating the flag of benin
Pictorial representation of map of chile
Chile
Image illustrating the flag of chile
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
23.4 % of GDP19.34 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
10.79 % of GDP21.27 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
1.85 % of Tax RevenueYet to Update
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
8.5 % of Tax Revenue41.06 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
41.22 % of Revenue0.87 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
270 Hours296 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
62.02 % of Tax Revenue1.06 % of Tax Revenue

The taxes charged by Benin on international trade is 41.22% of the total revenue and the taxes charged by Chile on international trade is 0.87% of the total revenue.

The Taxes charged on International Trade by Benin is 47.38 times more of its total revenue than of Chile.

Header top banner ads

We hope you enjoyed the detailed guide on the standard of living comparsion between Benin and Chile.

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.

Pictorial representation of the map of Benin
Benin
v/s
Lesotho
Pictorial representation of the map of Lesotho
Pictorial representation of the map of Benin
Benin
v/s
Mauritius
Pictorial representation of the map of Mauritius
Pictorial representation of the map of Benin
Benin
v/s
Liberia
Pictorial representation of the map of Liberia
Pictorial representation of the map of Benin
Benin
v/s
Czech Republic
Pictorial representation of the map of Czech Republic
Pictorial representation of the map of Benin
Benin
v/s
Venezuela
Pictorial representation of the map of Venezuela
Pictorial representation of the map of Benin
Benin
v/s
Tajikistan
Pictorial representation of the map of Tajikistan
Pictorial representation of the map of Benin
Benin
v/s
Serbia
Pictorial representation of the map of Serbia
Pictorial representation of the map of Benin
Benin
v/s
Andorra
Pictorial representation of the map of Andorra
Pictorial representation of the map of Benin
Benin
v/s
Austria
Pictorial representation of the map of Austria
Pictorial representation of the map of Benin
Benin
v/s
Uruguay
Pictorial representation of the map of Uruguay
Pictorial representation of the map of Benin
Benin
v/s
Turkey
Pictorial representation of the map of Turkey