Published: Monday, 21th October 2024
The Standard of living in Mauritania is 1.17 times lesser as compared to Micronesia.
In this page, you will find side-by-side Standard of Living comparison between Mauritania and Micronesia. 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 Mauritania and Micronesia.
 Indicators  | Mauritania  | Micronesia  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | $10.357 billion USD | $396 million USD |
GDP Per Capita (2023)  | 2,337 USD | 3,430 USD |
GINI Ratio (2023)  | 0.33 | 0.42 |
Inflation on Consumer Prices (2023)  | 4.95 % annually | 5.41 % annually |
Central Government Debt (2023)  | Yet to Update | 27.9 % 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 Mauritania is $10.357 billion USD and that of Micronesia is $396 million 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 Mauritania contributes less to the country's economy compared to a person working in Micronesia.
Indicators | Mauritania | Micronesia |
|---|---|---|
Human Development Index (HDI) (2024)  | 0.540 | 0.623 |
Human Capital Index (HCI) (2024)  | 0.38 | 0.51 |
Literacy Rate (2023)  | 66.96% (15 years+ above age) | 89% (15 years+ above age) |
Life Expectancy Ratio (2023)  | 68.9 years | 65.7 years |
Healthy Life Expectancy Ratio (2023)  | 60.4 years | 57.9 years |
Poverty Ratio (2023)  | 31.8% of total Population | 41.2% of total Population |
Unemployment Rate (2023)  | 10.51% of total labor force | Yet to Update |
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 Mauritania is [ 0.540 ] and the HDI of Micronesia is [ 0.623 ].
The data shows that the people living in Mauritania has lower income, life expectancy and education level compared to Micronesia.
Indicators | Mauritania | Micronesia |
|---|---|---|
Gross National Expenditure (2023)  | 107.99 % of GDP | 227.91 % of GDP |
Total Health Expenditure (2023)  | 4.12 % of GDP | 10.96 % of GDP |
Research and Development Expenditure (2023)  | 0.01 % of GDP | Yet to Update |
Government Expenditure on Education (2023)  | 2.29 % of GDP | 10.54 % of GDP |
International Tourism Expenditure (2023)  | 35 million USD | 29 million USD |
Number of International Tourists Arrivals (2023)  | 30,000 | 18,000 |
Military Expenditure (2023)  | 2.27 % of GDP | Yet to Update |
The total Gross National Expenditure of Mauritania is 107.99% of its GDP and the total Gross National Expenditure of Micronesia is 227.91% of its GDP.
From the above data, we can say that Mauritania spends 2.11 times less of its GDP on Gross National Expenditure compared to Micronesia.
Indicators | Mauritania | Micronesia |
|---|---|---|
Number of Doctors (2023)  | 2.24 (Per 10,000 People) | 9.63 (Per 10,000 People) |
Number of Nurses (2023)  | 16.1 (Per 10,000 People) | 21.99 (Per 10,000 People) |
Number of Pharmacists (2023)  | 0.16 (Per 10,000 People) | Yet to Update |
Available Hospital Beds (2023)  | 0.4 (Per 1000 People) | 3.2 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | 85 % of total Population | 80 % of total Population |
Mauritania has 4.30 times less Doctors compared to Micronesia (Per 10,000 People).
Mauritania has 1.37 times less Nurses compared to Micronesia (Per 10,000 People).
Indicators | Mauritania | Micronesia |
|---|---|---|
Agricultural Land (2023)  | 397,100 Sq Km | 50 Sq Km |
Forest Area (2023)  | 3,073.67 Sq Km | 644.5 Sq Km |
CO2 Emissions (2023)  | 0.15 kg per PPP $ of GDP | 0.26 kg per PPP $ of GDP |
Access to Electricity (2023)  | 49 % of total Population | 85.3 % of total Population |
Access to Internet (2023)  | 58.76 % of total Population | 40.41 % of total Population |
Annual Fresh Water Withdrawals (2023)  | 1.35 Billion cubic meters | Yet to Update |
49% of the total Population of Mauritania has access to the electricity in their homes, whereas, in case of Micronesia, 85.3% of the total Population has access to electricity.
Indicators | Mauritania | Micronesia |
|---|---|---|
Time Required to Start a Business (2023)  | 6 Days | 16 Days |
New Businesses Registered (2023)  | 959 (New Businesses) | 25 (New Businesses) |
New Businesses Registration Density (2023)  | 0.42 (Per 1000 People) | 0.36 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023)  | 15.8 % of GNI Per Capita | 141.4 % of GNI Per Capita |
In the year 2023, 959 new businesses got registered in Mauritania and 25 new businesses got registered in Micronesia.
It usually takes 6 days in Mauritania and 16 days in Micronesia to register a new business legally and systematically.
Indicators | Mauritania | Micronesia |
|---|---|---|
Imports of Goods and Services (2023)  | 52.17 % of GDP | 67.54 % of GDP |
Total Fuel Imports (2023)  | 39.28 % of Merchandise Imports | 30.09 % of Merchandise Imports |
Cost to Import Border Compliance (2023)  | 580 USD | 180 USD |
Time to Import Border Compliance (2023)  | 69 Hours | 56 Hours |
Cost to Import Documentary Compliance (2023)  | 400 USD | 80 USD |
Time to Import Documentary Compliance (2023)  | 64 Hours | 35 Hours |
Indicators | Mauritania | Micronesia |
|---|---|---|
Exports of Goods and Services (2023)  | 44.18 % of GDP | 27.35 % of GDP |
Total Fuel Exports (2023)  | 0.62 % of Merchandise Exports | Yet to Update |
Cost to Export Border Compliance (2023)  | 749 USD | 168 USD |
Time to Export Border Compliance (2023)  | 62 Hours | 36 Hours |
Cost to Export Documentary Compliance (2023)  | 92 USD | 60 USD |
Time to Export Documentary Compliance (2023)  | 50.67 Hours | 26 Hours |
Indicators | Mauritania | Micronesia |
|---|---|---|
Gross National Savings (2023)  | 31.39 % of GDP | Yet to Update |
Tax Revenue (2023)  | Yet to Update | 7.05 % of GDP |
Taxes on Exports (2023)  | Yet to Update | Yet to Update |
Taxes on Goods and Services (2023)  | Yet to Update | 3.4 % of Tax Revenue |
Taxes on International Trade (2023)  | Yet to Update | 4.5 % of Revenue |
Time to Prepare and Pay Taxes (2023)  | 270 Hours | 128 Hours |
Customs and Other Import Duties (2023)  | Yet to Update | 23.63 % of Tax Revenue |
We hope you enjoyed the detailed guide on the standard of living comparsion between Mauritania and Micronesia.
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