Published: Monday, 21th October 2024
The Standard of living in South Sudan is 2.63 times lesser as compared to Equatorial Guinea.
In this page, you will find side-by-side Standard of Living comparison between South Sudan and Equatorial Guinea. 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 South Sudan and Equatorial Guinea.
 Indicators  | South Sudan  | Equatorial Guinea  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | $4.7 billion USD | $10.041 billion USD |
GDP Per Capita (2023)  | 326 USD | 6,502 USD |
GINI Ratio (2023)  | 0.44 | 0.44 |
Inflation on Consumer Prices (2023)  | 2.38 % annually | 4.79 % 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 South Sudan is $4.7 billion USD and that of Equatorial Guinea is $10.041 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 South Sudan contributes less to the country's economy compared to a person working in Equatorial Guinea.
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Human Development Index (HDI) (2024)  | 0.381 | 0.650 |
Human Capital Index (HCI) (2024)  | 0.31 | Yet to Update |
Literacy Rate (2023)  | 34.52% (15 years+ above age) | 94.37% (15 years+ above age) |
Life Expectancy Ratio (2023)  | 58.6 years | 61.6 years |
Healthy Life Expectancy Ratio (2023)  | 50.5 years | 53.3 years |
Poverty Ratio (2023)  | 82.3% of total Population | 76.8% of total Population |
Unemployment Rate (2023)  | 12.27% of total labor force | 8.67% 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 South Sudan is [ 0.381 ] and the HDI of Equatorial Guinea is [ 0.650 ].
The data shows that the people living in South Sudan has lower income, life expectancy and education level compared to Equatorial Guinea.
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Gross National Expenditure (2023)  | 92.25 % of GDP | 92.62 % of GDP |
Total Health Expenditure (2023)  | 5.86 % of GDP | 3.4 % of GDP |
Research and Development Expenditure (2023)  | Yet to Update | Yet to Update |
Government Expenditure on Education (2023)  | 1.47 % of GDP | 2.19 % of GDP |
International Tourism Expenditure (2023)  | 469 million USD | 30 million USD |
Number of International Tourists Arrivals (2023)  | Yet to Update | Yet to Update |
Military Expenditure (2023)  | 3.02 % of GDP | 1.1 (% of GDP) |
The total Gross National Expenditure of South Sudan is 92.25% of its GDP and the total Gross National Expenditure of Equatorial Guinea is 92.62% of its GDP.
From the above data, we can say that South Sudan spends 1.00 times less of its GDP on Gross National Expenditure compared to Equatorial Guinea.
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Number of Doctors (2023)  | 0.43 (Per 10,000 People) | 3.5 (Per 10,000 People) |
Number of Nurses (2023)  | 7.1 (Per 10,000 People) | 4.37 (Per 10,000 People) |
Number of Pharmacists (2023)  | 0.13 (Per 10,000 People) | 0.07 (Per 10,000 People) |
Available Hospital Beds (2023)  | Yet to Update | 2.1 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | 61.9 % of total Population | 91.3 % of total Population |
South Sudan has 8.14 times less Doctors compared to Equatorial Guinea (Per 10,000 People).
South Sudan has 1.62 times more Nurses compared to Equatorial Guinea (Per 10,000 People).
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Agricultural Land (2023)  | 282,527 Sq Km | 1,049.2 Sq Km |
Forest Area (2023)  | 71,570 Sq Km | 24,400.6 Sq Km |
CO2 Emissions (2023)  | 0.15 kg per PPP $ of GDP | 0.19 kg per PPP $ of GDP |
Access to Electricity (2023)  | 8.4 % of total Population | 67 % of total Population |
Access to Internet (2023)  | 6.5 % of total Population | 53.92 % of total Population |
Annual Fresh Water Withdrawals (2023)  | 0.66 Billion cubic meters | 0.02 Billion cubic meters |
8.4% of the total Population of South Sudan has access to the electricity in their homes, whereas, in case of Equatorial Guinea, 67% of the total Population has access to electricity.
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Time Required to Start a Business (2023)  | 13 Days | 33 Days |
New Businesses Registered (2023)  | 1,765 (New Businesses) | Yet to Update |
New Businesses Registration Density (2023)  | 0.3 (Per 1000 People) | Yet to Update |
Cost of Business Start-Up Procedures (2023)  | 77.4 % of GNI Per Capita | 59.1 % of GNI Per Capita |
It usually takes 13 days in South Sudan and 33 days in Equatorial Guinea to register a new business legally and systematically.
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Imports of Goods and Services (2023)  | 28.9 % of GDP | 39.32 % of GDP |
Total Fuel Imports (2023)  | Yet to Update | 2.75 % of Merchandise Imports |
Cost to Import Border Compliance (2023)  | 781.25 USD | 985 USD |
Time to Import Border Compliance (2023)  | 179 Hours | 240 Hours |
Cost to Import Documentary Compliance (2023)  | 350 USD | 70 USD |
Time to Import Documentary Compliance (2023)  | 360 Hours | 240 Hours |
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Exports of Goods and Services (2023)  | 36.65 % of GDP | 47.81 % of GDP |
Total Fuel Exports (2023)  | Yet to Update | 1.71 % of Merchandise Exports |
Cost to Export Border Compliance (2023)  | 762.5 USD | 760 USD |
Time to Export Border Compliance (2023)  | 146 Hours | 132 Hours |
Cost to Export Documentary Compliance (2023)  | 193.75 USD | 85 USD |
Time to Export Documentary Compliance (2023)  | 192 Hours | 154 Hours |
Indicators | South Sudan | Equatorial Guinea |
|---|---|---|
Gross National Savings (2023)  | 6.18 % of GDP | Yet to Update |
Tax Revenue (2023)  | Yet to Update | 6.69 % of GDP |
Taxes on Exports (2023)  | Yet to Update | 0.56 % of Tax Revenue |
Taxes on Goods and Services (2023)  | Yet to Update | 3.95 % of Tax Revenue |
Taxes on International Trade (2023)  | Yet to Update | 1.13 % of Revenue |
Time to Prepare and Pay Taxes (2023)  | 210 Hours | 492 Hours |
Customs and Other Import Duties (2023)  | Yet to Update | 3.99 % of Tax Revenue |
We hope you enjoyed the detailed guide on the standard of living comparsion between South Sudan and Equatorial Guinea.
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