Sudan/Economy

Economy of Sudan

An overview of key economic indicators. Select a category for detailed trends, charts, and insights.

Explore Economic Domains

Growth & Output

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GDP (USD)
$109.3B(2023)
GDP PPP (USD)
$137.1B(2023)
GDP per Capita (USD)
$2,183(2023)
GDP Growth (inflation-adjusted)
-20.1%(2023)
Inflation (CPI Annual %)
138.8%(2022)

Trade & Finance

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Exports (as share of GDP)
1.1%(2023)
Imports (as share of GDP)
1.4%(2023)
FDI Inflows (as share of GDP)
1.1%(2022)
Remittance Inflow (USD)
$1.0B(2023)
Tax Revenue (as share of GDP)
7.4%(2016)

Labor & Income

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Unemployment Rate
7.5%(2022)
Employment in Services
46.2%(2022)
Poverty Rate
46.5%(2009)
GINI Index
34.2(2014)
GNI per Capita (USD)
$880(2023)

Energy & Environment

Coming Soon
Energy Use per Capita
412 kg oil eq.(2022)
Renewable Energy Consumption (%)
61%(2021)

Economic Snapshot Overview

A summary of key economic indicators for Sudan

  • The economic architecture of Sudan is substantial, anchored by a Gross Domestic Product (GDP) of approximately $109.27B
    2023
    . This places it as the 63rd largest economy out of 191 countries measured, underscoring its significance on the world stage. On a per capita basis, GDP stands at $2.18K
    2023
    , while its GDP in Purchasing Power Parity (PPP) terms is estimated at $137.14B, reflecting the population's domestic purchasing power. The economy is facing a contraction, with a negative growth rate of -20.1%
    2023
    , but this is challenged by high inflation, with the Consumer Price Index (CPI) at 138.8%
    2022
    .
  • On the global stage, the nation's trade and financial dynamics reveal a complex interplay of factors. The country has a relatively balanced trade profile, with exports making up 1.1% of GDP and imports 1.4%
    2023
    . Foreign Direct Investment (FDI) inflows are significant, constituting 1.11% of the economy
    2022
    . This performance positions the country 125th globally out of 186 nations, indicating its relative attractiveness to foreign capital. Additionally, personal remittances received amount to a substantial $1B annually
    2023
    , highlighting the economic importance of its diaspora. The government faces fiscal constraints, with tax revenue representing only 7.4% of GDP
    2016
    .
  • The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $880
    2023
    . Globally, this ranks the nation 172nd out of 190 in terms of GNI per capita, providing a clear measure of its national wealth relative to others. The labor market is stable, with unemployment at 7.5%
    2022
    . The services sector is a primary driver of the labor market, accounting for 46.2% of total employment
    2022
    . Poverty remains a key issue, with 46.5% of the population living below the national poverty line
    2009
    . The country has a relatively equitable distribution of income, with a Gini index of 34.2
    2014
    .
  • On the environment and energy front, energy consumption per capita is 411.781 kg of oil equivalent
    2022
    . The country is a leader in clean energy, with renewable sources making up 61.0% of total final energy consumption
    2021
    . Its commitment to clean energy places it 154th among 190 countries for its share of renewable energy consumption.

Key Economic Insights

Macroeconomic Health

Runaway inflation is the most pressing economic threat, eroding purchasing power and creating instability.

Trade & Investment Profile

The economy is primarily driven by domestic demand, with limited exposure to global trade fluctuations but also fewer opportunities for export-led growth.

Social Equity & Distribution

Distributing the benefits of economic growth equitably is crucial for social cohesion and long-term stability.

Energy & Sustainability

A strong commitment to renewable energy positions the country as a leader in the green transition, potentially creating new economic advantages.

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.