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foodstuffs, manufactured goods, refinery and transport equipment, medicines, chemicals, textiles, wheat
Main import partners
China 21.2%
UAE 15.9%
Saudi Arabia 13.6%
India 11.7%
Egypt 8.26% (2021)[15]
FDI stock
$25.47 billion (31 December 2016 est.)[6]
Abroad: NA
Current account
−$4.811 billion (2017 est.)[6]
Gross external debt
$56.05 billion (2017 est.)[6]
Public finances
Government debt
121.6% of GDP (2017 est.)[6]
Budget balance
−10.6% (of GDP) (2017 est.)[6]
Revenues
8.48 billion (2017 est.)[6]
Expenses
13.36 billion (2017 est.)[6]
Foreign reserves
$198 million (31 December 2017 est.)[6]
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
The economy of Sudan is largely based on agriculture and oil exports, with additional revenue coming from mining and manufacturing. GDP growth registered more than 10% per year in 2006 and 2007. Sudan had $30.873 billion by gross domestic product as of 2019, and has been working with the International Monetary Fund (IMF) to implement macroeconomic reforms, including a managed float of the exchange rate. Sudan began exporting crude oil in the last quarter of 1999.
Agricultural production remains important, because it employs 80% of the work force and contributes a third of the GDP. The War in Darfur, the aftermath of two decades of war in the Second Sudanese Civil War (1983-2005) in the south, the lack of basic infrastructure in large areas, and a reliance by much of the population on subsistence agriculture ensure much of the population will remain at or below the poverty line for years. The problem remains, despite rapid rises in average per capita income. In January 2007, the government introduced a new Sudanese pound, at an initial exchange rate of US$1 = £S.2. Sudan is still a least developed country according to United Nations.
^"World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019.
^"World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved 29 September 2019.
^"Population, total". data.worldbank.org. World Bank. Retrieved 9 September 2019.
^ abc"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 16 November 2019.
^ abcd"World Economic Outlook Database, April 2020". IMF.org. International Monetary Fund. Retrieved 20 April 2020.
^ abcdefghijklm"The World Factbook". Central Intelligence Agency. Retrieved 9 September 2019.
^"Poverty headcount ratio at national poverty lines (% of population)". data.worldbank.org. World Bank. Retrieved 9 September 2019.
^"Poverty headcount ratio at $3.20 a day (2011 PPP) (% of population)". data.worldbank.org. World Bank. Retrieved 9 September 2019.
^"Income Gini coefficient". hdr.undp.org. World Bank. Retrieved 23 January 2020.
^"Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^"Inequality-adjusted Human Development Index (IHDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^"Labor force, total – Sudan". data.worldbank.org. World Bank. Retrieved 23 January 2020.
^"Employment to population ratio, 15+, total (%) (national estimate)". data.worldbank.org. World Bank. Retrieved 9 September 2019.
^"Export partners of Sudan". The Observatory of Economic Complexity. Retrieved 15 February 2024.
^"Import partners of Sudan". The Observatory of Economic Complexity. Retrieved 15 February 2024.
The economyofSudan is largely based on agriculture and oil exports, with additional revenue coming from mining and manufacturing. GDP growth registered...
result of inter-communal conflict, displacement, and external fear. The economyof South Sudan is $3.681 billion by gross domestic product as of 2019,...
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The minimum wage in Sudan is LS 425 per month (US$0.95 as of August 2021). It is LS 3,000 (US$6.72 as of 2021) per month for civil servants. Until late...
is part of the United Nations subregion of Eastern Africa. The economyof South Sudan is one of the world's most underdeveloped with South Sudan having...
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Global Information
41,801,533 (2018)[3]
−$4.811 billion (2017 est.)[6]
$56.05 billion (2017 est.)[6]
