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Economy of Rwanda vs South Sudan compared: GDP & Debt

Updated on by Georank

Rwanda has a GDP of $16.4B compared to $12B for South Sudan, ranking 142/197 and 151/197 by economy size, respectively.

Rwanda has $10.6B in government debt (64.6% of GDP), compared to $6.98B (62.1% of GDP) in South Sudan.

Rwanda vs South Sudan GDP by year

Rwanda
South Sudan
1x
Year GDP, current $
Rwanda South Sudan
2025 $16,372,132,990 -
2024 $15,111,064,182 -
2023 $14,806,501,437 -
2022 $13,747,404,814 -
2021 $11,252,894,910 -
2020 $10,487,146,253 -
2019 $10,519,272,170 -
2018 $9,650,161,136 -
2017 $9,164,345,443 -
2016 $8,596,812,241 -
2015 $8,447,064,079 $11,997,800,760
2014 $8,129,984,484 $13,962,212,847
2013 $7,714,276,920 $18,426,469,017
2012 $7,556,673,276 $11,931,472,169
2011 $6,802,676,034 $14,907,308,933
2010 $6,052,276,078 $14,602,072,411
2009 $5,603,399,015 $12,231,264,525
2008 $5,120,655,375 $14,586,253,383
2007 $4,017,977,507 -
2006 $3,274,207,945 -
2005 $2,933,819,766 -
2004 $2,376,496,067 -
2003 $2,138,237,279 -
2002 $1,966,003,468 -
2001 $1,966,600,715 -
2000 $2,068,836,754 -
1999 $2,157,108,263 -
1998 $1,989,343,546 -
1997 $1,851,558,197 -
1996 $1,382,334,879 -
1995 $1,293,535,193 -
1994 $753,636,370 -
1993 $1,971,525,712 -
1992 $2,029,026,962 -
1991 $1,911,600,237 -
1990 $2,550,185,679 -
1989 $2,405,022,593 -
1988 $2,395,492,687 -
1987 $2,157,432,668 -
1986 $1,944,710,684 -
1985 $1,715,626,331 -
1984 $1,587,413,084 -
1983 $1,479,687,587 -
1982 $1,407,243,139 -
1981 $1,407,062,527 -
1980 $1,254,765,642 -
1979 $1,109,346,131 -
1978 $905,709,076 -
1977 $746,650,613 -
1976 $637,753,853 -
1975 $571,863,500 -
1974 $308,458,423 -
1973 $290,746,157 -
1972 $246,457,838 -
1971 $222,952,504 -
1970 $219,900,006 -
1969 $188,700,037 -
1968 $172,200,018 -
1967 $159,560,018 -
1966 $124,525,703 -
1965 $148,799,980 -
1964 $129,999,994 -
1963 $128,000,000 -
1962 $125,000,008 -
1961 $122,000,016 -
1960 $119,000,024 -

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

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

GDP per capita in Rwanda vs South Sudan by year

Rwanda
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Rwanda South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,124 - - -
2024 $1,060 $3,711 - -
2023 $1,061 $3,399 - -
2022 $1,007 $3,099 - -
2021 $843 $2,733 - -
2020 $803 $2,285 - -
2019 $823 $2,336 - -
2018 $773 $2,125 - -
2017 $751 $1,968 - -
2016 $721 $1,866 - -
2015 $726 $1,781 $1,080 $1,155
2014 $715 $1,678 $1,243 $1,373
2013 $695 $1,512 $1,650 $1,917
2012 $698 $1,455 $1,109 $1,417
2011 $643 $1,413 $1,449 $2,718
2010 $587 $1,314 $1,498 $2,948
2009 $557 $1,241 $1,323 $2,911
2008 $522 $1,191 $1,654 $2,887
2007 $421 $1,079 - -
2006 $352 $1,002 - -
2005 $324 $914 - -
2004 $269.5 $832 - -
2003 $249 $775 - -
2002 $234 $760 - -
2001 $237.3 $670 - -
2000 $251.9 $609 - -
1999 $264.7 $554 - -
1998 $246.2 $528 - -
1997 $238.7 $500 - -
1996 $206 $499 - -
1995 $228 $514 - -
1994 $111 $311 - -
1993 $247 $521 - -
1992 $264.1 $575 - -
1991 $254 $542 - -
1990 $346 $549 - -
1989 $335 - - -
1988 $344 - - -
1987 $320 - - -
1986 $297.7 - - -
1985 $271.6 - - -
1984 $259.9 - - -
1983 $250.6 - - -
1982 $246.4 - - -
1981 $254.6 - - -
1980 $234.4 - - -
1979 $213.8 - - -
1978 $179.9 - - -
1977 $152.7 - - -
1976 $134.4 - - -
1975 $124.1 - - -
1974 $68.9 - - -
1973 $66.9 - - -
1972 $58.4 - - -
1971 $54.4 - - -
1970 $55.2 - - -
1969 $48.9 - - -
1968 $46 - - -
1967 $44 - - -
1966 $35.4 - - -
1965 $43.5 - - -
1964 $39 - - -
1963 $39.3 - - -
1962 $39.2 - - -
1961 $39.3 - - -
1960 $39.4 - - -

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

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

Rwanda's GDP per capita is $1,124, ranking 178/197, compared to $1,080 in South Sudan, ranking 180/197. Adjusted for purchasing power (GDP per capita PPP), Rwanda ranks 168th at $3,711, while South Sudan ranks 197th at $1,155.

Economic indicators

Rwanda South Sudan
Gross domestic product
$16.4B
2025
$12B
2015
GDP rank
142/197
2025
151/197
2015
GDP growth
9.38%
2024-2025
-10.8%
2014-2015
GDP per capita
$1,124
2025
$1,080
2015
GDP per capita rank
178/197
2025
180/197
2015
GDP per capita, PPP
$3,711
2024
$1,155
2015
GDP per capita PPP rank
168/197
2024
197/197
2015
Government debt
$10.6B
2025
$6.98B
2015
Debt-to-GDP ratio
64.6%
2025
62.1%
2025
Government debt per person
$726
2025
$628
2015
Government debt per person rank
155/185
2025
160/185
2015
Average annual personal income after taxes
$1,614
2026
$1,514
2026
Market capitalization of domestic companies
$3.2B
2025
n/a
Income share by richest 10%
33.4%
2023
33%
2016
Income share by poorest 10%
3.1%
2023
1.8%
2016
Government expenditure, % of GDP
24.1%
2025
18.4%
2025
Consumer prices inflation
5.91%
2024-2025
91.4%
2023-2024
Central bank interest rate
6.75%
2025
13%
2025
Unemployment rate
5.36%
2025
12.3%
2008
Population
15062056
12565048

Spending and national debt comparison by year

Rwanda
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Rwanda South Sudan
Government spending Government debt Government spending Government debt
2025 24.1% 64.6% 18.4% 62.1%
2024 27.1% 63.4% 18.9% 53.4%
2023 26.2% 61.4% 21.3% 62%
2022 28.7% 59% 29.5% 42.1%
2021 31% 66.2% 44.1% 56.4%
2020 32.5% 66.7% 34.1% 48.3%
2019 27.7% 52.8% 47.9% 43.4%
2018 26.3% 49.2% 59.2% 84.3%
2017 25.3% 46.1% 42.2% 77.5%
2016 25.4% 41.5% 52% 128.9%
2015 26.9% 33.5% 33.7% 58.2%
2014 27.8% 29.5% 37.6% 39.6%
2013 26.5% 27% 25.3% 17.6%
2012 24.9% 19.3% 31.6% 8.91%
2011 25% 18.9% 20.8% 0%
2010 24.1% 19% - -
2009 22.6% 18.7% - -
2008 22.7% 18.5% - -
2007 22.7% 22.4% - -
2006 20.9% 22.8% - -
2005 20.2% 59.8% - -
2004 18.1% 82.1% - -
2003 18.8% 80.7% - -
2002 20.7% 93.4% - -
2001 19.3% 85.2% - -
2000 18.5% 87.2% - -
1999 22.7% 79.5% - -
1998 16.6% 71.1% - -
1997 17.2% 73.3% - -
1996 19.8% 84.6% - -
1995 18.3% 102.2% - -
1994 13.5% - - -
1993 20.6% - - -
1992 21.8% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Rwanda's government spending was $3.95B, accounting for 24.1% of its GDP, while South Sudan spent $4.04B, or 18.4% of GDP.

Debt-to-GDP ratio is 64.6% in Rwanda and 62.1% in South Sudan, ranking 68/185 and 71/185, respectively.

Government deficit by year

Deficit/surplus
Rwanda

South Sudan
1x
Year Deficit/surplus, % of GDP
Rwanda South Sudan
2025 -4.49% 3.45%
2024 -6.19% 11.5%
2023 -4.88% 9.12%
2022 -5.56% 4.43%
2021 -6.89% -9.3%
2020 -9.26% -5.5%
2019 -5% 0.04%
2018 -2.57% -1.15%
2017 -2.54% 4.16%
2016 -2.3% -15.5%
2015 -2.71% -16.3%
2014 -3.97% -9.53%
2013 -1.29% -3.45%
2012 -2.41% -14.8%
2011 -0.87% 4.57%
2010 -0.65% -
2009 0.26% -
2008 0.84% -
2007 -1.58% -
2006 -0.03% -
2005 1.14% -
2004 2.31% -
2003 -1.25% -
2002 -2.06% -
2001 -1.83% -
2000 -0.22% -
1999 -4.48% -
1998 -2.63% -
1997 -2.25% -
1996 -5.08% -
1995 -2.07% -
1994 -9.68% -
1993 -6.7% -
1992 -7.31% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2015, Rwanda's government deficit, the difference between spending and revenue, was $229M, equivalent to 2.71% of GDP. This compares to South Sudan's deficit of $1.95B, or 16.3% of GDP.

Over the past 5 years, Rwanda recorded a fiscal deficit in 5 of those years, while South Sudan ran a deficit in 4 years. On average, Rwanda posted an annual deficit equal to 2.25% of GDP, compared to deficit of 7.9% of GDP for South Sudan.

Inflation comparison by year

Inflation
Rwanda

South Sudan
1x
Year Consumer prices inflation
Rwanda South Sudan
2025 5.91% -
2024 1.77% 91.4%
2023 19.8% 2.38%
2022 17.7% -6.69%
2021 -0.39% 10.5%
2020 9.85% 29.7%
2019 3.35% 87.2%
2018 -0.31% 83.5%
2017 8.28% 187.9%
2016 7.17% 380%
2015 2.53% 52.8%
2014 2.35% 1.67%
2013 5.92% -0.06%
2012 10.3% 45.5%
2011 3.08% 46.9%
2010 -0.25% 1.17%
2009 12.9% 5.01%
2008 15.4% -
2007 9.08% -
2006 8.88% -
2005 9.01% -
2004 12.3% -
2003 7.45% -
2002 1.99% -
2001 3.34% -
2000 3.9% -
1999 -2.41% -
1998 6.21% -
1997 12% -

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

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

Over the past 16 years, Rwanda has recorded an average annual inflation rate of 6.5%, compared with 63.7% in South Sudan. In 2024, inflation was 5.91% in Rwanda and 91.4% in South Sudan.

Top exports between countries

Rwanda
Export category Export value
Raw agricultural goods $4.78M
Processed food, beverages & tobacco $4.19M
Chemicals & pharma $1.08M
Machinery & equipment $793K
Textiles & consumer goods $572K
Wood & paper products $370K
Animal & marine products $264K
Metals $54K
Raw materials & minerals $36K
Miscellaneous $9K
South Sudan
Export category Export value
Machinery & equipment $9K

Balance of trade

Rwanda South Sudan
Current account balance
-$1.81B
2024
$578M
2023
Current account balance ranking
136/190
2024
56/190
2023
Current account balance, % of GDP
-12%
2024
-4.17%
2015
Goods imports
$5.55B
2024
$2.25B
2023
Goods exports
$3.2B
2024
$4.01B
2023
Service imports
$991M
2024
$2.19B
2023
Service exports
$1.08B
2024
$484M
2023
Imports of goods and services, % of GDP
35.1%
2025
28.9%
2015
Exports of goods and services, % of GDP
21.6%
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.

Rwanda South Sudan
Economic freedom 56.5 41
Economic freedom ranking 121/197 186/197
Property rights 60.3 n/a
Government integrity 53.9 n/a
Judicial effectiveness 27.5 n/a
Tax burden 80.6 n/a
Government spending 75.7 n/a
Fiscal health 37.5 n/a
Business freedom 60.1 n/a
Labor freedom 49.1 n/a
Monetary freedom 72.3 n/a
Trade freedom 61.8 n/a
Investment freedom 60 n/a
Financial freedom 40 n/a

Other economic metrics

Rwanda South Sudan
Services, % of GDP
52.3%
2025
56.6%
2015
Industry, % of GDP
22%
2025
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
20.3%
2025
10.4%
2015
GNI, Atlas method
$16.7B
2025
$11.7B
2015
GNI per capita, PPP
$4,070
2025
$1,010
2015
Total reserves including gold
$1.96B
2025
$16M
2024
Total reserves ranking
128/177
2025
177/177
2024
Net foreign direct investment
-$560M
2024
$2.21M
2019
Net inflows of foreign direct investment
$573M
2024
$83.4M
2024
Net outflows of foreign direct investment
$13.2M
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.91%
2024
n/a
Poverty at national poverty lines
27.4%
2023
66%
2020
Gross capital formation, % of GDP
34.1%
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/rwanda/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 (1992–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. TradeMap (2025, 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.