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Economy of Australia vs Sudan compared: GDP & Debt

Updated on by Georank team

Australia has a GDP of $1.76T compared to $49.7B for Sudan, ranking 14/197 and 94/197 by economy size, respectively.

Australia has $891B in government debt (50.7% of GDP), compared to $130B (261.4% of GDP) in Sudan.

Australia vs Sudan GDP by year

Australia
Sudan
1x
Year GDP, current $
Australia Sudan
2024 $1,757,022,451,653 $49,672,435,513
2023 $1,734,451,264,656 $39,898,289,821
2022 $1,695,627,535,476 $51,666,875,363
2021 $1,560,617,493,203 $34,229,513,775
2020 $1,333,336,461,648 $27,034,593,750
2019 $1,398,349,602,956 $32,338,079,165
2018 $1,433,144,978,762 $32,333,780,383
2017 $1,330,890,554,614 $41,283,617,976
2016 $1,211,588,128,418 $42,630,376,000
2015 $1,356,805,839,936 $51,726,758,677
2014 $1,474,677,007,566 $49,516,748,618
2013 $1,583,737,461,925 $43,024,018,082
2012 $1,552,728,401,402 $37,632,919,967
2011 $1,402,939,868,653 $55,018,567,211
2010 $1,152,566,632,022 $58,962,978,034
2009 $931,761,689,771 $51,621,044,077
2008 $1,058,448,244,064 $64,833,083,257
2007 $856,603,595,823 $59,440,139,775
2006 $749,708,370,333 $45,263,831,634
2005 $696,811,489,613 $35,182,711,988
2004 $615,643,050,221 $26,646,007,251
2003 $468,517,181,130 $21,355,298,460
2002 $396,436,967,263 $18,137,128,388
2001 $380,360,222,861 $15,716,361,792
2000 $416,901,962,163 $12,257,299,147
1999 $390,347,787,943 $10,682,028,340
1998 $400,361,527,505 $11,250,221,537
1997 $436,321,902,767 $11,681,175,864
1996 $401,962,517,479 $9,018,300,725
1995 $368,725,126,225 $13,830,363,900
1994 $323,269,456,935 $12,793,794,737
1993 $312,568,858,910 $8,881,005,436
1992 $325,982,966,981 $7,031,933,492
1991 $326,416,407,861 $44,171,194,366
1990 $311,840,666,465 $33,641,222,222
1989 $300,264,309,002 $21,408,111,111
1988 $236,461,079,970 $14,372,555,556
1987 $189,726,707,253 $12,093,333,333
1986 $182,707,050,923 $10,092,200,000
1985 $180,861,108,959 $8,075,259,600
1984 $193,749,932,078 $10,447,615,385
1983 $177,523,719,680 $8,230,153,846
1982 $194,323,071,831 $8,732,542,274
1981 $177,151,979,566 $10,753,888,154
1980 $150,200,557,103 $8,951,800,000
1979 $135,093,718,051 $8,418,407,787
1978 $118,660,813,780 $8,128,719,315
1977 $110,504,702,914 $7,499,005,639
1976 $105,209,354,856 $6,013,210,816
1975 $97,440,939,506 $4,823,090,192
1974 $89,086,219,602 $3,958,931,660
1973 $63,923,126,201 $3,077,254,460
1972 $52,117,990,654 $2,483,055,722
1971 $45,283,847,245 $2,288,340,041
1970 $41,395,206,623 $2,100,229,759
1969 $36,738,245,878 $1,847,501,441
1968 $32,763,365,242 $1,677,771,401
1967 $30,487,524,878 $1,607,409,539
1966 $27,349,284,376 $1,484,491,676
1965 $26,014,244,162 $1,446,869,619
1964 $23,835,843,814 $1,388,282,600
1963 $21,573,443,452 $1,351,234,926
1962 $19,953,923,193 $1,328,259,625
1961 $19,713,123,154 $1,222,860,429
1960 $18,635,682,982 $1,126,364,162

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/australia/sudan | CC BY

GDP per capita in Australia vs Sudan by year

Australia
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $64,604 $72,111 $985 $2,116
2023 $65,058 $72,273 $797 $2,421
2022 $65,170 $66,103 $1,046 $3,355
2021 $60,759 $58,327 $712 $3,249
2020 $51,983 $54,184 $578 $3,349
2019 $55,195 $52,886 $710 $3,914
2018 $57,410 $50,371 $731 $4,199
2017 $54,118 $48,565 $967 $4,252
2016 $50,084 $47,446 $1,033 $4,470
2015 $56,970 $46,465 $1,292 $4,217
2014 $62,817 $47,109 $1,275 $4,261
2013 $68,477 $46,123 $1,139 $3,725
2012 $68,301 $43,007 $1,019 $3,710
2011 $62,799 $42,153 $1,522 $4,112
2010 $52,314 $39,504 $1,665 $3,806
2009 $42,955 $40,434 $1,493 $3,732
2008 $49,811 $37,616 $1,928 $3,938
2007 $41,128 $36,708 $1,814 $3,836
2006 $36,659 $34,890 $1,415 $3,637
2005 $34,535 $33,090 $1,125 $3,407
2004 $30,886 $31,815 $872 $3,215
2003 $23,758 $30,167 $714 $3,058
2002 $20,335 $29,080 $621 $2,898
2001 $19,734 $27,688 $551 $2,769
2000 $21,909 $26,585 $441 $2,616
1999 $20,750 $25,531 $394 $2,475
1998 $21,516 $24,386 $425 $2,428
1997 $23,683 $23,142 $453 $2,358
1996 $22,056 $22,134 $357 $2,006
1995 $20,479 $21,050 $561 $1,902
1994 $18,156 $20,174 $532 $1,805
1993 $17,725 $19,220 $379 $1,794
1992 $18,650 $18,259 $307 $1,710
1991 $18,885 $17,839 $1,966 $1,599
1990 $18,274 $17,385 $1,528 $1,468
1989 $17,858 - $992 -
1988 $14,303 - $680 -
1987 $11,666 - $584 -
1986 $11,406 - $497 -
1985 $11,455 - $406 -
1984 $12,436 - $534 -
1983 $11,532 - $431 -
1982 $12,798 - $472 -
1981 $11,871 - $605 -
1980 $10,223 - $525 -
1979 $9,308 - $515 -
1978 $8,264 - $518 -
1977 $7,786 - $497 -
1976 $7,497 - $413 -
1975 $7,014 - $343 -
1974 $6,492 - $291.5 -
1973 $4,778 - $235.8 -
1972 $3,955 - $198.2 -
1971 $3,500 - $189 -
1970 $3,310 - $179.6 -
1969 $2,996 - $163.5 -
1968 $2,728 - $153.7 -
1967 $2,584 - $152.4 -
1966 $2,347 - $145.6 -
1965 $2,284 - $146.8 -
1964 $2,134 - $145.7 -
1963 $1,970 - $146.6 -
1962 $1,858 - $148.9 -
1961 $1,880 - $141.6 -
1960 $1,813 - $134.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/australia/sudan | CC BY

Australia's GDP per capita is $64,604, ranking 14/197, compared to $985 in Sudan, ranking 179/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Sudan ranks 185th at $2,116.

Economic indicators

Australia Sudan
Gross domestic product
$1.76T
2024
$49.7B
2024
GDP rank
14/197
2024
94/197
2024
GDP growth
1.37%
2023-2024
-14%
2023-2024
GDP per capita
$64,604
2024
$985
2024
GDP per capita rank
14/197
2024
179/197
2024
GDP per capita, PPP
$72,111
2024
$2,116
2024
GDP per capita PPP rank
22/197
2024
185/197
2024
Government debt
$891B
2024
$130B
2024
Debt-to-GDP ratio
50.7%
2024
261.4%
2024
Government debt per person
$32,764
2024
$2,574
2024
Government debt per person rank
22/185
2024
109/185
2024
Average annual personal income after taxes
$49,463
2026
$1,704
2026
Market capitalization of domestic companies
$1.74T
2024
n/a
Number of millionaires
1,904,000
2025
n/a
Number of billionaires
47
2025
n/a
Income share by richest 10%
25.5%
2020
27.8%
2014
Income share by poorest 10%
2.7%
2020
3.2%
2014
Government expenditure, % of GDP
38.9%
2024
6.39%
2024
Consumer prices inflation
3.16%
2023-2024
138.8%
2021-2022
Central bank interest rate
3.6%
2025
n/a
Unemployment rate
3.94%
2024
7.53%
2022
Population
27799169
53335233

Spending and national debt comparison by year

Australia
Spending

Debt
Sudan
Spending

Debt
1x
Year % of GDP
Australia Sudan
Government spending Government debt Government spending Government debt
2024 38.9% 50.7% 6.39% 261.4%
2023 37.6% 49.6% 8.23% 259.9%
2022 37.6% 50.2% 17.9% 186.9%
2021 41.8% 55.5% 9.84% 189.6%
2020 44.4% 57.1% 10.9% 278.3%
2019 38.9% 46.7% 18.7% 216.5%
2018 36.9% 41.8% 16.8% 209.8%
2017 36.8% 41.2% 12.8% 149.5%
2016 37.3% 40.6% 9.98% 109.9%
2015 37.3% 37.7% 12.4% 93.2%
2014 36.7% 34% 13.5% 84.4%
2013 36.4% 30.5% 15.3% 105.8%
2012 36.5% 27.5% 16.5% 117.7%
2011 36.3% 24% 18.2% 78.1%
2010 37% 20.3% 17.4% 74.6%
2009 37.8% 16.6% 18.8% 71%
2008 35.1% 11.7% 19.7% 55.8%
2007 34.3% 9.67% 19.6% 53.7%
2006 34.5% 9.94% 18.8% 63.7%
2005 34.6% 10.9% 19.7% 75.5%
2004 34.8% 11.9% 16.5% 97.8%
2003 34.9% 13.2% 12.5% 117.4%
2002 34.9% 15% 10.5% 121.7%
2001 35.6% 17.1% 9.87% 125.6%
2000 35.2% 19.5% 10.4% 143.2%
1999 36.2% 22.5% 8.4% 160.5%
1998 34.6% 23.7% 7.79% 179.7%
1997 32.8% 25.9% 7.38% 167.7%
1996 33.5% 29.3% 9.31% 220.9%
1995 33.7% 31.1% 12.9% 239%
1994 33.7% 31.7% 19.6% 386%
1993 34.1% 30.7% 23.7% 285.9%
1992 34.1% 27.6% 50.4% 495%
1991 33.1% 21.6% 45.7% -
1990 30.5% 16.4% 31% -
1989 34.5% 17% - -
1988 34.6% 20.5% - -
1987 36% 25.2% - -
1986 38.4% 25.5% - -
1985 38.7% 24% - -
1984 38.4% 22.3% - -
1983 37% 21% - -
1982 36.7% 16.8% - -
1981 33.4% 19.1% - -
1980 33.2% 21.2% - -
1979 32.5% 22.8% - -
1978 33.2% 24.7% - -
1977 34.1% 23.6% - -
1976 33.3% 22.9% - -
1975 33% 23.6% - -
1974 30.9% 22.3% - -
1973 26.6% 27.3% - -
1972 27% 30.7% - -
1971 26.1% 32.2% - -
1970 25.3% 34.9% - -
1969 24.7% 36.7% - -
1968 25.3% 39.4% - -
1967 26.4% 40.5% - -
1966 25.6% 42.4% - -
1965 25.8% 43.7% - -
1964 23.5% 44.9% - -
1963 23% 47.5% - -
1962 22.7% 50.2% - -
1961 23.3% 49.3% - -
1960 21.8% 48.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/australia/sudan | CC BY

In 2024, Australia's government spending was $684B, accounting for 38.9% of its GDP, while Sudan spent $3.17B, or 6.39% of GDP.

Debt-to-GDP ratio is 50.7% in Australia and 261.4% in Sudan, ranking 104/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Sudan
1x
Year Deficit/surplus, % of GDP
Australia Sudan
2024 -2.25% -3.46%
2023 -1.27% -3.7%
2022 -2.21% -2.15%
2021 -6.37% -0.29%
2020 -8.73% -6.03%
2019 -4.41% -10.8%
2018 -1.26% -7.92%
2017 -1.72% -6.07%
2016 -2.42% -3.92%
2015 -2.79% -3.87%
2014 -2.92% -4.72%
2013 -2.81% -5.76%
2012 -3.51% -7.37%
2011 -4.53% -2.33%
2010 -5.12% 0.11%
2009 -4.56% -3.8%
2008 -1.1% 0.49%
2007 1.47% -2.84%
2006 1.77% -1.32%
2005 1.71% -1.88%
2004 1.32% 0.16%
2003 1.05% 0.77%
2002 0.19% -0.69%
2001 -0.03% -0.77%
2000 1.25% -0.7%
1999 0.67% -0.8%
1998 -0.25% -0.56%
1997 -0.49% -0.59%
1996 -1.46% -2.61%
1995 -2.6% -3.48%
1994 -3.79% -3.03%
1993 -4.73% -8.04%
1992 -4.74% -24.5%
1991 -2.79% -26.5%
1990 -0.23% -16.2%
1989 -1.29% -
1988 -0.77% -
1987 -1.66% -
1986 -3.5% -
1985 -5.24% -
1984 -5.48% -
1983 -5.66% -
1982 -5.19% -
1981 -3.25% -
1980 -2.87% -
1979 -2.32% -
1978 -4.19% -
1977 -4.39% -
1976 -3.44% -
1975 -3.47% -
1974 -2.46% -
1973 0.16% -
1972 -0.97% -
1971 -0.23% -
1970 -0.23% -
1969 0.53% -
1968 -0.7% -
1967 -1.65% -
1966 -1.77% -
1965 -1.46% -
1964 0.19% -
1963 -0.26% -
1962 -0.38% -
1961 -0.78% -
1960 0.47% -
1959 0.06% -
1958 -0.25% -
1957 -0.33% -
1956 1% -
1955 0.08% -
1954 -0.27% -
1953 -0.86% -
1952 -0.44% -
1951 1.85% -
1950 4.29% -
1949 0.72% -
1948 2% -
1947 -0.45% -
1946 -4.09% -
1945 -8.87% -
1944 -11.8% -
1943 -12.4% -
1942 -5.17% -
1941 -2.14% -
1940 0.51% -
1939 0.77% -
1938 0.24% -
1937 0.28% -
1936 0.17% -
1935 0.24% -
1934 0.28% -
1933 0.28% -
1932 0.02% -
1931 -0.8% -
1930 -1% -
1929 -0.53% -
1928 -0.69% -
1927 -0.5% -
1926 -0.31% -
1925 -0.26% -
1924 -0.5% -
1923 -0.33% -
1922 -0.94% -
1921 -2% -
1920 -2.43% -
1919 -4.8% -
1918 -4.36% -
1917 -4.99% -
1916 -3.47% -
1915 -1.11% -
1914 -0.29% -
1913 0% -
1912 0.12% -
1911 0.39% -
1910 0.39% -
1909 0.37% -
1908 -0.15% -
1907 0.41% -
1906 0.23% -
1905 0.11% -
1904 -0.13% -
1903 -0.02% -
1902 0.16% -
1901 1.46% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/australia/sudan | CC BY

In 2024, Australia's government deficit, the difference between spending and revenue, was $39.5B, equivalent to 2.25% of GDP. This compares to Sudan's deficit of $1.72B, or 3.46% of GDP.

Over the past 35 years, Australia recorded a fiscal deficit in 27 of those years, while Sudan ran a deficit in 31 years. On average, Australia posted an annual deficit equal to 1.99% of GDP, compared to deficit of 4.72% of GDP for Sudan.

Inflation comparison by year

Inflation
Australia

Sudan
1x
Year Consumer prices inflation
Australia Sudan
2024 3.16% -
2023 5.6% -
2022 6.59% 138.8%
2021 2.86% 359%
2020 0.85% 163.3%
2019 1.61% 51%
2018 1.91% 63.3%
2017 1.95% 32.4%
2016 1.28% 17.8%
2015 1.51% 16.9%
2014 2.49% 36.9%
2013 2.45% 36.5%
2012 1.76% 35.6%
2011 3.3% 18.1%
2010 2.92% 13%
2009 1.77% 11.3%
2008 4.35% 14.3%
2007 2.33% 14.8%
2006 3.56% 7.2%
2005 2.69% 8.51%
2004 2.34% 9.66%
2003 2.73% 6.49%
2002 2.98% 22.2%
2001 4.41% 1.94%
2000 4.46% 7.12%
1999 1.48% 17.2%
1998 0.86% 24.6%
1997 0.22% 47.2%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/australia/sudan | CC BY

Over the past 26 years, Australia has recorded an average annual inflation rate of 2.53%, compared with 45.2% in Sudan. In 2022, inflation was 3.16% in Australia and 138.8% in Sudan.

Top exports between countries

Australia
Export category Export value
Raw agricultural goods $9.08M
Metals $429K
Machinery & equipment $390K
Textiles & consumer goods $205K
Raw materials & minerals $90K
Miscellaneous $70K
Processed food, beverages & tobacco $23K
Chemicals & pharma $17K
Wood & paper products $6K
Precious metals & jewellery $2K
Sudan
Export category Export value
Raw agricultural goods $4K
Processed food, beverages & tobacco $3K
Chemicals & pharma $2K
Miscellaneous $1K

Balance of trade

Australia Sudan
Current account balance
-$34.8B
2024
-$4.44B
2022
Current account balance ranking
187/190
2024
165/190
2022
Current account balance, % of GDP
-1.98%
2024
-8.6%
2022
Goods imports
$297B
2024
$9.99B
2022
Goods exports
$341B
2024
$4.36B
2022
Service imports
$109B
2024
$1.59B
2022
Service exports
$84.1B
2024
$1.55B
2022
Imports of goods and services, % of GDP
22.5%
2024
1.27%
2024
Exports of goods and services, % of GDP
24.6%
2024
0.72%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Australia Sudan
Economic freedom 80.1 32.5
Economic freedom ranking 5/197 191/197
Property rights 88.2 6.5
Government integrity 88.1 13.8
Judicial effectiveness 96.3 2.4
Tax burden 61.8 84.7
Government spending 56.6 96.5
Fiscal health 89 64.6
Business freedom 92.3 27.3
Labor freedom 61.5 33.6
Monetary freedom 77.2 6.2
Trade freedom 89.8 29.6
Investment freedom 80 5
Financial freedom 80 20

Economic freedom comparison by year

Australia
Sudan
1x
Year Economic freedom index
Australia Sudan
2026 80.1 32.5
2025 79.3 35.3
2024 76.2 33.9
2023 74.8 32.8
2022 77.7 32
2021 82.4 39.1
2020 82.6 45
2019 80.9 47.7
2018 80.9 49.4
2017 81 48.8
2016 80.3 -
2015 81.4 -
2014 82 -
2013 82.6 -
2012 83.1 -
2011 82.5 -
2010 82.6 -
2009 82.6 -
2008 82.2 -
2007 81.1 -
2006 79.9 -
2005 79 -
2004 77.9 -
2003 77.4 -
2002 77.3 -
2001 77.4 -
2000 77.1 47.2
1999 76.4 39.6
1998 75.6 38.3
1997 75.5 39.9
1996 74 39.2
1995 74.1 39.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/australia/sudan | CC BY

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 32.5 for Sudan, ranking 191/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Sudan
Services, % of GDP
66.1%
2024
54.7%
2024
Industry, % of GDP
25.5%
2024
23.2%
2024
Agriculture, forestry, and fishing, % of GDP
2.04%
2024
22.2%
2024
GNI, Atlas method
$1.7T
2024
$35.8B
2024
GNI per capita, PPP
$69,600
2024
$2,050
2024
Total reserves including gold
$60.4B
2024
$178M
2017
Total reserves ranking
39/177
2024
171/177
2017
Net foreign direct investment
-$39.2B
2024
-$574M
2022
Net inflows of foreign direct investment
$53.4B
2024
$548M
2023
Net outflows of foreign direct investment
$13.9B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.42%
2024
Poverty at national poverty lines n/a
46.5%
2020
Gross capital formation, % of GDP
24.3%
2024
2.89%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/australia/sudan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2018–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.