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North Macedonia vs Spain (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Sunday, 12th January 2025

The Standard of living in North Macedonia is 1.49 times lesser as compared to Spain.

In this page, you will find side-by-side Standard of Living comparison between North Macedonia and Spain. 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 North Macedonia and Spain.

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Economic Factors Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$15.801 billion USD$1.647 trillion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
7,672 USD34,045 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.310.32
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
9.36 % annually3.53 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
Yet to Update111.4 % 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 North Macedonia is $15.801 billion USD and that of Spain is $1.647 trillion 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 North Macedonia contributes less to the country's economy compared to a person working in Spain.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.7650.911
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.560.73
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
97.6% (15 years+ above age)98.59% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
73 years82.7 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
63.7 years71.1 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
21.8% of total Population20.2% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
13.07% of total labor force12.14% 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 North Macedonia is [ 0.765 ] and the HDI of Spain is [ 0.911 ].

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

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Government National Expenditure Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
113.51 % of GDP95.88 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
8.52 % of GDP10.74 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
0.38 % of GDP1.43 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
3.3 % of GDP4.55 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
153 million USD7,119 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
118,00036,410,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.61 % of GDP1.47 (% of GDP)

The total Gross National Expenditure of North Macedonia is 113.51% of its GDP and the total Gross National Expenditure of Spain is 95.88% of its GDP.

From the above data, we can say that North Macedonia spends 1.18 times more of its GDP on Gross National Expenditure compared to Spain.

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Health System Facilities Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
29.64
(Per 10,000 People)
44.8
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
48.3
(Per 10,000 People)
65.4
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
5.24
(Per 10,000 People)
12.5
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
4.28
(Per 1000 People)
2.97
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
97.3 % of total PopulationYet to Update

North Macedonia has 1.51 times less Doctors compared to Spain (Per 10,000 People).

North Macedonia has 1.35 times less Nurses compared to Spain (Per 10,000 People).

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Environmental Factors Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
12,600 Sq Km262,284.47 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
10,014.9 Sq Km185,764.6 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.18 kg per PPP $ of GDP0.11 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
100 % of total Population100 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
83.02 % of total Population94.49 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
1.6 Billion cubic meters29.02 Billion cubic meters

100% of the total Population of North Macedonia has access to the electricity in their homes, whereas, in case of Spain, 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 north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
15 Days12.5 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
6,478 (New Businesses)96,655 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
4.56 (Per 1000 People)3.08 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
3.1 % of GNI Per Capita3.9 % of GNI Per Capita

In the year 2023, 6,478 new businesses got registered in North Macedonia and 96,655 new businesses got registered in Spain.

It usually takes 15 days in North Macedonia and 12.5 days in Spain to register a new business legally and systematically.

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Import & Export Factors Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
86.31 % of GDP34.83 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
13 % of Merchandise Imports14.61 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
150 USD Yet to Update
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
7.5 HoursYet to Update
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
50 USD Yet to Update
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
3 Hours0.5 Hour
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Exports of Goods and Services (2023)
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72.79 % of GDP38.96 % of GDP
Total Fuel Exports
(2023)
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4.12 % of Merchandise Exports6.81 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
102.5 USDYet to Update
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
8.5 HoursYet to Update
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
45 USDYet to Update
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
2 Hours0.5 Hour
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Tax Factors Comparison

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Indicators
Image illustrating an indicator
Pictorial representation of map of north-macedonia
North Macedonia
Image illustrating the flag of north-macedonia
Pictorial representation of map of spain
Spain
Image illustrating the flag of spain
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
24.55 % of GDP22.85 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
17.39 % of GDP15.82 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
0.00002 % of Tax RevenueYet to Update
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
40.14 % of Tax Revenue25.32 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
3.92 % of Revenue0.01 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
119 Hours143 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
6.66 % of Tax Revenue0.01 % of Tax Revenue

The taxes charged by North Macedonia on international trade is 3.92% of the total revenue and the taxes charged by Spain on international trade is 0.01% of the total revenue.

The Taxes charged on International Trade by North Macedonia is 392.00 times more of its total revenue than of Spain.

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We hope you enjoyed the detailed guide on the standard of living comparsion between North Macedonia and Spain.

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.

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