Published: Monday, 21th October 2024
The Standard of living in Gambia is 1.35 times better as compared to Sierra Leone.
In this page, you will find side-by-side Standard of Living comparison between Gambia and Sierra Leone. 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 Gambia and Sierra Leone.
 Indicators  | Gambia  | Sierra Leone  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | $2.388 billion USD | $3.519 billion USD |
GDP Per Capita (2023)  | 903 USD | 414 USD |
GINI Ratio (2023)  | 0.36 | 0.36 |
Inflation on Consumer Prices (2023)  | 16.97 % annually | 47.64 % annually |
Central Government Debt (2023)  | Yet to Update | 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 Gambia is $2.388 billion USD and that of Sierra Leone is $3.519 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 Gambia contributes more to the country's economy compared to a person working in Sierra Leone.
Indicators | Gambia | Sierra Leone |
|---|---|---|
Human Development Index (HDI) (2024)  | 0.495 | 0.458 |
Human Capital Index (HCI) (2024)  | 0.42 | 0.36 |
Literacy Rate (2023)  | 58.67% (15 years+ above age) | 48.64% (15 years+ above age) |
Life Expectancy Ratio (2023)  | 64.2 years | 61 years |
Healthy Life Expectancy Ratio (2023)  | 55.8 years | 53.1 years |
Poverty Ratio (2023)  | 53.4% of total Population | 56.8% of total Population |
Unemployment Rate (2023)  | 6.48% of total labor force | 3.17% 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 Gambia is [ 0.495 ] and the HDI of Sierra Leone is [ 0.458 ].
The data shows that the people living in Gambia has better income, life expectancy and education level compared to Sierra Leone.
Indicators | Gambia | Sierra Leone |
|---|---|---|
Gross National Expenditure (2023)  | 129.69 % of GDP | 126.81 % of GDP |
Total Health Expenditure (2023)  | 3.19 % of GDP | 8.55 % of GDP |
Research and Development Expenditure (2023)  | 0.07 % of GDP | Yet to Update |
Government Expenditure on Education (2023)  | 2.73 % of GDP | 8.81 % of GDP |
International Tourism Expenditure (2023)  | 5.20 million USD | 83 million USD |
Number of International Tourists Arrivals (2023)  | 246,000 | 71,000 |
Military Expenditure (2023)  | 0.69 % of GDP | 0.6 (% of GDP) |
The total Gross National Expenditure of Gambia is 129.69% of its GDP and the total Gross National Expenditure of Sierra Leone is 126.81% of its GDP.
From the above data, we can say that Gambia spends 1.02 times more of its GDP on Gross National Expenditure compared to Sierra Leone.
Indicators | Gambia | Sierra Leone |
|---|---|---|
Number of Doctors (2023)  | 1.02 (Per 10,000 People) | 0.7 (Per 10,000 People) |
Number of Nurses (2023)  | 6.8 (Per 10,000 People) | 2.04 (Per 10,000 People) |
Number of Pharmacists (2023)  | 0.01 (Per 10,000 People) | 0.23 (Per 10,000 People) |
Available Hospital Beds (2023)  | 1.1 (Per 1000 People) | 0.4 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | 97.8 % of total Population | 97.9 % of total Population |
Gambia has 1.46 times more Doctors compared to Sierra Leone (Per 10,000 People).
Gambia has 3.33 times more Nurses compared to Sierra Leone (Per 10,000 People).
Indicators | Gambia | Sierra Leone |
|---|---|---|
Agricultural Land (2023)  | 6,340 Sq Km | 39,490 Sq Km |
Forest Area (2023)  | 2,369.33 Sq Km | 25,151.5 Sq Km |
CO2 Emissions (2023)  | 0.1 kg per PPP $ of GDP | 0.08 kg per PPP $ of GDP |
Access to Electricity (2023)  | 65.4 % of total Population | 29.4 % of total Population |
Access to Internet (2023)  | 32.96 % of total Population | 18 % of total Population |
Annual Fresh Water Withdrawals (2023)  | 0.1 Billion cubic meters | 0.21 Billion cubic meters |
65.4% of the total Population of Gambia has access to the electricity in their homes, whereas, in case of Sierra Leone, 29.4% of the total Population has access to electricity.
Indicators | Gambia | Sierra Leone |
|---|---|---|
Time Required to Start a Business (2023)  | 8 Days | 8 Days |
New Businesses Registered (2023)  | Yet to Update | 1,980 (New Businesses) |
New Businesses Registration Density (2023)  | Yet to Update | 0.45 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023)  | 49.5 % of GNI Per Capita | 7.6 % of GNI Per Capita |
It usually takes 8 days in Gambia and 8 days in Sierra Leone to register a new business legally and systematically.
Indicators | Gambia | Sierra Leone |
|---|---|---|
Imports of Goods and Services (2023)  | 35.14 % of GDP | 67.28 % of GDP |
Total Fuel Imports (2023)  | 38.31 % of Merchandise Imports | 1.12 % of Merchandise Imports |
Cost to Import Border Compliance (2023)  | 325.63 USD | 821 USD |
Time to Import Border Compliance (2023)  | 87 Hours | 120 Hours |
Cost to Import Documentary Compliance (2023)  | 151.88 USD | 387.14 USD |
Time to Import Documentary Compliance (2023)  | 31.5 Hours | 82 Hours |
Indicators | Gambia | Sierra Leone |
|---|---|---|
Exports of Goods and Services (2023)  | 5.45 % of GDP | 40.47 % of GDP |
Total Fuel Exports (2023)  | 45.67 % of Merchandise Exports | 0.14 % of Merchandise Exports |
Cost to Export Border Compliance (2023)  | 380.56 USD | 551.86 USD |
Time to Export Border Compliance (2023)  | 109.33 Hours | 54.86 Hours |
Cost to Export Documentary Compliance (2023)  | 133 USD | 227.14 USD |
Time to Export Documentary Compliance (2023)  | 48 Hours | 72 Hours |
Indicators | Gambia | Sierra Leone |
|---|---|---|
Gross National Savings (2023)  | 28.35 % of GDP | 21.54 % of GDP |
Tax Revenue (2023)  | 18.2 % of GDP | Yet to Update |
Taxes on Exports (2023)  | 0.2 % of Tax Revenue | Yet to Update |
Taxes on Goods and Services (2023)  | 28.29 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023)  | 32.44 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023)  | 326 Hours | 343 Hours |
Customs and Other Import Duties (2023)  | 45.56 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Gambia and Sierra Leone.
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