Published: Monday, 21th October 2024
The Standard of living in Kiribati is 2.35 times better as compared to Chad.
In this page, you will find side-by-side Standard of Living comparison between Kiribati and Chad. 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 Kiribati and Chad.
 Indicators  | Kiribati  | Chad  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | $248 million USD | $12.596 billion USD |
GDP Per Capita (2023)  | 1,989 USD | 702 USD |
GINI Ratio (2023)  | 0.38 | 0.38 |
Inflation on Consumer Prices (2023)  | 2.05 % annually | 10.84 % 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 Kiribati is $248 million USD and that of Chad is $12.596 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 Kiribati contributes more to the country's economy compared to a person working in Chad.
Indicators | Kiribati | Chad |
|---|---|---|
Human Development Index (HDI) (2024)  | 0.628 | 0.394 |
Human Capital Index (HCI) (2024)  | 0.49 | 0.3 |
Literacy Rate (2023)  | 91% (15 years+ above age) | 27.28% (15 years+ above age) |
Life Expectancy Ratio (2023)  | 60.9 years | 59.1 years |
Healthy Life Expectancy Ratio (2023)  | 53.6 years | 51.5 years |
Poverty Ratio (2023)  | 21.9% of total Population | 42.3% of total Population |
Unemployment Rate (2023)  | Yet to Update | 1.08% 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 Kiribati is [ 0.628 ] and the HDI of Chad is [ 0.394 ].
The data shows that the people living in Kiribati has better income, life expectancy and education level compared to Chad.
Indicators | Kiribati | Chad |
|---|---|---|
Gross National Expenditure (2023)  | Yet to Update | 104.57 % of GDP |
Total Health Expenditure (2023)  | 14.81 % of GDP | 5.19 % of GDP |
Research and Development Expenditure (2023)  | Yet to Update | 0.3 % of GDP |
Government Expenditure on Education (2023)  | 16.58 % of GDP | 2.54 % of GDP |
International Tourism Expenditure (2023)  | 24.57 million USD | 80 million USD |
Number of International Tourists Arrivals (2023)  | 12,000 | 10,400 |
Military Expenditure (2023)  | Yet to Update | 2.93 (% of GDP) |
Indicators | Kiribati | Chad |
|---|---|---|
Number of Doctors (2023)  | 1.94 (Per 10,000 People) | 0.58 (Per 10,000 People) |
Number of Nurses (2023)  | 36.22 (Per 10,000 People) | 1.98 (Per 10,000 People) |
Number of Pharmacists (2023)  | 0.25 (Per 10,000 People) | 0.08 (Per 10,000 People) |
Available Hospital Beds (2023)  | 1.86 (Per 1000 People) | 0.4 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | 89.2 % of total Population | 54.7 % of total Population |
Kiribati has 3.34 times more Doctors compared to Chad (Per 10,000 People).
Kiribati has 18.29 times more Nurses compared to Chad (Per 10,000 People).
Indicators | Kiribati | Chad |
|---|---|---|
Agricultural Land (2023)  | 340 Sq Km | 503,380 Sq Km |
Forest Area (2023)  | 11.8 Sq Km | 42,013.33 Sq Km |
CO2 Emissions (2023)  | 0.17 kg per PPP $ of GDP | 0.06 kg per PPP $ of GDP |
Access to Electricity (2023)  | 94.4 % of total Population | 11.7 % of total Population |
Access to Internet (2023)  | 53.63 % of total Population | 17.87 % of total Population |
Annual Fresh Water Withdrawals (2023)  | Yet to Update | 0.88 Billion cubic meters |
94.4% of the total Population of Kiribati has access to the electricity in their homes, whereas, in case of Chad, 11.7% of the total Population has access to electricity.
Indicators | Kiribati | Chad |
|---|---|---|
Time Required to Start a Business (2023)  | 31 Days | 58 Days |
New Businesses Registered (2023)  | 2 (New Businesses) | 878 (New Businesses) |
New Businesses Registration Density (2023)  | 0.03 (Per 1000 People) | 0.11 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023)  | 34.9 % of GNI Per Capita | 169.3 % of GNI Per Capita |
In the year 2023, 2 new businesses got registered in Kiribati and 878 new businesses got registered in Chad.
It usually takes 31 days in Kiribati and 58 days in Chad to register a new business legally and systematically.
Indicators | Kiribati | Chad |
|---|---|---|
Imports of Goods and Services (2023)  | 92.49 % of GDP | 48.07 % of GDP |
Total Fuel Imports (2023)  | 12.54 % of Merchandise Imports | 17.93 % of Merchandise Imports |
Cost to Import Border Compliance (2023)  | 685 USD | 965 USD |
Time to Import Border Compliance (2023)  | 96 Hours | 242 Hours |
Cost to Import Documentary Compliance (2023)  | 120 USD | 500 USD |
Time to Import Documentary Compliance (2023)  | 48 Hours | 172 Hours |
Indicators | Kiribati | Chad |
|---|---|---|
Exports of Goods and Services (2023)  | 7.4 % of GDP | 43.5 % of GDP |
Total Fuel Exports (2023)  | 0.02 % of Merchandise Exports | 7.94 % of Merchandise Exports |
Cost to Export Border Compliance (2023)  | 420 USD | 319 USD |
Time to Export Border Compliance (2023)  | 72 Hours | 106 Hours |
Cost to Export Documentary Compliance (2023)  | 310 USD | 187.5 USD |
Time to Export Documentary Compliance (2023)  | 24 Hours | 87 Hours |
Indicators | Kiribati | Chad |
|---|---|---|
Gross National Savings (2023)  | Yet to Update | 13.41 % of GDP |
Tax Revenue (2023)  | 20.22 % of GDP | Yet to Update |
Taxes on Exports (2023)  | Yet to Update | Yet to Update |
Taxes on Goods and Services (2023)  | 14.9 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023)  | 2 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023)  | 168 Hours | 834 Hours |
Customs and Other Import Duties (2023)  | 7.8 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Kiribati and Chad.
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