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Cabo Verde vs Lebanon (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Monday, 13th January 2025

The Standard of living in Cabo Verde is 1.03 times lesser as compared to Lebanon.

In this page, you will find side-by-side Standard of Living comparison between Cabo Verde and Lebanon. 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 Cabo Verde and Lebanon.

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$2.598 billion USD$21.780 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
4,502 USD3,283 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.420.32
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
7.93 % annually221.34 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
Yet to Update128.6 % 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 Cabo Verde is $2.598 billion USD and that of Lebanon is $21.780 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 Cabo Verde contributes more to the country's economy compared to a person working in Lebanon.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.6610.723
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
Yet to Update0.52
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
91% (15 years+ above age)87.27% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
73.2 years74.3 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
63.8 years63.2 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
35.2% of total Population27.4% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
11.99% of total labor force11.56% 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 Cabo Verde is [ 0.661 ] and the HDI of Lebanon is [ 0.723 ].

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

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
114.42 % of GDP136.37 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
6.9 % of GDP10.06 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
0.07 % of GDPYet to Update
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
6.04 % of GDP1.67 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
59 million USD1,699 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
180,0001,936,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
0.55 % of GDP3.37 (% of GDP)

The total Gross National Expenditure of Cabo Verde is 114.42% of its GDP and the total Gross National Expenditure of Lebanon is 136.37% of its GDP.

From the above data, we can say that Cabo Verde spends 1.19 times less of its GDP on Gross National Expenditure compared to Lebanon.

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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
7.91
(Per 10,000 People)
26.17
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
12.36
(Per 10,000 People)
19.3
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
3.01
(Per 10,000 People)
14.9
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
2.1
(Per 1000 People)
2.73
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
98.8 % of total Population95.6 % of total Population

Cabo Verde has 3.31 times less Doctors compared to Lebanon (Per 10,000 People).

Cabo Verde has 1.56 times less Nurses compared to Lebanon (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 cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
790 Sq Km6,793 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
460.2 Sq Km1,439.3 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.18 kg per PPP $ of GDP0.23 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
97.1 % of total Population100 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
69.76 % of total Population86.59 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
0.03 Billion cubic meters1.81 Billion cubic meters

97.1% of the total Population of Cabo Verde has access to the electricity in their homes, whereas, in case of Lebanon, 100% 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 cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
9 Days15 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
7,491 (New Businesses)Yet to Update
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
18.5 (Per 1000 People)Yet to Update
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
13 % of GNI Per Capita42.3 % of GNI Per Capita

It usually takes 9 days in Cabo Verde and 15 days in Lebanon to register a new business legally and systematically.

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Import & Export Factors Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
54.14 % of GDP82.45 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
18.52 % of Merchandise Imports29.66 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
587.5 USD 790 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
60 Hours180 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
125 USD 135 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
24 Hours72 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
39.72 % of GDP46.08 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
Yet to Update0.43 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
641 USD480 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
72 Hours96 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
125 USD100 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
24 Hours48 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of cabo-verde
Cabo Verde
Image illustrating the flag of cabo-verde
Pictorial representation of map of lebanon
Lebanon
Image illustrating the flag of lebanon
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
20.83 % of GDPYet to Update
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
18.39 % of GDP5.68 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
Yet to UpdateYet to Update
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
36.17 % of Tax Revenue34.9 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
15.03 % of Revenue2.52 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
180 Hours181 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
20.34 % of Tax Revenue3.13 % of Tax Revenue

The taxes charged by Cabo Verde on international trade is 15.03% of the total revenue and the taxes charged by Lebanon on international trade is 2.52% of the total revenue.

The Taxes charged on International Trade by Cabo Verde is 5.96 times more of its total revenue than of Lebanon.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Cabo Verde and Lebanon.

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 Cabo Verde
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Pictorial representation of the map of Suriname
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Lesotho
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Saint Vincent and the Grenadines
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Pictorial representation of the map of Seychelles
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Antigua and Barbuda
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of South Korea
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Cuba
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Denmark
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Samoa
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Somalia
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Grenada
Pictorial representation of the map of Cabo Verde
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Pictorial representation of the map of Colombia