Economy - overview:
Sudan is an extremely poor country that has had to deal with social conflict, civil war, and the July 2011 secession of South Sudan - the region of the country that had been responsible for about three-fourths of the former Sudan's total oil production. The oil sector had driven much of Sudan's GDP growth since it began exporting oil in 1999. For nearly a decade, the economy boomed on the back of increases in oil production, high oil prices, and significant inflows of foreign direct investment. Following South Sudan's secession, Sudan has struggled to maintain economic stability, because oil earnings now provide a far lower share of the country's need for hard currency and for budget revenues. Sudan is attempting to generate new sources of revenues, such as from gold mining, while carrying out an austerity program to reduce expenditures. Services and utilities have played an increasingly important role in the economy. Agricultural production continues to employ 80% of the work force and contributes a third of GDP. Sudan introduced a new currency, still called the Sudanese pound, following South Sudan's secession, but the value of the currency has fallen since its introduction and shortages of foreign exchange continue. Sudan also faces rising inflation, which has led to a number of small scale protests in Khartoum in recent months. Ongoing conflicts in Southern Kordofan, Darfur, and the Blue Nile states, lack of basic infrastructure in large areas, and reliance by much of the population on subsistence agriculture ensure that much of the population will remain at or below the poverty line for years to come.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Exchange rates:
NOTE: 1) The information regarding Sudan on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Sudan Economy 2012 information contained here. All suggestions for corrections of any errors about Sudan Economy 2012 should be addressed to the CIA.
$97.21 billion (2011 est.)
country comparison to the world: 72
note: data are in 2011 US dollars
[see also: GDP country ranks ]
$63.3 billion (2011 est.)
[see also: GDP (official exchange rate) country ranks ]
-0.2% (2011 est.)
country comparison to the world: 199
[see also: GDP - real growth rate country ranks ]
$3,000 (2011 est.)
country comparison to the world: 170
note: data are in 2011 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 44.7%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 45%
[see also: GDP - composition by sector - industry country ranks ]
services: 10.3% (2011 est.)
[see also: GDP - composition by sector - services country ranks ]
11.92 million (2007 est.)
country comparison to the world: 43
[see also: Labor force country ranks ]
agriculture: 80%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 7%
[see also: Labor force - by occupation - industry country ranks ]
services: 13% (1998 est.)
[see also: Labor force - by occupation - services country ranks ]
18.7% (2002 est.)
country comparison to the world: 159
[see also: Unemployment rate country ranks ]
40% (2004 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
23.7% of GDP (2011 est.)
country comparison to the world: 74
[see also: Investment (gross fixed) country ranks ]
revenues: $9.263 billion
[see also: Budget revenues country ranks ]
expenditures: $11.52 billion (2011 est.)
[see also: Budget expenditures country ranks ]
14.6% of GDP (2011 est.)
country comparison to the world: 193
[see also: Taxes and other revenues country ranks ]
-3.6% of GDP (2011 est.)
country comparison to the world: 114
[see also: Budget surplus (+) or deficit (-) country ranks ]
100.8% of GDP (2011 est.)
country comparison to the world: 13
[see also: Public debt country ranks ]
15.8% (2011 est.)
country comparison to the world: 208
[see also: Inflation rate (consumer prices) country ranks ]
10.5% (31 December 2011 est.)
country comparison to the world: 105
[see also: Commercial bank prime lending rate country ranks ]
$6.694 billion (31 December 2011 est.)
country comparison to the world: 85
[see also: Stock of narrow money country ranks ]
$19.36 billion (31 December 2011 est.)
country comparison to the world: 85
[see also: Stock of broad money country ranks ]
$11 billion (31 December 2011 est.)
country comparison to the world: 93
[see also: Stock of domestic credit country ranks ]
$NA
[see also: Market value of publicly traded shares country ranks ]
cotton, groundnuts (peanuts), sorghum, millet, wheat, gum arabic, sugarcane, cassava (tapioca), mangos, papaya, bananas, sweet potatoes, sesame; sheep and other livestock
oil, cotton ginning, textiles, cement, edible oils, sugar, soap distilling, shoes, petroleum refining, pharmaceuticals, armaments, automobile/light truck assembly
3.5% (2010 est.)
country comparison to the world: 97
[see also: Industrial production growth rate country ranks ]
4.323 billion kWh (2008 est.)
country comparison to the world: 117
[see also: Electricity - production country ranks ]
3.787 billion kWh (2008 est.)
country comparison to the world: 121
[see also: Electricity - consumption country ranks ]
0 kWh (2009 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2009 est.)
[see also: Electricity - imports country ranks ]
514,300 bbl/day (2010 est.)
country comparison to the world: 31
[see also: Oil - production country ranks ]
98,000 bbl/day (2010 est.)
country comparison to the world: 75
[see also: Oil - consumption country ranks ]
383,900 bbl/day (2009 est.)
country comparison to the world: 35
[see also: Oil - exports country ranks ]
11,820 bbl/day (2009 est.)
country comparison to the world: 139
[see also: Oil - imports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 127
[see also: Natural gas - production country ranks ]
0 cu m (2009 est.)
country comparison to the world: 130
[see also: Natural gas - consumption country ranks ]
0 cu m (2009 est.)
country comparison to the world: 182
[see also: Natural gas - exports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 129
[see also: Natural gas - imports country ranks ]
84.95 billion cu m (1 January 2011 est.)
country comparison to the world: 57
[see also: Natural gas - proved reserves country ranks ]
-$5.003 billion (2011 est.)
country comparison to the world: 172
[see also: Current account balance country ranks ]
$7.705 billion (2011 est.)
country comparison to the world: 103
[see also: Exports country ranks ]
oil and petroleum products; cotton, sesame, livestock, groundnuts, gum arabic, sugar
China 68.3%, Japan 12.6%, India 5.8% (2010)
$8.427 billion (2011 est.)
country comparison to the world: 104
[see also: Imports country ranks ]
foodstuffs, manufactured goods, refinery and transport equipment, medicines and chemicals, textiles, wheat
China 21.7%, Egypt 8%, Saudi Arabia 7.7%, India 6.1%, UAE 5.7% (2010)
$1.651 billion (31 December 2011 est.)
country comparison to the world: 125
[see also: Reserves of foreign exchange and gold country ranks ]
$39.71 billion (31 December 2011 est.)
country comparison to the world: 62
[see also: Debt - external country ranks ]
Sudanese pounds (SDG) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 07-Mar-12