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Economy of Bahamas vs South Sudan compared: GDP & Debt

Updated on by Georank

The Bahamas has a GDP of $15.8B compared to $12B for South Sudan, ranking 145/197 and 151/197 by economy size, respectively.

The Bahamas has $11.7B in government debt (73.8% of GDP), compared to $6.98B (62.1% of GDP) in South Sudan.

Bahamas vs South Sudan GDP by year

Bahamas
South Sudan
1x
Year GDP, current $
Bahamas South Sudan
2024 $15,832,800,000 -
2023 $15,271,300,000 -
2022 $13,896,800,000 -
2021 $12,037,000,000 -
2020 $10,363,200,000 -
2019 $13,277,000,000 -
2018 $12,819,200,000 -
2017 $12,446,900,000 -
2016 $11,880,900,000 -
2015 $11,837,600,000 $11,997,800,760
2014 $11,139,100,000 $13,962,212,847
2013 $10,475,300,000 $18,426,469,017
2012 $10,720,400,000 $11,931,472,169
2011 $10,070,450,000 $14,907,308,933
2010 $10,095,760,000 $14,602,072,411
2009 $9,981,960,000 $12,231,264,525
2008 $10,526,000,000 $14,586,253,383
2007 $10,618,340,000 -
2006 $10,167,250,000 -
2005 $9,836,200,000 -
2004 $9,055,290,000 -
2003 $8,870,090,000 -
2002 $8,881,160,000 -
2001 $8,317,830,000 -
2000 $8,076,470,000 -
1999 $7,683,870,000 -
1998 $6,833,220,000 -
1997 $6,332,360,000 -
1996 $3,609,000,000 -
1995 $3,429,000,000 -
1994 $3,259,000,000 -
1993 $3,092,000,000 -
1992 $3,109,000,000 -
1991 $3,111,160,000 -
1990 $3,166,000,000 -
1989 $3,062,000,000 -
1988 $2,817,900,000 -
1987 $2,713,999,900 -
1986 $2,472,500,000 -
1985 $2,320,699,900 -
1984 $2,041,100,000 -
1983 $1,732,800,000 -
1982 $1,578,300,000 -
1981 $1,426,500,000 -
1980 $1,335,300,000 -
1979 $1,139,800,100 -
1978 $832,400,000 -
1977 $713,000,000 -
1976 $642,100,000 -
1975 $596,200,000 -
1974 $632,400,000 -
1973 $670,900,000 -
1972 $590,900,000 -
1971 $573,400,000 -
1970 $539,500,000 -
1969 $538,700,000 -
1968 $453,800,000 -
1967 $398,000,000 -
1966 $346,800,000 -
1965 $300,272,048 -
1964 $266,560,043 -
1963 $237,650,038 -
1962 $212,170,034 -
1961 $190,022,030 -
1960 $169,736,027 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/south-sudan | CC BY

GDP per capita in Bahamas vs South Sudan by year

Bahamas
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $39,455 $41,198 - -
2023 $38,232 $39,090 - -
2022 $34,957 $36,791 - -
2021 $30,368 $31,065 - -
2020 $26,179 $27,205 - -
2019 $33,640 $36,116 - -
2018 $32,642 $35,228 - -
2017 $31,875 $34,282 - -
2016 $30,617 $32,285 - -
2015 $30,719 $32,138 $1,080 $1,155
2014 $29,137 $31,726 $1,243 $1,373
2013 $27,643 $30,294 $1,650 $1,917
2012 $28,552 $31,036 $1,109 $1,417
2011 $27,091 $30,074 $1,449 $2,718
2010 $27,473 $29,625 $1,498 $2,948
2009 $27,513 $29,197 $1,323 $2,911
2008 $29,392 $30,679 $1,654 $2,887
2007 $30,052 $31,232 - -
2006 $29,185 $30,402 - -
2005 $28,602 $29,143 - -
2004 $26,650 $27,660 - -
2003 $26,429 $27,031 - -
2002 $26,782 $27,171 - -
2001 $25,372 $26,351 - -
2000 $24,940 $25,422 - -
1999 $24,041 $24,184 - -
1998 $21,667 $22,556 - -
1997 $20,368 $21,606 - -
1996 $11,784 $21,287 - -
1995 $11,375 $20,377 - -
1994 $10,991 $19,441 - -
1993 $10,613 $18,781 - -
1992 $10,873 $18,636 - -
1991 $11,082 $19,296 - -
1990 $11,473 $19,817 - -
1989 $11,291 - - -
1988 $10,576 - - -
1987 $10,361 - - -
1986 $9,601 - - -
1985 $9,167 - - -
1984 $8,202 - - -
1983 $7,081 - - -
1982 $6,559 - - -
1981 $6,029 - - -
1980 $5,743 - - -
1979 $4,994 - - -
1978 $3,720 - - -
1977 $3,253 - - -
1976 $2,993 - - -
1975 $2,841 - - -
1974 $3,080 - - -
1973 $3,341 - - -
1972 $3,014 - - -
1971 $3,004 - - -
1970 $2,916 - - -
1969 $3,027 - - -
1968 $2,668 - - -
1967 $2,453 - - -
1966 $2,239 - - -
1965 $2,030 - - -
1964 $1,883 - - -
1963 $1,759 - - -
1962 $1,651 - - -
1961 $1,555 - - -
1960 $1,459 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/south-sudan | CC BY

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $1,080 in South Sudan, ranking 180/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while South Sudan ranks 197th at $1,155.

Economic indicators

Bahamas South Sudan
Gross domestic product
$15.8B
2024
$12B
2015
GDP rank
145/197
2024
151/197
2015
GDP growth
3.38%
2023-2024
-10.8%
2014-2015
GDP per capita
$39,455
2024
$1,080
2015
GDP per capita rank
30/197
2024
180/197
2015
GDP per capita, PPP
$41,198
2024
$1,155
2015
GDP per capita PPP rank
57/197
2024
197/197
2015
Government debt
$11.7B
2024
$6.98B
2015
Debt-to-GDP ratio
73.8%
2025
62.1%
2025
Government debt per person
$29,123
2024
$628
2015
Government debt per person rank
25/185
2024
160/185
2015
Average annual personal income after taxes
$36,621
2026
$1,514
2026
Income share by richest 10% n/a
33%
2016
Income share by poorest 10% n/a
1.8%
2016
Government expenditure, % of GDP
21.5%
2025
18.4%
2025
Consumer prices inflation
0.41%
2023-2024
91.4%
2023-2024
Central bank interest rate
4%
2016
13%
2025
Unemployment rate
10.3%
2023
12.3%
2008
Population
405486
12565048

Spending and national debt comparison by year

Bahamas
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Bahamas South Sudan
Government spending Government debt Government spending Government debt
2025 21.5% 73.8% 18.4% 62.1%
2024 21% 73.8% 18.9% 53.4%
2023 23.2% 78.3% 21.3% 62%
2022 25.6% 84.7% 29.5% 42.1%
2021 28.9% 90.7% 44.1% 56.4%
2020 24.8% 71.9% 34.1% 48.3%
2019 20.3% 60.3% 47.9% 43.4%
2018 19.4% 61.5% 59.2% 84.3%
2017 23.1% 54.6% 42.2% 77.5%
2016 19.4% 51.1% 52% 128.9%
2015 18.4% 49.9% 33.7% 58.2%
2014 18.1% 47.7% 37.6% 39.6%
2013 18.1% 44.2% 25.3% 17.6%
2012 17% 37.6% 31.6% 8.91%
2011 17.1% 35.3% 20.8% 0%
2010 15.4% 33.9% - -
2009 15.2% 30.1% - -
2008 14.3% 25.3% - -
2007 13.6% 23.5% - -
2006 13.2% 23.2% - -
2005 12.9% 23% - -
2004 12.5% 21.6% - -
2003 11.8% 20.8% - -
2002 11.6% 19.4% - -
2001 11.4% 18.5% - -
2000 11.6% 19.2% - -
1999 9.3% 19.8% - -
1998 12% 20.8% - -
1997 12.9% 21.5% - -
1996 11.5% 20.7% - -
1995 11.5% 21% - -
1994 11.7% 20.9% - -
1993 11.5% 19.7% - -
1992 11.8% 17.9% - -
1991 11.9% 15.3% - -
1990 11.4% 13.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/south-sudan | CC BY

In 2024, the Bahamas' government spending was $3.32B, accounting for 21.5% of its GDP, while South Sudan spent $4.04B, or 18.4% of GDP.

Debt-to-GDP ratio is 73.8% in the Bahamas and 62.1% in South Sudan, ranking 52/185 and 71/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

South Sudan
1x
Year Deficit/surplus, % of GDP
Bahamas South Sudan
2025 -0.49% 3.45%
2024 -1.2% 11.5%
2023 -3.65% 9.12%
2022 -5.53% 4.43%
2021 -11.9% -9.3%
2020 -7.11% -5.5%
2019 -1.68% 0.04%
2018 -3.28% -1.15%
2017 -6.05% 4.16%
2016 -2.61% -15.5%
2015 -3.34% -16.3%
2014 -4.51% -9.53%
2013 -5.1% -3.45%
2012 -3.25% -14.8%
2011 -2.87% 4.57%
2010 -2.57% -
2009 -2.39% -
2008 -0.82% -
2007 -0.77% -
2006 -0.44% -
2005 -1.16% -
2004 -1.95% -
2003 -1.63% -
2002 -1.67% -
2001 0.3% -
2000 0.09% -
1999 1.78% -
1998 -0.43% -
1997 -1.6% -
1996 -0.15% -
1995 0.18% -
1994 -0.4% -
1993 -1.05% -
1992 -2.23% -
1991 -2.27% -
1990 -2.64% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/south-sudan | CC BY

In 2015, the Bahamas' government deficit, the difference between spending and revenue, was $395M, equivalent to 3.34% of GDP. This compares to South Sudan's deficit of $1.95B, or 16.3% of GDP.

Over the past 5 years, the Bahamas recorded a fiscal deficit in 5 of those years, while South Sudan ran a deficit in 4 years. On average, the Bahamas posted an annual deficit equal to 3.81% of GDP, compared to deficit of 7.9% of GDP for South Sudan.

Inflation comparison by year

Inflation
Bahamas

South Sudan
1x
Year Consumer prices inflation
Bahamas South Sudan
2024 0.41% 91.4%
2023 3.05% 2.38%
2022 5.61% -6.69%
2021 2.9% 10.5%
2020 0.04% 29.7%
2019 2.49% 87.2%
2018 2.27% 83.5%
2017 1.52% 187.9%
2016 -0.35% 380%
2015 1.86% 52.8%
2014 1.51% 1.67%
2013 0.72% -0.06%
2012 1.97% 45.5%
2011 3.2% 46.9%
2010 1.34% 1.17%
2009 2.06% 5.01%
2008 4.49% -
2007 2.49% -
2006 2.39% -
2005 1.59% -
2004 0.98% -
2003 3.03% -
2002 2.17% -
2001 2.04% -
2000 1.61% -
1999 1.25% -
1998 1.34% -
1997 0.54% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/south-sudan | CC BY

Over the past 16 years, the Bahamas has recorded an average annual inflation rate of 1.91%, compared with 63.7% in South Sudan. In 2024, inflation was 0.41% in the Bahamas and 91.4% in South Sudan.

Balance of trade

Bahamas South Sudan
Current account balance
-$1.05B
2024
$578M
2023
Current account balance ranking
120/190
2024
56/190
2023
Current account balance, % of GDP
-6.65%
2024
-4.17%
2015
Goods imports
$4.6B
2024
$2.25B
2023
Goods exports
$874M
2024
$4.01B
2023
Service imports
$2.47B
2024
$2.19B
2023
Service exports
$5.9B
2024
$484M
2023
Imports of goods and services, % of GDP
41.5%
2024
28.9%
2015
Exports of goods and services, % of GDP
37.8%
2024
36.7%
2015

Economic freedom indices

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

Bahamas South Sudan
Economic freedom 65.1 41
Economic freedom ranking 66/197 186/197
Property rights 62.7 n/a
Government integrity 67.1 n/a
Judicial effectiveness 79.8 n/a
Tax burden 96.1 n/a
Government spending 83.8 n/a
Fiscal health 9.1 n/a
Business freedom 69.4 n/a
Labor freedom 66.5 n/a
Monetary freedom 77.2 n/a
Trade freedom 59.4 n/a
Investment freedom 50 n/a
Financial freedom 60 n/a

Other economic metrics

Bahamas South Sudan
Services, % of GDP
77.2%
2024
56.6%
2015
Industry, % of GDP
9.63%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
10.4%
2015
GNI, Atlas method
$14.9B
2024
$11.7B
2015
GNI per capita, PPP
$39,610
2024
$1,010
2015
Total reserves including gold
$2.63B
2024
$16M
2024
Total reserves ranking
123/177
2024
177/177
2024
Net foreign direct investment
-$77.6M
2024
$2.21M
2019
Net inflows of foreign direct investment
$241M
2024
$83.4M
2024
Net outflows of foreign direct investment
$163M
2024
$0
2024
Poverty at national poverty lines
9.3%
2020
66%
2020
Gross capital formation, % of GDP
26.8%
2024
5.75%
2015

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/south-sudan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.

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.