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Tanzania vs Serbia (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Sunday, 12th January 2025

The Standard of living in Tanzania is 1.80 times lesser as compared to Serbia.

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

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$84.033 billion USD$75.015 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
1,326 USD11,301 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.410.33
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
3.8 % annually12.37 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
Yet to UpdateYet to Update
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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 Tanzania is $84.033 billion USD and that of Serbia is $75.015 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 Tanzania contributes less to the country's economy compared to a person working in Serbia.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.5320.805
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
0.390.68
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
82.02% (15 years+ above age)99.48% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
66.9 years72.8 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
59.1 years63.9 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
26.4% of total Population21.2% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
2.61% of total labor force8.68% 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 Tanzania is [ 0.532 ] and the HDI of Serbia is [ 0.805 ].

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

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
102.22 % of GDP104.5 % of GDP
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
4.2 % of GDP10.01 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
0.51 % of GDP0.97 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
3.26 % of GDP3.3 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
738.20 million USD1,179 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
1,527,000446,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.09 % of GDP2.28 (% of GDP)

The total Gross National Expenditure of Tanzania is 102.22% of its GDP and the total Gross National Expenditure of Serbia is 104.5% of its GDP.

From the above data, we can say that Tanzania spends 1.02 times less of its GDP on Gross National Expenditure compared to Serbia.

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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
0.1
(Per 10,000 People)
28.37
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
2.4
(Per 10,000 People)
59.33
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
0.2
(Per 10,000 People)
1.48
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
0.7
(Per 1000 People)
5.61
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
98 % of total Population99.4 % of total Population

Tanzania has 283.70 times less Doctors compared to Serbia (Per 10,000 People).

Tanzania has 24.72 times less Nurses compared to Serbia (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 tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
395,212 Sq Km34,850 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
452,760 Sq Km27,229.4 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.07 kg per PPP $ of GDP0.33 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
45.8 % of total Population100 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
31.63 % of total Population83.54 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
5.18 Billion cubic meters5.32 Billion cubic meters

45.8% of the total Population of Tanzania has access to the electricity in their homes, whereas, in case of Serbia, 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 tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
29.5 Days7 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
5,276 (New Businesses)11,110 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
0.17 (Per 1000 People)2.53 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
40.6 % of GNI Per Capita2.3 % of GNI Per Capita

In the year 2023, 5,276 new businesses got registered in Tanzania and 11,110 new businesses got registered in Serbia.

It usually takes 29.5 days in Tanzania and 7 days in Serbia 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 tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
19.97 % of GDP64.39 % of GDP
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
21.64 % of Merchandise Imports17.22 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
1,350 USD 52 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
402 Hours4.6 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
375 USD 35 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
240 Hours3 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
17.8 % of GDP59.88 % of GDP
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
3.57 % of Merchandise Exports2.62 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
1,175 USD47.25 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
96 Hours4.13 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
275 USD35 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
96 Hours2.33 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of tanzania
Tanzania
Image illustrating the flag of tanzania
Pictorial representation of map of serbia
Serbia
Image illustrating the flag of serbia
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
35.9 % of GDP19.43 % of GDP
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
11.47 % of GDP25.11 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
0.29 % of Tax RevenueYet to Update
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
34.85 % of Tax Revenue40.88 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
15.56 % of Revenue2.71 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
207 Hours225.5 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
19.07 % of Tax Revenue4.43 % of Tax Revenue

The taxes charged by Tanzania on international trade is 15.56% of the total revenue and the taxes charged by Serbia on international trade is 2.71% of the total revenue.

The Taxes charged on International Trade by Tanzania is 5.74 times more of its total revenue than of Serbia.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Tanzania and Serbia.

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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Pictorial representation of the map of Samoa
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