The economic architecture of South Sudan is substantial, anchored by a Gross Domestic Product (GDP) of approximately $12B
2015
. This places it as the 147th largest economy out of 192 countries measured, underscoring its significance on the world stage. On a per capita basis, GDP stands at $1.08K
2015
, while its GDP adjusted for Purchasing Power Parity (PPP) is estimated at $12.83B, offering a clearer picture of the population's domestic purchasing power. The economy is facing headwinds, marked by a contraction of -10.8%
2015
, a situation complicated by severe inflationary pressures (CPI at 91.4%), indicating potential stagflation.
2024
On the global stage, South Sudan's trade and financial dynamics reveal a complex interplay of international and domestic factors. The country maintains a strong export-oriented economy, reflected in a significant trade surplus, with exports representing 36.7% of GDP compared to imports at 28.9%
2015
. The investment climate attracts significant Foreign Direct Investment (FDI), with inflows constituting 0.00% of the economy
2015
. This performance positions the country 164th globally out of 187 nations, confirming its status as a competitive destination for foreign capital. Furthermore, personal remittances from its diaspora are a vital component of the economy, amounting to a substantial $1.18B annually
2023
.
The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $1,050
2015
, ranking the nation 168th out of 191. This figure provides a comprehensive measure of the average income per person, reflecting the nation's overall economic well-being. The country confronts significant labor market challenges, evidenced by a high unemployment rate of 12.5%.
2023
A key feature of the workforce is its concentration in the services sector, which accounts for 27.0% of total employment
2023
. Despite its economic standing, poverty remains a salient issue, with 82.3% of the population living below the national poverty line
2016
. The nation exhibits a moderate degree of income inequality, with a Gini index of 44.0.
2016
In the environmental and energy sectors, the nation's policies and outcomes reflect its developmental priorities. Energy consumption per capita stands at 69.043 kg of oil equivalent
2022
, a metric that often correlates with industrial activity and living standards. A significant commitment to sustainability is evident, with renewable energy accounting for 32.4% of consumption
2021
. This commitment places it 116th among 191 countries, highlighting its relative progress in decarbonization.

Key Economic Insights

Macroeconomic Health

The economy faces a severe stagflationary environment, where high unemployment and high inflation are coupled with economic stagnation.

Trade & Investment Profile

The orientation towards global trade and foreign investment is a defining feature of the economic landscape.

Social Equity & Distribution

Ensuring equitable distribution of economic gains is fundamental for long-term social and political stability.

Energy & Sustainability

The transition to a sustainable energy framework is paramount for mitigating climate risk and securing future energy needs.

More About This Country

Neighbors & Regional Peers

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.