Published: Monday, 21th October 2024
The Standard of living in Eswatini is 1.63 times better as compared to North Korea.
In this page, you will find side-by-side Standard of Living comparison between Eswatini and North Korea. 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 Eswatini and North Korea.
 Indicators  | Eswatini  | North Korea  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | $4.648 billion USD | $16 billion USD |
GDP Per Capita (2023)  | 3,995 USD | 640 USD |
GINI Ratio (2023)  | 0.55 | Yet to Update |
Inflation on Consumer Prices (2023)  | 2.6 % annually | Yet to Update |
Central Government Debt (2023)  | 35.4 % 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 Eswatini is $4.648 billion USD and that of North Korea is $16 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 Eswatini contributes more to the country's economy compared to a person working in North Korea.
Indicators | Eswatini | North Korea |
|---|---|---|
Human Development Index (HDI) (2024)  | 0.610 | Yet to Update |
Human Capital Index (HCI) (2024)  | 0.37 | Yet to Update |
Literacy Rate (2023)  | 89.28% (15 years+ above age) | 100% (15 years+ above age) |
Life Expectancy Ratio (2023)  | 54.6 years | 71.4 years |
Healthy Life Expectancy Ratio (2023)  | 47.5 years | 64.4 years |
Poverty Ratio (2023)  | 58.9% of total Population | Yet to Update |
Unemployment Rate (2023)  | 37.64% of total labor force | 3% 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.
Indicators | Eswatini | North Korea |
|---|---|---|
Gross National Expenditure (2023)  | 91.1 % of GDP | Yet to Update |
Total Health Expenditure (2023)  | 7.04 % of GDP | 3.4 % of GDP |
Research and Development Expenditure (2023)  | 0.27 % of GDP | Yet to Update |
Government Expenditure on Education (2023)  | 6.31 % of GDP | Yet to Update |
International Tourism Expenditure (2023)  | 36.40 million USD | Yet to Update |
Number of International Tourists Arrivals (2023)  | 345,300 | Yet to Update |
Military Expenditure (2023)  | 1.65 % of GDP | Yet to Update |
Indicators | Eswatini | North Korea |
|---|---|---|
Number of Doctors (2023)  | 1.4 (Per 10,000 People) | 0.7 (Per 10,000 People) |
Number of Nurses (2023)  | 24.7 (Per 10,000 People) | 1.5 (Per 10,000 People) |
Number of Pharmacists (2023)  | 0.41 (Per 10,000 People) | 0.1 (Per 10,000 People) |
Available Hospital Beds (2023)  | 2.1 (Per 1000 People) | 13.2 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | 98.5 % of total Population | 99.5 % of total Population |
Eswatini has 2.00 times more Doctors compared to North Korea (Per 10,000 People).
Eswatini has 16.47 times more Nurses compared to North Korea (Per 10,000 People).
Indicators | Eswatini | North Korea |
|---|---|---|
Agricultural Land (2023)  | 11,950 Sq Km | 25,950 Sq Km |
Forest Area (2023)  | 4,987.7 Sq Km | 60,088.6 Sq Km |
CO2 Emissions (2023)  | 0.11 kg per PPP $ of GDP | Yet to Update |
Access to Electricity (2023)  | 82.3 % of total Population | 54.7 % of total Population |
Access to Internet (2023)  | 58.91 % of total Population | Yet to Update |
Annual Fresh Water Withdrawals (2023)  | 1.07 Billion cubic meters | 8.66 Billion cubic meters |
82.3% of the total Population of Eswatini has access to the electricity in their homes, whereas, in case of North Korea, 54.7% of the total Population has access to electricity.
Indicators | Eswatini | North Korea |
|---|---|---|
Time Required to Start a Business (2023)  | 21.5 Days | Yet to Update |
New Businesses Registered (2023)  | 2,961 (New Businesses) | Yet to Update |
New Businesses Registration Density (2023)  | 4.14 (Per 1000 People) | Yet to Update |
Cost of Business Start-Up Procedures (2023)  | 10.7 % of GNI Per Capita | Yet to Update |
Indicators | Eswatini | North Korea |
|---|---|---|
Imports of Goods and Services (2023)  | 47.59 % of GDP | Yet to Update |
Total Fuel Imports (2023)  | 16.9 % of Merchandise Imports | Yet to Update |
Cost to Import Border Compliance (2023)  | 134.44 USD | Yet to Update |
Time to Import Border Compliance (2023)  | 3.06 Hours | Yet to Update |
Cost to Import Documentary Compliance (2023)  | 75.56 USD | Yet to Update |
Time to Import Documentary Compliance (2023)  | 3.56 Hours | Yet to Update |
Indicators | Eswatini | North Korea |
|---|---|---|
Exports of Goods and Services (2023)  | 43.83 % of GDP | Yet to Update |
Total Fuel Exports (2023)  | 1.18 % of Merchandise Exports | Yet to Update |
Cost to Export Border Compliance (2023)  | 134.44 USD | Yet to Update |
Time to Export Border Compliance (2023)  | 2.11 Hours | Yet to Update |
Cost to Export Documentary Compliance (2023)  | 75.56 USD | Yet to Update |
Time to Export Documentary Compliance (2023)  | 2 Hours | Yet to Update |
Indicators | Eswatini | North Korea |
|---|---|---|
Gross National Savings (2023)  | 37.96 % of GDP | Yet to Update |
Tax Revenue (2023)  | 24.13 % of GDP | Yet to Update |
Taxes on Exports (2023)  | 0.00005 % of Tax Revenue | Yet to Update |
Taxes on Goods and Services (2023)  | 25.78 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023)  | 35.49 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023)  | 122 Hours | Yet to Update |
Customs and Other Import Duties (2023)  | 36.9 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Eswatini and North Korea.
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