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Economy of Bahamas vs Sudan compared: GDP & Debt

Updated on by Georank team

The Bahamas has a GDP of $15.8B compared to $49.7B for Sudan, ranking 140/197 and 94/197 by economy size, respectively.

The Bahamas has $11.5B in government debt (72.5% of GDP), compared to $130B (261.4% of GDP) in Sudan.

Bahamas vs Sudan GDP by year

Bahamas
Sudan
1x
Year GDP, current $
Bahamas Sudan
2024 $15,832,800,000 $49,672,435,513
2023 $15,271,300,000 $39,898,289,821
2022 $13,896,800,000 $51,666,875,363
2021 $12,037,000,000 $34,229,513,775
2020 $10,363,200,000 $27,034,593,750
2019 $13,277,000,000 $32,338,079,165
2018 $12,819,200,000 $32,333,780,383
2017 $12,446,900,000 $41,283,617,976
2016 $11,880,900,000 $42,630,376,000
2015 $11,837,600,000 $51,726,758,677
2014 $11,139,100,000 $49,516,748,618
2013 $10,475,300,000 $43,024,018,082
2012 $10,720,400,000 $37,632,919,967
2011 $10,070,450,000 $55,018,567,211
2010 $10,095,760,000 $58,962,978,034
2009 $9,981,960,000 $51,621,044,077
2008 $10,526,000,000 $64,833,083,257
2007 $10,618,340,000 $59,440,139,775
2006 $10,167,250,000 $45,263,831,634
2005 $9,836,200,000 $35,182,711,988
2004 $9,055,290,000 $26,646,007,251
2003 $8,870,090,000 $21,355,298,460
2002 $8,881,160,000 $18,137,128,388
2001 $8,317,830,000 $15,716,361,792
2000 $8,076,470,000 $12,257,299,147
1999 $7,683,870,000 $10,682,028,340
1998 $6,833,220,000 $11,250,221,537
1997 $6,332,360,000 $11,681,175,864
1996 $3,609,000,000 $9,018,300,725
1995 $3,429,000,000 $13,830,363,900
1994 $3,259,000,000 $12,793,794,737
1993 $3,092,000,000 $8,881,005,436
1992 $3,109,000,000 $7,031,933,492
1991 $3,111,160,000 $44,171,194,366
1990 $3,166,000,000 $33,641,222,222
1989 $3,062,000,000 $21,408,111,111
1988 $2,817,900,000 $14,372,555,556
1987 $2,713,999,900 $12,093,333,333
1986 $2,472,500,000 $10,092,200,000
1985 $2,320,699,900 $8,075,259,600
1984 $2,041,100,000 $10,447,615,385
1983 $1,732,800,000 $8,230,153,846
1982 $1,578,300,000 $8,732,542,274
1981 $1,426,500,000 $10,753,888,154
1980 $1,335,300,000 $8,951,800,000
1979 $1,139,800,100 $8,418,407,787
1978 $832,400,000 $8,128,719,315
1977 $713,000,000 $7,499,005,639
1976 $642,100,000 $6,013,210,816
1975 $596,200,000 $4,823,090,192
1974 $632,400,000 $3,958,931,660
1973 $670,900,000 $3,077,254,460
1972 $590,900,000 $2,483,055,722
1971 $573,400,000 $2,288,340,041
1970 $539,500,000 $2,100,229,759
1969 $538,700,000 $1,847,501,441
1968 $453,800,000 $1,677,771,401
1967 $398,000,000 $1,607,409,539
1966 $346,800,000 $1,484,491,676
1965 $300,272,048 $1,446,869,619
1964 $266,560,043 $1,388,282,600
1963 $237,650,038 $1,351,234,926
1962 $212,170,034 $1,328,259,625
1961 $190,022,030 $1,222,860,429
1960 $169,736,027 $1,126,364,162

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

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

GDP per capita in Bahamas vs Sudan by year

Bahamas
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $39,455 $41,198 $985 $2,116
2023 $38,232 $39,090 $797 $2,421
2022 $34,957 $36,791 $1,046 $3,355
2021 $30,368 $31,065 $712 $3,249
2020 $26,179 $27,205 $578 $3,349
2019 $33,640 $36,116 $710 $3,914
2018 $32,642 $35,228 $731 $4,199
2017 $31,875 $34,282 $967 $4,252
2016 $30,617 $32,285 $1,033 $4,470
2015 $30,719 $32,138 $1,292 $4,217
2014 $29,137 $31,726 $1,275 $4,261
2013 $27,643 $30,294 $1,139 $3,725
2012 $28,552 $31,036 $1,019 $3,710
2011 $27,091 $30,074 $1,522 $4,112
2010 $27,473 $29,625 $1,665 $3,806
2009 $27,513 $29,197 $1,493 $3,732
2008 $29,392 $30,679 $1,928 $3,938
2007 $30,052 $31,232 $1,814 $3,836
2006 $29,185 $30,402 $1,415 $3,637
2005 $28,602 $29,143 $1,125 $3,407
2004 $26,650 $27,660 $872 $3,215
2003 $26,429 $27,031 $714 $3,058
2002 $26,782 $27,171 $621 $2,898
2001 $25,372 $26,351 $551 $2,769
2000 $24,940 $25,422 $441 $2,616
1999 $24,041 $24,184 $394 $2,475
1998 $21,667 $22,556 $425 $2,428
1997 $20,368 $21,606 $453 $2,358
1996 $11,784 $21,287 $357 $2,006
1995 $11,375 $20,377 $561 $1,902
1994 $10,991 $19,441 $532 $1,805
1993 $10,613 $18,781 $379 $1,794
1992 $10,873 $18,636 $307 $1,710
1991 $11,082 $19,296 $1,966 $1,599
1990 $11,473 $19,817 $1,528 $1,468
1989 $11,291 - $992 -
1988 $10,576 - $680 -
1987 $10,361 - $584 -
1986 $9,601 - $497 -
1985 $9,167 - $406 -
1984 $8,202 - $534 -
1983 $7,081 - $431 -
1982 $6,559 - $472 -
1981 $6,029 - $605 -
1980 $5,743 - $525 -
1979 $4,994 - $515 -
1978 $3,720 - $518 -
1977 $3,253 - $497 -
1976 $2,993 - $413 -
1975 $2,841 - $343 -
1974 $3,080 - $291.5 -
1973 $3,341 - $235.8 -
1972 $3,014 - $198.2 -
1971 $3,004 - $189 -
1970 $2,916 - $179.6 -
1969 $3,027 - $163.5 -
1968 $2,668 - $153.7 -
1967 $2,453 - $152.4 -
1966 $2,239 - $145.6 -
1965 $2,030 - $146.8 -
1964 $1,883 - $145.7 -
1963 $1,759 - $146.6 -
1962 $1,651 - $148.9 -
1961 $1,555 - $141.6 -
1960 $1,459 - $134.7 -

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

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

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $985 in Sudan, ranking 179/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Sudan ranks 185th at $2,116.

Economic indicators

Bahamas Sudan
Gross domestic product
$15.8B
2024
$49.7B
2024
GDP rank
140/197
2024
94/197
2024
GDP growth
3.38%
2023-2024
-14%
2023-2024
GDP per capita
$39,455
2024
$985
2024
GDP per capita rank
30/197
2024
179/197
2024
GDP per capita, PPP
$41,198
2024
$2,116
2024
GDP per capita PPP rank
57/197
2024
185/197
2024
Government debt
$11.5B
2024
$130B
2024
Debt-to-GDP ratio
72.5%
2024
261.4%
2024
Government debt per person
$28,616
2024
$2,574
2024
Government debt per person rank
25/185
2024
109/185
2024
Average annual personal income after taxes
$29,535
2026
$1,704
2026
Income share by richest 10% n/a
27.8%
2014
Income share by poorest 10% n/a
3.2%
2014
Government expenditure, % of GDP
20.6%
2024
6.39%
2024
Consumer prices inflation
0.41%
2023-2024
138.8%
2021-2022
Central bank interest rate
4%
2016
n/a
Unemployment rate
8.65%
2023
7.53%
2022
Population
405203
53335233

Spending and national debt comparison by year

Bahamas
Spending

Debt
Sudan
Spending

Debt
1x
Year % of GDP
Bahamas Sudan
Government spending Government debt Government spending Government debt
2024 20.6% 72.5% 6.39% 261.4%
2023 22.2% 74.8% 8.23% 259.9%
2022 23.9% 79.1% 17.9% 186.9%
2021 26.9% 84.5% 9.84% 189.6%
2020 28.2% 81.9% 10.9% 278.3%
2019 19.9% 59.3% 18.7% 216.5%
2018 19.2% 60.6% 16.8% 209.8%
2017 22.5% 53.4% 12.8% 149.5%
2016 19.4% 51% 9.98% 109.9%
2015 17.9% 48.5% 12.4% 93.2%
2014 17.6% 46.3% 13.5% 84.4%
2013 18.4% 44.8% 15.3% 105.8%
2012 16.5% 36.4% 16.5% 117.7%
2011 17.1% 35.3% 18.2% 78.1%
2010 15.3% 33.7% 17.4% 74.6%
2009 15.6% 30.9% 18.8% 71%
2008 14.4% 25.5% 19.7% 55.8%
2007 13.3% 23% 19.6% 53.7%
2006 13% 22.8% 18.8% 63.7%
2005 12.3% 22% 19.7% 75.5%
2004 12.4% 21.4% 16.5% 97.8%
2003 11.8% 20.9% 12.5% 117.4%
2002 11.3% 18.8% 10.5% 121.7%
2001 11.2% 18.2% 9.87% 125.6%
2000 11.3% 18.7% 10.4% 143.2%
1999 8.78% 18.7% 8.4% 160.5%
1998 11.6% 20% 7.79% 179.7%
1997 12.5% 20.8% 7.38% 167.7%
1996 11.2% 20.2% 9.31% 220.9%
1995 11.2% 20.5% 12.9% 239%
1994 11.4% 20.4% 19.6% 386%
1993 11.5% 19.8% 23.7% 285.9%
1992 11.8% 17.9% 50.4% 495%
1991 12% 15.4% 45.7% -
1990 11.4% 13.2% 31% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, the Bahamas' government spending was $3.26B, accounting for 20.6% of its GDP, while Sudan spent $3.17B, or 6.39% of GDP.

Debt-to-GDP ratio is 72.5% in the Bahamas and 261.4% in Sudan, ranking 53/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Sudan
1x
Year Deficit/surplus, % of GDP
Bahamas Sudan
2024 -1.18% -3.46%
2023 -3.49% -3.7%
2022 -5.16% -2.15%
2021 -11.1% -0.29%
2020 -8.09% -6.03%
2019 -1.65% -10.8%
2018 -3.24% -7.92%
2017 -5.92% -6.07%
2016 -2.61% -3.92%
2015 -3.24% -3.87%
2014 -4.38% -4.72%
2013 -5.16% -5.76%
2012 -3.15% -7.37%
2011 -2.87% -2.33%
2010 -2.56% 0.11%
2009 -2.45% -3.8%
2008 -0.83% 0.49%
2007 -0.76% -2.84%
2006 -0.43% -1.32%
2005 -1.11% -1.88%
2004 -1.93% 0.16%
2003 -1.63% 0.77%
2002 -1.62% -0.69%
2001 0.3% -0.77%
2000 0.09% -0.7%
1999 1.68% -0.8%
1998 -0.41% -0.56%
1997 -1.56% -0.59%
1996 -0.15% -2.61%
1995 0.18% -3.48%
1994 -0.39% -3.03%
1993 -1.05% -8.04%
1992 -2.23% -24.5%
1991 -2.29% -26.5%
1990 -2.64% -16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, the Bahamas' government deficit, the difference between spending and revenue, was $187M, equivalent to 1.18% of GDP. This compares to Sudan's deficit of $1.72B, or 3.46% of GDP.

Over the past 35 years, the Bahamas recorded a fiscal deficit in 31 of those years, while Sudan ran a deficit in 31 years. On average, the Bahamas posted an annual deficit equal to 2.37% of GDP, compared to deficit of 4.72% of GDP for Sudan.

Inflation comparison by year

Inflation
Bahamas

Sudan
1x
Year Consumer prices inflation
Bahamas Sudan
2024 0.41% -
2023 3.05% -
2022 5.61% 138.8%
2021 2.9% 359%
2020 0.04% 163.3%
2019 2.49% 51%
2018 2.27% 63.3%
2017 1.52% 32.4%
2016 -0.35% 17.8%
2015 1.86% 16.9%
2014 1.51% 36.9%
2013 0.72% 36.5%
2012 1.97% 35.6%
2011 3.2% 18.1%
2010 1.34% 13%
2009 2.06% 11.3%
2008 4.49% 14.3%
2007 2.49% 14.8%
2006 2.39% 7.2%
2005 1.59% 8.51%
2004 0.98% 9.66%
2003 3.03% 6.49%
2002 2.17% 22.2%
2001 2.04% 1.94%
2000 1.61% 7.12%
1999 1.25% 17.2%
1998 1.34% 24.6%
1997 0.54% 47.2%

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

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

Over the past 26 years, the Bahamas has recorded an average annual inflation rate of 1.96%, compared with 45.2% in Sudan. In 2022, inflation was 0.41% in the Bahamas and 138.8% in Sudan.

Balance of trade

Bahamas Sudan
Current account balance
-$1.05B
2024
-$4.44B
2022
Current account balance ranking
127/190
2024
165/190
2022
Current account balance, % of GDP
-6.65%
2024
-8.6%
2022
Goods imports
$4.6B
2024
$9.99B
2022
Goods exports
$874M
2024
$4.36B
2022
Service imports
$2.47B
2024
$1.59B
2022
Service exports
$5.9B
2024
$1.55B
2022
Imports of goods and services, % of GDP
41.5%
2024
1.27%
2024
Exports of goods and services, % of GDP
37.8%
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.

Bahamas Sudan
Economic freedom 65.1 32.5
Economic freedom ranking 66/197 191/197
Property rights 62.7 6.5
Government integrity 67.1 13.8
Judicial effectiveness 79.8 2.4
Tax burden 96.1 84.7
Government spending 83.8 96.5
Fiscal health 9.1 64.6
Business freedom 69.4 27.3
Labor freedom 66.5 33.6
Monetary freedom 77.2 6.2
Trade freedom 59.4 29.6
Investment freedom 50 5
Financial freedom 60 20

Economic freedom comparison by year

Bahamas
Sudan
1x
Year Economic freedom index
Bahamas Sudan
2026 65.1 32.5
2025 63.2 35.3
2024 62.5 33.9
2023 62.6 32.8
2022 68.7 32
2021 64.6 39.1
2020 64.5 45
2019 62.9 47.7
2018 63.3 49.4
2017 61.1 48.8
2016 70.9 -
2015 68.7 -
2014 69.8 -
2013 70.1 -
2012 68 -
2011 68 -
2010 67.3 -
2009 70.3 -
2008 71.1 -
2007 72 -
2006 72.3 -
2005 72.6 -
2004 72.1 -
2003 73.5 -
2002 74.4 -
2001 74.8 -
2000 73.9 47.2
1999 74.7 39.6
1998 74.5 38.3
1997 74.5 39.9
1996 74 39.2
1995 71.8 39.4

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

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

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, 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

Bahamas Sudan
Services, % of GDP
77.2%
2024
54.7%
2024
Industry, % of GDP
9.63%
2024
23.2%
2024
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
22.2%
2024
GNI, Atlas method
$14.9B
2024
$35.8B
2024
GNI per capita, PPP
$39,550
2024
$2,050
2024
Total reserves including gold
$2.51B
2023
$178M
2017
Total reserves ranking
122/177
2023
171/177
2017
Net foreign direct investment
-$77.6M
2024
-$574M
2022
Net inflows of foreign direct investment
$241M
2024
$548M
2023
Net outflows of foreign direct investment
$163M
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.42%
2024
Poverty at national poverty lines
9.3%
2020
46.5%
2020
Gross capital formation, % of GDP
26.8%
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/bahamas/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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.

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.