Economy of Sudan
Population: 41.80 M (2018)
GDP per Capita: 977 USD (2018)
40,850 M.

GDP USD

(2018)

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4,190 M.

EXPORTS USD

(2018)

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5,040 M.

IMPORTS USD

(2018)

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212.07 %

PUBLIC DEBT

(2018)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 4.28 % (2017)
GDP of 2010 USD USD 77.60 B. (2018)
GDP Current USD USD 40.85 B. (2018)
GDP per Capita Current USD USD 977 (2018)
GDP per capita, PPP USD 4,436 (2017)
GDP per Capita, 2010 USD USD 1,856 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 6.03 % (2018)
Government Spending USD 2.46 B. (2018)
Government Debt % GDP 212.07 % (2018)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 192.30 (2018)
Trade Openness 22.59 % (2018)
Exports of Goods and Services % GDP 10.25 % (2018)
Exports Goods & Services USD 4.19 B. (2018)
Exports Annual Growth 0.80 % (2018)
Imports as % GDP 12.35 % (2018)
Total Imports USD 5.04 B. (2018)
Foreign Direct Investment % GDP 2.78 % (2018)
Foreign Direct Investment USD 1.14 B. (2018)
Current Account Balance % GDP USD -11.45 % (2018)
Current Account Balance USD -4.68 B. (2018)
Trade Balance % GDP -2.10 % (2018)
Trade Balance USD -3.24 B. (2018)
Foreign Exchange Reserves incl Gold USD 0.18 B. (2017)
Remittances % GDP 1.04 % (2018)
Remittances USD 300 M. (2018)
Balance of Payments USD 1,540 M. (2018)

Labor Market

Indicator Value
Labor Force 12.06 M. (2019)
Unemployment Rate 13.00 % (2019)
Unemployment Rate Females 27.77 % (2019)
Unemployment Rate Males 11.64 % (2019)
Youth Unemployment (ages 15-24) 27.05 % (2019)
Labor Force Participation Rate 47.09 % (2019)
Labor Force (Percent Female) 30.37 % (2019)
Female Labor Force Participation Rate 24.46 % (2019)
Male Labor Force Participation Rate 70.22 % (2019)
Dependent People 78.86 % (2018)

Agriculture Sector

Indicator Value
Forest Area
Forest Area km² 190,355 km² (2016)
Agricultural Land 70.22 % (2019)
Agricultural Land km² 681,862 km² (2016)
Employment 43.01 % (2019)
Value added % GDP 31.47 % (2018)
Agriculture Value added USD 12.86 B. (2018)
Crop Production Index 108.30 (2011)
Precipitation 250 mm (2014)
Arable Land 108.30 (2011)
Cereal Yield 674 kg/hectare (2017)
Food production index 107 (2011)
Rural Population 65 % (2018)
Fertilizer use of Arable Land 7 kg/hectare (2016)
Livestock Production Index 104 (2011)
Economy of Sudan

According to the World Bank and its latest published data, the economy of the Sudan presents a growth rate of 4.28 % (2017) to the previous year.

With a population that reaches 41.80 M (2018) and a gross domestic product of USD 40.85 B. (2018), it translates a Gross Domestic Product per Capita of USD 977 placing its inhabitants on the threshold of an Low-income country (according to the World Bank's updated classification).

Sudan also has a workforce of 12.06 M. (2019) with an unemployment rate of 13.00 % (2019), where women represent 27.77 % (2019) and men 11.64 % (2019), the unemployment rate for young people between 15-24 years old stood at 27.05 % (2019). The total number of dependent people stands at 78.86 % (2018).

The central government spent 6.03 % (2018) of its gross domestic product that year, which in absolute terms is USD 2.46 B. (2018). Its consolidated public debt reached 212.07 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Sudan exported USD 4.19 B. (2018), which represents 10.25 % (2018) of its gross domestic product, in that same sense its imports reached USD 5.04 B. (2018) with a direct foreign investment of USD 1.14 B. (2018).

Sudan has a forest area of 190,355 km² (2016), which represents of its total area, an average rainfall of 250 mm (2014) per year and a population of 65 % (2018) living in rural areas. With a total area of 681,862 km² (2016) available for agriculture and 43.01 % (2019) of its employments, the agricultural sector contributes to the economy of the Sudan about USD 12.86 B. (2018) (31.47 % (2018) of its GDP).