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Economy of Kiribati vs South Sudan compared: GDP & Debt

Updated on by Georank team

Kiribati has a GDP of $308M compared to $12B for South Sudan, ranking 192/197 and 149/197 by economy size, respectively.

Kiribati has $30.5M in government debt (9.92% of GDP), compared to $7.04B (50.7% of GDP) in South Sudan.

Kiribati vs South Sudan GDP by year

Kiribati
South Sudan
1x
Year GDP, current $
Kiribati South Sudan
2024 $307,862,564 -
2023 $288,610,748 -
2022 $270,040,453 -
2021 $285,259,881 -
2020 $220,898,020 -
2019 $216,985,388 -
2018 $233,514,717 -
2017 $222,875,736 -
2016 $206,467,819 -
2015 $191,559,399 $11,997,800,760
2014 $200,287,282 $13,962,212,847
2013 $201,730,861 $18,426,469,017
2012 $207,001,546 $11,931,472,169
2011 $195,970,140 $14,907,308,933
2010 $165,458,433 $14,602,072,411
2009 $140,177,384 $12,231,264,525
2008 $147,017,895 $14,586,253,383
2007 $138,054,946 -
2006 $112,338,353 -
2005 $113,895,437 -
2004 $104,085,892 -
2003 $96,105,619 -
2002 $74,743,869 -
2001 $64,935,850 -
2000 $74,910,527 -
1999 $77,323,978 -
1998 $74,905,706 -
1997 $80,205,807 -
1996 $81,456,854 -
1995 $68,596,395 -
1994 $67,055,334 -
1993 $58,953,596 -
1992 $61,491,369 -
1991 $41,247,792 -
1990 $36,534,295 -
1989 $37,645,319 -
1988 $38,278,810 -
1987 $29,554,413 -
1986 $25,993,009 -
1985 $26,126,615 -
1984 $34,394,167 -
1983 $31,000,546 -
1982 $32,742,713 -
1981 $35,267,489 -
1980 $33,157,723 -
1979 $34,466,197 -
1978 $36,563,965 -
1977 $31,335,459 -
1976 $33,246,817 -
1975 $44,547,454 -
1974 $69,256,489 -
1973 $25,645,040 -
1972 $15,314,346 -
1971 $12,356,134 -
1970 $11,560,877 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Kiribati vs South Sudan by year

Kiribati
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kiribati South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,289 $3,702 - -
2023 $2,178 $3,486 - -
2022 $2,070 $3,329 - -
2021 $2,222 $3,020 - -
2020 $1,752 $2,711 - -
2019 $1,751 $2,763 - -
2018 $1,913 $2,672 - -
2017 $1,853 $2,562 - -
2016 $1,743 $2,463 - -
2015 $1,640 $2,311 $1,080 $1,155
2014 $1,737 $2,084 $1,243 $1,373
2013 $1,772 $2,049 $1,650 $1,917
2012 $1,844 $1,896 $1,109 $1,417
2011 $1,771 $1,786 $1,449 $2,718
2010 $1,522 $1,724 $1,498 $2,948
2009 $1,317 $1,718 $1,323 $2,911
2008 $1,411 $1,735 $1,654 $2,887
2007 $1,353 $1,792 - -
2006 $1,123 $1,728 - -
2005 $1,162 $1,617 - -
2004 $1,083 $1,579 - -
2003 $1,021 $1,578 - -
2002 $810 $1,605 - -
2001 $719 $1,591 - -
2000 $845 $1,638 - -
1999 $887 $1,526 - -
1998 $874 $1,593 - -
1997 $953 $1,535 - -
1996 $986 $1,519 - -
1995 $844 $1,518 - -
1994 $838 $1,469 - -
1993 $748 $1,431 - -
1992 $792 $1,421 - -
1991 $540 $1,139 - -
1990 $488 $1,192 - -
1989 $515 - - -
1988 $536 - - -
1987 $424 - - -
1986 $382 - - -
1985 $393 - - -
1984 $527 - - -
1983 $483 - - -
1982 $519 - - -
1981 $568 - - -
1980 $542 - - -
1979 $573 - - -
1978 $611 - - -
1977 $520 - - -
1976 $548 - - -
1975 $730 - - -
1974 $1,131 - - -
1973 $422 - - -
1972 $256.2 - - -
1971 $210.7 - - -
1970 $201 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Kiribati's GDP per capita is $2,289, ranking 152/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Kiribati ranks 169th at $3,702, while South Sudan ranks 197th at $1,155.

Economic indicators

Kiribati South Sudan
Gross domestic product
$308M
2024
$12B
2015
GDP rank
192/197
2024
149/197
2015
GDP growth
5.27%
2023-2024
-10.8%
2014-2015
GDP per capita
$2,289
2024
$1,080
2015
GDP per capita rank
152/197
2024
175/197
2015
GDP per capita, PPP
$3,702
2024
$1,155
2015
GDP per capita PPP rank
169/197
2024
197/197
2015
Government debt
$30.5M
2024
$7.04B
2015
Debt-to-GDP ratio
9.92%
2024
50.7%
2024
Government debt per person
$226.9
2024
$633
2015
Government debt per person rank
181/185
2024
158/185
2015
Average annual personal income after taxes
$1,967
2026
$1,305
2026
Income share by richest 10%
22.8%
2019
33%
2016
Income share by poorest 10%
4%
2019
1.8%
2016
Government expenditure, % of GDP
98.1%
2024
18.1%
2024
Consumer prices inflation
2.5%
2023-2024
91.4%
2023-2024
Central bank interest rate n/a
15%
2023
Unemployment rate
2.79%
2023
12.3%
2008
Population
139020
12507858

Spending and national debt comparison by year

Kiribati
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Kiribati South Sudan
Government spending Government debt Government spending Government debt
2024 98.1% 9.92% 18.1% 50.7%
2023 95.3% 11.4% 21.4% 51.9%
2022 87.5% 16.3% 29.4% 37.3%
2021 84% 17.3% 44.1% 50.2%
2020 102.2% 21% 34.1% 49%
2019 108.3% 19% 47.9% 43.1%
2018 108.8% 19% 54.5% 77.6%
2017 92.1% 20.2% 97% 178.3%
2016 99% 21.2% 66.5% 164.7%
2015 90.9% 18.8% 34% 58.6%
2014 101.2% 8.97% 35.8% 37.7%
2013 78% 8.86% 25.3% 17.6%
2012 83.9% 8.13% 31.6% 8.91%
2011 80.9% 8.8% 20.8% -
2010 75.7% 9.43% - -
2009 74.7% 10.3% - -
2008 79.4% 13.9% - -
2007 77.3% 11.1% - -
2006 82.1% 12.9% - -
2005 95.6% 12.1% - -
2004 103.8% 13.6% - -
2003 84.4% 12.3% - -
2002 96.9% 13.3% - -
2001 101.3% 17% - -
2000 66% 12.7% - -
1999 77.6% 11.8% - -
1998 74.7% 9.81% - -
1997 70.9% 10.7% - -
1996 68.4% 11% - -
1995 69.6% 12.3% - -
1994 54.6% 12.3% - -
1993 55.3% 10.9% - -
1992 65.9% 7.31% - -
1991 82.1% 8.43% - -
1990 105.5% 7.72% - -

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

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

In 2024, Kiribati's government spending was $302M, accounting for 98.1% of its GDP, while South Sudan spent $4.08B, or 18.1% of GDP.

Debt-to-GDP ratio is 9.92% in Kiribati and 50.7% in South Sudan, ranking 180/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Kiribati

South Sudan
1x
Year Deficit/surplus, % of GDP
Kiribati South Sudan
2024 -22% 11.7%
2023 0.13% 8.04%
2022 -18.3% 4.48%
2021 -10.8% -9.3%
2020 3.57% -5.5%
2019 10.8% 0.04%
2018 5.18% -1.06%
2017 34.1% 9.56%
2016 20.1% -19.8%
2015 42.5% -16.4%
2014 35% -9.07%
2013 11.8% -3.45%
2012 -5.43% -14.8%
2011 -17.6% 4.57%
2010 -7.8% -
2009 -8.56% -
2008 -15.8% -
2007 -12.5% -
2006 -12.3% -
2005 -9.96% -
2004 -19.2% -
2003 -8.93% -
2002 3.13% -
2001 -10.9% -
2000 -0.03% -
1999 -1.81% -
1998 14.6% -
1997 5.92% -
1996 -20.2% -
1995 -5.14% -
1994 0.74% -
1993 6.27% -
1992 0.79% -
1991 3.87% -
1990 -4.62% -

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

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

In 2015, Kiribati's government surplus, the difference between spending and revenue, was $81.4M, equivalent to 42.5% of GDP. This compares to South Sudan's deficit of $1.97B, or 16.4% of GDP.

Over the past 5 years, Kiribati recorded a fiscal deficit in 2 of those years, while South Sudan ran a deficit in 4 years. On average, Kiribati posted an annual surplus equal to 13.3% of GDP, compared to deficit of 7.83% of GDP for South Sudan.

Inflation comparison by year

Inflation
Kiribati

South Sudan
1x
Year Consumer prices inflation
Kiribati South Sudan
2024 2.5% 91.4%
2023 9.3% 2.38%
2022 5.3% -6.69%
2021 2.1% 10.5%
2020 2.6% 29.7%
2019 -1.8% 87.2%
2018 0.6% 83.5%
2017 0.4% 187.9%
2016 1.9% 380%
2015 0.6% 52.8%
2014 2.1% 1.67%
2013 -1.5% -0.06%
2012 -3% 45.5%
2011 1.5% 46.9%
2010 -3.9% 1.17%
2009 9.8% 5.01%
2008 13.7% -
2007 3.6% -
2006 -1% -
2005 -0.4% -
2004 -0.7% -
2003 1.6% -
2002 3.2% -
2001 6% -
2000 0.4% -
1999 1.8% -
1998 3.7% -
1997 2.6% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (2009–2024, retrieved 2026-04-06).

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

Over the past 16 years, Kiribati has recorded an average annual inflation rate of 1.78%, compared with 63.7% in South Sudan. In 2024, inflation was 2.5% in Kiribati and 91.4% in South Sudan.

Balance of trade

Kiribati South Sudan
Current account balance
-$59.5M
2024
$578M
2023
Current account balance ranking
85/190
2024
60/190
2023
Current account balance, % of GDP
-19.3%
2024
-4.17%
2015
Goods imports
$227M
2024
$2.25B
2023
Goods exports
$8.49M
2024
$4.01B
2023
Service imports
$108M
2024
$2.19B
2023
Service exports
$7M
2024
$484M
2023
Imports of goods and services, % of GDP
94.9%
2024
28.9%
2015
Exports of goods and services, % of GDP
6.27%
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.

Kiribati South Sudan
Economic freedom 50.8 41
Economic freedom ranking 158/197 186/197
Property rights 69.6 n/a
Government integrity 50.5 n/a
Judicial effectiveness 54.6 n/a
Tax burden 72.6 n/a
Government spending 0 n/a
Fiscal health 19.8 n/a
Business freedom 60.2 n/a
Labor freedom 65.3 n/a
Monetary freedom 76.7 n/a
Trade freedom 80 n/a
Investment freedom 30 n/a
Financial freedom 30 n/a

Other economic metrics

Kiribati South Sudan
Services, % of GDP
67.1%
2023
56.6%
2015
Industry, % of GDP
11.5%
2023
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
27.2%
2023
10.4%
2015
GNI, Atlas method
$493M
2024
$11.7B
2015
GNI per capita, PPP
$6,060
2024
$1,010
2015
Total reserves including gold n/a
$72.9M
2023
Total reserves ranking n/a
175/177
2023
Net foreign direct investment
-$8.06M
2024
$2.21M
2019
Net inflows of foreign direct investment
$8.07M
2024
$83.4M
2024
Net outflows of foreign direct investment
$16.4K
2024
$0
2024
Poverty at national poverty lines
5.5%
2023
66%
2020
Gross capital formation, % of GDP
25.8%
2023
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/kiribati/south-sudan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.