Published: Monday, 21th October 2024
In this page, you will find a detailed guide on the standard of living in Vatican City, covering various aspects such as economy, health system factors, environment, import-export, taxes and finances.
 Indicators  | Vatican City  |
|---|---|
Gross Domestic Product (GDP) (2023)  | Yet to Update USD |
GDP Per Capita (2023)  | Yet to Update |
GINI Ratio (2023)  | Yet to Update |
Inflation on Consumer Prices (2023)  | Yet to Update |
Central Government Debt (2023)  | 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 Vatican City is Yet to Update 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.
Indicators | Vatican City |
|---|---|
Human Development Index (HDI) (2023)  | Yet to Update |
Human Capital Index (HCI) (2023)  | Yet to Update |
Literacy Rate (2023)  | 87.25% (15 years+ above age) |
Life Expectancy Ratio (2023)  | Yet to Update |
Healthy Life Expectancy Ratio (2023)  | Yet to Update |
Poverty Ratio (2023)  | Yet to Update |
Unemployment Rate (2023)  | 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. This is expressed as a value between 0 and 1. The higher a country's human development, the higher its HDI value.
Indicators | Vatican City |
|---|---|
Gross National Expenditure (2023)  | Yet to Update |
Total Health Expenditure (2023)  | Yet to Update |
Research and Development Expenditure (2023)  | Yet to Update |
Government Expenditure on Education (2023)  | Yet to Update |
International Tourism Expenditure (2023)  | Yet to Update |
Number of International Tourists Arrivals (2023)  | Yet to Update |
Military Expenditure (2023)  | Yet to Update |
Indicators | Vatican City |
|---|---|
Number of Doctors (2023)  | Yet to Update |
Number of Nurses (2023)  | Yet to Update |
Number of Pharmacists (2023)  | Yet to Update |
Available Hospital Beds (2023)  | Yet to Update |
Pregnant Women Receiving Prenatal Care (2023)  | Yet to Update |
Indicators | Vatican City |
|---|---|
Agricultural Land (2023)  | Yet to Update |
Forest Area (2023)  | Yet to Update |
CO2 Emissions (2023)  | Yet to Update |
Access to Electricity (2023)  | Yet to Update |
Access to Internet (2023)  | Yet to Update |
Annual Fresh Water Withdrawals (2023)  | Yet to Update |
Indicators | Vatican City |
|---|---|
Time Required to Start a Business (2023)  | Yet to Update |
New Businesses Registered (2023)  | Yet to Update |
New Businesses Registration Density (2023)  | Yet to Update |
Cost of Business Start-Up Procedures (2023)  | Yet to Update |
Indicators | Vatican City |
|---|---|
Imports of Goods and Services (2023)  | Yet to Update |
Total Fuel Imports (2023)  | Yet to Update |
Cost to Import Border Compliance (2023)  | Yet to Update |
Time to Import Border Compliance (2023)  | Yet to Update |
Cost to Import Documentary Compliance (2023)  | Yet to Update |
Time to Import Documentary Compliance (2023)  | Yet to Update |
Indicators | Vatican City |
|---|---|
Exports of Goods and Services (2023)  | Yet to Update |
Total Fuel Exports (2023)  | Yet to Update |
Cost to Export Border Compliance (2023)  | Yet to Update |
Time to Export Border Compliance (2023)  | Yet to Update |
Cost to Export Documentary Compliance (2023)  | Yet to Update |
Time to Export Documentary Compliance (2023)  | Yet to Update |
Indicators | Vatican City |
|---|---|
Gross National Savings (2023)  | Yet t Update |
Tax Revenue (2023)  | Yet t Update |
Taxes on Exports (2023)  | Yet to Update |
Taxes on Goods and Services (2023)  | Yet to Update |
Taxes on International Trade (2023)  | Yet to Update |
Time to Prepare and Pay Taxes (2023)  | Yet to Update |
Customs and Other Import Duties (2023)  | Yet to Update |
We hope you enjoyed the detailed guide on the standard of living in Vatican City.
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