The economy of Sudan is largely based on agriculture and oil exports, with additional revenue coming from mining and manufacturing. |
In recent years, productivity declined 30% in services, the main employment sector, while increasing 20% in industry and remaining unchanged in agriculture. |
The once-promising economy now faces significant challenges in recovery. The UN has launched a $2.7 billion humanitarian response plan to address this crisis. |
Since the economic shock of South Sudan's secession, Sudan has struggled to stabilize its economy and make up for the loss of foreign exchange earnings. |
Sudan's economic freedom score is 33.9, making its economy the 173rd freest in the 2024 Index of Economic Freedom. |
The economy of most of the peoples of Sudan was and still is dependent on cultivation, with animal husbandry, and sometimes hunting and fishing. |
The Gross Domestic Product (GDP) in Sudan was worth 109.33 billion US dollars in 2023, according to official data from the World Bank. |
The substantial balance of payments deficit has led to a shortage of foreign exchange which has caused sporadic shortages of essential commodities such as fuel, ... |
Sudan has had one of the highest growth rates amongst Sub-Saharan African countries and a rapidly rising per capita income, with per capita GDP of US$1,500. |
Sudan faces a dire economic situation, with the conflict negating any prospects of economic and financial stabilisation over the forecast period and ... |
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