Sudan: Economy
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Lower Middle Income |
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
Economic Trivia | Merowe Dam, the largest source of hydroelectricity in Africa, is located in Sudan. |
Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2018): China, United Arab Emirates, and Saudi Arabia |
Top Industries Source: CIA World Factbook | Oil; Cotton Ginning; Textiles; Cement |
Gross Domestic Product (GDP) [1]
GDP, PPP (current international) | $197,622,822,616 (2022) |
GDP Growth Rate (annual %) | -0.953% (2022) |
GDP Per Capita, PPP (current international) | $4,216 (2022) |
GDP Country Rank 74/197 (2022)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 138.808% (2022) |
External debt stocks, total (DOD, current US$) | $22,165,390,604 (2021) |
Total tax rate (% of commercial profits) | 45.4% (2019) |
Real Interest Rate (5 year average %) | Data unavailable |
Manufacturing, value added (% of GDP) | 7.795% (2015) |
Current Account Balance (BoP, current US$) | ($4,442,782,663) (2022) |
Labor and Employment [1]
Labor Force, Total | 13,501,917 (2022) |
Employment in Agriculture (% of total employment) | 40.605% (2021) |
Employment in Industry (% of total employment) | 14.641% (2021) |
Employment in Services (% of total employment) | 44.754% (2021) |
Unemployment Rate | 18.73% (2022) |
Trade [1]
Imports of goods and services (current US$) | $582,580,856 (2022) |
Exports of goods and services (current US$) | $811,697,318 (2022) |
Total Merchandise Trade (% of GDP) | 27.593% (2022) |
FDI, net inflows (BoP, current US$) | $573,504,495 (2022) |
Commercial Service Exports (current US$) | $1,521,600,983 (2022) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Sudan’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.