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Economy of Cyprus vs South Sudan compared: GDP & Debt

Updated on by Georank team

Cyprus has a GDP of $37.6B compared to $12B for South Sudan, ranking 103/197 and 149/197 by economy size, respectively.

Cyprus has $24.5B in government debt (65.1% of GDP), compared to $7.04B (50.7% of GDP) in South Sudan.

Cyprus vs South Sudan GDP by year

Cyprus
South Sudan
1x
Year GDP, current $
Cyprus South Sudan
2024 $37,634,533,332 -
2023 $35,075,423,857 -
2022 $31,218,038,929 -
2021 $30,372,642,502 -
2020 $25,555,093,854 -
2019 $26,196,667,100 -
2018 $25,754,001,368 -
2017 $22,946,570,629 -
2016 $21,046,462,281 -
2015 $19,909,278,417 $11,997,800,760
2014 $23,225,918,260 $13,962,212,847
2013 $23,959,712,861 $18,426,469,017
2012 $25,047,436,975 $11,931,472,169
2011 $27,641,549,302 $14,907,308,933
2010 $25,799,940,078 $14,602,072,411
2009 $26,048,179,949 $12,231,264,525
2008 $27,844,646,258 $14,586,253,383
2007 $23,968,727,074 -
2006 $20,072,754,987 -
2005 $18,433,412,511 -
2004 $17,320,551,250 -
2003 $14,547,329,558 -
2002 $11,420,228,846 -
2001 $10,397,898,907 -
2000 $9,985,847,314 -
1999 $10,497,907,228 -
1998 $10,248,618,778 -
1997 $9,547,816,420 -
1996 $10,011,914,680 -
1995 $9,933,137,128 -
1994 $7,425,703,929 -
1993 $6,590,291,048 -
1992 $6,912,150,456 -
1991 $5,770,197,348 -
1990 $5,591,130,218 -
1989 $4,563,482,604 -
1988 $4,278,792,597 -
1987 $3,704,813,886 -
1986 $3,090,734,463 -
1985 $2,430,411,900 -
1984 $2,278,248,953 -
1983 $2,160,364,071 -
1982 $2,159,242,417 -
1981 $2,087,496,374 -
1980 $2,154,311,277 -
1979 $1,288,699,776 -
1978 $964,024,364 -
1977 $734,876,021 -
1976 $576,090,074 -
1975 $489,912,574 -

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

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

GDP per capita in Cyprus vs South Sudan by year

Cyprus
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cyprus South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $27,707 $63,007 - -
2023 $26,079 $59,875 - -
2022 $23,448 $55,876 - -
2021 $23,057 $47,633 - -
2020 $19,624 $42,569 - -
2019 $20,360 $44,394 - -
2018 $20,267 $40,262 - -
2017 $18,295 $37,768 - -
2016 $17,013 $35,247 - -
2015 $16,326 $31,380 $1,080 $1,155
2014 $19,326 $29,893 $1,243 $1,373
2013 $20,238 $30,416 $1,650 $1,917
2012 $21,493 $31,924 $1,109 $1,417
2011 $24,110 $33,406 $1,449 $2,718
2010 $22,876 $33,502 $1,498 $2,948
2009 $23,480 $33,901 $1,323 $2,911
2008 $25,522 $34,830 $1,654 $2,887
2007 $22,344 $32,888 - -
2006 $19,037 $30,009 - -
2005 $17,790 $27,763 - -
2004 $17,016 $25,942 - -
2003 $14,553 $24,278 - -
2002 $11,636 $23,556 - -
2001 $10,785 $22,866 - -
2000 $10,537 $21,296 - -
1999 $11,273 $19,663 - -
1998 $11,206 $18,760 - -
1997 $10,637 $17,781 - -
1996 $11,373 $17,320 - -
1995 $11,514 $17,096 - -
1994 $8,791 $15,735 - -
1993 $7,978 $14,852 - -
1992 $8,530 $14,759 - -
1991 $7,222 $13,546 - -
1990 $7,092 $13,348 - -
1989 $5,870 - - -
1988 $5,584 - - -
1987 $4,908 - - -
1986 $4,159 - - -
1985 $3,324 - - -
1984 $3,167 - - -
1983 $3,055 - - -
1982 $3,100 - - -
1981 $3,030 - - -
1980 $3,154 - - -
1979 $1,902 - - -
1978 $1,434 - - -
1977 $1,102 - - -
1976 $870 - - -
1975 $743 - - -

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

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

Cyprus' GDP per capita is $27,707, ranking 45/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Cyprus ranks 29th at $63,007, while South Sudan ranks 197th at $1,155.

Economic indicators

Cyprus South Sudan
Gross domestic product
$37.6B
2024
$12B
2015
GDP rank
103/197
2024
149/197
2015
GDP growth
3.94%
2023-2024
-10.8%
2014-2015
GDP per capita
$27,707
2024
$1,080
2015
GDP per capita rank
45/197
2024
175/197
2015
GDP per capita, PPP
$63,007
2024
$1,155
2015
GDP per capita PPP rank
29/197
2024
197/197
2015
Government debt
$24.5B
2024
$7.04B
2015
Debt-to-GDP ratio
65.1%
2024
50.7%
2024
Government debt per person
$18,034
2024
$633
2015
Government debt per person rank
34/185
2024
158/185
2015
Average annual personal income after taxes
$25,384
2026
$1,305
2026
Market capitalization of domestic companies
$10.9B
2024
n/a
Number of billionaires
10
2025
n/a
Income share by richest 10%
26.3%
2023
33%
2016
Income share by poorest 10%
3.6%
2023
1.8%
2016
Government expenditure, % of GDP
40%
2024
18.1%
2024
Consumer prices inflation
1.8%
2023-2024
91.4%
2023-2024
Central bank interest rate n/a
15%
2023
Unemployment rate
4.87%
2024
12.3%
2008
Population
1386362
12507858

Spending and national debt comparison by year

Cyprus
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Cyprus South Sudan
Government spending Government debt Government spending Government debt
2024 40% 65.1% 18.1% 50.7%
2023 42% 73.6% 21.4% 51.9%
2022 38% 81.1% 29.4% 37.3%
2021 42.6% 96.5% 44.1% 50.2%
2020 45.9% 113.6% 34.1% 49%
2019 40.3% 92.3% 47.9% 43.1%
2018 44.3% 100.7% 54.5% 77.6%
2017 38.4% 96.4% 97% 178.3%
2016 39.6% 106.8% 66.5% 164.7%
2015 43% 111.6% 34% 58.6%
2014 52.1% 113% 35.8% 37.7%
2013 42.1% 102.7% 25.3% 17.6%
2012 41.9% 79.2% 31.6% 8.91%
2011 42.1% 64.8% 20.8% -
2010 41.7% 55.3% - -
2009 41.9% 52.8% - -
2008 38.2% 44.1% - -
2007 37.6% 53.1% - -
2006 39.1% 59% - -
2005 39.7% 64% - -
2004 38.6% 64.7% - -
2003 40.4% 63% - -
2002 37.4% 61% - -
2001 35.7% 57.5% - -
2000 35% 56% - -
1999 34.3% 55.7% - -
1998 34.4% 55% - -
1997 34.2% 53.5% - -
1996 32.4% 48.8% - -
1995 30.4% 46.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Cyprus' government spending was $15B, accounting for 40% of its GDP, while South Sudan spent $4.08B, or 18.1% of GDP.

Debt-to-GDP ratio is 65.1% in Cyprus and 50.7% in South Sudan, ranking 68/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Cyprus

South Sudan
1x
Year Deficit/surplus, % of GDP
Cyprus South Sudan
2024 4.28% 11.7%
2023 1.7% 8.04%
2022 2.65% 4.48%
2021 -1.64% -9.3%
2020 -5.57% -5.5%
2019 1.03% 0.04%
2018 -3.36% -1.06%
2017 2.13% 9.56%
2016 0.45% -19.8%
2015 -0.77% -16.4%
2014 -8.8% -9.07%
2013 -5.16% -3.45%
2012 -5.55% -14.8%
2011 -5.65% 4.57%
2010 -4.68% -
2009 -5.43% -
2008 0.87% -
2007 3.23% -
2006 -1.04% -
2005 -2.22% -
2004 -3.71% -
2003 -5.91% -
2002 -4.13% -
2001 -2.11% -
2000 -2.24% -
1999 -4.05% -
1998 -3.85% -
1997 -4.82% -
1996 -2.96% -
1995 -0.71% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2015, Cyprus' government deficit, the difference between spending and revenue, was $152M, equivalent to 0.77% of GDP. This compares to South Sudan's deficit of $1.97B, or 16.4% of GDP.

Over the past 5 years, Cyprus recorded a fiscal deficit in 5 of those years, while South Sudan ran a deficit in 4 years. On average, Cyprus posted an annual deficit equal to 5.18% of GDP, compared to deficit of 7.83% of GDP for South Sudan.

Inflation comparison by year

Inflation
Cyprus

South Sudan
1x
Year Consumer prices inflation
Cyprus South Sudan
2024 1.8% 91.4%
2023 3.54% 2.38%
2022 8.4% -6.69%
2021 2.45% 10.5%
2020 -0.64% 29.7%
2019 0.25% 87.2%
2018 1.44% 83.5%
2017 0.53% 187.9%
2016 -1.43% 380%
2015 -2.1% 52.8%
2014 -1.35% 1.67%
2013 -0.4% -0.06%
2012 2.39% 45.5%
2011 3.29% 46.9%
2010 2.43% 1.17%
2009 0.33% 5.01%
2008 4.67% -
2007 2.37% -
2006 2.3% -
2005 2.56% -
2004 2.29% -
2003 4.14% -
2002 2.8% -
2001 1.97% -
2000 4.14% -
1999 1.63% -
1998 2.23% -
1997 3.61% -

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

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

Over the past 16 years, Cyprus has recorded an average annual inflation rate of 1.31%, compared with 63.7% in South Sudan. In 2024, inflation was 1.8% in Cyprus and 91.4% in South Sudan.

Top exports between countries

Cyprus
Export category Export value
Chemicals & pharma $886K
Processed food, beverages & tobacco $733K
Machinery & equipment $176K
South Sudan
Export category Export value

Balance of trade

Cyprus South Sudan
Current account balance
-$3.07B
2024
$578M
2023
Current account balance ranking
157/190
2024
60/190
2023
Current account balance, % of GDP
-8.16%
2024
-4.17%
2015
Goods imports
$11.9B
2024
$2.25B
2023
Goods exports
$4.43B
2024
$4.01B
2023
Service imports
$23.2B
2024
$2.19B
2023
Service exports
$32.1B
2024
$484M
2023
Imports of goods and services, % of GDP
93.4%
2024
28.9%
2015
Exports of goods and services, % of GDP
97%
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.

Cyprus South Sudan
Economic freedom 74.1 41
Economic freedom ranking 21/197 186/197
Property rights 85.1 n/a
Government integrity 59.7 n/a
Judicial effectiveness 89.8 n/a
Tax burden 80.8 n/a
Government spending 52.1 n/a
Fiscal health 91.5 n/a
Business freedom 82.3 n/a
Labor freedom 60.3 n/a
Monetary freedom 78.7 n/a
Trade freedom 79.4 n/a
Investment freedom 70 n/a
Financial freedom 60 n/a

Other economic metrics

Cyprus South Sudan
Services, % of GDP
76.5%
2024
56.6%
2015
Industry, % of GDP
11.1%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
1.16%
2024
10.4%
2015
GNI, Atlas method
$32B
2024
$11.7B
2015
GNI per capita, PPP
$56,200
2024
$1,010
2015
Total reserves including gold
$2.09B
2024
$72.9M
2023
Total reserves ranking
124/177
2024
175/177
2023
Net foreign direct investment
-$5.49B
2024
$2.21M
2019
Net inflows of foreign direct investment
-$50.4B
2024
$83.4M
2024
Net outflows of foreign direct investment
-$55.9B
2024
$0
2024
Poverty at national poverty lines
13.9%
2021
66%
2020
Gross capital formation, % of GDP
20.7%
2024
5.75%
2015

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/cyprus/south-sudan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2023–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.