Published: Monday, 21th October 2024
The Standard of living in Vatican City is 1.82 times lesser as compared to Central African Republic.
In this page, you will find side-by-side Standard of Living comparison between Vatican City and Central African Republic. 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 Vatican City and Central African Republic.
 Indicators  | Vatican City  | Central African Republic  |
|---|---|---|
Gross Domestic Product (GDP)(2023)  | Yet to Update USD | $2.760 billion USD |
GDP Per Capita (2023)  | Yet to Update | 539 USD |
GINI Ratio (2023)  | Yet to Update | 0.56 |
Inflation on Consumer Prices (2023)  | Yet to Update | 2.98 % 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.
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 | Central African Republic |
|---|---|---|
Human Development Index (HDI) (2024)  | Yet to Update | 0.387 |
Human Capital Index (HCI) (2024)  | Yet to Update | 0.29 |
Literacy Rate (2023)  | 87.25% (15 years+ above age) | 37.49% (15 years+ above age) |
Life Expectancy Ratio (2023)  | Yet to Update | 52.3 years |
Healthy Life Expectancy Ratio (2023)  | Yet to Update | 45.4 years |
Poverty Ratio (2023)  | Yet to Update | 68.8% of total Population |
Unemployment Rate (2023)  | Yet to Update | 6.29% 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.
Indicators | Vatican City | Central African Republic |
|---|---|---|
Gross National Expenditure (2023)  | Yet to Update | 129.45 % of GDP |
Total Health Expenditure (2023)  | Yet to Update | 9.07 % of GDP |
Research and Development Expenditure (2023)  | Yet to Update | Yet to Update |
Government Expenditure on Education (2023)  | Yet to Update | 2.12 % of GDP |
International Tourism Expenditure (2023)  | Yet to Update | 69.80 million USD |
Number of International Tourists Arrivals (2023)  | Yet to Update | 87,000 |
Military Expenditure (2023)  | Yet to Update | 1.7 (% of GDP) |
Indicators | Vatican City | Central African Republic |
|---|---|---|
Number of Doctors (2023)  | Yet to Update | 0.21 (Per 10,000 People) |
Number of Nurses (2023)  | Yet to Update | 1.91 (Per 10,000 People) |
Number of Pharmacists (2023)  | Yet to Update | Yet to Update |
Available Hospital Beds (2023)  | Yet to Update | 1 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023)  | Yet to Update | 51.8 % of total Population |
Indicators | Vatican City | Central African Republic |
|---|---|---|
Agricultural Land (2023)  | Yet to Update | 49,100 Sq Km |
Forest Area (2023)  | Yet to Update | 222,730 Sq Km |
CO2 Emissions (2023)  | Yet to Update | 0.04 kg per PPP $ of GDP |
Access to Electricity (2023)  | Yet to Update | 15.7 % of total Population |
Access to Internet (2023)  | Yet to Update | 10.58 % of total Population |
Annual Fresh Water Withdrawals (2023)  | Yet to Update | 0.07 Billion cubic meters |
Indicators | Vatican City | Central African Republic |
|---|---|---|
Time Required to Start a Business (2023)  | Yet to Update | 22 Days |
New Businesses Registered (2023)  | Yet to Update | 335 (New Businesses) |
New Businesses Registration Density (2023)  | Yet to Update | 0.13 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023)  | Yet to Update | 127.8 % of GNI Per Capita |
Indicators | Vatican City | Central African Republic |
|---|---|---|
Imports of Goods and Services (2023)  | Yet to Update | 29.04 % of GDP |
Total Fuel Imports (2023)  | Yet to Update | 4.57 % of Merchandise Imports |
Cost to Import Border Compliance (2023)  | Yet to Update | 709.29 USD |
Time to Import Border Compliance (2023)  | Yet to Update | 121.71 Hours |
Cost to Import Documentary Compliance (2023)  | Yet to Update | 500 USD |
Time to Import Documentary Compliance (2023)  | Yet to Update | 120 Hours |
Indicators | Vatican City | Central African Republic |
|---|---|---|
Exports of Goods and Services (2023)  | Yet to Update | 14.44 % of GDP |
Total Fuel Exports (2023)  | Yet to Update | 0.04 % of Merchandise Exports |
Cost to Export Border Compliance (2023)  | Yet to Update | 280 USD |
Time to Export Border Compliance (2023)  | Yet to Update | 141.4 Hours |
Cost to Export Documentary Compliance (2023)  | Yet to Update | 60 USD |
Time to Export Documentary Compliance (2023)  | Yet to Update | 48 Hours |
Indicators | Vatican City | Central African Republic |
|---|---|---|
Gross National Savings (2023)  | Yet to Update | 15.09 % of GDP |
Tax Revenue (2023)  | Yet to Update | 8.21 % of GDP |
Taxes on Exports (2023)  | Yet to Update | 0.36 % of Tax Revenue |
Taxes on Goods and Services (2023)  | Yet to Update | 30.15 % of Tax Revenue |
Taxes on International Trade (2023)  | Yet to Update | 15.86 % of Revenue |
Time to Prepare and Pay Taxes (2023)  | Yet to Update | 483 Hours |
Customs and Other Import Duties (2023)  | Yet to Update | 27.33 % of Tax Revenue |
We hope you enjoyed the detailed guide on the standard of living comparsion between Vatican City and Central African Republic.
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