Home
Request Trial
Request TrialSign In
  • Sign In
  • Forecasts And Analysis
  • Consulting
  • About Us
  • Contact
  • Countries
    • Africa
      • Algeria
      • Angola
      • Botswana
      • Cameroon
      • Côte d'Ivoire
      • Democratic Republic of Congo
      • Egypt
      • Ethiopia
      • eSwatini
      • Gabon
      • Ghana
      • Kenya
      • Lesotho
      • Libya
      • Malawi
      • Mauritius
      • Morocco
      • Mozambique
      • Namibia
      • Nigeria
      • Rwanda
      • Senegal
      • South Africa
      • Sudan
      • Tanzania
      • Tunisia
      • Uganda
      • Zambia
      • Zimbabwe

Sudan

Sudan’s transitional civilian government continues to grapple with the reforms necessary to turn its economy around after 30 years of dictatorial rule. Immediate challenges include reining in the fiscal deficit, stabilising inflation, and normalising diplomatic relations, by removing Sudan’s designation as a state sponsor of terrorism.

Free Trial

The country’s removal from the US State Sponsors of Terrorism List has already begun to translate into some much-needed FDI, loans and debt clearance. However, domestic challenges to development remain. An exceptional recovery in gold exports in Q3 2020 revealed the control that the military has over the industry as well as the leverage it has over its civilian counterpart in the Sovereignty Council, the power-sharing body that is governing the country during the transitional period to democracy. Additionally, an overvalued currency and the struggle to achieve peace will continue to hinder development. (Source: Sudan Quarterly Update, published February 2021)

Macroeconomic Data

(2020)

Fiscal Balance (as a % of GDP)

-8.1

Consumer Price Index (% change y-o-y, avg)

162.3

Current Account Balance (as a % of GDP)

-8.3

Real GDP (annual % change)

-11.8

GDP per Capita, US$

1,287.2

Import Cover (months)

0.2

Population, million

43.8

Total External Debt (as a % of GDP)

107.8

Related Services

In-Depth Analysis
Detailed Country Reports for 54 African countries with analysis and forecasts through 2050.
Event-Driven Analysis
Rapid response analysis to the latest African economic and political events as they occur.
Fixed Income
Insight into key economic and political events which could influence trading in African debt markets, with notification of upcoming events.
  • NKC African Economics
    • About us
    • Forecasts and analysis
    • Consulting
    • Careers
    • Contact us
  • Get in touch
    • Cecilia Square
    • Building B, 2nd Floor
    • 100 Cecilia Street
    • Paarl
    • 7646 South Africa
    • Tel: +27(0)21 863-6200
    • Email
  • Help and software
    • Help using our services
    • Software and downloads
    • Latest technology developments
  • Privacy
    • Privacy policy
    • Cookies
  • Follow Us
    • LinkedIn
    • Twitter
    • Facebook
© Oxford Economics 2019 - all rights reserved.