Countries Sudan
Sudan

Sudan

Africa GEC: SU ISO: SD

Key Economic Indicators

GDP (PPP)
$106.74 billion
GDP Per Capita
$2,116
GDP Growth Rate
-13.96%
Inflation Rate
138.81%
Unemployment
7.53%
GDP (Nominal)
$49.91 billion (2024 est.)
Public Debt
99.5% of GDP (2016 est.)
Current Account
$-4,442,782,663

Economic Overview

<p>low-income Sahel economy devastated by ongoing civil war; major impacts on rural income, basic commodity prices, industrial production, agricultural supply chain, communications and commerce; hyperinflation and currency depreciation worsening food access and humanitarian conditions</p>

All Economic Data

Agricultural products
sugarcane, sorghum, milk, onions, groundnuts, sesame seeds, goat milk, bananas, mangoes/guavas, millet (2023)
note: <b>note:</b> top ten agricultural products based on tonnage
Budget
Expenditures: $9.103 billion (2015 est.)
Note: <b>note:</b> central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Revenues: $9.045 billion (2015 est.)
Currency
code: SDG
name: Sudanese pound (SDG) [ج.س]
Current account balance
$-4,442,782,663
Current account balance 2020: -$5.841 billion (2020 est.)
Current account balance 2021: -$2.62 billion (2021 est.)
Current account balance 2022: -$4.443 billion (2022 est.)
Note: <b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$22.02 billion
Debt - external 2023: $21.65 billion (2023 est.)
Note: <b>note:</b> present value of external debt in current US dollars
Exchange rates
Currency: Sudanese pounds (SDG) per US dollar -
Exchange rates 2018: 24.329 (2018 est.)
Exchange rates 2019: 45.767 (2019 est.)
Exchange rates 2020: 53.996 (2020 est.)
Exchange rates 2021: 370.791 (2021 est.)
Exchange rates 2022: 546.759 (2022 est.)
Exports
$358.1 million
Exports 2020: $5.065 billion (2020 est.)
Exports 2021: $6.664 billion (2021 est.)
Exports 2022: $5.908 billion (2022 est.)
Note: <b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
crude petroleum, gold, oil seeds, sheep and goats, ground nuts (2023)
note: <b>note:</b> top five export commodities based on value in dollars
Exports - partners
UAE 21%, China 17%, Saudi Arabia 16%, Malaysia 9%, Egypt 8% (2023)
note: <b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows: $548.2 million
GDP - composition, by end use
Exports of goods and services: 1.2% (2024 est.)
Government consumption: 16.5% (2024 est.)
Household consumption: 80.7% (2024 est.)
Imports of goods and services: -1.3% (2024 est.)
Investment in fixed capital: 2.9% (2024 est.)
Investment in inventories: 0% (2024 est.)
Note: <strong>note:</strong> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture: 22.1% (2024 est.)
Industry: 23% (2024 est.)
Note: <b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services: 54.9% (2024 est.)
GDP (official exchange rate)
$49.91 billion (2024 est.)
note: <b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$985
Gini Index coefficient - distribution of family income
34.2 (2014)
GNI (gross national income)
$48.09 billion
GNI per capita
$710
Gross domestic investment
3 % of GDP
Imports
$633.07 million
Imports 2020: $10.52 billion (2020 est.)
Imports 2021: $10.271 billion (2021 est.)
Imports 2022: $11.575 billion (2022 est.)
Note: <b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
raw sugar, wheat flours, refined petroleum, garments, packaged medicine (2023)
note: <b>note:</b> top five import commodities based on value in dollars
Imports - partners
China 21%, India 19%, Egypt 16%, UAE 14%, Saudi Arabia 7% (2023)
note: <b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
-13.1% (2024 est.)
note: <b>note:</b> annual % change in industrial value added based on constant local currency
Industries
oil, cotton ginning, textiles, cement, edible oils, sugar, soap distilling, shoes, petroleum refining, pharmaceuticals, armaments, automobile/light truck assembly, milling
Inflation rate (consumer prices)
138.81%
Inflation rate (consumer prices) 2020: 163.3% (2020 est.)
Inflation rate (consumer prices) 2021: 359.1% (2021 est.)
Inflation rate (consumer prices) 2022: 138.8% (2022 est.)
Note: <b>note:</b> annual % change based on consumer prices
Labor force
10.949 million (2022 est.)
note: <b>note:</b> number of people ages 15 or older who are employed or seeking work
total: 10.95 million persons
Labor force - by occupation
agriculture: 39.77%
industry: 13.98%
services: 46.24%
Public debt
Public debt 2016: 99.5% of GDP (2016 est.)
Real GDP (purchasing power parity)
$106.74 billion
Note: <b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022: $154.672 billion (2022 est.)
Real GDP (purchasing power parity) 2023: $109.147 billion (2023 est.)
Real GDP (purchasing power parity) 2024: $94.42 billion (2024 est.)
Real GDP growth rate
-13.96%
Note: <b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022: -1% (2022 est.)
Real GDP growth rate 2023: -29.4% (2023 est.)
Real GDP growth rate 2024: -13.5% (2024 est.)
Real GDP per capita
$2,116
Note: <b>note:</b> data in 2021 dollars
Real GDP per capita 2022: $3,100 (2022 est.)
Real GDP per capita 2023: $2,200 (2023 est.)
Real GDP per capita 2024: $1,900 (2024 est.)
Remittances
$900 million
Note: <b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2021: 3.3% of GDP (2021 est.)
Remittances 2022: 2.9% of GDP (2022 est.)
Remittances 2023: 2.5% of GDP (2023 est.)
Reserves of foreign exchange and gold
Note: <b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2015: $173.516 million (2015 est.)
Reserves of foreign exchange and gold 2016: $168.284 million (2016 est.)
Reserves of foreign exchange and gold 2017: $177.934 million (2017 est.)
Taxes and other revenues
7.4% (of GDP) (2016 est.)
note: <b>note:</b> central government tax revenue as a % of GDP
Unemployment rate
7.53%
Note: <b>note:</b> % of labor force seeking employment
Unemployment rate 2021: 11.1% (2021 est.)
Unemployment rate 2022: 7.6% (2022 est.)
Unemployment rate 2023: 11.45% (2023 est.)
Youth unemployment rate (ages 15-24)
Female: 13.1% (2022 est.)
Male: 11.8% (2022 est.)
Note: <b>note:</b> % of labor force ages 15-24 seeking employment
Total: 12% (2022 est.)
Map of Sudan

Economic Rankings

Inflation Rate #3
Unemployment Rate #36
External Debt #46
GDP (PPP) #89
GDP (Nominal) #92
Imports #116
Gini Index #119
Exports #130
Reserves #172
GDP per Capita #176
GDP Growth Rate #190

Quick Facts

Industries
oil, cotton ginning, textiles, cement, edible oils, sugar, soap distilling, shoes, petroleum refining, pharmaceuticals, armaments, automobile/light truck assembly, milling
Agricultural products
sugarcane, sorghum, milk, onions, groundnuts, sesame seeds, goat milk, bananas, mangoes/guavas, millet (2023)
Labor force
10.949 million (2022 est.)
Exports - partners
UAE 21%, China 17%, Saudi Arabia 16%, Malaysia 9%, Egypt 8% (2023)
Imports - partners
China 21%, India 19%, Egypt 16%, UAE 14%, Saudi Arabia 7% (2023)
Exchange rates
Sudanese pounds (SDG) per US dollar -

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