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Economy of Philippines vs South Sudan compared: GDP & Debt

Updated on by Georank

The Philippines has a GDP of $487B compared to $12B for South Sudan, ranking 34/197 and 151/197 by economy size, respectively.

The Philippines has $289B in government debt (59.4% of GDP), compared to $6.98B (62.1% of GDP) in South Sudan.

Philippines vs South Sudan GDP by year

Philippines
South Sudan
1x
Year GDP, current $
Philippines South Sudan
2025 $487,086,123,720 -
2024 $461,671,157,905 -
2023 $437,055,627,245 -
2022 $404,353,369,605 -
2021 $394,087,359,848 -
2020 $361,751,145,452 -
2019 $376,823,402,239 -
2018 $346,841,896,587 -
2017 $328,480,736,803 -
2016 $318,627,003,017 -
2015 $306,445,871,242 $11,997,800,760
2014 $297,483,555,338 $13,962,212,847
2013 $283,902,828,589 $18,426,469,017
2012 $261,920,540,963 $11,931,472,169
2011 $234,216,730,291 $14,907,308,933
2010 $208,368,893,151 $14,602,072,411
2009 $175,974,755,881 $12,231,264,525
2008 $181,624,626,327 $14,586,253,383
2007 $155,980,408,673 -
2006 $127,652,926,368 -
2005 $107,419,977,318 -
2004 $95,001,999,685 -
2003 $87,039,092,974 -
2002 $84,307,345,888 -
2001 $78,921,234,458 -
2000 $83,669,788,377 -
1999 $85,640,171,045 -
1998 $74,492,416,330 -
1997 $94,106,317,565 -
1996 $94,648,084,429 -
1995 $84,644,328,727 -
1994 $73,159,336,915 -
1993 $62,036,529,147 -
1992 $60,422,328,242 -
1991 $51,784,144,943 -
1990 $50,508,286,642 -
1989 $48,513,773,721 -
1988 $43,152,128,959 -
1987 $37,791,488,666 -
1986 $33,987,207,295 -
1985 $34,961,486,348 -
1984 $35,730,185,634 -
1983 $37,759,179,895 -
1982 $42,206,011,275 -
1981 $40,499,388,869 -
1980 $36,848,080,899 -
1979 $31,218,296,292 -
1978 $25,762,224,563 -
1977 $22,283,109,803 -
1976 $19,381,055,197 -
1975 $16,875,240,684 -
1974 $15,607,882,555 -
1973 $11,412,449,735 -
1972 $9,067,815,521 -
1971 $8,375,075,630 -
1970 $7,559,115,517 -
1969 $9,571,800,653 -
1968 $8,632,749,269 -
1967 $7,724,873,935 -
1966 $7,189,017,888 -
1965 $6,517,349,772 -
1964 $5,953,756,195 -
1963 $5,505,023,238 -
1962 $4,954,593,072 -
1961 $8,171,194,425 -
1960 $7,515,894,111 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Philippines vs South Sudan by year

Philippines
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Philippines South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $4,171 - - -
2024 $3,985 $11,794 - -
2023 $3,804 $10,986 - -
2022 $3,548 $10,131 - -
2021 $3,484 $8,858 - -
2020 $3,228 $8,238 - -
2019 $3,401 $8,924 - -
2018 $3,169 $8,358 - -
2017 $3,038 $7,774 - -
2016 $2,985 $7,383 - -
2015 $2,910 $6,894 $1,080 $1,155
2014 $2,867 $6,689 $1,243 $1,373
2013 $2,781 $6,373 $1,650 $1,917
2012 $2,615 $6,094 $1,109 $1,417
2011 $2,384 $5,705 $1,449 $2,718
2010 $2,163 $5,489 $1,498 $2,948
2009 $1,864 $5,157 $1,323 $2,911
2008 $1,959 $5,144 $1,654 $2,887
2007 $1,713 $4,923 - -
2006 $1,426 $4,579 - -
2005 $1,220 $4,289 - -
2004 $1,100 $4,037 - -
2003 $1,027 $3,761 - -
2002 $1,015 $3,580 - -
2001 $970 $3,469 - -
2000 $1,051 $3,366 - -
1999 $1,101 $3,229 - -
1998 $983 $3,160 - -
1997 $1,273 $3,221 - -
1996 $1,311 $3,082 - -
1995 $1,200 $2,926 - -
1994 $1,060 $2,800 - -
1993 $919 $2,684 - -
1992 $917 $2,629 - -
1991 $804 $2,621 - -
1990 $804 $2,608 - -
1989 $792 - - -
1988 $722 - - -
1987 $650 - - -
1986 $600 - - -
1985 $633 - - -
1984 $665 - - -
1983 $723 - - -
1982 $833 - - -
1981 $821 - - -
1980 $767 - - -
1979 $667 - - -
1978 $565 - - -
1977 $502 - - -
1976 $449 - - -
1975 $401 - - -
1974 $379 - - -
1973 $283.2 - - -
1972 $230.1 - - -
1971 $217.4 - - -
1970 $200.9 - - -
1969 $261.1 - - -
1968 $242.2 - - -
1967 $223.1 - - -
1966 $213.8 - - -
1965 $199.8 - - -
1964 $188.2 - - -
1963 $179.5 - - -
1962 $166.7 - - -
1961 $283.8 - - -
1960 $269.5 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

The Philippines' GDP per capita is $4,171, ranking 130/197, compared to $1,080 in South Sudan, ranking 180/197. Adjusted for purchasing power (GDP per capita PPP), the Philippines ranks 127th at $11,794, while South Sudan ranks 197th at $1,155.

Economic indicators

Philippines South Sudan
Gross domestic product
$487B
2025
$12B
2015
GDP rank
34/197
2025
151/197
2015
GDP growth
4.4%
2024-2025
-10.8%
2014-2015
GDP per capita
$4,171
2025
$1,080
2015
GDP per capita rank
130/197
2025
180/197
2015
GDP per capita, PPP
$11,794
2024
$1,155
2015
GDP per capita PPP rank
127/197
2024
197/197
2015
Government debt
$289B
2025
$6.98B
2015
Debt-to-GDP ratio
59.4%
2025
62.1%
2025
Government debt per person
$2,476
2025
$628
2015
Government debt per person rank
113/185
2025
160/185
2015
Average annual personal income after taxes
$3,163
2026
$1,514
2026
Market capitalization of domestic companies
$232B
2025
n/a
Number of billionaires
15
2026
n/a
Income share by richest 10%
31.6%
2023
33%
2016
Income share by poorest 10%
2.9%
2023
1.8%
2016
Government expenditure, % of GDP
24.3%
2025
18.4%
2025
Consumer prices inflation
1.66%
2024-2025
91.4%
2023-2024
Central bank interest rate
4.75%
2025
13%
2025
Unemployment rate
2.41%
2023
12.3%
2008
Population
118213646
12565048

Spending and national debt comparison by year

Philippines
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Philippines South Sudan
Government spending Government debt Government spending Government debt
2025 24.3% 59.4% 18.4% 62.1%
2024 25.6% 56.6% 18.9% 53.4%
2023 24.7% 56.5% 21.3% 62%
2022 25.9% 57.4% 29.5% 42.1%
2021 27.2% 57% 44.1% 56.4%
2020 25.9% 51.6% 34.1% 48.3%
2019 21.7% 37% 47.9% 43.4%
2018 20.9% 37.1% 59.2% 84.3%
2017 19.5% 38.1% 42.2% 77.5%
2016 19% 37.4% 52% 128.9%
2015 17.8% 39.7% 33.7% 58.2%
2014 16.8% 40.3% 37.6% 39.6%
2013 17.3% 43.9% 25.3% 17.6%
2012 17.7% 45.7% 31.6% 8.91%
2011 17.2% 45.4% 20.8% 0%
2010 18.3% 47.6% - -
2009 19.2% 49.8% - -
2008 17.9% 50% - -
2007 18.2% 50.2% - -
2006 18.3% 57.2% - -
2005 18.7% 64.7% - -
2004 19.4% 71.1% - -
2003 20.4% 71.4% - -
2002 20.6% 65.2% - -
2001 21% 59.5% - -
2000 20.8% 59.2% - -
1999 20.7% 54.2% - -
1998 20.3% 50.8% - -
1997 20.3% 56.9% - -
1996 19.6% 53.1% - -
1995 19.1% 60.8% - -
1994 19.7% 63.6% - -
1993 17.6% 73.9% - -
1992 18.4% 53.9% - -
1991 18% 55.6% - -
1990 18.8% 56.2% - -
1989 15.7% 55.2% - -
1988 15.9% 69% - -
1987 15.7% 79.2% - -
1986 13.5% 77.7% - -
1985 11.3% 53.1% - -
1984 10.1% 45.8% - -
1983 12.2% 43.1% - -
1982 12.8% 32.9% - -
1981 13.7% 27.6% - -
1980 13.4% 24.8% - -
1979 11.9% 22.5% - -
1978 13.3% 23.1% - -
1977 13.3% 19.8% - -
1976 13.8% 16.8% - -
1975 15.1% 13% - -
1974 10.7% 13.4% - -
1973 14% 11.5% - -
1972 13.4% 14.2% - -
1971 11.2% 14.8% - -
1970 10.4% 16.8% - -
1969 11.5% 16.4% - -
1968 11.2% 15.7% - -
1967 10.2% 15.4% - -
1966 9.77% 14.4% - -
1965 9.48% 15% - -
1964 9.66% 14.2% - -
1963 10.4% 14.1% - -
1962 10.8% 15.9% - -
1961 9.6% 16.5% - -
1960 10.1% 16.6% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-07-08).

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

In 2025, the Philippines' government spending was $118B, accounting for 24.3% of its GDP, while South Sudan spent $4.04B, or 18.4% of GDP.

Debt-to-GDP ratio is 59.4% in the Philippines and 62.1% in South Sudan, ranking 79/185 and 71/185, respectively.

Government deficit by year

Deficit/surplus
Philippines

South Sudan
1x
Year Deficit/surplus, % of GDP
Philippines South Sudan
2025 -3.97% 3.45%
2024 -4.44% 11.5%
2023 -4.38% 9.12%
2022 -5.48% 4.43%
2021 -6.23% -9.3%
2020 -5.55% -5.5%
2019 -1.5% 0.04%
2018 -1.48% -1.15%
2017 -0.75% 4.16%
2016 -0.74% -15.5%
2015 0.14% -16.3%
2014 1.32% -9.53%
2013 0.37% -3.45%
2012 -0.22% -14.8%
2011 -0.38% 4.57%
2010 -2.25% -
2009 -2.57% -
2008 0.02% -
2007 -0.28% -
2006 -0.05% -
2005 -1.62% -
2004 -2.81% -
2003 -3.49% -
2002 -3.71% -
2001 -3.49% -
2000 -3.27% -
1999 -2.29% -
1998 -1.31% -
1997 0.37% -
1996 0.54% -
1995 -0.02% -
1994 -0.44% -
1993 0.63% -
1992 -0.43% -
1991 -0.26% -
1990 -1.52% -
1989 -1.64% -
1988 -2.71% -
1987 -1.06% -
1986 -0.55% -
1985 0.71% -
1984 0.64% -
1983 0.1% -
1982 -0.88% -
1981 -1.09% -
1980 0.56% -
1979 1.54% -
1978 0.05% -
1977 -0.42% -
1976 -0.55% -
1975 0.13% -
1974 5.94% -
1973 2.49% -
1972 3.39% -
1971 -0.96% -
1970 -0.31% -
1969 -2.67% -
1968 -2.33% -
1967 -1.35% -
1966 -0.74% -
1965 -1.53% -
1964 -0.99% -
1963 -0.68% -
1962 -0.43% -
1961 -0.29% -
1960 -1.06% -
1959 -0.15% -
1958 -0.21% -
1957 -0.56% -
1956 -0.77% -
1955 -1.3% -
1954 -0.79% -
1953 -0.88% -
1952 0.49% -
1951 1.5% -
1950 -0.19% -
1949 -2.33% -
1948 -0.65% -
1947 0.05% -
1946 -2.54% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1946–1989, retrieved 2026-07-08).

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

In 2015, the Philippines' government surplus, the difference between spending and revenue, was $441M, equivalent to 0.14% of GDP. This compares to South Sudan's deficit of $1.95B, or 16.3% of GDP.

Over the past 5 years, the Philippines recorded a fiscal deficit in 2 of those years, while South Sudan ran a deficit in 4 years. On average, the Philippines posted an annual surplus equal to 0.25% of GDP, compared to deficit of 7.9% of GDP for South Sudan.

Inflation comparison by year

Inflation
Philippines

South Sudan
1x
Year Consumer prices inflation
Philippines South Sudan
2025 1.66% -
2024 3.21% 91.4%
2023 5.98% 2.38%
2022 5.82% -6.69%
2021 3.93% 10.5%
2020 2.39% 29.7%
2019 2.39% 87.2%
2018 5.31% 83.5%
2017 2.85% 187.9%
2016 1.25% 380%
2015 0.67% 52.8%
2014 3.6% 1.67%
2013 2.58% -0.06%
2012 3.03% 45.5%
2011 4.72% 46.9%
2010 3.79% 1.17%
2009 4.22% 5.01%
2008 8.26% -
2007 2.9% -
2006 5.49% -
2005 6.52% -
2004 4.83% -
2003 2.29% -
2002 2.72% -
2001 5.35% -
2000 3.98% -
1999 5.94% -
1998 9.23% -
1997 5.59% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 16 years, the Philippines has recorded an average annual inflation rate of 3.48%, compared with 63.7% in South Sudan. In 2024, inflation was 1.66% in the Philippines and 91.4% in South Sudan.

Balance of trade

Philippines South Sudan
Current account balance
-$16.3B
2025
$578M
2023
Current account balance ranking
181/190
2025
56/190
2023
Current account balance, % of GDP
-3.34%
2025
-4.17%
2015
Goods imports
$130B
2025
$2.25B
2023
Goods exports
$63.4B
2025
$4.01B
2023
Service imports
$38.2B
2025
$2.19B
2023
Service exports
$51.5B
2025
$484M
2023
Imports of goods and services, % of GDP
40.2%
2025
28.9%
2015
Exports of goods and services, % of GDP
26.6%
2025
36.7%
2015

Economic freedom indices

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

Philippines South Sudan
Economic freedom 62.9 41
Economic freedom ranking 85/197 186/197
Property rights 45.8 n/a
Government integrity 35.4 n/a
Judicial effectiveness 41.8 n/a
Tax burden 78.3 n/a
Government spending 81 n/a
Fiscal health 60.5 n/a
Business freedom 69.2 n/a
Labor freedom 57.8 n/a
Monetary freedom 72.1 n/a
Trade freedom 83 n/a
Investment freedom 70 n/a
Financial freedom 60 n/a

Other economic metrics

Philippines South Sudan
Services, % of GDP
64.4%
2025
56.6%
2015
Industry, % of GDP
27%
2025
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
8.59%
2025
10.4%
2015
GNI, Atlas method
$567B
2025
$11.7B
2015
GNI per capita, PPP
$14,460
2025
$1,010
2015
Total reserves including gold
$111B
2025
$16M
2024
Total reserves ranking
28/177
2025
177/177
2024
Net foreign direct investment
-$6.19B
2025
$2.21M
2019
Net inflows of foreign direct investment
$9.4B
2024
$83.4M
2024
Net outflows of foreign direct investment
$2.7B
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.45%
2024
n/a
Poverty at national poverty lines
15.5%
2023
66%
2020
Gross capital formation, % of GDP
22.1%
2025
5.75%
2015

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1946–1992, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.