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Mozambique vs Barbados (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Tuesday, 14th January 2025

The Standard of living in Mozambique is 2.77 times lesser as compared to Barbados.

In this page, you will find side-by-side Standard of Living comparison between Mozambique and Barbados. 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 Mozambique and Barbados.

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$21.936 billion USD$6.220 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
647 USD21,442 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.54Yet to Update
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
7.13 % annually9.79 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
78.6 % of GDP146.5 % of GDP
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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 Mozambique is $21.936 billion USD and that of Barbados is $6.220 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 Mozambique contributes less to the country's economy compared to a person working in Barbados.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.4610.809
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.36Yet to Update
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
59.78% (15 years+ above age)99.5% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
57.7 years76.8 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
49.7 years66.7 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
46.1% of total PopulationYet to Update
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
3.54% of total labor force7.95% 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 Mozambique is [ 0.461 ] and the HDI of Barbados is [ 0.809 ].

The data shows that the people living in Mozambique has lower income, life expectancy and education level compared to Barbados.

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
130.47 % of GDP104.06 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
9.05 % of GDP8.09 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
0.31 % of GDPYet to Update
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
7.03 % of GDP5.13 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
95 million USD99 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
2,033,000966,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.51 % of GDPYet to Update

The total Gross National Expenditure of Mozambique is 130.47% of its GDP and the total Gross National Expenditure of Barbados is 104.06% of its GDP.

From the above data, we can say that Mozambique spends 1.25 times more of its GDP on Gross National Expenditure compared to Barbados.

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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
0.81
(Per 10,000 People)
28.8
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
5.68
(Per 10,000 People)
31.36
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
0.13
(Per 10,000 People)
Yet to Update
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
0.7
(Per 1000 People)
5.97
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
94 % of total Population93.4 % of total Population

Mozambique has 35.56 times less Doctors compared to Barbados (Per 10,000 People).

Mozambique has 5.52 times less Nurses compared to Barbados (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 mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
414,138.3 Sq Km100 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
364,976.06 Sq Km63 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.16 kg per PPP $ of GDP0.27 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
33.2 % of total Population100 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
17.37 % of total Population85.82 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
1.47 Billion cubic meters0.07 Billion cubic meters

33.2% of the total Population of Mozambique has access to the electricity in their homes, whereas, in case of Barbados, 100% 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 mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
17 Days16 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
3,925 (New Businesses)1,028 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
0.24 (Per 1000 People)5.46 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
106.9 % of GNI Per Capita7.3 % of GNI Per Capita

In the year 2023, 3,925 new businesses got registered in Mozambique and 1,028 new businesses got registered in Barbados.

It usually takes 17 days in Mozambique and 16 days in Barbados 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 mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
83.02 % of GDP42.18 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
21.33 % of Merchandise Imports24.8 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
399 USD 1,776 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
9 Hours81 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
60 USD 150 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
16 Hours46 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
52.54 % of GDP34.28 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
57.61 % of Merchandise Exports8.61 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
601.67 USD486 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
66 Hours41.38 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
160 USD117 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
36 Hours48 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of mozambique
Mozambique
Image illustrating the flag of mozambique
Pictorial representation of map of barbados
Barbados
Image illustrating the flag of barbados
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
6.16 % of GDP4.96 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
23.25 % of GDP27.39 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
Yet to Update0.04 % of Tax Revenue
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
32.38 % of Tax Revenue45.88 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
5.35 % of Revenue8.57 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
200 Hours241 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
6.74 % of Tax Revenue9.23 % of Tax Revenue

The taxes charged by Mozambique on international trade is 5.35% of the total revenue and the taxes charged by Barbados on international trade is 8.57% of the total revenue.

The Taxes charged on International Trade by Mozambique is 1.60 times less of its total revenue than of Barbados.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Mozambique and Barbados.

For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.

The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.

Pictorial representation of the map of Mozambique
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Pictorial representation of the map of Gabon
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Pictorial representation of the map of Mauritius
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Pictorial representation of the map of Iraq
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Pictorial representation of the map of Taiwan
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Pictorial representation of the map of Indonesia
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Pictorial representation of the map of Albania
Pictorial representation of the map of Mozambique
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Pictorial representation of the map of Colombia
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Pictorial representation of the map of Suriname
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Pictorial representation of the map of Ghana
Pictorial representation of the map of Mozambique
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Pictorial representation of the map of Vanuatu