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Lesotho vs Central African Republic (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Monday, 13th January 2025

The Standard of living in Lesotho is 1.84 times better as compared to Central African Republic.

In this page, you will find side-by-side Standard of Living comparison between Lesotho and Central African Republic. 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 Lesotho and Central African Republic.

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$2.373 billion USD$2.760 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
1,110 USD539 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.450.56
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
6.34 % annually2.98 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
3 % 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 Lesotho is $2.373 billion USD and that of Central African Republic is $2.760 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 Lesotho contributes more to the country's economy compared to a person working in Central African Republic.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.5200.387
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.40.29
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
82.01% (15 years+ above age)37.49% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
51.5 years52.3 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
44.6 years45.4 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
49.7% of total Population68.8% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
16.46% of total labor force6.29% 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 Lesotho is [ 0.520 ] and the HDI of Central African Republic is [ 0.387 ].

The data shows that the people living in Lesotho has better income, life expectancy and education level compared to Central African Republic.

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
151.2 % of GDP129.45 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
10.21 % of GDP9.07 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
0.05 % of GDPYet to Update
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
6.69 % of GDP2.12 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
277 million USD69.80 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
1,142,00087,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.47 % of GDP1.7 (% of GDP)

The total Gross National Expenditure of Lesotho is 151.2% of its GDP and the total Gross National Expenditure of Central African Republic is 129.45% of its GDP.

From the above data, we can say that Lesotho spends 1.17 times more of its GDP on Gross National Expenditure compared to Central African Republic.

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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
4.54
(Per 10,000 People)
0.21
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
31.24
(Per 10,000 People)
1.91
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
1.81
(Per 10,000 People)
Yet to Update
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
1.3
(Per 1000 People)
1
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
91.3 % of total Population51.8 % of total Population

Lesotho has 21.62 times more Doctors compared to Central African Republic (Per 10,000 People).

Lesotho has 16.36 times more Nurses compared to Central African Republic (Per 10,000 People).

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Environmental Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
24,330 Sq Km49,100 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
345.2 Sq Km222,730 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.4 kg per PPP $ of GDP0.04 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
50 % of total Population15.7 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
47.98 % of total Population10.58 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
0.04 Billion cubic meters0.07 Billion cubic meters

50% of the total Population of Lesotho has access to the electricity in their homes, whereas, in case of Central African Republic, 15.7% 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 lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
15 Days22 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
1,981 (New Businesses)335 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
1.43 (Per 1000 People)0.13 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
6.1 % of GNI Per Capita127.8 % of GNI Per Capita

In the year 2023, 1,981 new businesses got registered in Lesotho and 335 new businesses got registered in Central African Republic.

It usually takes 15 days in Lesotho and 22 days in Central African Republic 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 lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
98.52 % of GDP29.04 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
16.77 % of Merchandise Imports4.57 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
150 USD 709.29 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
4.5 Hours121.71 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
90 USD 500 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
1 Hour120 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
47.22 % of GDP14.44 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
0.02 % of Merchandise Exports0.04 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
150 USD280 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
4 Hours141.4 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
90 USD60 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
1 Hour48 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of lesotho
Lesotho
Image illustrating the flag of lesotho
Pictorial representation of map of central-african-republic
Central African Republic
Image illustrating the flag of central-african-republic
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
13.74 % of GDP15.09 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
31.31 % of GDP8.21 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
0.35 % of Tax Revenue0.36 % of Tax Revenue
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
31.37 % of Tax Revenue30.15 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
8.76 % of Revenue15.86 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
327 Hours483 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
13.81 % of Tax Revenue27.33 % of Tax Revenue

The taxes charged by Lesotho on international trade is 8.76% of the total revenue and the taxes charged by Central African Republic on international trade is 15.86% of the total revenue.

The Taxes charged on International Trade by Lesotho is 1.81 times less of its total revenue than of Central African Republic.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Lesotho and Central African Republic.

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