What is the GDP of Sudan?

Sudan's GDP is approximately $49.7 billion USD. The GDP growth rate is -14%.

What is the population of Sudan?

Sudan has a population of approximately 50.4 million people. The population growth rate is 0.8%.

What is the inflation rate in Sudan?

The inflation rate in Sudan is 138.8%.

What is the unemployment rate in Sudan?

The unemployment rate in Sudan is 7.5%.

What is the GDP per capita of Sudan?

Sudan's GDP per capita is approximately $985 USD.

Is Sudan a good country to invest in?

Sudan has an investment score of 8/100, classified as "High Risk" risk. Key sectors include Agriculture, Mining (Gold), Energy (Oil). Credit rating: NR.

How open is Sudan's economy to trade?

Sudan's trade openness (trade as % of GDP) is 2%. Exports total approximately $0.4B and imports $0.6B.

How much foreign investment does Sudan attract?

Foreign direct investment (FDI) in Sudan is 1.4% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Sudan?

Sudan's economy is composed of services (55% of GDP), industry (23% of GDP), and agriculture (22% of GDP).

Can I start a business in Sudan as a foreigner?

Sudan offers various options for foreign entrepreneurs. Visit our business setup guide for Sudan for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Sudan's economy growing?

Sudan's GDP growth rate is -14%. The economy is currently contracting.

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Sudan Economy Overview

Name: Sudan Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Sub-Saharan AfricaLow IncomeCapital: KhartoumSDN

High Risk

Shrinking

49.7B USD

GDP (Nominal)

Growing at -14%

$985

GDP Per Capita

Developing economy

50.4M

Population

+0.8% annual growth

High

138.8%

Inflation

Elevated

2%of GDP

Trade Openness

1.4%of GDP

FDI Inflows

Public Debt

High

7.5%

Unemployment

Deficit

-$0.2B

Trade Balance

GDP

Billion USD, nominal

$49.7B

2024+9.8B

GDP Growth

Annual %

-14%

2024+15.4%

Inflation

Consumer prices, annual %

138.8%

2022-220.3%

Population

Millions

50.5M

2024+0.4M

Economic Structure

Services55%

Industry23%

Agriculture22%

Investment Score Breakdown

Economic Health (30%)8

Political Safety (25%)2

Business Climate (20%)8

Financial Strength (15%)8

Growth Potential (10%)10

Key Sectors

Agriculture

22% of GDP

declining

Mining (Gold)

6% of GDP

declining

Energy (Oil)

3% of GDP

declining

Should I Invest in Sudan?

AvoidSetup: ModerateROI: Uncertain

Sudan scores 8/100 on the NationsData Investment Index, rated "High Risk". Growth is subdued at -12%.

Investment Score8/100

GDP Growth-12%

Inflation180%

FDI/GDP0.5%

Public Debt185%

Political Stability-2.5

Strengths

Risks

-Significant political instability - governance risks may affect business continuity
-High inflation (180%) - erodes margins and purchasing power
-Very high public debt (185% of GDP) - fiscal crisis risk
-Corruption is a significant concern - budget for compliance and due diligence
-Slow/negative growth (-12%) - limited market expansion

Also Consider

Central African Republic

Same region, similar income level, faster growth (1%)

Eritrea

Same region, similar income level, faster growth (2.5%)

South Sudan

Same region, similar income level, faster growth (-2%)

Somalia

Same region, similar income level, faster growth (2.8%)

Countries Similar to Sudan

Based on investment profile, economic size, growth rate, and region

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Central African Republic