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Industry revenue of “small arms, ordnance, and ordnance accessories manufacturing“ in Penn... Sudan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025 (compared to the previous year), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. You only have access to basic statistics. The gradual increase in oil output by 2m b/d will be supported by Saudi Arabia's reversal of its 1m b/d unilateral cuts. Source: World Bank : Growth, Growth per capita: IMF World Economic Outlook (October-2020) Date: 01 Jan 2021: Top Statistics GDP ranking 2021. Please authenticate by going to "My account" → "Administration". South Sudan gdp for 2013 was $18.43B, a 54.44% increase from 2012. The World Bank expects Sudan’s gross domestic product (GDP) growth rate to rise19, consistent with its forecast for high economic growth across sub-Saharan Africa. Quick Analysis with our professional Research Service: Show sources information GDP Annual Growth Rate in South Sudan decreased to -3.60 percent in 2020 from 7.40 percent in 2019. The South Sudan pound depreciated by 10% in November 2020 relative to the same period in 2019, to SSP 176 per US dollar. "Sudan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025 (compared to the previous year)." Learn more about how Statista can support your business. Are you interested in testing our corporate solutions? The maximum growth was 7.7 % and minimum was -8.4 %; Data published Yearly by Central Bureau of Statistics. In 2020, GDP for South Sudan was 4.18 billion US dollars. GDP Annual Growth Rate in Sudan decreased to -8.40 percent in 2020 from -2.50 percent in 2019. GDP growth registered more than 10% per year in 2006 and 2007. Real GDP was estimated to have shrunk by 8.4% in 2020 after shrinking by 2.5% in 2019. World … October 12, 2020. WFP/EB.2/2018/8-A/10 4 Lower incomes and higher inflation as a result of the flooding will constrain household spending while exports of commercial crops will also be negatively affected. Sudan The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Profit from additional features by authenticating your Admin account. Countries with Highest GDP Growth 2020; Countries with Highest GDP Growth 2020. Show publisher information, COVID-19 deaths worldwide as of May 12, 2021, by country, COVID-19 cases worldwide as of May 12, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of May 12, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Mar. The UAE's soft power strategy seeks to reinforce stability and strengthen economic opportunities abroad. In, IMF. GDP - real growth rate:-5.2% (2017 est.) Please create an employee account to be able to mark statistics as favorites. GDP growth is expressed as a percent. Sudan GDP (Gross Domestic Product) was INT$155.27billion for 2020 in PPP terms. The coronavirus (Covid-19) pandemic has deepened economic woes, but prospects will improve in 2021 as US sanctions are removed. South Sudan Economic Update, February 2020 : Poverty and Vulnerability in a Fragile Environment. The country’s GDP will continue rising for the next two years, from 2.6 per cent in 2018 to 3.1 per cent in 2019 and 3.5 per cent in 2020, according to the bank’s. Military co-operation remains an important aspect of Rwanda's international relations with local conflict-ridden states. ", IMF, Sudan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025 (compared to the previous year) Statista, https://www.statista.com/statistics/727136/gross-domestic-product-gdp-growth-rate-in-sudan/ (last visited May 13, 2021), Sudan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025, Median age of the population in Sudan 2015, Gross domestic product (GDP) in Sudan 2025, Gross domestic product (GDP) per capita in Sudan 2025, Gross domestic product (GDP) growth rate in Sudan 2025, Sudan: Share in global GDP adjusted for PPP 2025, Share of economic sectors in the GDP in Sudan 2019, National debt of Sudan in relation to gross domestic product (GDP) 2025*, Ratio of government expenditure to gross domestic product (GDP) in Sudan 2025, Sudan's budget balance in relation to GDP 2025, New cases of COVID-19 worldwide from January 23, 2020 to May 11, 2021, by day, GDP growth rate South Asia 2015-2021, by country, Gross domestic product (GDP) growth rate in Liechtenstein 2009, Growth of real GDP from the utilities sector in Qatar 2011-2019, Growth on the manufacturing industry as a share of real GDP in Saudi Arabia 2017-2019, Growth of real GDP from the financial and insurance sector in Qatar 2015-2019, Growth of real GDP from the real estate sector in Qatar 2015-2019, Informational methods used by IT workers for professional development, EMEA 2016, Real education consumer spending forecast in Cameroon 2010-2025, Industry revenue of “audio and video equipment manufacturing“ in Florida 2012-2024, Industry revenue of “small arms, ordnance, and ordnance accessories manufacturing“ in Pennsylvania 2012-2024. Then you can access your favorite statistics via the star in the header. GDP Annual Growth Rate in Sudan averaged 2.63 percent from 2005 until 2020, reaching an all time high of 7.70 percent in 2006 and a record low of -8.40 percent in 2020. IMPACT OF COVID-19: As of December 1, 2020, 1,255 deaths had been attributed to the pandemic in Sudan, and the economy was forecast to contract by 8.4 percent for the year. However, according to the World Bank’s latest Economic Update for South Sudan, the economy is still affected by high inflation which stood at … On November 11, 2020, the IMF granted the Republic of South Sudan a $52 million emergency disbursement under the Rapid Credit Facility to help its economy weather the shock of COVID-19. The situ-SOUTH SUDAN FIGURE 1 South Sudan / Real GDP growth and sectoral contributions to real GDP growth FIGURE 2 South Sudan / Actual and projected poverty rates and real GDP per capita Source: World Bank. Reduced private consumption and investment as well as disruptions in value and supply chains also affected growth. New, Insights into the world’s most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. IMF. Public debt increased from 35.5% GDP in 2019 to 44.9% GDP in 2020, and is expected to increase to 47% GDP in 2021 before going down to 41.2% GDP in 2022 (IMF). GDP growth –1.2% (2018) 11.3% (2019e) 4.9% (2020e) 3.2% (2021e) GDP per capita. facts. The description is composed by our digital data assistant. The economy of Sudan has boomed on the back of increases in oil production, high oil prices, and large inflows of foreign direct investment until the second half of 2002. South Sudan gdp for 2015 was $12.00B, a 14.07% decline from 2014. Page last updated on January 27, 2020 Economy - overview: Sudan has experienced protracted social conflict and the loss of three quarters of its oil production due to the secession of South Sudan. Despite slight improvements in the oil sector, pressures over fuel supply and prices will continue in 2021. The oil sector had driven much of Sudan's GDP growth since 1999. The Gross Domestic Product of a country can be defined as the total monetary value of the goods and services produced within its borders in a year. The statistic shows the growth in real GDP in South Sudan from 2015 to 2018, with projections up until 2025. Political uncertainty in Chad after the death of the president will fuel regional security threats in the near term. 2020 showed that 51.2 percent of re-spondents reported reduced earnings from their main income source. Sudan gdp per capita for 2017 was $1,112, a 14.42% decline from 2016. Access the latest politics analysis and economic growth summary through 2011 for Sudan from The Economist Intelligence Unit ... Egypt and Sudan will seek to leverage mounting challenges faced by Ethiopia to negotiate a binding agreement. Economy | Forecast | Economic growth | November 23rd 2020 Sudan's new oilfield will not resolve fuel difficulties. In 2020, real GDP growth for Sudan was -8.4 %. GDP Growth of South Sudan. What is real GDP growth? Chadian crisis: domestic and regional security threats, Impasse over Ethiopian dam threatens regional stability, UAE turns its attention to mediating international disputes, Rwanda strengthens defence ties with CAR and South Sudan, OPEC+ members agree to increase oil supply from May. Sudan gdp per capita for 2019 was $442, a 29.23% decline from 2018. Accessed May 13, 2021. https://www.statista.com/statistics/727136/gross-domestic-product-gdp-growth-rate-in-sudan/, IMF. The Fund's financing plan will provide some relief to Sudan's dismal economy and pave the way for further debt relief. Falling global oil prices have reduced government revenues by 40%, increasing the fiscal deficit to 4.9% of GDP in 2020 from 2.5% in 2019. Four Things to Know About How Fragile States Like South Sudan Are Coping With COVID-19. 16, 2021, by day. The economy of South Sudan is expected to shrink by 2.27% in 2021 and is expected to witness growth of close to 1% in 2022 before picking up the … World Bank national accounts data, and OECD National Accounts data files. What is annual GDP growth rate in Sudan? Ensuring inclusive economic growth. -13.9% (2016 est.) country comparison to the world (CIA rank, may be ... All suggestions for corrections of any errors about South Sudan Economy 2020 should be addressed to the CIA or the source cited on each page. From 1997 to date, Sudan has been working with the IMF to implement macroeconomic reforms, including a managed float of the exchange rate. Source: World Bank : Growth, Growth per capita IMF World Economic Outlook (October-2020) Top Statistics Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Sudan has huge untapped potential, including 10% of the world’s unused arable land, the waters of the Blue and White Niles, abundant extractive resources, including gold, and proximity to important markets such as the Gulf. Social tensions will remain high, as the public remains wary about any attempt by the military to seize power during the transitional period. $39 per month* Register in seconds and access exclusive features. The economy of South Sudan is one of the most oil dependent economies in the world. Notes: see Table 2. Then you will be able to mark statistics as favourites and use personal statistics alerts. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook JUBA, April 2, 2020 - After a four-year contraction, South Sudan’s economy appears to be recovering and reached 3.2 percent in FY18/19. GDP Annual Growth Rate in Sudan decreased by 8.4 % in 2020. Statista. Key View We at Fitch Solutions have revised down our 2020 real GDP growth forecast for Sudan to -11.4% following severe flooding that has affected the important farming sector. Significant disparities between urban and rural areas are apparent, contributing to an increasingly urban informal sector which accounts for more than 60% of Sudan’s GDP. Source: World Bank. -0.2% (2015 est.) Corporate solution including all features. Economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the lower bound of the forecast in April 2020. South Sudan's debt risk rating improved from debt distress to high risk in October 2020, thanks to a commercial debt restructuring with Qatar National Bank (AfDB). The overall economic growth in Sudan has not been translated into equivalent human development improvements and poverty reduction realities. CPIA Africa Africa’s poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018. South Sudan gdp for 2014 was $13.96B, a 24.23% decline from 2013. GDP growth (annual %) - Sudan. Sudan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025 (compared to the previous year) [Graph]. Chart. Please contact us to get started with full access to dossiers, forecasts, studies and international data. 10 The Sudan’s GDP has suffered from limited growth since the 2011 secession; since late 2017, however, economic challenges have increased substantially. Sudan gdp per capita for 2018 was $624, a 43.89% decline from 2017. Please do not hesitate to contact me. Coronavirus Pandemic (COVID-19) See Also: » GDP of Sudan » GDP per capita of Sudan; View More Economy Statistics; Directly accessible data for 170 industries from 50 countries Gross domestic product (GDP) growth rate in the BRIC countries 2025 Growth of real GDP from the service sector in Qatar 2011-2020 GDP growth rate of Sichuan province, China 2013-2019 South Sudan gdp for 2012 was $11.93B, a 19.96% decline from 2011. GDP Growth of Sudan. Sudan began exporting crude oil in the last quarter of 1999. Though South Sudan GDP fluctuated substantially in recent years, it tended to decrease through 2011 - 2020 period ending at 4.18 billion US dollars in 2020. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. GDP Annual Growth Rate in South Sudan averaged -2.21 percent from 2009 until 2020, reaching an all time high of 15.90 percent in 2014 and a record low of -46.10 percent in 2012. At a Glance 2021 Projected Real GDP (% Change) : 0.4 2021 Projected Consumer Prices (% Change): 197.1 Country Population: 44.345 million Date of Membership: September 5, 1957 Article IV/Country Report: March 10, 2020; Outstanding Purchases and … Egypt and Sudan will seek to leverage mounting challenges faced by Ethiopia to negotiate a binding agreement. "Sudan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025 (Compared to The Previous Year). (billed annually). The Transitional Military Council and civilian opposition have signed a deal to form an 11-member civilian-dominated Sovereign Council, with a rotating presidency, to govern the country during a 39-month transitional period. Sudan gdp per capita for 2016 was $1,299, a 31.97% decline from 2015. GDP per capita ranking 2021. The COVID–19 pandemic’s effect on commodity prices, trade, travel, and financial flows contributed to subdued economic activity. and over 1 Mio. This feature is limited to our corporate solutions. Though Sudan real GDP growth fluctuated substantially in recent years, it tended to decrease through 2001 - 2020 period ending at -8.4 % in 2020. (October 12, 2020). For 2017 was $ 18.43B sudan gdp growth 2020 a 29.23 % decline from 2014 supported by Saudi Arabia 's reversal of 1m... 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