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Economy of Finland vs Sudan compared: GDP & Debt

Updated on by Georank team

Finland has a GDP of $299B compared to $49.7B for Sudan, ranking 47/197 and 94/197 by economy size, respectively.

Finland has $245B in government debt (82.1% of GDP), compared to $130B (261.4% of GDP) in Sudan.

Finland vs Sudan GDP by year

Finland
Sudan
1x
Year GDP, current $
Finland Sudan
2024 $298,696,961,298 $49,672,435,513
2023 $295,021,982,463 $39,898,289,821
2022 $280,253,099,309 $51,666,875,363
2021 $294,223,210,496 $34,229,513,775
2020 $270,000,311,606 $27,034,593,750
2019 $267,014,821,129 $32,338,079,165
2018 $273,869,255,596 $32,333,780,383
2017 $253,846,138,440 $41,283,617,976
2016 $238,777,818,793 $42,630,376,000
2015 $233,210,733,506 $51,726,758,677
2014 $273,478,528,955 $49,516,748,618
2013 $270,268,036,626 $43,024,018,082
2012 $257,443,384,493 $37,632,919,967
2011 $275,126,915,516 $55,018,567,211
2010 $249,429,613,683 $58,962,978,034
2009 $253,480,783,439 $51,621,044,077
2008 $285,698,662,071 $64,833,083,257
2007 $256,360,251,538 $59,440,139,775
2006 $217,044,068,234 $45,263,831,634
2005 $204,859,368,791 $35,182,711,988
2004 $197,458,297,640 $26,646,007,251
2003 $171,612,867,736 $21,355,298,460
2002 $140,360,963,812 $18,137,128,388
2001 $129,519,672,869 $15,716,361,792
2000 $125,967,821,111 $12,257,299,147
1999 $135,234,241,918 $10,682,028,340
1998 $133,990,876,725 $11,250,221,537
1997 $126,862,902,302 $11,681,175,864
1996 $131,991,975,149 $9,018,300,725
1995 $134,060,457,516 $13,830,363,900
1994 $103,182,697,780 $12,793,794,737
1993 $89,112,105,756 $8,881,005,436
1992 $112,537,828,511 $7,031,933,492
1991 $127,794,441,994 $44,171,194,366
1990 $141,446,120,355 $33,641,222,222
1989 $118,991,270,611 $21,408,111,111
1988 $109,039,090,263 $14,372,555,556
1987 $91,564,993,913 $12,093,333,333
1986 $73,511,611,541 $10,092,200,000
1985 $55,856,676,899 $8,075,259,600
1984 $52,870,993,273 $10,447,615,385
1983 $50,956,447,481 $8,230,153,846
1982 $52,784,013,815 $8,732,542,274
1981 $52,440,066,134 $10,753,888,154
1980 $53,649,984,061 $8,951,800,000
1979 $44,469,218,440 $8,418,407,787
1978 $36,259,392,058 $8,128,719,315
1977 $33,502,784,418 $7,499,005,639
1976 $31,852,352,670 $6,013,210,816
1975 $29,475,251,333 $4,823,090,192
1974 $24,851,036,710 $3,958,931,660
1973 $19,474,098,335 $3,077,254,460
1972 $14,744,499,570 $2,483,055,722
1971 $12,528,522,307 $2,288,340,041
1970 $11,358,529,162 $2,100,229,759
1969 $10,177,524,839 $1,847,501,441
1968 $8,916,565,041 $1,677,771,401
1967 $9,468,272,357 $1,607,409,539
1966 $9,306,142,172 $1,484,491,676
1965 $8,680,393,839 $1,446,869,619
1964 $7,848,987,793 $1,388,282,600
1963 $6,958,916,548 $1,351,234,926
1962 $6,407,796,043 $1,328,259,625
1961 $5,984,433,774 $1,222,860,429
1960 $5,279,481,824 $1,126,364,162

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

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

GDP per capita in Finland vs Sudan by year

Finland
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Finland Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $53,150 $65,378 $985 $2,116
2023 $52,834 $63,415 $797 $2,421
2022 $50,441 $62,133 $1,046 $3,355
2021 $53,099 $56,790 $712 $3,249
2020 $48,829 $53,297 $578 $3,349
2019 $48,358 $52,276 $710 $3,914
2018 $49,654 $49,249 $731 $4,199
2017 $46,085 $47,235 $967 $4,252
2016 $43,451 $44,562 $1,033 $4,470
2015 $42,560 $42,258 $1,292 $4,217
2014 $50,074 $41,547 $1,275 $4,261
2013 $49,691 $41,326 $1,139 $3,725
2012 $47,552 $40,739 $1,019 $3,710
2011 $51,060 $40,846 $1,522 $4,112
2010 $46,506 $38,946 $1,665 $3,806
2009 $47,478 $37,988 $1,493 $3,732
2008 $53,769 $40,081 $1,928 $3,938
2007 $48,473 $37,843 $1,814 $3,836
2006 $41,214 $34,440 $1,415 $3,637
2005 $39,050 $32,048 $1,125 $3,407
2004 $37,768 $31,195 $872 $3,215
2003 $32,920 $29,043 $714 $3,058
2002 $26,989 $28,596 $621 $2,898
2001 $24,965 $27,798 $551 $2,769
2000 $24,336 $26,783 $441 $2,616
1999 $26,180 $24,762 $394 $2,475
1998 $26,000 $23,570 $425 $2,428
1997 $24,682 $21,787 $453 $2,358
1996 $25,757 $20,067 $357 $2,006
1995 $26,246 $19,568 $561 $1,902
1994 $20,278 $18,458 $532 $1,805
1993 $17,589 $17,458 $379 $1,794
1992 $22,320 $17,271 $307 $1,710
1991 $25,489 $17,563 $1,966 $1,599
1990 $28,366 $18,149 $1,528 $1,468
1989 $23,969 - $992 -
1988 $22,044 - $680 -
1987 $18,565 - $584 -
1986 $14,947 - $497 -
1985 $11,394 - $406 -
1984 $10,830 - $534 -
1983 $10,494 - $431 -
1982 $10,935 - $472 -
1981 $10,925 - $605 -
1980 $11,225 - $525 -
1979 $9,333 - $515 -
1978 $7,629 - $518 -
1977 $7,070 - $497 -
1976 $6,740 - $413 -
1975 $6,256 - $343 -
1974 $5,298 - $291.5 -
1973 $4,174 - $235.8 -
1972 $3,178 - $198.2 -
1971 $2,716 - $189 -
1970 $2,466 - $179.6 -
1969 $2,201 - $163.5 -
1968 $1,927 - $153.7 -
1967 $2,056 - $152.4 -
1966 $2,032 - $145.6 -
1965 $1,902 - $146.8 -
1964 $1,726 - $145.7 -
1963 $1,538 - $146.6 -
1962 $1,427 - $148.9 -
1961 $1,341 - $141.6 -
1960 $1,192 - $134.7 -

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

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

Finland's GDP per capita is $53,150, ranking 23/197, compared to $985 in Sudan, ranking 179/197. Adjusted for purchasing power (GDP per capita PPP), Finland ranks 27th at $65,378, while Sudan ranks 185th at $2,116.

Economic indicators

Finland Sudan
Gross domestic product
$299B
2024
$49.7B
2024
GDP rank
47/197
2024
94/197
2024
GDP growth
0.42%
2023-2024
-14%
2023-2024
GDP per capita
$53,150
2024
$985
2024
GDP per capita rank
23/197
2024
179/197
2024
GDP per capita, PPP
$65,378
2024
$2,116
2024
GDP per capita PPP rank
27/197
2024
185/197
2024
Government debt
$245B
2024
$130B
2024
Debt-to-GDP ratio
82.1%
2024
261.4%
2024
Government debt per person
$43,662
2024
$2,574
2024
Government debt per person rank
12/185
2024
109/185
2024
Average annual personal income after taxes
$36,394
2026
$1,704
2026
Market capitalization of domestic companies
$20.3B
2004
n/a
Number of billionaires
7
2025
n/a
Income share by richest 10%
22.5%
2023
27.8%
2014
Income share by poorest 10%
3.7%
2023
3.2%
2014
Government expenditure, % of GDP
57.7%
2024
6.39%
2024
Consumer prices inflation
1.57%
2023-2024
138.8%
2021-2022
Unemployment rate
8.34%
2024
7.53%
2022
Population
5631965
53335233

Spending and national debt comparison by year

Finland
Spending

Debt
Sudan
Spending

Debt
1x
Year % of GDP
Finland Sudan
Government spending Government debt Government spending Government debt
2024 57.7% 82.1% 6.39% 261.4%
2023 55.9% 77.5% 8.23% 259.9%
2022 52.6% 74% 17.9% 186.9%
2021 55.2% 73.2% 9.84% 189.6%
2020 56.5% 75.3% 10.9% 278.3%
2019 52.6% 65.3% 18.7% 216.5%
2018 52.7% 65.3% 16.8% 209.8%
2017 52.8% 66.6% 12.8% 149.5%
2016 55.1% 68.6% 9.98% 109.9%
2015 55.7% 68.8% 12.4% 93.2%
2014 57.6% 64.8% 13.5% 84.4%
2013 57.1% 60.8% 15.3% 105.8%
2012 55.7% 57.9% 16.5% 117.7%
2011 53.8% 52% 18.2% 78.1%
2010 54% 50.1% 17.4% 74.6%
2009 54.1% 41.5% 18.8% 71%
2008 47.9% 32.6% 19.7% 55.8%
2007 46.7% 33.9% 19.6% 53.7%
2006 48.3% 38% 18.8% 63.7%
2005 49.2% 39.9% 19.7% 75.5%
2004 48.2% 42.6% 16.5% 97.8%
2003 48.3% 42.7% 12.5% 117.4%
2002 47.5% 40.1% 10.5% 121.7%
2001 46.2% 40.9% 9.87% 125.6%
2000 46.9% 42.4% 10.4% 143.2%
1999 49.9% 44% 8.4% 160.5%
1998 51.3% 46.8% 7.79% 179.7%
1997 54.9% 52.2% 7.38% 167.7%
1996 58.5% 55.4% 9.31% 220.9%
1995 60% 55.2% 12.9% 239%
1994 62.2% 56.2% 19.6% 386%
1993 63.7% 54.2% 23.7% 285.9%
1992 60.8% 39.3% 50.4% 495%
1991 55.8% 21.9% 45.7% -
1990 47.1% 13.9% 31% -
1989 44.4% 14.3% - -
1988 46.4% 16.5% - -
1987 47.8% 17.6% - -
1986 46.9% 16.4% - -
1985 46.3% 15.8% - -
1984 44.4% 15.2% - -
1983 44.4% 15.4% - -
1982 42.7% 13.9% - -
1981 41% 11.5% - -
1980 40.1% 10.9% - -
1979 40.3% 11% - -
1978 41.3% 10.7% - -
1977 41.7% 8.22% - -
1976 39.8% 7.09% - -
1975 38.6% 6.76% - -
1974 22.9% 2.97% - -
1973 21.8% 4.42% - -
1972 20.4% 6.46% - -
1971 22.8% 7.94% - -
1970 21.9% 9.19% - -
1969 22.2% 10.8% - -
1968 25.5% 13.9% - -
1967 23.5% 14.2% - -
1966 23.3% 13.7% - -
1965 23.2% 13% - -
1964 22.8% 12.5% - -
1963 21.6% 12.2% - -
1962 23.9% 10.3% - -
1961 22.7% 9.12% - -
1960 22.5% 9.96% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Finland's government spending was $172B, accounting for 57.7% of its GDP, while Sudan spent $3.17B, or 6.39% of GDP.

Debt-to-GDP ratio is 82.1% in Finland and 261.4% in Sudan, ranking 42/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Finland

Sudan
1x
Year Deficit/surplus, % of GDP
Finland Sudan
2024 -4.41% -3.46%
2023 -2.98% -3.7%
2022 -0.18% -2.15%
2021 -2.69% -0.29%
2020 -5.53% -6.03%
2019 -0.93% -10.8%
2018 -0.87% -7.92%
2017 -0.63% -6.07%
2016 -1.7% -3.92%
2015 -2.43% -3.87%
2014 -2.99% -4.72%
2013 -2.52% -5.76%
2012 -2.15% -7.37%
2011 -1.01% -2.33%
2010 -2.57% 0.11%
2009 -2.48% -3.8%
2008 4.18% 0.49%
2007 5.12% -2.84%
2006 3.93% -1.32%
2005 2.59% -1.88%
2004 2.16% 0.16%
2003 2.34% 0.77%
2002 3.97% -0.69%
2001 4.89% -0.77%
2000 6.73% -0.7%
1999 1.6% -0.8%
1998 1.54% -0.56%
1997 -1.33% -0.59%
1996 -3.37% -2.61%
1995 -5.98% -3.48%
1994 -6.41% -3.03%
1993 -8.09% -8.04%
1992 -4.88% -24.5%
1991 0.3% -26.5%
1990 6.63% -16.2%
1989 6.73% -
1988 5.09% -
1987 1.63% -
1986 3.83% -
1985 3.33% -
1984 3.23% -
1983 1.52% -
1982 3.06% -
1981 5.11% -
1980 3.7% -
1979 3.41% -
1978 3.83% -
1977 6.27% -
1976 7.65% -
1975 4.96% -
1974 -0.03% -
1973 1.48% -
1972 -0.18% -
1971 0.15% -
1970 1.06% -
1969 0.94% -
1968 -1.69% -
1967 -0.26% -
1966 -1.08% -
1965 -1.67% -
1964 -1.35% -
1963 -2.5% -
1962 -2.37% -
1961 -3.03% -
1960 -0.52% -
1959 -0.12% -
1958 -1.73% -
1957 0.08% -
1956 -1.14% -
1955 -1% -
1954 -0.17% -
1953 0.02% -
1952 -1.24% -
1951 1.1% -
1950 -0.26% -
1949 -2.77% -
1948 1.88% -
1947 -5.99% -
1946 -15.3% -
1945 -6.35% -
1944 -21.5% -
1943 -14.2% -
1942 -16.4% -
1941 -35.8% -
1940 -36.9% -
1939 -9.76% -
1938 -1.48% -
1937 -4.44% -
1936 -3.75% -
1935 -3.81% -
1934 -2.81% -
1933 -1.63% -
1932 -2.61% -
1931 -2.32% -
1930 -1.94% -
1929 -0.78% -
1928 -2.07% -
1927 -0.32% -
1926 -2.9% -
1925 -2.92% -
1924 0.04% -
1923 -2.3% -
1922 0.62% -
1921 -2.59% -
1920 -2.6% -
1919 -7.49% -
1918 -11.4% -
1917 -1.27% -
1916 1.48% -
1915 -0.29% -
1914 -1.15% -
1913 -0.25% -
1912 0.33% -
1911 -0.14% -
1910 -0.3% -
1909 -2.64% -
1908 -1.92% -
1907 0.24% -
1906 0.86% -
1905 -1.28% -
1904 -1.63% -
1903 -0.3% -
1902 -1.74% -
1901 -2.13% -
1900 -0.52% -
1899 -1% -
1898 -4.55% -
1897 -0.37% -
1896 -0.56% -
1895 -1.21% -
1894 -0.62% -
1893 0% -
1892 0.82% -
1891 0.16% -
1890 0.17% -
1889 0.18% -
1888 -0.59% -
1887 -1.46% -
1886 0% -
1885 -1.2% -
1884 -0.2% -
1883 0% -
1882 0.2% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Finland's government deficit, the difference between spending and revenue, was $13.2B, equivalent to 4.41% of GDP. This compares to Sudan's deficit of $1.72B, or 3.46% of GDP.

Over the past 35 years, Finland recorded a fiscal deficit in 22 of those years, while Sudan ran a deficit in 31 years. On average, Finland posted an annual deficit equal to 0.58% of GDP, compared to deficit of 4.72% of GDP for Sudan.

Inflation comparison by year

Inflation
Finland

Sudan
1x
Year Consumer prices inflation
Finland Sudan
2024 1.57% -
2023 6.25% -
2022 7.12% 138.8%
2021 2.19% 359%
2020 0.29% 163.3%
2019 1.02% 51%
2018 1.08% 63.3%
2017 0.75% 32.4%
2016 0.36% 17.8%
2015 -0.21% 16.9%
2014 1.04% 36.9%
2013 1.48% 36.5%
2012 2.81% 35.6%
2011 3.42% 18.1%
2010 1.18% 13%
2009 -0% 11.3%
2008 4.07% 14.3%
2007 2.51% 14.8%
2006 1.57% 7.2%
2005 0.62% 8.51%
2004 0.19% 9.66%
2003 0.88% 6.49%
2002 1.57% 22.2%
2001 2.58% 1.94%
2000 3.04% 7.12%
1999 1.16% 17.2%
1998 1.4% 24.6%
1997 1.19% 47.2%

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

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

Over the past 26 years, Finland has recorded an average annual inflation rate of 1.67%, compared with 45.2% in Sudan. In 2022, inflation was 1.57% in Finland and 138.8% in Sudan.

Top exports between countries

Finland
Export category Export value
Wood & paper products $1.65M
Machinery & equipment $637K
Raw materials & minerals $381K
Processed food, beverages & tobacco $267K
Textiles & consumer goods $101K
Metals $10K
Sudan
Export category Export value
Animal & marine products $12K

Balance of trade

Finland Sudan
Current account balance
-$1.99B
2024
-$4.44B
2022
Current account balance ranking
143/190
2024
165/190
2022
Current account balance, % of GDP
-0.67%
2024
-8.6%
2022
Goods imports
$76.6B
2024
$9.99B
2022
Goods exports
$83.1B
2024
$4.36B
2022
Service imports
$47.4B
2024
$1.59B
2022
Service exports
$42B
2024
$1.55B
2022
Imports of goods and services, % of GDP
41.6%
2024
1.27%
2024
Exports of goods and services, % of GDP
41.9%
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.

Finland Sudan
Economic freedom 76.6 32.5
Economic freedom ranking 15/197 191/197
Property rights 99.9 6.5
Government integrity 95.4 13.8
Judicial effectiveness 96.4 2.4
Tax burden 68.4 84.7
Government spending 7.9 96.5
Fiscal health 76.3 64.6
Business freedom 85.3 27.3
Labor freedom 65.4 33.6
Monetary freedom 80.3 6.2
Trade freedom 79.4 29.6
Investment freedom 85 5
Financial freedom 80 20

Economic freedom comparison by year

Finland
Sudan
1x
Year Economic freedom index
Finland Sudan
2026 76.6 32.5
2025 77 35.3
2024 76.3 33.9
2023 77.1 32.8
2022 78.3 32
2021 76.1 39.1
2020 75.7 45
2019 74.9 47.7
2018 74.1 49.4
2017 74 48.8
2016 72.6 -
2015 73.4 -
2014 73.4 -
2013 74 -
2012 72.3 -
2011 74 -
2010 73.8 -
2009 74.5 -
2008 74.6 -
2007 74 -
2006 72.9 -
2005 71 -
2004 73.4 -
2003 73.7 -
2002 73.6 -
2001 69.7 -
2000 64.3 47.2
1999 63.9 39.6
1998 63.5 38.3
1997 65.2 39.9
1996 63.7 39.2
1995 - 39.4

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

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

The Economic Freedom Index for Finland is 76.6, ranking 15/197, 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

Finland Sudan
Services, % of GDP
62.2%
2024
54.7%
2024
Industry, % of GDP
22.8%
2024
23.2%
2024
Agriculture, forestry, and fishing, % of GDP
2.47%
2024
22.2%
2024
GNI, Atlas method
$290B
2024
$35.8B
2024
GNI per capita, PPP
$65,640
2024
$2,050
2024
Total reserves including gold
$18B
2024
$178M
2017
Total reserves ranking
65/177
2024
171/177
2017
Net foreign direct investment
$3.28B
2024
-$574M
2022
Net inflows of foreign direct investment
$8.74B
2024
$548M
2023
Net outflows of foreign direct investment
$12B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.42%
2024
Poverty at national poverty lines
12.2%
2022
46.5%
2020
Gross capital formation, % of GDP
22.3%
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/finland/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. International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2018–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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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.