Published: Monday, 21th October 2024
The Standard of living in Timor-Leste is 1.07 times lesser as compared to Kiribati.
In this page, you will find side-by-side Standard of Living comparison between Timor-Leste and Kiribati. 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 Kiribati.
 Indicators  | Timor-Leste  | Kiribati  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | $2.77 billion USD | $248 million USD |
GDP Per Capita (2023)  | 2,014 USD | 1,989 USD |
GINI Ratio (2023)  | 0.35 | 0.38 |
Inflation on Consumer Prices (2023)  | 0.96 % annually | 2.05 % 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 Kiribati is $248 million 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 more to the country's economy compared to a person working in Kiribati.
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Human Development Index (HDI) (2024)  | 0.616 | 0.628 |
Human Capital Index (HCI) (2024)  | 0.45 | 0.49 |
Literacy Rate (2023)  | 69.9% (15 years+ above age) | 91% (15 years+ above age) |
Life Expectancy Ratio (2023)  | 68 years | 60.9 years |
Healthy Life Expectancy Ratio (2023)  | 59.5 years | 53.6 years |
Poverty Ratio (2023)  | 41.8% of total Population | 21.9% of total Population |
Unemployment Rate (2023)  | 1.52% of total labor force | Yet to Update |
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 Kiribati is [ 0.628 ].
The data shows that the people living in Timor-Leste has lower income, life expectancy and education level compared to Kiribati.
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Gross National Expenditure (2023)  | 86.28 % of GDP | Yet to Update |
Total Health Expenditure (2023)  | 11.44 % of GDP | 14.81 % of GDP |
Research and Development Expenditure (2023)  | Yet to Update | Yet to Update |
Government Expenditure on Education (2023)  | 2.97 % of GDP | 16.58 % of GDP |
International Tourism Expenditure (2023)  | 61 million USD | 24.57 million USD |
Number of International Tourists Arrivals (2023)  | Yet to Update | 12,000 |
Military Expenditure (2023)  | 1.11 % of GDP | Yet to Update |
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Number of Doctors (2023)  | 7.67 (Per 10,000 People) | 1.94 (Per 10,000 People) |
Number of Nurses (2023)  | 17.7 (Per 10,000 People) | 36.22 (Per 10,000 People) |
Number of Pharmacists (2023)  | 2.12 (Per 10,000 People) | 0.25 (Per 10,000 People) |
Available Hospital Beds (2023)  | 5.9 (Per 1000 People) | 1.86 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | 84.4 % of total Population | 89.2 % of total Population |
Timor-Leste has 3.95 times more Doctors compared to Kiribati (Per 10,000 People).
Timor-Leste has 2.05 times less Nurses compared to Kiribati (Per 10,000 People).
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Agricultural Land (2023)  | 3,414 Sq Km | 340 Sq Km |
Forest Area (2023)  | 9,197 Sq Km | 11.8 Sq Km |
CO2 Emissions (2023)  | 0.05 kg per PPP $ of GDP | 0.17 kg per PPP $ of GDP |
Access to Electricity (2023)  | 99.7 % of total Population | 94.4 % of total Population |
Access to Internet (2023)  | 39.45 % of total Population | 53.63 % of total Population |
Annual Fresh Water Withdrawals (2023)  | 1.17 Billion cubic meters | Yet to Update |
99.7% of the total Population of Timor-Leste has access to the electricity in their homes, whereas, in case of Kiribati, 94.4% of the total Population has access to electricity.
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Time Required to Start a Business (2023)  | 13 Days | 31 Days |
New Businesses Registered (2023)  | 1,911 (New Businesses) | 2 (New Businesses) |
New Businesses Registration Density (2023)  | 2.37 (Per 1000 People) | 0.03 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023)  | 0.7 % of GNI Per Capita | 34.9 % of GNI Per Capita |
In the year 2023, 1,911 new businesses got registered in Timor-Leste and 2 new businesses got registered in Kiribati.
It usually takes 13 days in Timor-Leste and 31 days in Kiribati to register a new business legally and systematically.
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Imports of Goods and Services (2023)  | 41.96 % of GDP | 92.49 % of GDP |
Total Fuel Imports (2023)  | 23.85 % of Merchandise Imports | 12.54 % of Merchandise Imports |
Cost to Import Border Compliance (2023)  | 410 USD | 685 USD |
Time to Import Border Compliance (2023)  | 100 Hours | 96 Hours |
Cost to Import Documentary Compliance (2023)  | 115 USD | 120 USD |
Time to Import Documentary Compliance (2023)  | 44 Hours | 48 Hours |
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Exports of Goods and Services (2023)  | 55.68 % of GDP | 7.4 % of GDP |
Total Fuel Exports (2023)  | 68.61 % of Merchandise Exports | 0.02 % of Merchandise Exports |
Cost to Export Border Compliance (2023)  | 350 USD | 420 USD |
Time to Export Border Compliance (2023)  | 96 Hours | 72 Hours |
Cost to Export Documentary Compliance (2023)  | 100 USD | 310 USD |
Time to Export Documentary Compliance (2023)  | 33 Hours | 24 Hours |
Indicators | Timor-Leste | Kiribati |
|---|---|---|
Gross National Savings (2023)  | 23.86 % of GDP | Yet to Update |
Tax Revenue (2023)  | 21.67 % of GDP | 20.22 % of GDP |
Taxes on Exports (2023)  | Yet to Update | Yet to Update |
Taxes on Goods and Services (2023)  | 5.38 % of Tax Revenue | 14.9 % of Tax Revenue |
Taxes on International Trade (2023)  | 1.29 % of Revenue | 2 % of Revenue |
Time to Prepare and Pay Taxes (2023)  | 234 Hours | 168 Hours |
Customs and Other Import Duties (2023)  | 3.49 % of Tax Revenue | 7.8 % of Tax Revenue |
The taxes charged by Timor-Leste on international trade is 1.29% of the total revenue and the taxes charged by Kiribati on international trade is 2% of the total revenue.
The Taxes charged on International Trade by Timor-Leste is 1.55 times less of its total revenue than of Kiribati.
We hope you enjoyed the detailed guide on the standard of living comparsion between Timor-Leste and Kiribati.
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