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Economy of Ecuador vs South Sudan compared: GDP & Debt

Updated on by Georank team

Ecuador has a GDP of $125B compared to $12B for South Sudan, ranking 62/197 and 149/197 by economy size, respectively.

Ecuador has $67B in government debt (53.8% of GDP), compared to $7.04B (50.7% of GDP) in South Sudan.

Ecuador vs South Sudan GDP by year

Ecuador
South Sudan
1x
Year GDP, current $
Ecuador South Sudan
2024 $124,676,074,700 -
2023 $121,147,057,000 -
2022 $116,133,121,000 -
2021 $107,179,074,000 -
2020 $95,865,473,000 -
2019 $107,595,830,000 -
2018 $107,478,961,000 -
2017 $104,467,486,000 -
2016 $97,671,433,000 -
2015 $97,209,558,000 $11,997,800,760
2014 $102,717,794,000 $13,962,212,847
2013 $96,570,334,000 $18,426,469,017
2012 $87,735,048,000 $11,931,472,169
2011 $78,986,648,000 $14,907,308,933
2010 $68,151,329,000 $14,602,072,411
2009 $60,094,978,000 $12,231,264,525
2008 $61,139,438,000 $14,586,253,383
2007 $49,848,725,000 -
2006 $45,690,762,000 -
2005 $40,278,849,000 -
2004 $35,194,947,000 -
2003 $30,965,208,000 -
2002 $27,054,197,000 -
2001 $23,127,055,000 -
2000 $17,539,454,727 -
1999 $19,645,272,636 -
1998 $27,981,896,948 -
1997 $28,162,053,027 -
1996 $25,226,393,197 -
1995 $24,432,884,442 -
1994 $22,708,673,337 -
1993 $18,938,717,359 -
1992 $18,094,238,119 -
1991 $16,988,535,268 -
1990 $15,239,272,612 -
1989 $13,890,823,705 -
1988 $13,051,881,851 -
1987 $13,945,426,859 -
1986 $15,314,138,472 -
1985 $17,149,088,413 -
1984 $16,912,509,092 -
1983 $17,152,477,037 -
1982 $19,929,846,396 -
1981 $21,810,759,354 -
1980 $17,881,508,242 -
1979 $14,175,160,902 -
1978 $11,922,497,876 -
1977 $11,026,342,618 -
1976 $9,091,921,030 -
1975 $7,731,674,472 -
1974 $6,599,257,044 -
1973 $3,891,754,150 -
1972 $3,185,986,087 -
1971 $2,754,219,271 -
1970 $2,862,503,139 -
1969 $3,112,165,727 -
1968 $2,582,179,864 -
1967 $2,553,595,172 -
1966 $2,429,308,639 -
1965 $2,387,047,396 -
1964 $2,244,146,103 -
1963 $1,824,343,871 -
1962 $1,518,207,703 -
1961 $1,753,850,955 -
1960 $2,069,464,937 -

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

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

GDP per capita in Ecuador vs South Sudan by year

Ecuador
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,875 $15,840 - -
2023 $6,738 $15,919 - -
2022 $6,516 $15,198 - -
2021 $6,061 $13,507 - -
2020 $5,464 $11,527 - -
2019 $6,205 $12,543 - -
2018 $6,304 $12,187 - -
2017 $6,233 $11,793 - -
2016 $5,918 $10,881 - -
2015 $5,976 $10,878 $1,080 $1,155
2014 $6,406 $11,836 $1,243 $1,373
2013 $6,109 $11,296 $1,650 $1,917
2012 $5,634 $10,245 $1,109 $1,417
2011 $5,154 $9,769 $1,449 $2,718
2010 $4,520 $8,969 $1,498 $2,948
2009 $4,053 $8,662 $1,323 $2,911
2008 $4,195 $8,663 $1,654 $2,887
2007 $3,479 $8,112 - -
2006 $3,244 $7,885 - -
2005 $2,909 $7,457 - -
2004 $2,586 $6,980 - -
2003 $2,316 $6,475 - -
2002 $2,059 $6,282 - -
2001 $1,791 $5,999 - -
2000 $1,382 $5,728 - -
1999 $1,575 $5,638 - -
1998 $2,284 $5,940 - -
1997 $2,341 $5,793 - -
1996 $2,136 $5,560 - -
1995 $2,108 $5,469 - -
1994 $1,997 $5,339 - -
1993 $1,698 $5,112 - -
1992 $1,655 $4,998 - -
1991 $1,587 $4,887 - -
1990 $1,455 $4,632 - -
1989 $1,356 - - -
1988 $1,304 - - -
1987 $1,426 - - -
1986 $1,604 - - -
1985 $1,842 - - -
1984 $1,864 - - -
1983 $1,940 - - -
1982 $2,314 - - -
1981 $2,601 - - -
1980 $2,190 - - -
1979 $1,783 - - -
1978 $1,541 - - -
1977 $1,465 - - -
1976 $1,242 - - -
1975 $1,086 - - -
1974 $954 - - -
1973 $579 - - -
1972 $488 - - -
1971 $434 - - -
1970 $465 - - -
1969 $521 - - -
1968 $445 - - -
1967 $454 - - -
1966 $445 - - -
1965 $450 - - -
1964 $436 - - -
1963 $365 - - -
1962 $312 - - -
1961 $371 - - -
1960 $451 - - -

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

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

Ecuador's GDP per capita is $6,875, ranking 103/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while South Sudan ranks 197th at $1,155.

Economic indicators

Ecuador South Sudan
Gross domestic product
$125B
2024
$12B
2015
GDP rank
62/197
2024
149/197
2015
GDP growth
-2%
2023-2024
-10.8%
2014-2015
GDP per capita
$6,875
2024
$1,080
2015
GDP per capita rank
103/197
2024
175/197
2015
GDP per capita, PPP
$15,840
2024
$1,155
2015
GDP per capita PPP rank
110/197
2024
197/197
2015
Government debt
$67B
2024
$7.04B
2015
Debt-to-GDP ratio
53.8%
2024
50.7%
2024
Government debt per person
$3,695
2024
$633
2015
Government debt per person rank
93/185
2024
158/185
2015
Average annual personal income after taxes
$5,894
2026
$1,305
2026
Market capitalization of domestic companies
$747M
2000
n/a
Income share by richest 10%
33.4%
2024
33%
2016
Income share by poorest 10%
1.5%
2024
1.8%
2016
Government expenditure, % of GDP
38.1%
2024
18.1%
2024
Consumer prices inflation
1.55%
2023-2024
91.4%
2023-2024
Central bank interest rate n/a
15%
2023
Unemployment rate
3.39%
2024
12.3%
2008
Population
18487749
12507858

Spending and national debt comparison by year

Ecuador
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Ecuador South Sudan
Government spending Government debt Government spending Government debt
2024 38.1% 53.8% 18.1% 50.7%
2023 39.5% 54.3% 21.4% 51.9%
2022 38.9% 57.2% 29.4% 37.3%
2021 37.5% 61.8% 44.1% 50.2%
2020 40.2% 63.6% 34.1% 49%
2019 39.8% 52.1% 47.9% 43.1%
2018 40.9% 49.5% 54.5% 77.6%
2017 40.5% 47.4% 97% 178.3%
2016 44.1% 46.1% 66.5% 164.7%
2015 44.1% 36.4% 34% 58.6%
2014 45.9% 28.2% 35.8% 37.7%
2013 46.7% 23.4% 25.3% 17.6%
2012 43.2% 19.3% 31.6% 8.91%
2011 39.6% 18.6% 20.8% -
2010 35.4% 18.4% - -
2009 34.3% 19.7% - -
2008 35.6% 24.9% - -
2007 24.7% 29.6% - -
2006 21.7% 33.1% - -
2005 22% 35.8% - -
2004 21.3% 40.2% - -
2003 21.3% 47.2% - -
2002 22.8% 55% - -
2001 21.4% 63.8% - -
2000 24.3% 92.2% - -
1999 24.1% 105.2% - -
1998 21.5% 70.3% - -
1997 22% 61.5% - -
1996 22.7% 69.3% - -
1995 22% 70.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-02-20).

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

In 2024, Ecuador's government spending was $47.5B, accounting for 38.1% of its GDP, while South Sudan spent $4.08B, or 18.1% of GDP.

Debt-to-GDP ratio is 53.8% in Ecuador and 50.7% in South Sudan, ranking 98/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

South Sudan
1x
Year Deficit/surplus, % of GDP
Ecuador South Sudan
2024 -1.28% 11.7%
2023 -3.48% 8.04%
2022 0.04% 4.48%
2021 -1.59% -9.3%
2020 -7.38% -5.5%
2019 -3.47% 0.04%
2018 -2.8% -1.06%
2017 -5.77% 9.56%
2016 -10.3% -19.8%
2015 -6.87% -16.4%
2014 -8.11% -9.07%
2013 -8.17% -3.45%
2012 -2.83% -14.8%
2011 -0.13% 4.57%
2010 -1.39% -
2009 -3.71% -
2008 0.57% -
2007 2.66% -
2006 2.92% -
2005 0.66% -
2004 1.94% -
2003 1.05% -
2002 0.74% -
2001 0.03% -
2000 -0.32% -
1999 -4.82% -
1998 -5.1% -
1997 -2.83% -
1996 -3.44% -
1995 -2.02% -

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

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

In 2015, Ecuador's government deficit, the difference between spending and revenue, was $6.67B, equivalent to 6.87% of GDP. This compares to South Sudan's deficit of $1.97B, or 16.4% of GDP.

Over the past 5 years, Ecuador recorded a fiscal deficit in 5 of those years, while South Sudan ran a deficit in 4 years. On average, Ecuador posted an annual deficit equal to 5.22% of GDP, compared to deficit of 7.83% of GDP for South Sudan.

Inflation comparison by year

Inflation
Ecuador

South Sudan
1x
Year Consumer prices inflation
Ecuador South Sudan
2024 1.55% 91.4%
2023 2.22% 2.38%
2022 3.47% -6.69%
2021 0.13% 10.5%
2020 -0.34% 29.7%
2019 0.27% 87.2%
2018 -0.22% 83.5%
2017 0.42% 187.9%
2016 1.73% 380%
2015 3.97% 52.8%
2014 3.59% 1.67%
2013 2.72% -0.06%
2012 5.1% 45.5%
2011 4.47% 46.9%
2010 3.55% 1.17%
2009 5.16% 5.01%
2008 8.4% -
2007 2.28% -
2006 3.3% -
2005 2.17% -
2004 2.74% -
2003 7.93% -
2002 12.5% -
2001 37.7% -
2000 96.1% -
1999 52.2% -
1998 36.1% -
1997 30.7% -

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

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

Over the past 16 years, Ecuador has recorded an average annual inflation rate of 2.36%, compared with 63.7% in South Sudan. In 2024, inflation was 1.55% in Ecuador and 91.4% in South Sudan.

Top exports between countries

Ecuador
Export category Export value
Machinery & equipment $3K
South Sudan
Export category Export value

Balance of trade

Ecuador South Sudan
Current account balance
$7.06B
2024
$578M
2023
Current account balance ranking
27/190
2024
60/190
2023
Current account balance, % of GDP
+5.66%
2024
-4.17%
2015
Goods imports
$27.9B
2024
$2.25B
2023
Goods exports
$34.7B
2024
$4.01B
2023
Service imports
$6.18B
2024
$2.19B
2023
Service exports
$3.86B
2024
$484M
2023
Imports of goods and services, % of GDP
26.9%
2024
28.9%
2015
Exports of goods and services, % of GDP
30.3%
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.

Ecuador South Sudan
Economic freedom 55.6 41
Economic freedom ranking 127/197 186/197
Property rights 33.2 n/a
Government integrity 33 n/a
Judicial effectiveness 48.1 n/a
Tax burden 74.2 n/a
Government spending 54.9 n/a
Fiscal health 90.3 n/a
Business freedom 64.3 n/a
Labor freedom 56.9 n/a
Monetary freedom 76.3 n/a
Trade freedom 66.4 n/a
Investment freedom 30 n/a
Financial freedom 40 n/a

Other economic metrics

Ecuador South Sudan
Services, % of GDP
57.2%
2024
56.6%
2015
Industry, % of GDP
26.5%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
9.48%
2024
10.4%
2015
GNI, Atlas method
$117B
2024
$11.7B
2015
GNI per capita, PPP
$15,410
2024
$1,010
2015
Total reserves including gold
$6.91B
2024
$72.9M
2023
Total reserves ranking
87/177
2024
175/177
2023
Net foreign direct investment
-$438M
2024
$2.21M
2019
Net inflows of foreign direct investment
$443M
2024
$83.4M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
7%
2024
n/a
Poverty at national poverty lines
28%
2024
66%
2020
Gross capital formation, % of GDP
18.5%
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/ecuador/south-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 (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. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-02-20)
  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)
  9. TradeMap (2023, retrieved 2026-02-08)

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.