"We have number of years where our GDP has been negative, but if there is improvement in the agriculture sector, there will be more investment coming and there will be income distribution, "Ngor said.South Sudan is the most oil-dependent nation in the world, with oil accounting for almost the totality of exports, and around 60 percent of its GDP, according to the World Bank.But after the young nation descended into civil war in late 2013, oil production declined from 350,000 barrels per day in 2011 to less than 130,000 barrels per day amid soaring inflation and economic crisis. GDP per capita (current US$) - South Sudan.
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The Gross Domestic Product (GDP) in Sudan was worth 18.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics.
The GDP value of South Sudan represents less than 0.01 percent of the world economy. Pending agreements on border lines, oil revenue share, ethnic rivalries and weak government influence may hamper South Sudan’s future. GDP Annual Growth Rate in South Sudan averaged -2.23 percent from 2009 until 2019, reaching an all time high of 15.90 percent in 2014 and a record low of -46.10 percent in 2012. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. South Sudan, officially recognised as a country in July 2011, is the youngest nation in the world.
South Sudan’s economy. Despite taking over about 75 percent of old Sudan’s oil reserves, it is one of the poorest regions in Africa and government revenues are still dependent on foreign aid.
The current account deficit improved to 7.8% of GDP in 2019 from 13.6% in 2018. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
The last Article IV Executive Board Consultation was on May 29, 2019. JUBA, July 19 (Xinhua) -- South Sudan's gross domestic product (GDP) is projected to grow by five percent in 2019 following years of contraction, the country's central bank said Friday.Dier Tong Ngor, governor of the Bank of South Sudan, said the growth is driven by relative stability brought about by the September 2018 peace deal and increase in global oil prices.Ngor also attributed the positive trend to strict monetary policies that helped reduce inflation and a staggering exchange rate. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Real GDP growth was an estimated 5.8% in 2019, a large increase from 0.5% in 2018. The Trading Economics Application Programming Interface (API) provides direct access to our data. Some of the states with the best known teaks and natural trees for timber are Western Equatoria and Central Equatoria., some teak plantations are at Kegulu; the other, oldest planted forest reserves are Kawale, Lijo, Loka West, and Nuni.
Gross domestic product (GDP) per capita in South Sudan 2024. The Republic of South Sudan became the world’s newest nation and Africa’s 55th country on July 9, 2011. Though South Sudan GDP fluctuated substantially in recent years, it tended to decrease through 2013 - 2019 period ending at 3.68 billion US …
Show all statistics (10) Economy Gross domestic product (GDP) in South Sudan 2021 . GDP per capita in South Sudan averaged 1137.47 USD from 2008 until 2015, reaching an all time high of 1535.71 USD in 2010 and a record low of 730.93 USD in 2015. As the world’s largest producer of gum arabic, Sudan will continue to depend on agriculture (32% of GDP in 2019) to boost its exports, generate foreign exchange, and reduce the current account deficit. Gross domestic product (GDP…
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