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Economy of Saudi Arabia vs Sudan compared: GDP & Debt

Updated on by Georank team

Saudi Arabia has a GDP of $1.24T compared to $49.9B for Sudan, ranking 18/197 and 93/197 by economy size, respectively.

Saudi Arabia has $370B in government debt (34.8% of GDP), compared to $136B (252% of GDP) in Sudan.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Saudi Arabia
GDP, current $

GDP, constant 2015 $
Sudan
GDP, current $

GDP, constant 2015 $
Year GDP
Saudi Arabia Sudan
Current $ Constant $ Current $ Constant $
1960 $1,748,124,064 $39,062,138,603 $1,126,364,162 $9,621,210,053
1961 $1,920,811,284 $43,701,490,633 $1,222,860,429 $9,623,364,370
1962 $2,130,606,532 $48,911,870,587 $1,328,259,625 $10,288,901,061
1963 $2,207,393,172 $53,165,300,282 $1,351,234,926 $9,995,978,960
1964 $2,371,808,713 $57,831,504,044 $1,388,282,600 $9,883,979,102
1965 $2,647,955,558 $64,850,377,194 $1,446,869,619 $10,553,823,688
1966 $2,920,555,557 $70,155,880,866 $1,484,491,676 $10,176,508,924
1967 $3,257,022,223 $76,406,337,222 $1,607,409,539 $10,321,430,685
1968 $4,187,777,711 $82,259,159,326 $1,677,771,401 $10,524,063,161
1969 $4,485,777,644 $87,225,874,037 $1,847,501,441 $10,670,279,284
1970 $5,377,333,333 $133,099,787,877 $2,100,229,759 $11,302,501,304
1971 $7,184,806,909 $153,369,697,078 $2,288,340,041 $11,556,504,009
1972 $9,664,267,087 $182,180,374,833 $2,483,055,722 $10,970,475,252
1973 $14,947,435,499 $223,162,035,358 $3,077,254,460 $11,039,830,076
1974 $45,412,957,746 $259,090,398,370 $3,958,931,660 $12,303,370,550
1975 $46,773,208,643 $244,871,098,281 $4,823,090,192 $14,236,656,554
1976 $64,005,665,722 $282,149,187,832 $6,013,210,816 $16,609,226,651
1977 $74,188,986,586 $298,771,678,010 $7,499,005,639 $17,642,960,632
1978 $80,266,516,687 $299,286,687,828 $8,128,719,315 $16,596,558,979
1979 $111,858,444,786 $332,100,224,569 $8,418,407,787 $15,763,644,181
1980 $164,539,660,725 $351,354,104,855 $8,951,800,000 $16,003,931,009
1981 $184,291,360,139 $361,834,100,908 $10,753,888,154 $17,194,233,567
1982 $153,240,313,858 $303,545,917,341 $8,732,542,274 $18,218,780,591
1983 $129,171,635,311 $270,175,776,743 $8,230,153,846 $18,594,543,248
1984 $119,624,858,116 $259,348,470,470 $10,447,615,385 $17,663,159,912
1985 $103,897,846,494 $240,644,765,872 $8,075,259,600 $16,553,729,141
1986 $86,961,922,765 $243,070,832,682 $10,092,200,000 $17,449,916,752
1987 $85,695,861,148 $235,455,342,414 $12,093,333,333 $19,931,449,275
1988 $88,256,074,766 $250,996,198,535 $14,372,555,556 $19,865,457,877
1989 $95,344,459,279 $252,038,318,255 $21,408,111,111 $21,639,720,128
1990 $117,630,173,565 $275,795,698,496 $33,641,222,222 $20,456,015,801
1991 $132,223,230,975 $298,468,230,595 $44,171,194,366 $21,992,448,810
1992 $137,087,850,467 $312,139,812,825 $7,031,933,492 $23,439,081,608
1993 $132,967,957,276 $313,325,431,978 $8,881,005,436 $24,509,954,459
1994 $135,174,899,866 $316,311,316,730 $12,793,794,737 $24,756,580,789
1995 $143,343,124,166 $317,297,284,499 $13,830,363,900 $26,241,255,779
1996 $158,662,483,311 $327,782,952,467 $9,018,300,725 $27,794,508,186
1997 $165,963,684,913 $336,460,414,156 $11,681,175,864 $32,884,421,186
1998 $146,775,466,667 $345,894,131,085 $11,250,221,537 $34,301,247,873
1999 $161,717,066,667 $343,703,259,654 $10,682,028,340 $35,365,991,404
2000 $189,514,933,333 $359,919,640,768 $12,257,299,147 $37,610,270,337
2001 $184,137,600,000 $361,159,899,362 $15,716,361,792 $40,055,073,507
2002 $189,605,866,667 $358,673,710,260 $18,137,128,388 $42,460,970,096
2003 $215,807,733,333 $390,124,853,186 $21,355,298,460 $45,131,259,049
2004 $258,742,133,333 $423,796,550,560 $26,646,007,251 $47,451,406,763
2005 $328,459,608,764 $448,990,815,757 $35,182,711,988 $50,129,334,265
2006 $376,900,133,511 $463,868,057,905 $45,263,831,634 $53,403,487,492
2007 $415,964,509,673 $474,136,491,555 $59,440,139,775 $56,466,323,951
2008 $519,796,800,000 $503,713,066,804 $64,833,083,257 $58,638,439,293
2009 $429,097,866,667 $498,339,873,323 $51,621,044,077 $57,015,500,648
2010 $528,207,466,667 $523,453,786,401 $58,962,978,034 $59,215,296,614
2011 $680,660,800,000 $585,005,967,585 $55,018,567,211 $57,312,394,053
2012 $751,921,333,333 $618,711,129,254 $37,632,919,967 $47,566,600,027
2013 $769,755,733,333 $636,936,502,413 $43,024,018,082 $48,496,595,855
2014 $787,153,066,667 $662,570,908,160 $49,516,748,618 $50,757,206,253
2015 $693,414,400,000 $693,414,400,000 $51,726,758,677 $51,726,758,677
2016 $689,279,466,667 $705,230,699,063 $42,630,376,000 $53,520,457,581
2017 $741,266,133,333 $713,567,089,639 $41,283,617,976 $53,900,054,790
2018 $886,564,800,000 $736,593,549,190 $32,333,780,383 $52,455,031,755
2019 $888,890,133,333 $748,758,860,046 $32,338,079,165 $51,312,429,477
2020 $767,951,200,000 $720,270,347,023 $27,034,593,750 $49,449,890,489
2021 $982,661,066,667 $767,229,070,839 $34,229,513,775 $48,525,909,157
2022 $1,239,075,200,000 $859,301,066,621 $51,666,875,363 $48,061,119,948
2023 $1,218,584,533,333 $863,963,569,240 $39,898,289,821 $33,915,159,868
2024 $1,237,529,866,667 $879,583,643,097 $49,909,807,030 $29,338,888,295

Economic indicators

Saudi Arabia Sudan
Gross domestic product
$1.24T
2024
$49.9B
2024
GDP rank
18/197
2024
93/197
2024
GDP growth
1.55%
2023-2024
25.1%
2023-2024
GDP per capita
$35,057
2024
$989
2024
GDP per capita rank
32/197
2024
178/197
2024
GDP per capita, PPP
$71,243
2024
$2,127
2024
Government debt
$370B
2024
$136B
2024
Debt-to-GDP ratio
34.8%
2025
252%
2025
Government debt per person
$10,473
2024
$2,691
2024
Government debt per person rank
58/185
2024
107/185
2024
Average annual personal income after taxes
$25,072
2025
$1,875
2025
Market capitalization of domestic companies
$2.73T
2024
n/a
Number of millionaires
351,855
2024
n/a
Number of billionaires
15
2025
n/a
Income share by richest 10% n/a
27.8%
2014
Income share by poorest 10% n/a
3.2%
2014
Government expenditure, % of GDP
32.5%
2025
6.17%
2025
Consumer prices inflation
1.69%
2023-2024
138.8%
2021-2022
Central bank interest rate
4.75%
2025
n/a
Unemployment rate
3.52%
2024
7.53%
2022
Population
36428123
52963918

GDP per capita in Saudi Arabia vs Sudan

Saudi Arabia's GDP per capita is $35,057, ranking 32/197, compared to $989 in Sudan, ranking 178/197. Adjusted for purchasing power (GDP per capita PPP), Saudi Arabia ranks 22nd at $71,243, while Sudan ranks 185th at $2,127.

Saudi Arabia
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
Year Current $
Saudi Arabia Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $718 - $134.7 -
1961 $760 - $141.6 -
1962 $813 - $148.9 -
1963 $812 - $146.6 -
1964 $840 - $145.7 -
1965 $904 - $146.8 -
1966 $961 - $145.6 -
1967 $1,032 - $152.4 -
1968 $1,276 - $153.7 -
1969 $1,313 - $163.5 -
1970 $1,509 - $179.6 -
1971 $1,929 - $189 -
1972 $2,474 - $198.2 -
1973 $3,640 - $235.8 -
1974 $10,503 - $291.5 -
1975 $10,266 - $343 -
1976 $13,313 - $413 -
1977 $14,595 - $497 -
1978 $14,914 - $518 -
1979 $19,612 - $515 -
1980 $27,206 - $525 -
1981 $28,703 - $605 -
1982 $22,454 - $472 -
1983 $17,810 - $431 -
1984 $15,541 - $534 -
1985 $12,745 - $406 -
1986 $10,078 - $497 -
1987 $9,386 - $584 -
1988 $9,165 - $680 -
1989 $9,414 - $992 -
1990 $11,055 $46,214 $1,528 $1,468
1991 $11,847 $49,295 $1,966 $1,599
1992 $11,730 $50,355 $307 $1,710
1993 $10,885 $49,503 $379 $1,794
1994 $10,602 $48,904 $532 $1,805
1995 $10,786 $48,052 $561 $1,902
1996 $11,472 $48,569 $357 $2,006
1997 $11,545 $48,796 $453 $2,358
1998 $9,836 $48,867 $425 $2,428
1999 $10,452 $47,495 $394 $2,475
2000 $11,715 $48,644 $441 $2,616
2001 $10,805 $47,381 $551 $2,769
2002 $10,586 $45,466 $621 $2,898
2003 $11,487 $48,078 $714 $3,058
2004 $13,154 $51,225 $872 $3,215
2005 $15,976 $53,548 $1,125 $3,407
2006 $17,564 $54,639 $1,415 $3,637
2007 $18,596 $55,030 $1,814 $3,836
2008 $22,320 $57,236 $1,928 $3,938
2009 $17,718 $54,787 $1,493 $3,732
2010 $22,028 $58,829 $1,665 $3,806
2011 $27,127 $64,125 $1,522 $4,112
2012 $28,733 $65,034 $1,019 $3,710
2013 $27,865 $62,203 $1,139 $3,725
2014 $27,805 $62,578 $1,275 $4,261
2015 $23,256 $53,931 $1,292 $4,217
2016 $22,268 $49,937 $1,033 $4,470
2017 $23,929 $53,120 $967 $4,252
2018 $29,360 $59,378 $731 $4,199
2019 $29,567 $59,560 $710 $3,914
2020 $24,339 $47,518 $578 $3,349
2021 $31,921 $62,690 $712 $3,249
2022 $38,510 $71,968 $1,046 $3,355
2023 $36,157 $71,565 $797 $2,421
2024 $35,057 $71,243 $989 $2,127

Spending and national debt comparison

In 2024, Saudi Arabia's government spending was $418B, accounting for 32.5% of its GDP, while Sudan's spent $3.27B, or 6.17% of GDP.

Debt-to-GDP ratio is 34.8% in Saudi Arabia and 252% in Sudan, ranking 149/185 and 2/185, respectively.

Saudi Arabia
Government spending

Government debt
Sudan
Government spending

Government debt
Year % of GDP
Saudi Arabia Sudan
Government spending Government debt Government spending Government debt
1990 39.3% - 31% -
1991 34.9% 39.4% 45.7% -
1992 41.2% 47.8% 50.4% 495%
1993 37.7% 58.6% 23.7% 285.9%
1994 33.8% 67.9% 19.6% 386%
1995 32.4% 74.2% 12.9% 239%
1996 33.3% 75.2% 9.31% 220.9%
1997 35.6% 76.7% 7.38% 167.7%
1998 34.5% 101.5% 7.79% 179.7%
1999 30.3% 103% 8.4% 160.5%
2000 33.1% 86.7% 10.4% 143.2%
2001 36.9% 93.1% 9.87% 125.6%
2002 35.9% 96.4% 10.5% 121.7%
2003 33.1% 81.6% 12.5% 117.4%
2004 31.1% 62.9% 16.5% 97.8%
2005 28.2% 37.3% 19.7% 75.5%
2006 27.3% 25.8% 18.8% 63.7%
2007 29.5% 17.1% 19.6% 53.7%
2008 26.7% 12.1% 19.7% 55.8%
2009 37.1% 14% 18.8% 71%
2010 33% 8.43% 17.4% 74.6%
2011 32.6% 5.34% 18.2% 78.1%
2012 33% 3.01% 16.5% 117.7%
2013 35.2% 2.13% 15.3% 105.8%
2014 39.7% 1.54% 13.5% 84.4%
2015 39.9% 5.67% 12.4% 93.2%
2016 34.5% 12.7% 9.98% 109.9%
2017 32.1% 16.5% 12.8% 149.5%
2018 34% 17.6% 16.8% 209.8%
2019 33.7% 21.6% 18.7% 216.5%
2020 39.1% 31% 10.9% 278.3%
2021 31.7% 28.6% 9.84% 189.6%
2022 28.2% 23.8% 17.9% 186.8%
2023 32.3% 26.2% 8.28% 259.6%
2024 33.8% 29.9% 6.55% 272%
2025 32.5% 34.8% 6.17% 252%

Government deficit by year

In 2024, Saudi Arabia's government deficit, the difference between spending and revenue, was -$35.2B, equivalent to -2.84% of GDP. This compares to Sudan's deficit of -$1.25B, or -2.5% of GDP.

Over the past 34 years, Saudi Arabia recorded a fiscal deficit in 22 of those years, while Sudan ran a deficit in 30 years. On average, Saudi Arabia posted an annual deficit equal to -0.25% of GDP, compared to deficit of -4.35% of GDP for Sudan.

Deficit/surplus
Saudi Arabia

Sudan
Year Deficit/surplus, % of GDP
Saudi Arabia Sudan
1990 - -16.2%
1991 -3.28% -26.5%
1992 -8.12% -24.5%
1993 -9.33% -8.04%
1994 -8.31% -3.03%
1995 -5.12% -3.48%
1996 -3.25% -2.61%
1997 -2.51% -0.59%
1998 -8.88% -0.56%
1999 -5.99% -0.8%
2000 3.18% -0.7%
2001 -3.91% -0.77%
2002 -5.91% -0.69%
2003 1.2% 0.77%
2004 9.72% 0.16%
2005 18% -1.88%
2006 20.8% -1.32%
2007 11.8% -2.84%
2008 29.8% 0.49%
2009 -5.38% -3.8%
2010 4.39% 0.11%
2011 11.5% -2.33%
2012 11.8% -7.37%
2013 5.58% -5.76%
2014 -3.49% -4.72%
2015 -15.5% -3.87%
2016 -13.7% -3.92%
2017 -8.89% -6.07%
2018 -5.45% -7.92%
2019 -4.2% -10.8%
2020 -10.7% -6.03%
2021 -2.24% -0.29%
2022 2.5% -2.15%
2023 -2.02% -3.56%
2024 -2.84% -2.5%
2025 -4.93% -2.68%

Inflation comparison by year

Over the past 27 years, Saudi Arabia has recorded an average annual inflation rate of 1.93%, compared with 48.4% in Sudan. In 2022, inflation was 1.69% in Saudi Arabia and 138.8% in Sudan.

Inflation
Saudi Arabia

Sudan
Year Inflation
Saudi Arabia Sudan Saudi Arabia Sudan
1996 1.22% 132.8%
1997 0.06% 47.2%
1998 -0.37% 24.6%
1999 -1.33% 17.2%
2000 -1.13% 7.12%
2001 -1.12% 1.94%
2002 0.25% 22.2%
2003 0.61% 6.49%
2004 0.52% 9.66%
2005 0.48% 8.51%
2006 2.21% 7.2%
2007 4.17% 14.8%
2008 9.87% 14.3%
2009 5.06% 11.3%
2010 5.34% 13%
2011 5.83% 18.1%
2012 2.87% 35.6%
2013 3.53% 36.5%
2014 2.24% 36.9%
2015 1.2% 16.9%
2016 2.07% 17.8%
2017 -0.84% 32.4%
2018 2.46% 63.3%
2019 -2.09% 51%
2020 3.45% 163.3%
2021 3.06% 359%
2022 2.47% 138.8%
2023 2.33% -
2024 1.69% -

Top exports between countries

Saudi Arabia
Export category Export value
Processed food, beverages & tobacco $286M
Raw materials & minerals $102M
Chemicals & pharma $73.8M
Machinery & equipment $70.5M
Metals $34.1M
Animal & marine products $23.9M
Textiles & consumer goods $15.7M
Miscellaneous $13.5M
Raw agricultural goods $11.5M
Wood & paper products $3.54M
Sudan
Export category Export value
Animal & marine products $490M
Raw agricultural goods $51.3M
Machinery & equipment $34.5M
Raw materials & minerals $8.81M
Wood & paper products $2.1M
Processed food, beverages & tobacco $1.22M
Chemicals & pharma $273K

Balance of trade

Saudi Arabia Sudan
Current account balance
-$5.75B
2024
-$4.44B
2022
Current account balance ranking
171/189
2024
163/189
2022
Current account balance, % of GDP
-0.46%
2024
-8.6%
2022
Goods imports
$215B
2024
$9.99B
2022
Goods exports
$306B
2024
$4.36B
2022
Service imports
$102B
2024
$1.59B
2022
Service exports
$55.3B
2024
$1.55B
2022
Imports of goods and services, % of GDP
25.6%
2024
1.27%
2024
Exports of goods and services, % of GDP
29.2%
2024
1.19%
2024

Economic freedom indices

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

Saudi Arabia Sudan
Economic freedom 64.4 35.3
Economic freedom ranking 70/197 190/197
Property rights 51 12
Government integrity 48.1 15.6
Judicial effectiveness 38.1 4
Tax burden 99.3 84.7
Government spending 71.6 95.7
Fiscal health 98.1 73.5
Business freedom 70.6 28.5
Labor freedom 43.1 39.2
Monetary freedom 80.1 16.3
Trade freedom 72.8 29.6
Investment freedom 50 5
Financial freedom 50 20

Economic freedom by year comparison

The Economic Freedom Index for Saudi Arabia is 64.4, ranking 70/197, compared to 35.3 for Sudan, ranking 190/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Saudi Arabia
Sudan
Year Economic freedom index
Saudi Arabia Sudan
1995 - 39.4
1996 68.3 39.2
1997 68.7 39.9
1998 69.3 38.3
1999 65.5 39.6
2000 66.5 47.2
2001 62.2 -
2002 65.3 -
2003 63.2 -
2004 60.4 -
2005 63 -
2006 63 -
2007 60.9 -
2008 62.5 -
2009 64.3 -
2010 64.1 -
2011 66.2 -
2012 62.5 -
2013 60.6 -
2014 62.2 -
2015 62.1 -
2016 62.1 -
2017 64.4 48.8
2018 59.6 49.4
2019 60.7 47.7
2020 62.4 45
2021 66 39.1
2022 55.5 32
2023 58.3 32.8
2024 61.9 33.9
2025 64.4 35.3

More economic indicators

Saudi Arabia Sudan
Services, % of GDP
47.2%
2024
54.9%
2024
Industry, % of GDP
44.8%
2024
23%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
22.1%
2024
GNI, Atlas method
$1.26T
2024
$36.2B
2024
GNI per capita, PPP
$71,600
2024
$2,070
2024
Total reserves including gold
$464B
2024
$178M
2017
Total reserves ranking
7/177
2024
171/177
2017
Net foreign direct investment
$1.8B
2024
-$574M
2022
Net inflows of foreign direct investment
$20.3B
2024
$548M
2023
Net outflows of foreign direct investment
$22B
2024
$54.2M
2021
Servicing debt to the IMF, % of GNI
n/a
0.53%
2023
Poverty at national poverty lines n/a
46.5%
2020
Gross capital formation, % of GDP
30.1%
2024
2.87%
2024

GDP per capita map

GDP per capita

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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.