The economic architecture of Sudan is substantial, anchored by a Gross Domestic Product (GDP) of approximately $109.27B
2023
. This places it as the 64th largest economy out of 192 countries measured, underscoring its significance on the world stage. On a per capita basis, GDP stands at $2.18K
2023
, while its GDP adjusted for Purchasing Power Parity (PPP) is estimated at $137.14B, offering a clearer picture of the population's domestic purchasing power. The economy is facing headwinds, marked by a contraction of -20.1%
2023
, a situation complicated by severe inflationary pressures (CPI at 138.8%), indicating potential stagflation.
2022
On the global stage, Sudan's trade and financial dynamics reveal a complex interplay of international and domestic factors. The country exhibits a balanced trade profile, with exports making up 1.1% of GDP and imports 1.4%
2023
. The investment climate attracts significant Foreign Direct Investment (FDI), with inflows constituting 1.11% of the economy
2022
. This performance positions the country 126th 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 $1B annually
2023
. The government operates under fiscal constraints, with a limited tax base that generates revenue equivalent to only 7.4% of GDP.
2016
The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $880
2023
, ranking the nation 173rd out of 191. This figure provides a comprehensive measure of the average income per person, reflecting the nation's overall economic well-being. The labor market remains stable, with an unemployment rate of 7.5%.
2022
A key feature of the workforce is its concentration in the services sector, which accounts for 46.2% of total employment
2022
. Despite its economic standing, poverty remains a salient issue, with 46.5% of the population living below the national poverty line
2009
. The country achieves a relatively equitable distribution of income, reflected in a low Gini index of 34.2.
2014
In the environmental and energy sectors, the nation's policies and outcomes reflect its developmental priorities. Energy consumption per capita stands at 411.781 kg of oil equivalent
2022
, a metric that often correlates with industrial activity and living standards. The country is at the forefront of the global green transition, with renewable sources constituting a remarkable 61.0% of total final energy consumption
2021
. This commitment places it 155th among 191 countries, highlighting its relative progress in decarbonization. Total greenhouse gas emissions were last recorded at 138.74K tonnes of CO2 equivalent
2023
, a key factor in its national climate strategy and international obligations.

Key Economic Insights

Macroeconomic Health

Rampant inflation is the most urgent economic threat, eroding purchasing power, destabilizing markets, and complicating policy choices.

Trade & Investment Profile

Primarily fueled by domestic demand, the economy has a degree of insulation from global trade volatility but may miss export-led growth opportunities.

Social Equity & Distribution

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

Energy & Sustainability

A global leader in the green transition, the country leverages its strong commitment to renewable energy as a key economic and diplomatic advantage.

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.