South Sudan Economic Statistics and Indicators

23, Sep 2020, EDT. Welcome to the South Sudan economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: South Sudan › Change country
National or Regional Currency: South Sudanese pound, SSP
Year of data: 2015 › Change year
Number of Indicators Listed: 34
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 11,562,695 (July 2014 est.)
Area: total: 644,329 sq km
Natural Resources: hydropower, fertile agricultural land, gold, diamonds, petroleum, hardwoods, limestone, iron ore, copper, chromium ore, zinc, tungsten, mica, silver
Capital: name: Juba ; geographic coordinates: 04 51 N 31 37 E ; time difference: UTC+3 (8 hours ahead of Washington, DC, during Standard Time)

Following several decades of civil war with Sudan, industry and infrastructure in landlocked South Sudan are severely underdeveloped and poverty is widespread. Subsistence agriculture provides a living for the vast majority of the population. Property rights are insecure and price signals are weak, because markets are not well organized. South Sudan has little infrastructure - approximately 250 of paved roads. Electricity is produced mostly by costly diesel generators and indoor plumbing and potable water are scarce. South Sudan depends largely on imports of goods, services, and capital - mainly from Uganda, Kenya and Sudan. Nevertheless, South Sudan does have abundant natural resources. At independence in 2011, South Sudan produced nearly three-fourths of former Sudan's total oil output of nearly a half million barrels per day. The government of South Sudan derives nearly 98% of its budget revenues from oil. Oil is exported through two pipelines that run to refineries and shipping facilities at Port Sudan on the Red Sea. The economy of South Sudan will remain linked to Sudan for some time, given the long lead time and great expense required to build another pipeline, should the government decide to do so. In January 2012 South Sudan suspended production of oil because of its dispute with Sudan over transshipment fees. This suspension lasted fifteen months and had a devastating impact on GDP, which declined by 48% in 2012. With the resumption of oil flows the economy rebounded strongly during the second half of calendar year 2013. This occurred in spite of the fact that oil production, at an average level of 222,000 barrels per day, was 40% lower compared with 2011, prior to the shutdown. GDP is estimated to have grown by about 25% in 2013. However, the outbreak of conflict on December 15, 2013 combined with a further reduction of oil exports, means that GDP growth forecasts for 2014 are being revised downwards again, and poverty and food insecurity are rising. South Sudan holds one of the richest agricultural areas in Africa with fertile soils and abundant water supplies. Currently the region supports 10-20 million head of cattle. South Sudan is currently burdened by considerable debt, accrued largely in 2012, based on rapidly accumulating arrears, and increased military spending. South Sudan has received more than $4 billion in foreign aid since 2005, largely from the UK, the US, Norway, and the Netherlands. Following independence, South Sudan's central bank issued a new currency, the South Sudanese Pound, allowing a short grace period for turning in the old currency. Annual inflation peaked at 79.5% in May 2012 but declined rapidly thereafter, to an average of 1.7% in 2013. Following the December 2013 outbreak of violence, inflation is on the rise again. Long-term challenges include diversifying the formal economy, alleviating poverty, maintaining macroeconomic stability, improving tax collection and financial management and improving the business environment.

GDP (Constant Prices, National Currency) for South Sudan in year 2015 is SSP 20.544 Billion.

GDP Growth (Constant Prices, National Currency) for South Sudan in year 2015 is -0.173 %.

GDP (Current Prices, National Currency) for South Sudan in year 2015 is SSP 43.658 Billion.

GDP (Current Prices, US Dollars) for South Sudan in year 2015 is US$ 2.627 Billion.

GDP Deflator for South Sudan in year 2015 is 212.507 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for South Sudan in year 2015 is SSP 1,727.45 .

GDP Per Capita (Current Prices, National Currency) for South Sudan in year 2015 is SSP 3,670.94 .

GDP Per Capita (Current Prices, US Dollars) for South Sudan in year 2015 is US$ 220.86 .

GDP (PPP), US Dollars for South Sudan in year 2015 is US$ 23.691 Billion.

GDP Per Capita (PPP), US Dollars for South Sudan in year 2015 is US$ 1,991.98 .

GDP Share of World Total (PPP) for South Sudan in year 2015 is 0.021 %.

Implied PPP Conversion Rate for South Sudan in year 2015 is 1.843 .

Investment (% of GDP) for South Sudan in year 2015 is 9.854 %.

Gross National Savings (% of GDP) for South Sudan in year 2015 is 7.13 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for South Sudan in year 2015 is 246.786 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for South Sudan in year 2015 is 52.813 %.

Inflation, End of Year (Indexed to Year 2000) for South Sudan in year 2015 is 356.777 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for South Sudan in year 2015 is 109.856 %.

Population for South Sudan in year 2015 is 11.893 Million .

General government revenue (National Currency) for South Sudan in year 2015 is SSP 25.378 Billions.

General government revenue (% of GDP) for South Sudan in year 2015 is 72.005 %.

General government total expenditure (National Currency) for South Sudan in year 2015 is SSP 23.914 Billions.

General government total expenditure (% of GDP) for South Sudan in year 2015 is 67.851 %.

Total Government Net Lending/ Borrowing (National Currency) for South Sudan in year 2015 is SSP 1.464 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for South Sudan in year 2015 is 4.154 %.

Fiscal Year Gross Domestic Product, Current Prices for South Sudan in year 2015 is SSP 35.245 Billions.

Current Account Balance (US Dollars) for South Sudan in year 2015 is US$ -0.332 Billion.

Current Account Balance (% GDP) for South Sudan in year 2015 is -12.643 %.