Published: Monday, 21th October 2024
The Standard of living in Timor-Leste is 1.24 times lesser as compared to Algeria.
In this page, you will find side-by-side Standard of Living comparison between Timor-Leste and Algeria. 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 Timor-Leste and Algeria.
Indicators | Timor-Leste | Algeria |
---|---|---|
Gross Domestic Product (GDP)(2023) | $2.77 billion USD | $224.107 billion USD |
GDP Per Capita (2023) | 2,014 USD | 4,874 USD |
GINI Ratio (2023) | 0.35 | 0.28 |
Inflation on Consumer Prices (2023) | 0.96 % annually | 9.32 % 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 Timor-Leste is $2.77 billion USD and that of Algeria is $224.107 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 Timor-Leste contributes less to the country's economy compared to a person working in Algeria.
Indicators | Timor-Leste | Algeria |
---|---|---|
Human Development Index (HDI) (2024) | 0.616 | 0.745 |
Human Capital Index (HCI) (2024) | 0.45 | 0.53 |
Literacy Rate (2023) | 69.9% (15 years+ above age) | 81.41% (15 years+ above age) |
Life Expectancy Ratio (2023) | 68 years | 76 years |
Healthy Life Expectancy Ratio (2023) | 59.5 years | 65.5 years |
Poverty Ratio (2023) | 41.8% of total Population | 5.5% of total Population |
Unemployment Rate (2023) | 1.52% of total labor force | 11.81% 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 Timor-Leste is [ 0.616 ] and the HDI of Algeria is [ 0.745 ].
The data shows that the people living in Timor-Leste has lower income, life expectancy and education level compared to Algeria.
Indicators | Timor-Leste | Algeria |
---|---|---|
Gross National Expenditure (2023) | 86.28 % of GDP | 95.86 % of GDP |
Total Health Expenditure (2023) | 11.44 % of GDP | 5.53 % of GDP |
Research and Development Expenditure (2023) | Yet to Update | 0.53 % of GDP |
Government Expenditure on Education (2023) | 2.97 % of GDP | 6.3 % of GDP |
International Tourism Expenditure (2023) | 61 million USD | 272 million USD |
Number of International Tourists Arrivals (2023) | Yet to Update | 591,000 |
Military Expenditure (2023) | 1.11 % of GDP | 4.78 (% of GDP) |
The total Gross National Expenditure of Timor-Leste is 86.28% of its GDP and the total Gross National Expenditure of Algeria is 95.86% of its GDP.
From the above data, we can say that Timor-Leste spends 1.11 times less of its GDP on Gross National Expenditure compared to Algeria.
Indicators | Timor-Leste | Algeria |
---|---|---|
Number of Doctors (2023) | 7.67 (Per 10,000 People) | 9.9 (Per 10,000 People) |
Number of Nurses (2023) | 17.7 (Per 10,000 People) | 3.2 (Per 10,000 People) |
Number of Pharmacists (2023) | 2.12 (Per 10,000 People) | 0.5 (Per 10,000 People) |
Available Hospital Beds (2023) | 5.9 (Per 1000 People) | 1.9 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023) | 84.4 % of total Population | 95.3 % of total Population |
Timor-Leste has 1.29 times less Doctors compared to Algeria (Per 10,000 People).
Timor-Leste has 5.53 times more Nurses compared to Algeria (Per 10,000 People).
Indicators | Timor-Leste | Algeria |
---|---|---|
Agricultural Land (2023) | 3,414 Sq Km | 413,160.72 Sq Km |
Forest Area (2023) | 9,197 Sq Km | 19,583.33 Sq Km |
CO2 Emissions (2023) | 0.05 kg per PPP $ of GDP | 0.29 kg per PPP $ of GDP |
Access to Electricity (2023) | 99.7 % of total Population | 100 % of total Population |
Access to Internet (2023) | 39.45 % of total Population | 70.77 % of total Population |
Annual Fresh Water Withdrawals (2023) | 1.17 Billion cubic meters | 9.8 Billion cubic meters |
99.7% of the total Population of Timor-Leste has access to the electricity in their homes, whereas, in case of Algeria, 100% of the total Population has access to electricity.
Indicators | Timor-Leste | Algeria |
---|---|---|
Time Required to Start a Business (2023) | 13 Days | 18 Days |
New Businesses Registered (2023) | 1,911 (New Businesses) | 17,867 (New Businesses) |
New Businesses Registration Density (2023) | 2.37 (Per 1000 People) | 0.63 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023) | 0.7 % of GNI Per Capita | 11.3 % of GNI Per Capita |
In the year 2023, 1,911 new businesses got registered in Timor-Leste and 17,867 new businesses got registered in Algeria.
It usually takes 13 days in Timor-Leste and 18 days in Algeria to register a new business legally and systematically.
Indicators | Timor-Leste | Algeria |
---|---|---|
Imports of Goods and Services (2023) | 41.96 % of GDP | 21.03 % of GDP |
Total Fuel Imports (2023) | 23.85 % of Merchandise Imports | 4.21 % of Merchandise Imports |
Cost to Import Border Compliance (2023) | 410 USD | 408.78 USD |
Time to Import Border Compliance (2023) | 100 Hours | 209.57 Hours |
Cost to Import Documentary Compliance (2023) | 115 USD | 399.78 USD |
Time to Import Documentary Compliance (2023) | 44 Hours | 96 Hours |
Indicators | Timor-Leste | Algeria |
---|---|---|
Exports of Goods and Services (2023) | 55.68 % of GDP | 25.17 % of GDP |
Total Fuel Exports (2023) | 68.61 % of Merchandise Exports | 96.11 % of Merchandise Exports |
Cost to Export Border Compliance (2023) | 350 USD | 592.89 USD |
Time to Export Border Compliance (2023) | 96 Hours | 80 Hours |
Cost to Export Documentary Compliance (2023) | 100 USD | 374.44 USD |
Time to Export Documentary Compliance (2023) | 33 Hours | 149.14 Hours |
Indicators | Timor-Leste | Algeria |
---|---|---|
Gross National Savings (2023) | 23.86 % of GDP | 41.23 % of GDP |
Tax Revenue (2023) | 21.67 % of GDP | Yet to Update |
Taxes on Exports (2023) | Yet to Update | Yet to Update |
Taxes on Goods and Services (2023) | 5.38 % of Tax Revenue | Yet to Update |
Taxes on International Trade (2023) | 1.29 % of Revenue | Yet to Update |
Time to Prepare and Pay Taxes (2023) | 234 Hours | 265 Hours |
Customs and Other Import Duties (2023) | 3.49 % of Tax Revenue | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living comparsion between Timor-Leste and Algeria.
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