Indicators of economy in Sudan
The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,183 USD per capita. GDP in Sudan, on the other hand, reached USD 752 per capita, or 34.33 billion USD for the whole country. Sudan is therefore currently ranked 100 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Sudan ranks 154th in the list of the richest countries.Inflation in Sudan in 2021 was around 382.82%. Within the EU, the average in the same year was 9.22 percent. In the United States, it was most recently 8.00%.
The index for perceived corruption in the public sector is 22, which is rather poor by global standards.
Back to overview: Sudan
Impact of the COVID-19 pandemic
The consequences of the COVID pandemic in 2020 were considerable in Sudan. Overall, gross domestic product in 2020 fell from 32.34 billion US dollars to 27.03 billion US dollars. With a large drop of 16.40 percent, the economy in Sudan has struggled significantly more than other countries. The unemployment rate rose from 17.6 to 19.3 percent. The country's gross debt increased by 7.7 percent. The consumer inflation rate has risen from 51.0 percent previously to 150.3 percent now.In 2021, there was already a recovery and the gross domestic product increased to 34.33 billion US dollars (=106.1% of 2019).
Income and purchasing power
The average monthly income in Sudan is 54 US Dollar per capita. In the USA, the figure is 5,911 US Dollar. However, the prices of consumer goods are also around 70.6 percent lower than in the USA. If you compare income and price levels, the result is a more expensive life in Sudan than in the United States. The bottom line is that the costs do not offset the lower income, and you get about 96.9 percent less.However, it is also important to remember that this is a purely statistical model. Both the labor output and the type and quality of the goods received always correspond to the national average on both sides of the equation - so they do not necessarily have to match. Here you can also find an international comparison of cost of living and purchasing power.
Unemployment rates in percentages 1991 - 2022
Economic performance 2021
Sudan Total | Sudan per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 34.33 bn USD | 751.82 USD | 17.177 tn USD | 33,384.92 USD |
Gross national product | 29.89 bn USD | 654.75 USD | 16.895 tn USD | 32,835.37 USD |
Development of gross domestic product in billions of USD 1960 - 2021
› Debt budget development
› Development of inflation
› Corruption in Sudan
› Cost of living in a global comparison
› Development of inflation
› Corruption in Sudan
› Cost of living in a global comparison
Imports and Exports 2021
Sudan Total | Sudan per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 10.52 bn USD | 230.40 USD | 8.916 tn USD | 17,329.02 USD |
Exports | 5.07 bn USD | 110.95 USD | 9.554 tn USD | 18,569.19 USD |
Development of imports and exports in billions of USD 1977 - 2021
Exports
Imports