Published: Monday, 21th October 2024
The Standard of living in Fiji is 2.00 times better as compared to North Korea.
In this page, you will find side-by-side Standard of Living comparison between Fiji 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 Fiji and North Korea.
Indicators | Fiji | North Korea |
---|---|---|
Gross Domestic Product (GDP)(2023) | $5.511 billion USD | $16 billion USD |
GDP Per Capita (2023) | 6,024 USD | 640 USD |
GINI Ratio (2023) | 0.36 | Yet to Update |
Inflation on Consumer Prices (2023) | 4.52 % annually | Yet to Update |
Central Government Debt (2023) | 36.6 % 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 Fiji is $5.511 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 Fiji contributes more to the country's economy compared to a person working in North Korea.
Indicators | Fiji | North Korea |
---|---|---|
Human Development Index (HDI) (2024) | 0.729 | Yet to Update |
Human Capital Index (HCI) (2024) | 0.51 | Yet to Update |
Literacy Rate (2023) | 99% (15 years+ above age) | 100% (15 years+ above age) |
Life Expectancy Ratio (2023) | 65.5 years | 71.4 years |
Healthy Life Expectancy Ratio (2023) | 57.7 years | 64.4 years |
Poverty Ratio (2023) | 24.1% of total Population | Yet to Update |
Unemployment Rate (2023) | 4.33% 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 | Fiji | North Korea |
---|---|---|
Gross National Expenditure (2023) | 100.94 % of GDP | Yet to Update |
Total Health Expenditure (2023) | 5.38 % of GDP | 3.4 % of GDP |
Research and Development Expenditure (2023) | Yet to Update | Yet to Update |
Government Expenditure on Education (2023) | 5.97 % of GDP | Yet to Update |
International Tourism Expenditure (2023) | 77 million USD | Yet to Update |
Number of International Tourists Arrivals (2023) | 168,000 | Yet to Update |
Military Expenditure (2023) | 1.4 % of GDP | Yet to Update |
Indicators | Fiji | North Korea |
---|---|---|
Number of Doctors (2023) | 8.14 (Per 10,000 People) | 0.7 (Per 10,000 People) |
Number of Nurses (2023) | 38.4 (Per 10,000 People) | 1.5 (Per 10,000 People) |
Number of Pharmacists (2023) | 1.04 (Per 10,000 People) | 0.1 (Per 10,000 People) |
Available Hospital Beds (2023) | 2 (Per 1000 People) | 13.2 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023) | 97.7 % of total Population | 99.5 % of total Population |
Fiji has 11.63 times more Doctors compared to North Korea (Per 10,000 People).
Fiji has 25.60 times more Nurses compared to North Korea (Per 10,000 People).
Indicators | Fiji | North Korea |
---|---|---|
Agricultural Land (2023) | 3,116 Sq Km | 25,950 Sq Km |
Forest Area (2023) | 11,467 Sq Km | 60,088.6 Sq Km |
CO2 Emissions (2023) | 0.1 kg per PPP $ of GDP | Yet to Update |
Access to Electricity (2023) | 92 % of total Population | 54.7 % of total Population |
Access to Internet (2023) | 87.66 % of total Population | Yet to Update |
Annual Fresh Water Withdrawals (2023) | 0.08 Billion cubic meters | 8.66 Billion cubic meters |
92% of the total Population of Fiji 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 | Fiji | North Korea |
---|---|---|
Time Required to Start a Business (2023) | 40 Days | Yet to Update |
New Businesses Registered (2023) | 1,352 (New Businesses) | Yet to Update |
New Businesses Registration Density (2023) | 2.22 (Per 1000 People) | Yet to Update |
Cost of Business Start-Up Procedures (2023) | 14.5 % of GNI Per Capita | Yet to Update |
Indicators | Fiji | North Korea |
---|---|---|
Imports of Goods and Services (2023) | 65.77 % of GDP | Yet to Update |
Total Fuel Imports (2023) | 24.29 % of Merchandise Imports | Yet to Update |
Cost to Import Border Compliance (2023) | 319.83 USD | Yet to Update |
Time to Import Border Compliance (2023) | 34.75 Hours | Yet to Update |
Cost to Import Documentary Compliance (2023) | 57.5 USD | Yet to Update |
Time to Import Documentary Compliance (2023) | 33.75 Hours | Yet to Update |
Indicators | Fiji | North Korea |
---|---|---|
Exports of Goods and Services (2023) | 55.16 % of GDP | Yet to Update |
Total Fuel Exports (2023) | 0.03 % of Merchandise Exports | Yet to Update |
Cost to Export Border Compliance (2023) | 316.67 USD | Yet to Update |
Time to Export Border Compliance (2023) | 56 Hours | Yet to Update |
Cost to Export Documentary Compliance (2023) | 76 USD | Yet to Update |
Time to Export Documentary Compliance (2023) | 56.33 Hours | Yet to Update |
Indicators | Fiji | North Korea |
---|---|---|
Gross National Savings (2023) | 11.98 % of GDP | Yet to Update |
Tax Revenue (2023) | 15.87 % of GDP | Yet to Update |
Taxes on Exports (2023) | 0.53 % of Tax Revenue | Yet to Update |
Taxes on Goods and Services (2023) | 32.67 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023) | 13.42 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023) | 247 Hours | Yet to Update |
Customs and Other Import Duties (2023) | 19.4 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Fiji and North Korea.
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.