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Economy of Belize vs South Sudan compared: GDP & Debt

Updated on by Georank

Belize has a GDP of $3.33B compared to $12B for South Sudan, ranking 170/197 and 151/197 by economy size, respectively.

Belize has $2.26B in government debt (67.9% of GDP), compared to $6.98B (62.1% of GDP) in South Sudan.

Belize vs South Sudan GDP by year

Belize
South Sudan
1x
Year GDP, current $
Belize South Sudan
2025 $3,326,500,000 -
2024 $3,203,631,800 -
2023 $3,052,362,650 -
2022 $2,846,604,350 -
2021 $2,428,606,250 -
2020 $2,047,284,600 -
2019 $2,381,187,850 -
2018 $2,285,915,050 -
2017 $2,266,028,250 -
2016 $2,239,604,950 -
2015 $2,193,095,150 $11,997,800,760
2014 $2,138,242,200 $13,962,212,847
2013 $2,035,191,450 $18,426,469,017
2012 $1,917,083,500 $11,931,472,169
2011 $1,831,576,700 $14,907,308,933
2010 $1,748,988,400 $14,602,072,411
2009 $1,688,012,750 $12,231,264,525
2008 $1,738,453,600 $14,586,253,383
2007 $1,706,190,450 -
2006 $1,590,463,100 -
2005 $1,474,298,400 -
2004 $1,400,202,000 -
2003 $1,308,280,250 -
2002 $1,243,912,050 -
2001 $1,172,045,150 -
2000 $1,138,138,100 -
1999 $999,713,050 -
1998 $929,047,000 -
1997 $872,916,050 -
1996 $850,339,100 -
1995 $818,590,250 -
1994 $771,838,000 -
1993 $752,255,150 -
1992 $695,741,150 -
1991 $596,682,100 -
1990 $546,750,912 -
1989 $491,100,000 -
1988 $421,450,000 -
1987 $371,100,000 -
1986 $311,500,000 -
1985 $287,300,000 -
1984 $290,350,000 -
1983 $262,150,000 -
1982 $248,550,000 -
1981 $260,750,000 -
1980 $257,400,000 -
1979 $151,800,000 -
1978 $136,300,000 -
1977 $117,650,000 -
1976 $97,094,227 -
1975 $118,194,026 -
1974 $103,160,450 -
1973 $78,214,768 -
1972 $65,998,069 -
1971 $59,074,687 -
1970 $53,339,893 -
1969 $47,399,905 -
1968 $44,999,910 -
1967 $47,431,256 -
1966 $44,450,044 -
1965 $40,110,040 -
1964 $36,194,586 -
1963 $33,750,114 -
1962 $31,857,592 -
1961 $29,965,000 -
1960 $28,072,478 -

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

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

GDP per capita in Belize vs South Sudan by year

Belize
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belize South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,865 - - -
2024 $7,681 $14,347 - -
2023 $7,425 $13,730 - -
2022 $7,068 $13,461 - -
2021 $6,143 $11,716 - -
2020 $5,239 $9,639 - -
2019 $6,172 $10,500 - -
2018 $6,012 $9,497 - -
2017 $6,072 $9,121 - -
2016 $6,141 $9,399 - -
2015 $6,155 $9,538 $1,080 $1,155
2014 $6,128 $9,490 $1,243 $1,373
2013 $5,957 $9,526 $1,650 $1,917
2012 $5,733 $9,303 $1,109 $1,417
2011 $5,596 $9,722 $1,449 $2,718
2010 $5,461 $9,748 $1,498 $2,948
2009 $5,400 $9,728 $1,323 $2,911
2008 $5,712 $9,975 $1,654 $2,887
2007 $5,762 $10,226 - -
2006 $5,525 $9,910 - -
2005 $5,270 $9,466 - -
2004 $5,154 $9,245 - -
2003 $4,960 $8,850 - -
2002 $4,859 $8,154 - -
2001 $4,719 $7,852 - -
2000 $4,727 $7,544 - -
1999 $4,290 $6,790 - -
1998 $4,126 $6,333 - -
1997 $4,014 $6,243 - -
1996 $4,043 $6,087 - -
1995 $4,010 $6,091 - -
1994 $3,877 $6,073 - -
1993 $3,860 $6,075 - -
1992 $3,643 $5,706 - -
1991 $3,190 $5,053 - -
1990 $2,986 $4,467 - -
1989 $2,742 - - -
1988 $2,406 - - -
1987 $2,166 - - -
1986 $1,859 - - -
1985 $1,754 - - -
1984 $1,814 - - -
1983 $1,677 - - -
1982 $1,629 - - -
1981 $1,753 - - -
1980 $1,774 - - -
1979 $1,071 - - -
1978 $983 - - -
1977 $866 - - -
1976 $729 - - -
1975 $906 - - -
1974 $805 - - -
1973 $619 - - -
1972 $529 - - -
1971 $481 - - -
1970 $442 - - -
1969 $402 - - -
1968 $392 - - -
1967 $426 - - -
1966 $412 - - -
1965 $383 - - -
1964 $356 - - -
1963 $342 - - -
1962 $332 - - -
1961 $320 - - -
1960 $307 - - -

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

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

Belize's GDP per capita is $7,865, ranking 99/197, compared to $1,080 in South Sudan, ranking 180/197. Adjusted for purchasing power (GDP per capita PPP), Belize ranks 117th at $14,347, while South Sudan ranks 197th at $1,155.

Economic indicators

Belize South Sudan
Gross domestic product
$3.33B
2025
$12B
2015
GDP rank
170/197
2025
151/197
2015
GDP growth
2.75%
2024-2025
-10.8%
2014-2015
GDP per capita
$7,865
2025
$1,080
2015
GDP per capita rank
99/197
2025
180/197
2015
GDP per capita, PPP
$14,347
2024
$1,155
2015
GDP per capita PPP rank
117/197
2024
197/197
2015
Government debt
$2.26B
2025
$6.98B
2015
Debt-to-GDP ratio
67.9%
2025
62.1%
2025
Government debt per person
$5,339
2025
$628
2015
Government debt per person rank
81/185
2025
160/185
2015
Average annual personal income after taxes
$5,278
2026
$1,514
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
30%
2018
33%
2016
Income share by poorest 10%
2.2%
2018
1.8%
2016
Government expenditure, % of GDP
25.9%
2025
18.4%
2025
Consumer prices inflation
1.1%
2024-2025
91.4%
2023-2024
Central bank interest rate n/a
13%
2025
Unemployment rate
29.3%
2020
12.3%
2008
Population
431659
12565048

Spending and national debt comparison by year

Belize
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Belize South Sudan
Government spending Government debt Government spending Government debt
2025 25.9% 67.9% 18.4% 62.1%
2024 26.8% 65.4% 18.9% 53.4%
2023 25.8% 67.5% 21.3% 62%
2022 23.4% 66.8% 29.5% 42.1%
2021 25.7% 82.2% 44.1% 56.4%
2020 33.2% 103% 34.1% 48.3%
2019 27.5% 78.6% 47.9% 43.4%
2018 26.9% 79% 59.2% 84.3%
2017 27.7% 78.1% 42.2% 77.5%
2016 27.7% 70.5% 52% 128.9%
2015 27.9% 65.1% 33.7% 58.2%
2014 24.8% 61.5% 37.6% 39.6%
2013 23.8% 62.8% 25.3% 17.6%
2012 22.1% 63.1% 31.6% 8.91%
2011 23.5% 66.2% 20.8% 0%
2010 23.3% 68.4% - -
2009 23.2% 69.7% - -
2008 21.8% 64.7% - -
2007 22.1% 66.4% - -
2006 21.2% 71.4% - -
2005 21.4% 72.7% - -
2004 21.7% 70.7% - -
2003 24.6% 67.2% - -
2002 24.4% 53.2% - -
2001 25.9% 49.5% - -
2000 23.2% 79% - -
1999 23.6% 41.5% - -
1998 20.9% 38.7% - -
1997 19.9% 39.4% - -
1996 19.9% 38.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1996–2000, retrieved 2026-07-08).

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

In 2025, Belize's government spending was $861M, accounting for 25.9% of its GDP, while South Sudan spent $4.04B, or 18.4% of GDP.

Debt-to-GDP ratio is 67.9% in Belize and 62.1% in South Sudan, ranking 61/185 and 71/185, respectively.

Government deficit by year

Deficit/surplus
Belize

South Sudan
1x
Year Deficit/surplus, % of GDP
Belize South Sudan
2025 -0.96% 3.45%
2024 -1.52% 11.5%
2023 -2.42% 9.12%
2022 -1.04% 4.43%
2021 -3.29% -9.3%
2020 -8.57% -5.5%
2019 -2.9% 0.04%
2018 -1.37% -1.15%
2017 -3.48% 4.16%
2016 -4.47% -15.5%
2015 -5.14% -16.3%
2014 -1.72% -9.53%
2013 -1.21% -3.45%
2012 -0.22% -14.8%
2011 -1.06% 4.57%
2010 -1.9% -
2009 -2.46% -
2008 1.25% -
2007 -0.19% -
2006 -2.27% -
2005 -3.7% -
2004 -4.52% -
2003 -8.41% -
2002 -5.41% -
2001 -7.23% -
2000 -6.68% -
1999 -6.51% -
1998 -2.69% -
1997 -1.81% -
1996 -1.76% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08).

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

In 2015, Belize's government deficit, the difference between spending and revenue, was $113M, equivalent to 5.14% of GDP. This compares to South Sudan's deficit of $1.95B, or 16.3% of GDP.

Over the past 5 years, Belize recorded a fiscal deficit in 5 of those years, while South Sudan ran a deficit in 4 years. On average, Belize posted an annual deficit equal to 1.87% of GDP, compared to deficit of 7.9% of GDP for South Sudan.

Inflation comparison by year

Inflation
Belize

South Sudan
1x
Year Consumer prices inflation
Belize South Sudan
2025 1.1% -
2024 3.3% 91.4%
2023 4.4% 2.38%
2022 6.3% -6.69%
2021 3.2% 10.5%
2020 0.1% 29.7%
2019 0.2% 87.2%
2018 0.3% 83.5%
2017 1.1% 187.9%
2016 0.7% 380%
2015 -0.9% 52.8%
2014 1.2% 1.67%
2013 0.5% -0.06%
2012 1.2% 45.5%
2011 1.7% 46.9%
2010 0.9% 1.17%
2009 -1.1% 5.01%
2008 6.4% -
2007 2.3% -
2006 4.2% -
2005 3.7% -
2004 3.1% -
2003 2.6% -
2002 2.2% -
2001 1.1% -
2000 0.6% -
1999 -1.2% -
1998 -0.8% -
1997 1% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (2009–2024, retrieved 2026-07-08).

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

Over the past 16 years, Belize has recorded an average annual inflation rate of 1.44%, compared with 63.7% in South Sudan. In 2024, inflation was 1.1% in Belize and 91.4% in South Sudan.

Balance of trade

Belize South Sudan
Current account balance
-$92.3M
2025
$578M
2023
Current account balance ranking
80/190
2025
56/190
2023
Current account balance, % of GDP
-2.77%
2025
-4.17%
2015
Goods imports
$1.38B
2025
$2.25B
2023
Goods exports
$443M
2025
$4.01B
2023
Service imports
$352M
2025
$2.19B
2023
Service exports
$1.21B
2025
$484M
2023
Imports of goods and services, % of GDP
53.7%
2024
28.9%
2015
Exports of goods and services, % of GDP
55.2%
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.

Belize South Sudan
Economic freedom 64.7 41
Economic freedom ranking 71/197 186/197
Property rights 46.3 n/a
Government integrity 46.2 n/a
Judicial effectiveness 73.9 n/a
Tax burden 81.8 n/a
Government spending 81 n/a
Fiscal health 87.5 n/a
Business freedom 67.2 n/a
Labor freedom 57.6 n/a
Monetary freedom 72.6 n/a
Trade freedom 57.8 n/a
Investment freedom 55 n/a
Financial freedom 50 n/a

Other economic metrics

Belize South Sudan
Services, % of GDP
62.4%
2024
56.6%
2015
Industry, % of GDP
14.6%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
7.95%
2024
10.4%
2015
GNI, Atlas method
$3.19B
2025
$11.7B
2015
GNI per capita, PPP
$14,230
2025
$1,010
2015
Total reserves including gold
$559M
2025
$16M
2024
Total reserves ranking
156/177
2025
177/177
2024
Net foreign direct investment
$1.15M
2025
$2.21M
2019
Net inflows of foreign direct investment
$128M
2024
$83.4M
2024
Net outflows of foreign direct investment
$2.61M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.15%
2024
n/a
Poverty at national poverty lines
52%
2018
66%
2020
Gross capital formation, % of GDP
19.8%
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/belize/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 (1996–2025, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1996–2000, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. 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.

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.