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Georgia vs Ghana (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Sunday, 12th January 2025

The Standard of living in Georgia is 1.32 times better as compared to Ghana.

In this page, you will find side-by-side Standard of Living comparison between Georgia and Ghana. 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 Georgia and Ghana.

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Economic Factors Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$32.865 billion USD$76.628 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
8,825 USD2,328 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.340.44
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
2.49 % annually38.11 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
43 % of GDPYet to Update
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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 Georgia is $32.865 billion USD and that of Ghana is $76.628 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 Georgia contributes more to the country's economy compared to a person working in Ghana.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.8140.602
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.570.45
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
99.57% (15 years+ above age)80.38% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
71.2 years66.1 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
62.5 years57.9 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
15.6% of total Population23.4% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
11.62% of total labor force3.08% 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 Georgia is [ 0.814 ] and the HDI of Ghana is [ 0.602 ].

The data shows that the people living in Georgia has better income, life expectancy and education level compared to Ghana.

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Government National Expenditure Comparison

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Indicators
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Pictorial representation of map of georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
107.54 % of GDP100.96 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
8.42 % of GDP4.15 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
0.24 % of GDP0.38 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
3.81 % of GDP2.9 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
292 million USD946 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
1,513,000897,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.43 % of GDP0.35 (% of GDP)

The total Gross National Expenditure of Georgia is 107.54% of its GDP and the total Gross National Expenditure of Ghana is 100.96% of its GDP.

From the above data, we can say that Georgia spends 1.07 times more of its GDP on Gross National Expenditure compared to Ghana.

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Health System Facilities Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
53.3
(Per 10,000 People)
1.27
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
58.7
(Per 10,000 People)
34.2
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
0.92
(Per 10,000 People)
0.32
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
2.89
(Per 1000 People)
0.9
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
97.6 % of total Population97.4 % of total Population

Georgia has 41.97 times more Doctors compared to Ghana (Per 10,000 People).

Georgia has 1.72 times more Nurses compared to Ghana (Per 10,000 People).

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Environmental Factors Comparison

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Indicators
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Pictorial representation of map of georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
23,799 Sq Km126,037.4 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
28,224 Sq Km79,929.33 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.16 kg per PPP $ of GDP0.1 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
100 % of total Population85.1 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
78.71 % of total Population68.2 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
1.65 Billion cubic meters1.45 Billion cubic meters

100% of the total Population of Georgia has access to the electricity in their homes, whereas, in case of Ghana, 85.1% 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 georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
1 Days13 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
20,233 (New Businesses)26,354 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
8.5 (Per 1000 People)1.32 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
2.1 % of GNI Per Capita12.3 % of GNI Per Capita

In the year 2023, 20,233 new businesses got registered in Georgia and 26,354 new businesses got registered in Ghana.

It usually takes 1 days in Georgia and 13 days in Ghana 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 georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
56.93 % of GDP35 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
11.17 % of Merchandise Imports32.1 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
396.43 USD 552.86 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
15 Hours80 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
189 USD 474 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
2 Hours36 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
49.39 % of GDP34.04 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
4.19 % of Merchandise Exports24.53 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
112 USD490 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
6 Hours108 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
Yet to Update155 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
1.5 Hours89.33 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of georgia
Georgia
Image illustrating the flag of georgia
Pictorial representation of map of ghana
Ghana
Image illustrating the flag of ghana
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
22.66 % of GDP17.83 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
22.9 % of GDP12.3 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
Yet to Update1.11 % of Tax Revenue
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
48.24 % of Tax Revenue32.48 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
0.64 % of Revenue10.19 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
216 Hours226 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
0.76 % of Tax Revenue13.04 % of Tax Revenue

The taxes charged by Georgia on international trade is 0.64% of the total revenue and the taxes charged by Ghana on international trade is 10.19% of the total revenue.

The Taxes charged on International Trade by Georgia is 15.92 times less of its total revenue than of Ghana.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Georgia and Ghana.

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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