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Economy of Barbados vs South Sudan compared: GDP & Debt

Updated on by Georank

Barbados has a GDP of $8.02B compared to $12B for South Sudan, ranking 157/197 and 151/197 by economy size, respectively.

Barbados has $7.55B in government debt (94.2% of GDP), compared to $6.98B (62.1% of GDP) in South Sudan.

Barbados vs South Sudan GDP by year

Barbados
South Sudan
1x
Year GDP, current $
Barbados South Sudan
2025 $8,016,550,000 -
2024 $7,597,571,450 -
2023 $7,223,248,150 -
2022 $6,886,644,900 -
2021 $5,948,900,600 -
2020 $5,403,246,950 -
2019 $6,166,710,800 -
2018 $6,001,101,550 -
2017 $5,847,381,600 -
2016 $5,679,029,450 -
2015 $5,699,619,150 $11,997,800,760
2014 $5,684,901,000 $13,962,212,847
2013 $5,660,059,700 $18,426,469,017
2012 $5,486,500,500 $11,931,472,169
2011 $5,563,162,050 $14,907,308,933
2010 $5,428,683,250 $14,602,072,411
2009 $4,466,809,600 $12,231,264,525
2008 $4,790,410,400 $14,586,253,383
2007 $4,675,767,950 -
2006 $4,217,323,400 -
2005 $3,819,500,000 -
2004 $3,444,500,000 -
2003 $3,209,500,000 -
2002 $3,106,500,000 -
2001 $3,054,500,000 -
2000 $3,059,500,000 -
1999 $2,951,822,205 -
1998 $2,817,083,478 -
1997 $2,498,384,130 -
1996 $2,363,645,403 -
1995 $2,216,974,096 -
1994 $2,151,344,901 -
1993 $2,063,342,117 -
1992 $1,957,000,000 -
1991 $2,020,583,702 -
1990 $2,012,131,457 -
1989 $2,006,165,167 -
1988 $1,812,757,918 -
1987 $1,704,370,308 -
1986 $1,547,755,183 -
1985 $1,409,536,121 -
1984 $1,346,890,071 -
1983 $1,236,016,507 -
1982 $1,163,923,830 -
1981 $1,114,204,743 -
1980 $1,012,280,615 -
1979 $670,362,452 -
1978 $552,883,707 -
1977 $495,097,668 -
1976 $435,911,269 -
1975 $402,178,605 -
1974 $311,804,630 -
1973 $260,767,828 -
1972 $213,725,217 -
1971 $186,826,503 -
1970 $166,210,203 -
1969 $141,393,142 -
1968 $125,733,669 -
1967 $125,554,009 -
1966 $113,195,123 -
1965 $105,021,997 -
1964 $99,252,731 -
1963 $99,893,761 -
1962 $88,782,583 -
1961 $85,363,759 -
1960 $80,021,847 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Barbados vs South Sudan by year

Barbados
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Barbados South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $28,365 - - -
2024 $26,897 $24,823 - -
2023 $25,584 $23,660 - -
2022 $24,393 $22,193 - -
2021 $21,084 $17,683 - -
2020 $19,181 $16,555 - -
2019 $21,929 $19,971 - -
2018 $21,378 $19,777 - -
2017 $20,871 $18,437 - -
2016 $20,311 $19,176 - -
2015 $20,429 $19,186 $1,080 $1,155
2014 $20,424 $18,595 $1,243 $1,373
2013 $20,384 $19,032 $1,650 $1,917
2012 $19,811 $19,605 $1,109 $1,417
2011 $20,146 $20,316 $1,449 $2,718
2010 $19,723 $20,033 $1,498 $2,948
2009 $16,295 $20,324 $1,323 $2,911
2008 $17,566 $21,376 $1,654 $2,887
2007 $17,235 $20,949 - -
2006 $15,620 $20,076 - -
2005 $14,214 $18,450 - -
2004 $12,886 $17,299 - -
2003 $12,076 $16,707 - -
2002 $11,760 $16,133 - -
2001 $11,640 $15,866 - -
2000 $11,675 $15,914 - -
1999 $11,244 $14,873 - -
1998 $10,734 $14,621 - -
1997 $9,522 $13,941 - -
1996 $9,012 $13,090 - -
1995 $8,460 $12,375 - -
1994 $8,223 $11,900 - -
1993 $7,905 $11,448 - -
1992 $7,519 $11,127 - -
1991 $7,790 $11,576 - -
1990 $7,781 $11,687 - -
1989 $7,773 - - -
1988 $7,033 - - -
1987 $6,625 - - -
1986 $6,031 - - -
1985 $5,510 - - -
1984 $5,284 - - -
1983 $4,866 - - -
1982 $4,599 - - -
1981 $4,417 - - -
1980 $4,025 - - -
1979 $2,668 - - -
1978 $2,198 - - -
1977 $1,968 - - -
1976 $1,734 - - -
1975 $1,601 - - -
1974 $1,243 - - -
1973 $1,042 - - -
1972 $856 - - -
1971 $750 - - -
1970 $666 - - -
1969 $567 - - -
1968 $506 - - -
1967 $508 - - -
1966 $462 - - -
1965 $433 - - -
1964 $414 - - -
1963 $421 - - -
1962 $377 - - -
1961 $366 - - -
1960 $347 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Barbados' GDP per capita is $28,365, ranking 48/197, compared to $1,080 in South Sudan, ranking 180/197. Adjusted for purchasing power (GDP per capita PPP), Barbados ranks 84th at $24,823, while South Sudan ranks 197th at $1,155.

Economic indicators

Barbados South Sudan
Gross domestic product
$8.02B
2025
$12B
2015
GDP rank
157/197
2025
151/197
2015
GDP growth
2.7%
2024-2025
-10.8%
2014-2015
GDP per capita
$28,365
2025
$1,080
2015
GDP per capita rank
48/197
2025
180/197
2015
GDP per capita, PPP
$24,823
2024
$1,155
2015
GDP per capita PPP rank
84/197
2024
197/197
2015
Government debt
$7.55B
2025
$6.98B
2015
Debt-to-GDP ratio
94.2%
2025
62.1%
2025
Government debt per person
$26,731
2025
$628
2015
Government debt per person rank
28/185
2025
160/185
2015
Average annual personal income after taxes
$19,127
2026
$1,514
2026
Market capitalization of domestic companies
$2.78B
2020
n/a
Number of billionaires
1
2026
n/a
Income share by richest 10%
25.8%
2016
33%
2016
Income share by poorest 10%
2.5%
2016
1.8%
2016
Government expenditure, % of GDP
27%
2025
18.4%
2025
Consumer prices inflation
0.85%
2024-2025
91.4%
2023-2024
Central bank interest rate
2%
2020
13%
2025
Unemployment rate
6.03%
2024
12.3%
2008
Population
282789
12565048

Spending and national debt comparison by year

Barbados
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Barbados South Sudan
Government spending Government debt Government spending Government debt
2025 27% 94.2% 18.4% 62.1%
2024 28.1% 98.9% 18.9% 53.4%
2023 26.5% 104.1% 21.3% 62%
2022 26.9% 104% 29.5% 42.1%
2021 27.1% 108.6% 44.1% 56.4%
2020 30.6% 129.6% 34.1% 48.3%
2019 22.2% 101.6% 47.9% 43.4%
2018 25% 107.2% 59.2% 84.3%
2017 28% 134.6% 42.2% 77.5%
2016 28.6% 127.1% 52% 128.9%
2015 29.2% 122.5% 33.7% 58.2%
2014 27.4% 115.1% 37.6% 39.6%
2013 29.1% 111.7% 25.3% 17.6%
2012 28.9% 103.5% 31.6% 8.91%
2011 26.5% 94.4% 20.8% 0%
2010 28% 90.3% - -
2009 27.8% 83.5% - -
2008 27.1% 69.8% - -
2007 26.1% 64.9% - -
2006 25% 64.1% - -
2005 26.4% 62.7% - -
2004 26.2% 61% - -
2003 27.7% 61.8% - -
2002 29.1% 62% - -
2001 20.7% 59% - -
2000 19.7% 53.6% - -
1999 18.5% 47% - -
1998 17.8% 47.2% - -
1997 19.6% 52% - -
1996 19.1% 52.3% - -
1995 17.3% 52% - -
1994 15.9% 51.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08).

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

In 2025, Barbados' government spending was $2.16B, accounting for 27% of its GDP, while South Sudan spent $4.04B, or 18.4% of GDP.

Debt-to-GDP ratio is 94.2% in Barbados and 62.1% in South Sudan, ranking 28/185 and 71/185, respectively.

Government deficit by year

Deficit/surplus
Barbados

South Sudan
1x
Year Deficit/surplus, % of GDP
Barbados South Sudan
2025 -0.31% 3.45%
2024 -0.84% 11.5%
2023 -1.57% 9.12%
2022 -1.74% 4.43%
2021 -3.88% -9.3%
2020 -4.19% -5.5%
2019 2.86% 0.04%
2018 -0.32% -1.15%
2017 -3.64% 4.16%
2016 -4.55% -15.5%
2015 -7.58% -16.3%
2014 -6.2% -9.53%
2013 -8.46% -3.45%
2012 -6.69% -14.8%
2011 -3.47% 4.57%
2010 -7.1% -
2009 -6.19% -
2008 -3.94% -
2007 -4.08% -
2006 -3.13% -
2005 -2.78% -
2004 -2.73% -
2003 -2.86% -
2002 -4.96% -
2001 3.83% -
2000 4.68% -
1999 5.06% -
1998 5.63% -
1997 5.15% -
1996 3.5% -
1995 5.79% -
1994 6.28% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08).

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

In 2015, Barbados' government deficit, the difference between spending and revenue, was $432M, equivalent to 7.58% of GDP. This compares to South Sudan's deficit of $1.95B, or 16.3% of GDP.

Over the past 5 years, Barbados recorded a fiscal deficit in 5 of those years, while South Sudan ran a deficit in 4 years. On average, Barbados posted an annual deficit equal to 6.48% of GDP, compared to deficit of 7.9% of GDP for South Sudan.

Inflation comparison by year

Inflation
Barbados

South Sudan
1x
Year Consumer prices inflation
Barbados South Sudan
2025 0.85% -
2024 1.45% 91.4%
2023 3.19% 2.38%
2022 - -6.69%
2021 - 10.5%
2020 - 29.7%
2019 1.68% 87.2%
2018 3.11% 83.5%
2017 4.66% 187.9%
2016 1.28% 380%
2015 -1.11% 52.8%
2014 1.77% 1.67%
2013 1.81% -0.06%
2012 4.53% 45.5%
2011 9.43% 46.9%
2010 5.82% 1.17%
2009 3.64% 5.01%
2008 8.11% -
2007 4.03% -
2006 7.31% -
2005 6.08% -
2004 1.39% -
2003 1.62% -
2002 0.13% -
2001 2.58% -
2000 2.44% -
1999 1.56% -
1998 -1.27% -
1997 7.71% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 16 years, Barbados has recorded an average annual inflation rate of 3.17%, compared with 63.7% in South Sudan. In 2024, inflation was 0.85% in Barbados and 91.4% in South Sudan.

Balance of trade

Barbados South Sudan
Current account balance
-$296M
2017
$578M
2023
Current account balance ranking
96/190
2017
56/190
2023
Current account balance, % of GDP
-5.07%
2017
-4.17%
2015
Goods imports
$1.53B
2017
$2.25B
2023
Goods exports
$705M
2017
$4.01B
2023
Service imports
$687M
2017
$2.19B
2023
Service exports
$1.52B
2017
$484M
2023
Imports of goods and services, % of GDP n/a
28.9%
2015
Exports of goods and services, % of GDP
14.5%
2026
36.7%
2015

Economic freedom indices

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

Barbados South Sudan
Economic freedom 70.4 41
Economic freedom ranking 34/197 186/197
Property rights 76.4 n/a
Government integrity 71.3 n/a
Judicial effectiveness 87.3 n/a
Tax burden 83.2 n/a
Government spending 74.5 n/a
Fiscal health 76.5 n/a
Business freedom 72.3 n/a
Labor freedom 54.3 n/a
Monetary freedom 80.8 n/a
Trade freedom 48.2 n/a
Investment freedom 60 n/a
Financial freedom 60 n/a

Other economic metrics

Barbados South Sudan
Services, % of GDP
75.8%
2024
56.6%
2015
Industry, % of GDP
12.2%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
1.55%
2024
10.4%
2015
GNI, Atlas method
$7.65B
2025
$11.7B
2015
GNI per capita, PPP
$24,840
2025
$1,010
2015
Total reserves including gold
$1.65B
2024
$16M
2024
Total reserves ranking
131/177
2024
177/177
2024
Net foreign direct investment
-$208M
2017
$2.21M
2019
Net inflows of foreign direct investment
$303M
2024
$83.4M
2024
Net outflows of foreign direct investment
$18.6M
2024
$0
2024
Poverty at national poverty lines
25.7%
2016
66%
2020
Gross capital formation, % of GDP n/a
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/barbados/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 (1994–2025, 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, 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.