Published: Monday, 21th October 2024
The Standard of living in Georgia is 1.85 times better as compared to Yemen.
In this page, you will find side-by-side Standard of Living comparison between Georgia and Yemen. 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 Yemen.
 Indicators  | Georgia  | Yemen  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | $32.865 billion USD | $21.045 billion USD |
GDP Per Capita (2023)  | 8,825 USD | 617 USD |
GINI Ratio (2023)  | 0.34 | 0.37 |
Inflation on Consumer Prices (2023)  | 2.49 % annually | 8.1 % annually |
Central Government Debt (2023)  | 43 % 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 Georgia is $32.865 billion USD and that of Yemen is $21.045 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 Yemen.
Indicators | Georgia | Yemen |
|---|---|---|
Human Development Index (HDI) (2024)  | 0.814 | 0.424 |
Human Capital Index (HCI) (2024)  | 0.57 | 0.37 |
Literacy Rate (2023)  | 99.57% (15 years+ above age) | 54.1% (15 years+ above age) |
Life Expectancy Ratio (2023)  | 71.2 years | 65.8 years |
Healthy Life Expectancy Ratio (2023)  | 62.5 years | 56.5 years |
Poverty Ratio (2023)  | 15.6% of total Population | 48.6% of total Population |
Unemployment Rate (2023)  | 11.62% of total labor force | 17.21% 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 Yemen is [ 0.424 ].
The data shows that the people living in Georgia has better income, life expectancy and education level compared to Yemen.
Indicators | Georgia | Yemen |
|---|---|---|
Gross National Expenditure (2023)  | 107.54 % of GDP | Yet to Update |
Total Health Expenditure (2023)  | 8.42 % of GDP | 4.25 % of GDP |
Research and Development Expenditure (2023)  | 0.24 % of GDP | Yet to Update |
Government Expenditure on Education (2023)  | 3.81 % of GDP | 5.46 % of GDP |
International Tourism Expenditure (2023)  | 292 million USD | 56 million USD |
Number of International Tourists Arrivals (2023)  | 1,513,000 | 398,000 |
Military Expenditure (2023)  | 1.43 % of GDP | 3.97 (% of GDP) |
Indicators | Georgia | Yemen |
|---|---|---|
Number of Doctors (2023)  | 53.3 (Per 10,000 People) | 2.94 (Per 10,000 People) |
Number of Nurses (2023)  | 58.7 (Per 10,000 People) | 7.24 (Per 10,000 People) |
Number of Pharmacists (2023)  | 0.92 (Per 10,000 People) | 0.98 (Per 10,000 People) |
Available Hospital Beds (2023)  | 2.89 (Per 1000 People) | 0.71 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | 97.6 % of total Population | 59.8 % of total Population |
Georgia has 18.13 times more Doctors compared to Yemen (Per 10,000 People).
Georgia has 8.11 times more Nurses compared to Yemen (Per 10,000 People).
Indicators | Georgia | Yemen |
|---|---|---|
Agricultural Land (2023)  | 23,799 Sq Km | 234,520 Sq Km |
Forest Area (2023)  | 28,224 Sq Km | 5,490 Sq Km |
CO2 Emissions (2023)  | 0.16 kg per PPP $ of GDP | 0.3 kg per PPP $ of GDP |
Access to Electricity (2023)  | 100 % of total Population | 76 % of total Population |
Access to Internet (2023)  | 78.71 % of total Population | 26.72 % of total Population |
Annual Fresh Water Withdrawals (2023)  | 1.65 Billion cubic meters | 3.56 Billion cubic meters |
100% of the total Population of Georgia has access to the electricity in their homes, whereas, in case of Yemen, 76% of the total Population has access to electricity.
Indicators | Georgia | Yemen |
|---|---|---|
Time Required to Start a Business (2023)  | 1 Days | 40.5 Days |
New Businesses Registered (2023)  | 20,233 (New Businesses) | Yet to Update |
New Businesses Registration Density (2023)  | 8.5 (Per 1000 People) | Yet to Update |
Cost of Business Start-Up Procedures (2023)  | 2.1 % of GNI Per Capita | 40.2 % of GNI Per Capita |
It usually takes 1 days in Georgia and 40.5 days in Yemen to register a new business legally and systematically.
Indicators | Georgia | Yemen |
|---|---|---|
Imports of Goods and Services (2023)  | 56.93 % of GDP | 50.15 % of GDP |
Total Fuel Imports (2023)  | 11.17 % of Merchandise Imports | 28.42 % of Merchandise Imports |
Cost to Import Border Compliance (2023)  | 396.43 USD | Yet to Update |
Time to Import Border Compliance (2023)  | 15 Hours | Yet to Update |
Cost to Import Documentary Compliance (2023)  | 189 USD | Yet to Update |
Time to Import Documentary Compliance (2023)  | 2 Hours | Yet to Update |
Indicators | Georgia | Yemen |
|---|---|---|
Exports of Goods and Services (2023)  | 49.39 % of GDP | 8.76 % of GDP |
Total Fuel Exports (2023)  | 4.19 % of Merchandise Exports | 0.15 % of Merchandise Exports |
Cost to Export Border Compliance (2023)  | 112 USD | Yet to Update |
Time to Export Border Compliance (2023)  | 6 Hours | Yet to Update |
Cost to Export Documentary Compliance (2023)  | Yet to Update | Yet to Update |
Time to Export Documentary Compliance (2023)  | 1.5 Hours | Yet to Update |
Indicators | Georgia | Yemen |
|---|---|---|
Gross National Savings (2023)  | 22.66 % of GDP | Yet to Update |
Tax Revenue (2023)  | 22.9 % of GDP | Yet to Update |
Taxes on Exports (2023)  | Yet to Update | Yet to Update |
Taxes on Goods and Services (2023)  | 48.24 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023)  | 0.64 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023)  | 216 Hours | 248 Hours |
Customs and Other Import Duties (2023)  | 0.76 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Georgia and Yemen.
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