Published: Monday, 21th October 2024
The Standard of living in Chile is 2.12 times better as compared to Sudan.
In this page, you will find side-by-side Standard of Living comparison between Chile and Sudan. 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 Chile and Sudan.
Indicators | Chile | Sudan |
---|---|---|
Gross Domestic Product (GDP)(2023) | $344.400 billion USD | $25.569 billion USD |
GDP Per Capita (2023) | 17,253 USD | 533 USD |
GINI Ratio (2023) | 0.46 | 0.34 |
Inflation on Consumer Prices (2023) | 7.58 % annually | 138.81 % annually |
Central Government Debt (2023) | 13.1 % of GDP | 8.7 % of GDP |
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 Chile is $344.400 billion USD and that of Sudan is $25.569 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 Chile contributes more to the country's economy compared to a person working in Sudan.
Indicators | Chile | Sudan |
---|---|---|
Human Development Index (HDI) (2024) | 0.860 | 0.516 |
Human Capital Index (HCI) (2024) | 0.65 | 0.38 |
Literacy Rate (2023) | 97.16% (15 years+ above age) | 60.7% (15 years+ above age) |
Life Expectancy Ratio (2023) | 79 years | 67.6 years |
Healthy Life Expectancy Ratio (2023) | 67.7 years | 58.5 years |
Poverty Ratio (2023) | 10.8% of total Population | 46.5% of total Population |
Unemployment Rate (2023) | 9.04% of total labor force | 11.45% 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 Chile is [ 0.860 ] and the HDI of Sudan is [ 0.516 ].
The data shows that the people living in Chile has better income, life expectancy and education level compared to Sudan.
Indicators | Chile | Sudan |
---|---|---|
Gross National Expenditure (2023) | 98.69 % of GDP | 99.88 % of GDP |
Total Health Expenditure (2023) | 9.34 % of GDP | 2.84 % of GDP |
Research and Development Expenditure (2023) | 0.33 % of GDP | 0.22 % of GDP |
Government Expenditure on Education (2023) | 4.04 % of GDP | 2.02 % of GDP |
International Tourism Expenditure (2023) | 720 million USD | 13 million USD |
Number of International Tourists Arrivals (2023) | 5,431,000 | 836,000 |
Military Expenditure (2023) | 1.83 % of GDP | 0.92 (% of GDP) |
The total Gross National Expenditure of Chile is 98.69% of its GDP and the total Gross National Expenditure of Sudan is 99.88% of its GDP.
From the above data, we can say that Chile spends 1.01 times less of its GDP on Gross National Expenditure compared to Sudan.
Indicators | Chile | Sudan |
---|---|---|
Number of Doctors (2023) | 29.7 (Per 10,000 People) | 2.63 (Per 10,000 People) |
Number of Nurses (2023) | 46 (Per 10,000 People) | 11.4 (Per 10,000 People) |
Number of Pharmacists (2023) | 6.3 (Per 10,000 People) | 0.25 (Per 10,000 People) |
Available Hospital Beds (2023) | 2.06 (Per 1000 People) | 0.74 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023) | 95 % of total Population | 79.1 % of total Population |
Chile has 11.29 times more Doctors compared to Sudan (Per 10,000 People).
Chile has 4.04 times more Nurses compared to Sudan (Per 10,000 People).
Indicators | Chile | Sudan |
---|---|---|
Agricultural Land (2023) | 105,955.37 Sq Km | 1,126,648.4 Sq Km |
Forest Area (2023) | 183,336.2 Sq Km | 181,873.9 Sq Km |
CO2 Emissions (2023) | 0.17 kg per PPP $ of GDP | 0.13 kg per PPP $ of GDP |
Access to Electricity (2023) | 100 % of total Population | 63.2 % of total Population |
Access to Internet (2023) | 90.19 % of total Population | 28.4 % of total Population |
Annual Fresh Water Withdrawals (2023) | 35.37 Billion cubic meters | 26.93 Billion cubic meters |
100% of the total Population of Chile has access to the electricity in their homes, whereas, in case of Sudan, 63.2% of the total Population has access to electricity.
Indicators | Chile | Sudan |
---|---|---|
Time Required to Start a Business (2023) | 4 Days | 34.5 Days |
New Businesses Registered (2023) | 145,590 (New Businesses) | Yet to Update |
New Businesses Registration Density (2023) | 10.82 (Per 1000 People) | Yet to Update |
Cost of Business Start-Up Procedures (2023) | 2.7 % of GNI Per Capita | 17.8 % of GNI Per Capita |
It usually takes 4 days in Chile and 34.5 days in Sudan to register a new business legally and systematically.
Indicators | Chile | Sudan |
---|---|---|
Imports of Goods and Services (2023) | 29.83 % of GDP | 1.04 % of GDP |
Total Fuel Imports (2023) | 21.01 % of Merchandise Imports | 12.86 % of Merchandise Imports |
Cost to Import Border Compliance (2023) | 290 USD | 1,092.5 USD |
Time to Import Border Compliance (2023) | 54 Hours | 144 Hours |
Cost to Import Documentary Compliance (2023) | 50 USD | 420 USD |
Time to Import Documentary Compliance (2023) | 36 Hours | 132 Hours |
Indicators | Chile | Sudan |
---|---|---|
Exports of Goods and Services (2023) | 31.14 % of GDP | 1.16 % of GDP |
Total Fuel Exports (2023) | 1.81 % of Merchandise Exports | 14.3 % of Merchandise Exports |
Cost to Export Border Compliance (2023) | 290 USD | 966.5 USD |
Time to Export Border Compliance (2023) | 60 Hours | 180 Hours |
Cost to Export Documentary Compliance (2023) | 50 USD | 427.5 USD |
Time to Export Documentary Compliance (2023) | 24 Hours | 190 Hours |
Indicators | Chile | Sudan |
---|---|---|
Gross National Savings (2023) | 19.34 % of GDP | 4.99 % of GDP |
Tax Revenue (2023) | 21.27 % of GDP | 7.39 % of GDP |
Taxes on Exports (2023) | Yet to Update | 0.76 % of Tax Revenue |
Taxes on Goods and Services (2023) | 41.06 % of Tax Revenue | 59.79 % of Tax Revenue |
Taxes on International Trade (2023) | 0.87 % of Revenue | 15.65 % of Revenue |
Time to Prepare and Pay Taxes (2023) | 296 Hours | 180 Hours |
Customs and Other Import Duties (2023) | 1.06 % of Tax Revenue | 35.54 % of Tax Revenue |
The taxes charged by Chile on international trade is 0.87% of the total revenue and the taxes charged by Sudan on international trade is 15.65% of the total revenue.
The Taxes charged on International Trade by Chile is 17.99 times less of its total revenue than of Sudan.
We hope you enjoyed the detailed guide on the standard of living comparsion between Chile and Sudan.
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