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Economy of Kuwait vs South Sudan compared: GDP & Debt

Updated on by Georank team

Kuwait has a GDP of $160B compared to $12B for South Sudan, ranking 59/197 and 149/197 by economy size, respectively.

Kuwait has $4.68B in government debt (2.92% of GDP), compared to $7.04B (50.7% of GDP) in South Sudan.

Kuwait vs South Sudan GDP by year

Kuwait
South Sudan
1x
Year GDP, current $
Kuwait South Sudan
2024 $160,227,273,053 -
2023 $165,384,407,116 -
2022 $183,502,046,694 -
2021 $148,350,671,489 -
2020 $111,045,470,606 -
2019 $140,856,394,861 -
2018 $138,646,316,351 -
2017 $120,687,539,806 -
2016 $109,406,674,125 -
2015 $114,585,555,689 $11,997,800,760
2014 $162,650,450,685 $13,962,212,847
2013 $174,168,116,535 $18,426,469,017
2012 $174,047,662,680 $11,931,472,169
2011 $154,039,231,246 $14,907,308,933
2010 $115,416,245,242 $14,602,072,411
2009 $105,968,691,905 $12,231,264,525
2008 $147,379,737,230 $14,586,253,383
2007 $114,634,043,362 -
2006 $101,557,330,723 -
2005 $80,798,630,137 -
2004 $59,439,090,601 -
2003 $47,874,582,232 -
2002 $38,135,788,414 -
2001 $34,889,559,870 -
2000 $37,718,743,480 -
1999 $30,122,365,849 -
1998 $25,943,705,784 -
1997 $30,350,190,704 -
1996 $31,492,373,309 -
1995 $27,186,980,647 -
1994 $24,848,483,838 -
1993 $23,941,391,391 -
1992 $19,858,555,215 -
1991 $11,009,993,703 -
1990 $18,427,777,778 -
1989 $24,313,855,653 -
1988 $20,690,322,153 -
1987 $22,368,704,134 -
1986 $17,903,989,745 -
1985 $21,445,970,614 -
1984 $21,700,082,753 -
1983 $20,871,081,080 -
1982 $21,577,153,356 -
1981 $25,058,020,338 -
1980 $28,638,868,356 -
1979 $24,749,063,922 -
1978 $15,503,557,496 -
1977 $14,137,406,741 -
1976 $13,132,252,802 -
1975 $12,022,811,621 -
1974 $13,006,948,296 -
1973 $5,408,804,607 -
1972 $4,450,537,925 -
1971 $3,880,392,195 -
1970 $2,873,638,851 -
1969 $2,769,198,892 -
1968 $2,662,798,935 -
1967 $2,441,599,023 -
1966 $2,391,199,044 -
1965 $2,097,199,161 -
1964 $2,071,668,533 -
1963 $1,900,895,857 -
1962 $1,828,107,503 -

Data sources: World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06).

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

GDP per capita in Kuwait vs South Sudan by year

Kuwait
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kuwait South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $32,718 $52,444 - -
2023 $34,076 $53,025 - -
2022 $39,982 $55,043 - -
2021 $34,019 $50,652 - -
2020 $25,236 $41,462 - -
2019 $31,708 $50,703 - -
2018 $32,068 $51,371 - -
2017 $29,048 $46,566 - -
2016 $27,324 $41,862 - -
2015 $29,882 $45,267 $1,080 $1,155
2014 $44,369 $68,337 $1,243 $1,373
2013 $49,651 $76,813 $1,650 $1,917
2012 $52,155 $82,090 $1,109 $1,417
2011 $49,170 $79,037 $1,449 $2,718
2010 $39,212 $75,184 $1,498 $2,948
2009 $37,907 $80,110 $1,323 $2,911
2008 $55,585 $90,337 $1,654 $2,887
2007 $45,709 $91,435 - -
2006 $42,947 $89,075 - -
2005 $36,123 $84,968 - -
2004 $27,552 $77,227 - -
2003 $22,691 $69,752 - -
2002 $18,513 $59,713 - -
2001 $17,374 $58,553 - -
2000 $19,296 $58,703 - -
1999 $15,854 $56,406 - -
1998 $14,067 $58,344 - -
1997 $16,977 $57,420 - -
1996 $18,201 $56,913 - -
1995 $16,168 $57,163 - -
1994 $14,930 $53,946 - -
1993 $14,318 $48,482 - -
1992 $12,146 $36,149 - -
1991 $8,147 $23,390 - -
1990 $10,938 $30,763 - -
1989 $10,965 - - -
1988 $9,692 - - -
1987 $10,896 - - -
1986 $9,077 - - -
1985 $11,322 - - -
1984 $11,919 - - -
1983 $11,965 - - -
1982 $12,979 - - -
1981 $15,825 - - -
1980 $19,032 - - -
1979 $17,386 - - -
1978 $11,567 - - -
1977 $11,238 - - -
1976 $11,141 - - -
1975 $10,882 - - -
1974 $12,527 - - -
1973 $5,532 - - -
1972 $4,836 - - -
1971 $4,486 - - -
1970 $3,552 - - -
1969 $3,695 - - -
1968 $3,872 - - -
1967 $3,887 - - -
1966 $4,176 - - -
1965 $4,024 - - -
1964 $4,379 - - -
1963 $4,445 - - -
1962 $4,748 - - -

Data sources: World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06).

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

Kuwait's GDP per capita is $32,718, ranking 37/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Kuwait ranks 40th at $52,444, while South Sudan ranks 197th at $1,155.

Economic indicators

Kuwait South Sudan
Gross domestic product
$160B
2024
$12B
2015
GDP rank
59/197
2024
149/197
2015
GDP growth
-2.56%
2023-2024
-10.8%
2014-2015
GDP per capita
$32,718
2024
$1,080
2015
GDP per capita rank
37/197
2024
175/197
2015
GDP per capita, PPP
$52,444
2024
$1,155
2015
GDP per capita PPP rank
40/197
2024
197/197
2015
Government debt
$4.68B
2024
$7.04B
2015
Debt-to-GDP ratio
2.92%
2024
50.7%
2024
Government debt per person
$956
2024
$633
2015
Government debt per person rank
143/185
2024
158/185
2015
Average annual personal income after taxes
$23,828
2026
$1,305
2026
Market capitalization of domestic companies
$141B
2024
n/a
Income share by richest 10% n/a
33%
2016
Income share by poorest 10% n/a
1.8%
2016
Government expenditure, % of GDP
50.4%
2024
18.1%
2024
Consumer prices inflation
2.9%
2023-2024
91.4%
2023-2024
Central bank interest rate
3.5%
2025
15%
2023
Unemployment rate
2.16%
2016
12.3%
2008
Population
5100145
12507858

Spending and national debt comparison by year

Kuwait
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Kuwait South Sudan
Government spending Government debt Government spending Government debt
2024 50.4% 2.92% 18.1% 50.7%
2023 48.3% 3.13% 21.4% 51.9%
2022 39.6% 2.95% 29.4% 37.3%
2021 48.3% 7.2% 44.1% 50.2%
2020 62.9% 10.2% 34.1% 49%
2019 50.3% 10.5% 47.9% 43.1%
2018 51.1% 14.3% 54.5% 77.6%
2017 51.9% 19.6% 97% 178.3%
2016 54.1% 9.88% 66.5% 164.7%
2015 55.4% 4.6% 34% 58.6%
2014 45% 3.43% 35.8% 37.7%
2013 38.4% 3.09% 25.3% 17.6%
2012 38.2% 3.6% 31.6% 8.91%
2011 39.7% 4.64% 20.8% -
2010 45.5% 6.16% - -
2009 42.9% 6.65% - -
2008 40.9% 5.38% - -
2007 30.4% 7.05% - -
2006 32.3% 7.79% - -
2005 28.8% 10.2% - -
2004 35.3% 13.9% - -
2003 38.2% 17.2% - -
2002 42.8% 21.3% - -
2001 41.4% 23% - -
2000 29.9% 21.4% - -
1999 44.5% 25.5% - -
1998 51.7% 25.6% - -
1997 43.8% 24.3% - -
1996 42.8% 26.5% - -
1995 52% 34.9% - -
1994 57.8% 37.7% - -
1993 58.2% 28.8% - -
1992 77.6% 27.9% - -
1991 208.9% 45.3% - -
1990 122.9% - - -

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

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

In 2024, Kuwait's government spending was $80.8B, accounting for 50.4% of its GDP, while South Sudan spent $4.08B, or 18.1% of GDP.

Debt-to-GDP ratio is 2.92% in Kuwait and 50.7% in South Sudan, ranking 184/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Kuwait

South Sudan
1x
Year Deficit/surplus, % of GDP
Kuwait South Sudan
2024 23.8% 11.7%
2023 28.2% 8.04%
2022 30% 4.48%
2021 9.98% -9.3%
2020 0.14% -5.5%
2019 13% 0.04%
2018 17.5% -1.06%
2017 15.3% 9.56%
2016 13.1% -19.8%
2015 16.6% -16.4%
2014 30% -9.07%
2013 40.6% -3.45%
2012 40.7% -14.8%
2011 38.8% 4.57%
2010 31.9% -
2009 31.3% -
2008 21.3% -
2007 37.1% -
2006 28% -
2005 38.9% -
2004 32.5% -
2003 27.2% -
2002 31% -
2001 45.2% -
2000 52.5% -
1999 28.2% -
1998 19.5% -
1997 29.5% -
1996 24.3% -
1995 11.7% -
1994 1.76% -
1993 -3.12% -
1992 -28.1% -
1991 -145% -
1990 -50% -

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

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

In 2015, Kuwait's government surplus, the difference between spending and revenue, was $19B, equivalent to 16.6% of GDP. This compares to South Sudan's deficit of $1.97B, or 16.4% of GDP.

Over the past 5 years, Kuwait recorded a fiscal deficit in 0 of those years, while South Sudan ran a deficit in 4 years. On average, Kuwait posted an annual surplus equal to 33.3% of GDP, compared to deficit of 7.83% of GDP for South Sudan.

Inflation comparison by year

Inflation
Kuwait

South Sudan
1x
Year Consumer prices inflation
Kuwait South Sudan
2024 2.9% 91.4%
2023 3.64% 2.38%
2022 3.98% -6.69%
2021 3.42% 10.5%
2020 2.1% 29.7%
2019 1.09% 87.2%
2018 0.54% 83.5%
2017 2.17% 187.9%
2016 3.2% 380%
2015 3.27% 52.8%
2014 2.91% 1.67%
2013 2.68% -0.06%
2012 3.26% 45.5%
2011 4.84% 46.9%
2010 4.5% 1.17%
2009 4.61% 5.01%
2008 10.6% -
2007 5.48% -
2006 3.06% -
2005 4.14% -
2004 1.25% -
2003 0.96% -
2002 0.89% -
2001 1.3% -
2000 1.81% -
1999 2.99% -
1998 0.13% -
1997 0.68% -

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

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

Over the past 16 years, Kuwait has recorded an average annual inflation rate of 3.07%, compared with 63.7% in South Sudan. In 2024, inflation was 2.9% in Kuwait and 91.4% in South Sudan.

Balance of trade

Kuwait South Sudan
Current account balance
$46.7B
2024
$578M
2023
Current account balance ranking
15/190
2024
60/190
2023
Current account balance, % of GDP
+29.1%
2024
-4.17%
2015
Goods imports
$33.4B
2024
$2.25B
2023
Goods exports
$77.5B
2024
$4.01B
2023
Service imports
$28.1B
2024
$2.19B
2023
Service exports
$12.2B
2024
$484M
2023
Imports of goods and services, % of GDP
38.3%
2023
28.9%
2015
Exports of goods and services, % of GDP
57.7%
2023
36.7%
2015

Economic freedom indices

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

Kuwait South Sudan
Economic freedom 59.9 41
Economic freedom ranking 100/197 186/197
Property rights 42 n/a
Government integrity 47.9 n/a
Judicial effectiveness 43.4 n/a
Tax burden 97.7 n/a
Government spending 36.2 n/a
Fiscal health 99.9 n/a
Business freedom 57.4 n/a
Labor freedom 49.2 n/a
Monetary freedom 68.7 n/a
Trade freedom 75.8 n/a
Investment freedom 50 n/a
Financial freedom 50 n/a

Other economic metrics

Kuwait South Sudan
Services, % of GDP
55.9%
2024
56.6%
2015
Industry, % of GDP
57.1%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
0.49%
2024
10.4%
2015
GNI, Atlas method
$200B
2024
$11.7B
2015
GNI per capita, PPP
$63,270
2024
$1,010
2015
Total reserves including gold
$50.7B
2024
$72.9M
2023
Total reserves ranking
41/177
2024
175/177
2023
Net foreign direct investment
$9.71B
2024
$2.21M
2019
Net inflows of foreign direct investment
$615M
2024
$83.4M
2024
Net outflows of foreign direct investment
$10.3B
2024
$0
2024
Poverty at national poverty lines n/a
66%
2020
Gross capital formation, % of GDP
17.7%
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/kuwait/south-sudan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1962–2024, 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.