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Economy of Jamaica vs South Sudan compared: GDP & Debt

Updated on by Georank team

Jamaica has a GDP of $22B compared to $12B for South Sudan, ranking 124/197 and 149/197 by economy size, respectively.

Jamaica has $14B in government debt (63.4% of GDP), compared to $7.04B (50.7% of GDP) in South Sudan.

Jamaica vs South Sudan GDP by year

Jamaica
South Sudan
1x
Year GDP, current $
Jamaica South Sudan
2024 $22,014,397,090 -
2023 $21,418,804,320 -
2022 $18,813,516,805 -
2021 $15,963,885,376 -
2020 $15,000,214,216 -
2019 $17,026,269,263 -
2018 $16,855,447,986 -
2017 $15,783,583,237 -
2016 $14,898,999,754 -
2015 $14,963,589,916 $11,997,800,760
2014 $13,899,217,680 $13,962,212,847
2013 $14,264,205,153 $18,426,469,017
2012 $14,807,086,556 $11,931,472,169
2011 $14,444,661,522 $14,907,308,933
2010 $13,220,549,908 $14,602,072,411
2009 $12,120,458,115 $12,231,264,525
2008 $13,709,401,520 $14,586,253,383
2007 $12,799,600,047 -
2006 $11,930,179,090 -
2005 $11,243,865,778 -
2004 $10,174,664,854 -
2003 $9,430,234,811 -
2002 $9,719,009,495 -
2001 $9,194,727,831 -
2000 $9,005,064,475 -
1999 $8,887,057,997 -
1998 $8,787,195,622 -
1997 $8,400,041,724 -
1996 $7,393,891,921 -
1995 $6,577,520,643 -
1994 $5,452,558,947 -
1993 $5,440,075,676 -
1992 $3,535,460,090 -
1991 $4,106,207,649 -
1990 $4,592,208,087 -
1989 $4,404,937,853 -
1988 $3,828,342,820 -
1987 $3,287,007,322 -
1986 $2,754,549,582 -
1985 $2,100,239,019 -
1984 $2,373,564,549 -
1983 $3,619,262,277 -
1982 $3,293,496,312 -
1981 $2,979,027,966 -
1980 $2,679,379,372 -
1979 $2,425,064,229 -
1978 $2,644,527,822 -
1977 $3,249,733,140 -
1976 $2,966,042,856 -
1975 $2,860,442,750 -
1974 $2,375,122,375 -
1973 $1,905,917,553 -
1972 $1,875,146,587 -
1971 $1,539,861,816 -
1970 $1,404,720,442 -
1969 $1,191,239,047 -
1968 $1,083,839,133 -
1967 $1,148,014,311 -
1966 $1,096,759,561 -
1965 $972,159,611 -
1964 $897,949,001 -
1963 $826,706,669 -
1962 $777,727,689 -
1961 $748,043,501 -
1960 $699,064,380 -

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

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

GDP per capita in Jamaica vs South Sudan by year

Jamaica
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jamaica South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,754 $12,890 - -
2023 $7,542 $12,651 - -
2022 $6,626 $11,888 - -
2021 $5,626 $10,431 - -
2020 $5,299 $9,764 - -
2019 $6,031 $10,845 - -
2018 $5,977 $10,753 - -
2017 $5,605 $10,466 - -
2016 $5,302 $9,948 - -
2015 $5,339 $9,476 $1,080 $1,155
2014 $4,975 $9,210 $1,243 $1,373
2013 $5,124 $9,101 $1,650 $1,917
2012 $5,341 $8,831 $1,109 $1,417
2011 $5,233 $8,809 $1,449 $2,718
2010 $4,810 $8,521 $1,498 $2,948
2009 $4,428 $8,580 $1,323 $2,911
2008 $5,030 $8,952 $1,654 $2,887
2007 $4,716 $8,893 - -
2006 $4,417 $8,577 - -
2005 $4,184 $8,127 - -
2004 $3,808 $7,854 - -
2003 $3,550 $7,593 - -
2002 $3,681 $7,226 - -
2001 $3,504 $7,019 - -
2000 $3,453 $6,816 - -
1999 $3,432 $6,653 - -
1998 $3,419 $6,543 - -
1997 $3,297 $6,682 - -
1996 $2,929 $6,706 - -
1995 $2,631 $6,657 - -
1994 $2,203 $6,435 - -
1993 $2,221 $6,279 - -
1992 $1,458 $5,664 - -
1991 $1,710 $5,485 - -
1990 $1,930 $5,106 - -
1989 $1,865 - - -
1988 $1,632 - - -
1987 $1,411 - - -
1986 $1,191 - - -
1985 $917 - - -
1984 $1,048 - - -
1983 $1,619 - - -
1982 $1,494 - - -
1981 $1,370 - - -
1980 $1,249 - - -
1979 $1,144 - - -
1978 $1,262 - - -
1977 $1,569 - - -
1976 $1,450 - - -
1975 $1,417 - - -
1974 $1,193 - - -
1973 $972 - - -
1972 $971 - - -
1971 $809 - - -
1970 $748 - - -
1969 $642 - - -
1968 $591 - - -
1967 $633 - - -
1966 $612 - - -
1965 $549 - - -
1964 $514 - - -
1963 $480 - - -
1962 $458 - - -
1961 $447 - - -
1960 $424 - - -

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

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

Jamaica's GDP per capita is $7,754, ranking 95/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Jamaica ranks 121st at $12,890, while South Sudan ranks 197th at $1,155.

Economic indicators

Jamaica South Sudan
Gross domestic product
$22B
2024
$12B
2015
GDP rank
124/197
2024
149/197
2015
GDP growth
-0.54%
2023-2024
-10.8%
2014-2015
GDP per capita
$7,754
2024
$1,080
2015
GDP per capita rank
95/197
2024
175/197
2015
GDP per capita, PPP
$12,890
2024
$1,155
2015
GDP per capita PPP rank
121/197
2024
197/197
2015
Government debt
$14B
2024
$7.04B
2015
Debt-to-GDP ratio
63.4%
2024
50.7%
2024
Government debt per person
$4,917
2024
$633
2015
Government debt per person rank
79/185
2024
158/185
2015
Average annual personal income after taxes
$6,905
2026
$1,305
2026
Market capitalization of domestic companies
$12.4B
2024
n/a
Income share by richest 10%
29.6%
2021
33%
2016
Income share by poorest 10%
2.2%
2021
1.8%
2016
Government expenditure, % of GDP
30.5%
2024
18.1%
2024
Consumer prices inflation
5.41%
2023-2024
91.4%
2023-2024
Central bank interest rate
5.75%
2025
15%
2023
Unemployment rate
3.02%
2023
12.3%
2008
Population
2834980
12507858

Spending and national debt comparison by year

Jamaica
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Jamaica South Sudan
Government spending Government debt Government spending Government debt
2024 30.5% 63.4% 18.1% 50.7%
2023 28% 67.3% 21.4% 51.9%
2022 28.4% 73.5% 29.4% 37.3%
2021 29% 90.9% 44.1% 50.2%
2020 29.8% 100.1% 34.1% 49%
2019 27.8% 88.6% 47.9% 43.1%
2018 27.8% 89.2% 54.5% 77.6%
2017 27.3% 96.7% 97% 178.3%
2016 27% 109.1% 66.5% 164.7%
2015 26.3% 117.6% 34% 58.6%
2014 26.5% 136.7% 35.8% 37.7%
2013 26.9% 138.1% 25.3% 17.6%
2012 29.6% 143% 31.6% 8.91%
2011 31.7% 138.1% 20.8% -
2010 32.9% 140.1% - -
2009 38.6% 141.5% - -
2008 34.4% 125.6% - -
2007 31.6% 115.3% - -
2006 31.2% 118% - -
2005 29.3% 124.5% - -
2004 31.5% 120.1% - -
2003 32.5% 125.5% - -
2002 31.1% 119.1% - -
2001 28.5% 107.9% - -
2000 26.2% 91.3% - -
1999 28.9% 83.5% - -
1998 28.3% 75.6% - -
1997 28.3% 74.4% - -
1996 27.7% 70.2% - -
1995 23.1% 85.2% - -
1994 21.5% 90.4% - -
1993 21.5% 106.2% - -
1992 20% 100.4% - -
1991 24.5% 175.1% - -
1990 25.7% 128.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, Jamaica's government spending was $6.72B, accounting for 30.5% of its GDP, while South Sudan spent $4.08B, or 18.1% of GDP.

Debt-to-GDP ratio is 63.4% in Jamaica and 50.7% in South Sudan, ranking 73/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Jamaica

South Sudan
1x
Year Deficit/surplus, % of GDP
Jamaica South Sudan
2024 0.22% 11.7%
2023 0.04% 8.04%
2022 0.27% 4.48%
2021 0.89% -9.3%
2020 -2.83% -5.5%
2019 0.85% 0.04%
2018 1.12% -1.06%
2017 0.43% 9.56%
2016 -0.19% -19.8%
2015 -0.28% -16.4%
2014 -0.49% -9.07%
2013 0.12% -3.45%
2012 -4.05% -14.8%
2011 -6.34% 4.57%
2010 -6.27% -
2009 -11.1% -
2008 -7.43% -
2007 -3.82% -
2006 -4.9% -
2005 -3.3% -
2004 -4.68% -
2003 -5.67% -
2002 -6.77% -
2001 -4.89% -
2000 -0.8% -
1999 -3.53% -
1998 -5.82% -
1997 -6.54% -
1996 -5.32% -
1995 1.6% -
1994 2.59% -
1993 2.6% -
1992 3.11% -
1991 3.87% -
1990 2.34% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2015, Jamaica's government deficit, the difference between spending and revenue, was $41.8M, equivalent to 0.28% of GDP. This compares to South Sudan's deficit of $1.97B, or 16.4% of GDP.

Over the past 5 years, Jamaica recorded a fiscal deficit in 4 of those years, while South Sudan ran a deficit in 4 years. On average, Jamaica posted an annual deficit equal to 2.21% of GDP, compared to deficit of 7.83% of GDP for South Sudan.

Inflation comparison by year

Inflation
Jamaica

South Sudan
1x
Year Consumer prices inflation
Jamaica South Sudan
2024 5.41% 91.4%
2023 6.47% 2.38%
2022 10.3% -6.69%
2021 5.86% 10.5%
2020 5.23% 29.7%
2019 3.91% 87.2%
2018 3.74% 83.5%
2017 4.38% 187.9%
2016 2.35% 380%
2015 3.69% 52.8%
2014 8.27% 1.67%
2013 9.34% -0.06%
2012 6.87% 45.5%
2011 7.56% 46.9%
2010 12.6% 1.17%
2009 9.59% 5.01%
2008 22% -
2007 9.24% -
2006 8.56% -
2005 15.1% -
2004 13.6% -
2003 10.1% -
2002 7.08% -
2001 6.8% -
2000 8.17% -
1999 5.95% -
1998 8.63% -
1997 9.66% -

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

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

Over the past 16 years, Jamaica has recorded an average annual inflation rate of 6.6%, compared with 63.7% in South Sudan. In 2024, inflation was 5.41% in Jamaica and 91.4% in South Sudan.

Balance of trade

Jamaica South Sudan
Current account balance
$679M
2024
$578M
2023
Current account balance ranking
56/190
2024
60/190
2023
Current account balance, % of GDP
+3.08%
2024
-4.17%
2015
Goods imports
$6.07B
2024
$2.25B
2023
Goods exports
$1.87B
2024
$4.01B
2023
Service imports
$3.46B
2024
$2.19B
2023
Service exports
$5.26B
2024
$484M
2023
Imports of goods and services, % of GDP
52.1%
2019
28.9%
2015
Exports of goods and services, % of GDP
38%
2019
36.7%
2015

Economic freedom indices

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

Jamaica South Sudan
Economic freedom 68.2 41
Economic freedom ranking 48/197 186/197
Property rights 66.8 n/a
Government integrity 49.4 n/a
Judicial effectiveness 75.6 n/a
Tax burden 76.3 n/a
Government spending 76 n/a
Fiscal health 92.2 n/a
Business freedom 68.5 n/a
Labor freedom 59.2 n/a
Monetary freedom 74.2 n/a
Trade freedom 70.4 n/a
Investment freedom 60 n/a
Financial freedom 50 n/a

Other economic metrics

Jamaica South Sudan
Services, % of GDP
60%
2024
56.6%
2015
Industry, % of GDP
16.5%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
7.97%
2024
10.4%
2015
GNI, Atlas method
$20.5B
2024
$11.7B
2015
GNI per capita, PPP
$12,690
2024
$1,010
2015
Total reserves including gold
$5.63B
2024
$72.9M
2023
Total reserves ranking
93/177
2024
175/177
2023
Net foreign direct investment
-$304M
2024
$2.21M
2019
Net inflows of foreign direct investment
$305M
2024
$83.4M
2024
Net outflows of foreign direct investment
$1.07M
2024
$0
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
n/a
Poverty at national poverty lines
8.2%
2023
66%
2020
Gross capital formation, % of GDP
22.6%
2019
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/jamaica/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 (1990–2024, 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 (1990–1998, 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)

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.