Economy
Sudan
Budget
revenues
$9.045 billion (2015 est.)
expenditures
$9.103 billion (2015 est.)
Exports
Exports 2020
$5.065 billion (2020 est.)
Exports 2021
$6.664 billion (2021 est.)
Exports 2022
$5.908 billion (2022 est.)
Imports
Imports 2020
$10.52 billion (2020 est.)
Imports 2021
$10.271 billion (2021 est.)
Imports 2022
$11.575 billion (2022 est.)
Industries
oil, cotton ginning, textiles, cement, edible oils, sugar, soap distillation, footwear, petroleum refining, pharmaceuticals, weapons, automobile/light truck assembly, milling
Labor force
10.949 million (2022 est.)
Public debt
Public debt 2016
99.5% of GDP (2016 est.)
Remittances
Remittances 2021
3.3% of GDP (2021 est.)
Remittances 2022
2.9% of GDP (2022 est.)
Remittances 2023
2.5% of GDP (2023 est.)
Exchange rates
Currency
Sudanese pounds (SDG) per US dollar -
Exchange rates 2018
24.329 (2018 est.)
Exchange rates 2019
45.767 (2019 est.)
Exchange rates 2020
53.996 (2020 est.)
Exchange rates 2021
370.791 (2021 est.)
Exchange rates 2022
546.759 (2022 est.)
Debt - external
Debt - external 2023
$21.65 billion (2023 est.)
Economic overview
economy in the low-income Sahel region severely affected by ongoing civil conflict; significant repercussions on rural income, basic commodity prices, industrial output, agricultural supply chains, as well as communications and trade; hyperinflation and currency devaluation exacerbating food security and humanitarian conditions
Unemployment rate
Unemployment rate 2021
11.1% (2021 est.)
Unemployment rate 2022
7.6% (2022 est.)
Unemployment rate 2023
11.45% (2023 est.)
Exports - partners
UAE 21%, China 17%, Saudi Arabia 16%, Malaysia 9%, Egypt 8% (2023)
Imports - partners
China 21%, India 19%, Egypt 16%, UAE 14%, Saudi Arabia 7% (2023)
Real GDP per capita
Real GDP per capita 2022
$3,100 (2022 est.)
Real GDP per capita 2023
$2,200 (2023 est.)
Real GDP per capita 2024
$1,900 (2024 est.)
Real GDP growth rate
Real GDP growth rate 2022
-1% (2022 est.)
Real GDP growth rate 2023
-29.4% (2023 est.)
Real GDP growth rate 2024
-13.5% (2024 est.)
Agricultural products
sugarcane, sorghum, milk, onions, groundnuts, sesame seeds, goat milk, bananas, mangoes/guavas, millet (2023)
Exports - commodities
crude petroleum, gold, oil seeds, sheep and goats, ground nuts (2023)
Imports - commodities
raw sugar, wheat flour, refined petroleum, clothing, packaged medicines (2023)
Current account balance
Current account balance 2020
-$5.841 billion (2020 est.)
Current account balance 2021
-$2.62 billion (2021 est.)
Current account balance 2022
-$4.443 billion (2022 est.)
Taxes and other revenues
7.4% (of GDP) (2016 est.)
GDP (official exchange rate)
$49.91 billion (2024 est.)
GDP - composition, by end use
household consumption
80.7% (2024 est.)
government consumption
16.5% (2024 est.)
investment in inventories
0% (2024 est.)
investment in fixed capital
2.9% (2024 est.)
exports of goods and services
1.2% (2024 est.)
imports of goods and services
-1.3% (2024 est.)
Inflation rate (consumer prices)
Inflation rate (consumer prices) 2020
163.3% (2020 est.)
Inflation rate (consumer prices) 2021
359.1% (2021 est.)
Inflation rate (consumer prices) 2022
138.8% (2022 est.)
Industrial production growth rate
-13.1% (2024 est.)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2022
$154.672 billion (2022 est.)
Real GDP (purchasing power parity) 2023
$109.147 billion (2023 est.)
Real GDP (purchasing power parity) 2024
$94.42 billion (2024 est.)
Youth unemployment rate (ages 15-24)
male
11.8% (2022 est.)
total
12% (2022 est.)
female
13.1% (2022 est.)
Reserves of foreign exchange and gold
Reserves of foreign exchange and gold 2015
$173.516 million (2015 est.)
Reserves of foreign exchange and gold 2016
$168.284 million (2016 est.)
Reserves of foreign exchange and gold 2017
$177.934 million (2017 est.)
GDP - composition, by sector of origin
industry
23% (2024 est.)
services
54.9% (2024 est.)
agriculture
22.1% (2024 est.)