Published: Monday, 21th October 2024
The Standard of living in Iraq is 1.03 times better as compared to Kyrgyzstan.
In this page, you will find side-by-side Standard of Living comparison between Iraq and Kyrgyzstan. 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 Iraq and Kyrgyzstan.
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Gross Domestic Product (GDP)(2023) | $254.993 billion USD | $13.599 billion USD |
GDP Per Capita (2023) | 5,882 USD | 1,922 USD |
GINI Ratio (2023) | 0.29 | 0.29 |
Inflation on Consumer Prices (2023) | 4.99 % annually | 10.75 % annually |
Central Government Debt (2023) | 27.4 % of GDP | 47.1 % of GDP |
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 Iraq is $254.993 billion USD and that of Kyrgyzstan is $13.599 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 Iraq contributes more to the country's economy compared to a person working in Kyrgyzstan.
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Human Development Index (HDI) (2024) | 0.673 | 0.701 |
Human Capital Index (HCI) (2024) | 0.41 | 0.6 |
Literacy Rate (2023) | 85.6% (15 years+ above age) | 99.6% (15 years+ above age) |
Life Expectancy Ratio (2023) | 71.5 years | 72.2 years |
Healthy Life Expectancy Ratio (2023) | 61 years | 63.4 years |
Poverty Ratio (2023) | 18.9% of total Population | 33.3% of total Population |
Unemployment Rate (2023) | 15.53% of total labor force | 4.04% 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 Iraq is [ 0.673 ] and the HDI of Kyrgyzstan is [ 0.701 ].
The data shows that the people living in Iraq has lower income, life expectancy and education level compared to Kyrgyzstan.
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Gross National Expenditure (2023) | 79.49 % of GDP | 141.11 % of GDP |
Total Health Expenditure (2023) | 5.25 % of GDP | 5.44 % of GDP |
Research and Development Expenditure (2023) | 0.04 % of GDP | 0.08 % of GDP |
Government Expenditure on Education (2023) | 3.55 % of GDP | 7.96 % of GDP |
International Tourism Expenditure (2023) | 4,172 million USD | 185 million USD |
Number of International Tourists Arrivals (2023) | 892,000 | 8,508,000 |
Military Expenditure (2023) | 1.67 % of GDP | 1.48 (% of GDP) |
The total Gross National Expenditure of Iraq is 79.49% of its GDP and the total Gross National Expenditure of Kyrgyzstan is 141.11% of its GDP.
From the above data, we can say that Iraq spends 1.78 times less of its GDP on Gross National Expenditure compared to Kyrgyzstan.
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Number of Doctors (2023) | 9.72 (Per 10,000 People) | 21.45 (Per 10,000 People) |
Number of Nurses (2023) | 24.4 (Per 10,000 People) | 44.2 (Per 10,000 People) |
Number of Pharmacists (2023) | 4.9 (Per 10,000 People) | 0.32 (Per 10,000 People) |
Available Hospital Beds (2023) | 1.32 (Per 1000 People) | 4.41 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023) | 87.6 % of total Population | 99.8 % of total Population |
Iraq has 2.21 times less Doctors compared to Kyrgyzstan (Per 10,000 People).
Iraq has 1.81 times less Nurses compared to Kyrgyzstan (Per 10,000 People).
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Agricultural Land (2023) | 94,240 Sq Km | 103,661 Sq Km |
Forest Area (2023) | 8,250 Sq Km | 13,336.2 Sq Km |
CO2 Emissions (2023) | 0.37 kg per PPP $ of GDP | 0.26 kg per PPP $ of GDP |
Access to Electricity (2023) | 100 % of total Population | 99.7 % of total Population |
Access to Internet (2023) | 78.72 % of total Population | 77.92 % of total Population |
Annual Fresh Water Withdrawals (2023) | 56.61 Billion cubic meters | 7.71 Billion cubic meters |
100% of the total Population of Iraq has access to the electricity in their homes, whereas, in case of Kyrgyzstan, 99.7% of the total Population has access to electricity.
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Time Required to Start a Business (2023) | 26.5 Days | 10 Days |
New Businesses Registered (2023) | 3,037 (New Businesses) | 4,936 (New Businesses) |
New Businesses Registration Density (2023) | 0.12 (Per 1000 People) | 1.28 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023) | 34.2 % of GNI Per Capita | 1.4 % of GNI Per Capita |
In the year 2023, 3,037 new businesses got registered in Iraq and 4,936 new businesses got registered in Kyrgyzstan.
It usually takes 26.5 days in Iraq and 10 days in Kyrgyzstan to register a new business legally and systematically.
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Imports of Goods and Services (2023) | 24.18 % of GDP | 87.45 % of GDP |
Total Fuel Imports (2023) | 22.88 % of Merchandise Imports | 7.24 % of Merchandise Imports |
Cost to Import Border Compliance (2023) | 644.44 USD | 499.09 USD |
Time to Import Border Compliance (2023) | 130.67 Hours | 68.91 Hours |
Cost to Import Documentary Compliance (2023) | 500 USD | 200 USD |
Time to Import Documentary Compliance (2023) | 176 Hours | 84 Hours |
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Exports of Goods and Services (2023) | 37.32 % of GDP | 29.94 % of GDP |
Total Fuel Exports (2023) | 99.99 % of Merchandise Exports | 6.05 % of Merchandise Exports |
Cost to Export Border Compliance (2023) | 1,117.86 USD | 10 USD |
Time to Export Border Compliance (2023) | 84.57 Hours | 5 Hours |
Cost to Export Documentary Compliance (2023) | 1,800 USD | 110 USD |
Time to Export Documentary Compliance (2023) | 504 Hours | 72 Hours |
Indicators | Iraq | Kyrgyzstan |
---|---|---|
Gross National Savings (2023) | 40.51 % of GDP | 6.97 % of GDP |
Tax Revenue (2023) | 1.34 % of GDP | 19.54 % of GDP |
Taxes on Exports (2023) | 0.0001 % of Tax Revenue | 0.01 % of Tax Revenue |
Taxes on Goods and Services (2023) | 0.35 % of Tax Revenue | 38.76 % of Tax Revenue |
Taxes on International Trade (2023) | 0.89 % of Revenue | 4.9 % of Revenue |
Time to Prepare and Pay Taxes (2023) | 312 Hours | 220 Hours |
Customs and Other Import Duties (2023) | 25.66 % of Tax Revenue | 8.15 % of Tax Revenue |
The taxes charged by Iraq on international trade is 0.89% of the total revenue and the taxes charged by Kyrgyzstan on international trade is 4.9% of the total revenue.
The Taxes charged on International Trade by Iraq is 5.51 times less of its total revenue than of Kyrgyzstan.
We hope you enjoyed the detailed guide on the standard of living comparsion between Iraq and Kyrgyzstan.
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