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China vs Saint Vincent and the Grenadines (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Saturday, 11th January 2025

The Standard of living in China is 1.05 times better as compared to Saint Vincent and the Grenadines.

In this page, you will find side-by-side Standard of Living comparison between China and Saint Vincent and the Grenadines. 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 China and Saint Vincent and the Grenadines.

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$18.533 trillion USD$1 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
13,136 USD9,360 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.370.46
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
0.23 % annually4.56 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
Yet to Update53.7 % 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 China is $18.533 trillion USD and that of Saint Vincent and the Grenadines is $1 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 China contributes more to the country's economy compared to a person working in Saint Vincent and the Grenadines.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.7880.772
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.650.53
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
96.74% (15 years+ above age)96.9% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
77.6 years72.6 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
68.6 years62.9 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
Yet to UpdateYet to Update
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
4.67% of total labor force18.67% 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 China is [ 0.788 ] and the HDI of Saint Vincent and the Grenadines is [ 0.772 ].

The data shows that the people living in China has better income, life expectancy and education level compared to Saint Vincent and the Grenadines.

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
96.59 % of GDPYet to Update
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
5.38 % of GDP5.36 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
2.43 % of GDP0.11 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
3.3 % of GDP5.46 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
21,360 million USD13 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
30,402,000Yet to Update
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.6 % of GDPYet to Update
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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
25.2
(Per 10,000 People)
9.44
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
35.2
(Per 10,000 People)
73.4
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
3.21
(Per 10,000 People)
Yet to Update
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
4.31
(Per 1000 People)
2.4
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
99.6 % of total Population99.5 % of total Population

China has 2.67 times more Doctors compared to Saint Vincent and the Grenadines (Per 10,000 People).

China has 2.09 times less Nurses compared to Saint Vincent and the Grenadines (Per 10,000 People).

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Environmental Factors Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
5,206,950 Sq Km70 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
2,218,577.5 Sq Km285.4 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.43 kg per PPP $ of GDP0.14 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
100 % of total Population100 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
75.61 % of total Population84.91 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
568.48 Billion cubic meters0.01 Billion cubic meters

100% of the total Population of China has access to the electricity in their homes, whereas, in case of Saint Vincent and the Grenadines, 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 china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
8.6 Days10 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
232,064 (New Businesses)323 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
8.58 (Per 1000 People)4.6 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
1.1 % of GNI Per Capita13.9 % of GNI Per Capita

In the year 2023, 232,064 new businesses got registered in China and 323 new businesses got registered in Saint Vincent and the Grenadines.

It usually takes 8.6 days in China and 10 days in Saint Vincent and the Grenadines 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 china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
17.57 % of GDPYet to Update
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
21.03 % of Merchandise Imports12.48 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
241.25 USD 540 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
35.65 Hours48 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
77.25 USD 90 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
12.8 Hours24 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
19.74 % of GDPYet to Update
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
1.81 % of Merchandise Exports0.01 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
256.2 USD340 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
20.7 Hours28 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
73.57 USD80 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
8.63 Hours48 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of china
China
Image illustrating the flag of china
Pictorial representation of map of saint-vincent-and-the-grenadines
Saint Vincent and the Grenadines
Image illustrating the flag of saint-vincent-and-the-grenadines
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
46.05 % of GDPYet to Update
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
7.7 % of GDP23.8 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
Yet to Update0.61 % of Tax Revenue
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
29.28 % of Tax Revenue43.46 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
1.61 % of Revenue17.63 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
138 Hours108 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
3.14 % of Tax Revenue12.95 % of Tax Revenue

The taxes charged by China on international trade is 1.61% of the total revenue and the taxes charged by Saint Vincent and the Grenadines on international trade is 17.63% of the total revenue.

The Taxes charged on International Trade by China is 10.95 times less of its total revenue than of Saint Vincent and the Grenadines.

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We hope you enjoyed the detailed guide on the standard of living comparsion between China and Saint Vincent and the Grenadines.

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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