Published: Monday, 21th October 2024
The Standard of living in Serbia is 1.66 times better as compared to Mauritania.
In this page, you will find side-by-side Standard of Living comparison between Serbia and Mauritania. 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 Serbia and Mauritania.
Indicators | Serbia | Mauritania |
---|---|---|
Gross Domestic Product (GDP)(2023) | $75.015 billion USD | $10.357 billion USD |
GDP Per Capita (2023) | 11,301 USD | 2,337 USD |
GINI Ratio (2023) | 0.33 | 0.33 |
Inflation on Consumer Prices (2023) | 12.37 % annually | 4.95 % 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 Serbia is $75.015 billion USD and that of Mauritania is $10.357 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 Serbia contributes more to the country's economy compared to a person working in Mauritania.
Indicators | Serbia | Mauritania |
---|---|---|
Human Development Index (HDI) (2024) | 0.805 | 0.540 |
Human Capital Index (HCI) (2024) | 0.68 | 0.38 |
Literacy Rate (2023) | 99.48% (15 years+ above age) | 66.96% (15 years+ above age) |
Life Expectancy Ratio (2023) | 72.8 years | 68.9 years |
Healthy Life Expectancy Ratio (2023) | 63.9 years | 60.4 years |
Poverty Ratio (2023) | 21.2% of total Population | 31.8% of total Population |
Unemployment Rate (2023) | 8.68% of total labor force | 10.51% 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 Serbia is [ 0.805 ] and the HDI of Mauritania is [ 0.540 ].
The data shows that the people living in Serbia has better income, life expectancy and education level compared to Mauritania.
Indicators | Serbia | Mauritania |
---|---|---|
Gross National Expenditure (2023) | 104.5 % of GDP | 107.99 % of GDP |
Total Health Expenditure (2023) | 10.01 % of GDP | 4.12 % of GDP |
Research and Development Expenditure (2023) | 0.97 % of GDP | 0.01 % of GDP |
Government Expenditure on Education (2023) | 3.3 % of GDP | 2.29 % of GDP |
International Tourism Expenditure (2023) | 1,179 million USD | 35 million USD |
Number of International Tourists Arrivals (2023) | 446,000 | 30,000 |
Military Expenditure (2023) | 2.28 % of GDP | 2.27 (% of GDP) |
The total Gross National Expenditure of Serbia is 104.5% of its GDP and the total Gross National Expenditure of Mauritania is 107.99% of its GDP.
From the above data, we can say that Serbia spends 1.03 times less of its GDP on Gross National Expenditure compared to Mauritania.
Indicators | Serbia | Mauritania |
---|---|---|
Number of Doctors (2023) | 28.37 (Per 10,000 People) | 2.24 (Per 10,000 People) |
Number of Nurses (2023) | 59.33 (Per 10,000 People) | 16.1 (Per 10,000 People) |
Number of Pharmacists (2023) | 1.48 (Per 10,000 People) | 0.16 (Per 10,000 People) |
Available Hospital Beds (2023) | 5.61 (Per 1000 People) | 0.4 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023) | 99.4 % of total Population | 85 % of total Population |
Serbia has 12.67 times more Doctors compared to Mauritania (Per 10,000 People).
Serbia has 3.69 times more Nurses compared to Mauritania (Per 10,000 People).
Indicators | Serbia | Mauritania |
---|---|---|
Agricultural Land (2023) | 34,850 Sq Km | 397,100 Sq Km |
Forest Area (2023) | 27,229.4 Sq Km | 3,073.67 Sq Km |
CO2 Emissions (2023) | 0.33 kg per PPP $ of GDP | 0.15 kg per PPP $ of GDP |
Access to Electricity (2023) | 100 % of total Population | 49 % of total Population |
Access to Internet (2023) | 83.54 % of total Population | 58.76 % of total Population |
Annual Fresh Water Withdrawals (2023) | 5.32 Billion cubic meters | 1.35 Billion cubic meters |
100% of the total Population of Serbia has access to the electricity in their homes, whereas, in case of Mauritania, 49% of the total Population has access to electricity.
Indicators | Serbia | Mauritania |
---|---|---|
Time Required to Start a Business (2023) | 7 Days | 6 Days |
New Businesses Registered (2023) | 11,110 (New Businesses) | 959 (New Businesses) |
New Businesses Registration Density (2023) | 2.53 (Per 1000 People) | 0.42 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023) | 2.3 % of GNI Per Capita | 15.8 % of GNI Per Capita |
In the year 2023, 11,110 new businesses got registered in Serbia and 959 new businesses got registered in Mauritania.
It usually takes 7 days in Serbia and 6 days in Mauritania to register a new business legally and systematically.
Indicators | Serbia | Mauritania |
---|---|---|
Imports of Goods and Services (2023) | 64.39 % of GDP | 52.17 % of GDP |
Total Fuel Imports (2023) | 17.22 % of Merchandise Imports | 39.28 % of Merchandise Imports |
Cost to Import Border Compliance (2023) | 52 USD | 580 USD |
Time to Import Border Compliance (2023) | 4.6 Hours | 69 Hours |
Cost to Import Documentary Compliance (2023) | 35 USD | 400 USD |
Time to Import Documentary Compliance (2023) | 3 Hours | 64 Hours |
Indicators | Serbia | Mauritania |
---|---|---|
Exports of Goods and Services (2023) | 59.88 % of GDP | 44.18 % of GDP |
Total Fuel Exports (2023) | 2.62 % of Merchandise Exports | 0.62 % of Merchandise Exports |
Cost to Export Border Compliance (2023) | 47.25 USD | 749 USD |
Time to Export Border Compliance (2023) | 4.13 Hours | 62 Hours |
Cost to Export Documentary Compliance (2023) | 35 USD | 92 USD |
Time to Export Documentary Compliance (2023) | 2.33 Hours | 50.67 Hours |
Indicators | Serbia | Mauritania |
---|---|---|
Gross National Savings (2023) | 19.43 % of GDP | 31.39 % of GDP |
Tax Revenue (2023) | 25.11 % of GDP | Yet to Update |
Taxes on Exports (2023) | Yet to Update | Yet to Update |
Taxes on Goods and Services (2023) | 40.88 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023) | 2.71 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023) | 225.5 Hours | 270 Hours |
Customs and Other Import Duties (2023) | 4.43 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Serbia and Mauritania.
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