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Economy of Jamaica vs Sudan compared: GDP & Debt

Updated on by Georank team

Jamaica has a GDP of $22B compared to $49.7B for Sudan, ranking 124/197 and 94/197 by economy size, respectively.

Jamaica has $14B in government debt (63.4% of GDP), compared to $130B (261.4% of GDP) in Sudan.

Jamaica vs Sudan GDP by year

Jamaica
Sudan
1x
Year GDP, current $
Jamaica Sudan
2024 $22,014,397,090 $49,672,435,513
2023 $21,418,804,320 $39,898,289,821
2022 $18,813,516,805 $51,666,875,363
2021 $15,963,885,376 $34,229,513,775
2020 $15,000,214,216 $27,034,593,750
2019 $17,026,269,263 $32,338,079,165
2018 $16,855,447,986 $32,333,780,383
2017 $15,783,583,237 $41,283,617,976
2016 $14,898,999,754 $42,630,376,000
2015 $14,963,589,916 $51,726,758,677
2014 $13,899,217,680 $49,516,748,618
2013 $14,264,205,153 $43,024,018,082
2012 $14,807,086,556 $37,632,919,967
2011 $14,444,661,522 $55,018,567,211
2010 $13,220,549,908 $58,962,978,034
2009 $12,120,458,115 $51,621,044,077
2008 $13,709,401,520 $64,833,083,257
2007 $12,799,600,047 $59,440,139,775
2006 $11,930,179,090 $45,263,831,634
2005 $11,243,865,778 $35,182,711,988
2004 $10,174,664,854 $26,646,007,251
2003 $9,430,234,811 $21,355,298,460
2002 $9,719,009,495 $18,137,128,388
2001 $9,194,727,831 $15,716,361,792
2000 $9,005,064,475 $12,257,299,147
1999 $8,887,057,997 $10,682,028,340
1998 $8,787,195,622 $11,250,221,537
1997 $8,400,041,724 $11,681,175,864
1996 $7,393,891,921 $9,018,300,725
1995 $6,577,520,643 $13,830,363,900
1994 $5,452,558,947 $12,793,794,737
1993 $5,440,075,676 $8,881,005,436
1992 $3,535,460,090 $7,031,933,492
1991 $4,106,207,649 $44,171,194,366
1990 $4,592,208,087 $33,641,222,222
1989 $4,404,937,853 $21,408,111,111
1988 $3,828,342,820 $14,372,555,556
1987 $3,287,007,322 $12,093,333,333
1986 $2,754,549,582 $10,092,200,000
1985 $2,100,239,019 $8,075,259,600
1984 $2,373,564,549 $10,447,615,385
1983 $3,619,262,277 $8,230,153,846
1982 $3,293,496,312 $8,732,542,274
1981 $2,979,027,966 $10,753,888,154
1980 $2,679,379,372 $8,951,800,000
1979 $2,425,064,229 $8,418,407,787
1978 $2,644,527,822 $8,128,719,315
1977 $3,249,733,140 $7,499,005,639
1976 $2,966,042,856 $6,013,210,816
1975 $2,860,442,750 $4,823,090,192
1974 $2,375,122,375 $3,958,931,660
1973 $1,905,917,553 $3,077,254,460
1972 $1,875,146,587 $2,483,055,722
1971 $1,539,861,816 $2,288,340,041
1970 $1,404,720,442 $2,100,229,759
1969 $1,191,239,047 $1,847,501,441
1968 $1,083,839,133 $1,677,771,401
1967 $1,148,014,311 $1,607,409,539
1966 $1,096,759,561 $1,484,491,676
1965 $972,159,611 $1,446,869,619
1964 $897,949,001 $1,388,282,600
1963 $826,706,669 $1,351,234,926
1962 $777,727,689 $1,328,259,625
1961 $748,043,501 $1,222,860,429
1960 $699,064,380 $1,126,364,162

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

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

GDP per capita in Jamaica vs Sudan by year

Jamaica
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jamaica Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,754 $12,890 $985 $2,116
2023 $7,542 $12,651 $797 $2,421
2022 $6,626 $11,888 $1,046 $3,355
2021 $5,626 $10,431 $712 $3,249
2020 $5,299 $9,764 $578 $3,349
2019 $6,031 $10,845 $710 $3,914
2018 $5,977 $10,753 $731 $4,199
2017 $5,605 $10,466 $967 $4,252
2016 $5,302 $9,948 $1,033 $4,470
2015 $5,339 $9,476 $1,292 $4,217
2014 $4,975 $9,210 $1,275 $4,261
2013 $5,124 $9,101 $1,139 $3,725
2012 $5,341 $8,831 $1,019 $3,710
2011 $5,233 $8,809 $1,522 $4,112
2010 $4,810 $8,521 $1,665 $3,806
2009 $4,428 $8,580 $1,493 $3,732
2008 $5,030 $8,952 $1,928 $3,938
2007 $4,716 $8,893 $1,814 $3,836
2006 $4,417 $8,577 $1,415 $3,637
2005 $4,184 $8,127 $1,125 $3,407
2004 $3,808 $7,854 $872 $3,215
2003 $3,550 $7,593 $714 $3,058
2002 $3,681 $7,226 $621 $2,898
2001 $3,504 $7,019 $551 $2,769
2000 $3,453 $6,816 $441 $2,616
1999 $3,432 $6,653 $394 $2,475
1998 $3,419 $6,543 $425 $2,428
1997 $3,297 $6,682 $453 $2,358
1996 $2,929 $6,706 $357 $2,006
1995 $2,631 $6,657 $561 $1,902
1994 $2,203 $6,435 $532 $1,805
1993 $2,221 $6,279 $379 $1,794
1992 $1,458 $5,664 $307 $1,710
1991 $1,710 $5,485 $1,966 $1,599
1990 $1,930 $5,106 $1,528 $1,468
1989 $1,865 - $992 -
1988 $1,632 - $680 -
1987 $1,411 - $584 -
1986 $1,191 - $497 -
1985 $917 - $406 -
1984 $1,048 - $534 -
1983 $1,619 - $431 -
1982 $1,494 - $472 -
1981 $1,370 - $605 -
1980 $1,249 - $525 -
1979 $1,144 - $515 -
1978 $1,262 - $518 -
1977 $1,569 - $497 -
1976 $1,450 - $413 -
1975 $1,417 - $343 -
1974 $1,193 - $291.5 -
1973 $972 - $235.8 -
1972 $971 - $198.2 -
1971 $809 - $189 -
1970 $748 - $179.6 -
1969 $642 - $163.5 -
1968 $591 - $153.7 -
1967 $633 - $152.4 -
1966 $612 - $145.6 -
1965 $549 - $146.8 -
1964 $514 - $145.7 -
1963 $480 - $146.6 -
1962 $458 - $148.9 -
1961 $447 - $141.6 -
1960 $424 - $134.7 -

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

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

Jamaica's GDP per capita is $7,754, ranking 95/197, compared to $985 in Sudan, ranking 179/197. Adjusted for purchasing power (GDP per capita PPP), Jamaica ranks 121st at $12,890, while Sudan ranks 185th at $2,116.

Economic indicators

Jamaica Sudan
Gross domestic product
$22B
2024
$49.7B
2024
GDP rank
124/197
2024
94/197
2024
GDP growth
-0.54%
2023-2024
-14%
2023-2024
GDP per capita
$7,754
2024
$985
2024
GDP per capita rank
95/197
2024
179/197
2024
GDP per capita, PPP
$12,890
2024
$2,116
2024
GDP per capita PPP rank
121/197
2024
185/197
2024
Government debt
$14B
2024
$130B
2024
Debt-to-GDP ratio
63.4%
2024
261.4%
2024
Government debt per person
$4,917
2024
$2,574
2024
Government debt per person rank
79/185
2024
109/185
2024
Average annual personal income after taxes
$6,905
2026
$1,704
2026
Market capitalization of domestic companies
$12.4B
2024
n/a
Income share by richest 10%
29.6%
2021
27.8%
2014
Income share by poorest 10%
2.2%
2021
3.2%
2014
Government expenditure, % of GDP
30.5%
2024
6.39%
2024
Consumer prices inflation
5.41%
2023-2024
138.8%
2021-2022
Central bank interest rate
5.75%
2025
n/a
Unemployment rate
3.02%
2023
7.53%
2022
Population
2834980
53335233

Spending and national debt comparison by year

Jamaica
Spending

Debt
Sudan
Spending

Debt
1x
Year % of GDP
Jamaica Sudan
Government spending Government debt Government spending Government debt
2024 30.5% 63.4% 6.39% 261.4%
2023 28% 67.3% 8.23% 259.9%
2022 28.4% 73.5% 17.9% 186.9%
2021 29% 90.9% 9.84% 189.6%
2020 29.8% 100.1% 10.9% 278.3%
2019 27.8% 88.6% 18.7% 216.5%
2018 27.8% 89.2% 16.8% 209.8%
2017 27.3% 96.7% 12.8% 149.5%
2016 27% 109.1% 9.98% 109.9%
2015 26.3% 117.6% 12.4% 93.2%
2014 26.5% 136.7% 13.5% 84.4%
2013 26.9% 138.1% 15.3% 105.8%
2012 29.6% 143% 16.5% 117.7%
2011 31.7% 138.1% 18.2% 78.1%
2010 32.9% 140.1% 17.4% 74.6%
2009 38.6% 141.5% 18.8% 71%
2008 34.4% 125.6% 19.7% 55.8%
2007 31.6% 115.3% 19.6% 53.7%
2006 31.2% 118% 18.8% 63.7%
2005 29.3% 124.5% 19.7% 75.5%
2004 31.5% 120.1% 16.5% 97.8%
2003 32.5% 125.5% 12.5% 117.4%
2002 31.1% 119.1% 10.5% 121.7%
2001 28.5% 107.9% 9.87% 125.6%
2000 26.2% 91.3% 10.4% 143.2%
1999 28.9% 83.5% 8.4% 160.5%
1998 28.3% 75.6% 7.79% 179.7%
1997 28.3% 74.4% 7.38% 167.7%
1996 27.7% 70.2% 9.31% 220.9%
1995 23.1% 85.2% 12.9% 239%
1994 21.5% 90.4% 19.6% 386%
1993 21.5% 106.2% 23.7% 285.9%
1992 20% 100.4% 50.4% 495%
1991 24.5% 175.1% 45.7% -
1990 25.7% 128.8% 31% -

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/sudan | CC BY

In 2024, Jamaica's government spending was $6.72B, accounting for 30.5% of its GDP, while Sudan spent $3.17B, or 6.39% of GDP.

Debt-to-GDP ratio is 63.4% in Jamaica and 261.4% in Sudan, ranking 73/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Jamaica

Sudan
1x
Year Deficit/surplus, % of GDP
Jamaica Sudan
2024 0.22% -3.46%
2023 0.04% -3.7%
2022 0.27% -2.15%
2021 0.89% -0.29%
2020 -2.83% -6.03%
2019 0.85% -10.8%
2018 1.12% -7.92%
2017 0.43% -6.07%
2016 -0.19% -3.92%
2015 -0.28% -3.87%
2014 -0.49% -4.72%
2013 0.12% -5.76%
2012 -4.05% -7.37%
2011 -6.34% -2.33%
2010 -6.27% 0.11%
2009 -11.1% -3.8%
2008 -7.43% 0.49%
2007 -3.82% -2.84%
2006 -4.9% -1.32%
2005 -3.3% -1.88%
2004 -4.68% 0.16%
2003 -5.67% 0.77%
2002 -6.77% -0.69%
2001 -4.89% -0.77%
2000 -0.8% -0.7%
1999 -3.53% -0.8%
1998 -5.82% -0.56%
1997 -6.54% -0.59%
1996 -5.32% -2.61%
1995 1.6% -3.48%
1994 2.59% -3.03%
1993 2.6% -8.04%
1992 3.11% -24.5%
1991 3.87% -26.5%
1990 2.34% -16.2%

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

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

In 2024, Jamaica's government surplus, the difference between spending and revenue, was $49.1M, equivalent to 0.22% of GDP. This compares to Sudan's deficit of $1.72B, or 3.46% of GDP.

Over the past 35 years, Jamaica recorded a fiscal deficit in 21 of those years, while Sudan ran a deficit in 31 years. On average, Jamaica posted an annual deficit equal to 2.14% of GDP, compared to deficit of 4.72% of GDP for Sudan.

Inflation comparison by year

Inflation
Jamaica

Sudan
1x
Year Consumer prices inflation
Jamaica Sudan
2024 5.41% -
2023 6.47% -
2022 10.3% 138.8%
2021 5.86% 359%
2020 5.23% 163.3%
2019 3.91% 51%
2018 3.74% 63.3%
2017 4.38% 32.4%
2016 2.35% 17.8%
2015 3.69% 16.9%
2014 8.27% 36.9%
2013 9.34% 36.5%
2012 6.87% 35.6%
2011 7.56% 18.1%
2010 12.6% 13%
2009 9.59% 11.3%
2008 22% 14.3%
2007 9.24% 14.8%
2006 8.56% 7.2%
2005 15.1% 8.51%
2004 13.6% 9.66%
2003 10.1% 6.49%
2002 7.08% 22.2%
2001 6.8% 1.94%
2000 8.17% 7.12%
1999 5.95% 17.2%
1998 8.63% 24.6%
1997 9.66% 47.2%

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

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

Over the past 26 years, Jamaica has recorded an average annual inflation rate of 8.41%, compared with 45.2% in Sudan. In 2022, inflation was 5.41% in Jamaica and 138.8% in Sudan.

Top exports between countries

Jamaica
Export category Export value
Raw agricultural goods $6K
Sudan
Export category Export value
Animal & marine products $2K

Balance of trade

Jamaica Sudan
Current account balance
$679M
2024
-$4.44B
2022
Current account balance ranking
56/190
2024
165/190
2022
Current account balance, % of GDP
+3.08%
2024
-8.6%
2022
Goods imports
$6.07B
2024
$9.99B
2022
Goods exports
$1.87B
2024
$4.36B
2022
Service imports
$3.46B
2024
$1.59B
2022
Service exports
$5.26B
2024
$1.55B
2022
Imports of goods and services, % of GDP
52.1%
2019
1.27%
2024
Exports of goods and services, % of GDP
38%
2019
0.72%
2024

Economic freedom indices

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

Jamaica Sudan
Economic freedom 68.2 32.5
Economic freedom ranking 48/197 191/197
Property rights 66.8 6.5
Government integrity 49.4 13.8
Judicial effectiveness 75.6 2.4
Tax burden 76.3 84.7
Government spending 76 96.5
Fiscal health 92.2 64.6
Business freedom 68.5 27.3
Labor freedom 59.2 33.6
Monetary freedom 74.2 6.2
Trade freedom 70.4 29.6
Investment freedom 60 5
Financial freedom 50 20

Economic freedom comparison by year

Jamaica
Sudan
1x
Year Economic freedom index
Jamaica Sudan
2026 68.2 32.5
2025 68.7 35.3
2024 68.1 33.9
2023 68.1 32.8
2022 67.4 32
2021 69 39.1
2020 68.5 45
2019 68.6 47.7
2018 69.1 49.4
2017 69.5 48.8
2016 67.5 -
2015 67.7 -
2014 66.7 -
2013 66.8 -
2012 65.1 -
2011 65.7 -
2010 65.5 -
2009 65.2 -
2008 65.7 -
2007 65.5 -
2006 66.4 -
2005 67 -
2004 66.7 -
2003 67 -
2002 61.7 -
2001 63.7 -
2000 65.5 47.2
1999 64.7 39.6
1998 67.1 38.3
1997 67.7 39.9
1996 66.7 39.2
1995 64.4 39.4

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

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

The Economic Freedom Index for Jamaica is 68.2, ranking 48/197, 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

Jamaica Sudan
Services, % of GDP
60%
2024
54.7%
2024
Industry, % of GDP
16.5%
2024
23.2%
2024
Agriculture, forestry, and fishing, % of GDP
7.97%
2024
22.2%
2024
GNI, Atlas method
$20.5B
2024
$35.8B
2024
GNI per capita, PPP
$12,690
2024
$2,050
2024
Total reserves including gold
$5.63B
2024
$178M
2017
Total reserves ranking
93/177
2024
171/177
2017
Net foreign direct investment
-$304M
2024
-$574M
2022
Net inflows of foreign direct investment
$305M
2024
$548M
2023
Net outflows of foreign direct investment
$1.07M
2024
$0
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
0.42%
2024
Poverty at national poverty lines
8.2%
2023
46.5%
2020
Gross capital formation, % of GDP
22.6%
2019
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/jamaica/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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20)
  6. TradeMap (2018–2020, 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)

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.