South Sudan

South Sudan Economic Outlook

  • South Sudan’s GDP grew by 30.7% in 2014 but 2015 is likely to see negative growth as the ongoing conflict and declines in national oil production and global oil prices devastate the economy.
  • The outlook for economic growth largely depends on a recovery in global oil prices and a comprehensive resolution of civil conflict rather than a mere cessation of hostilities.
  • South Sudan could face a widening financing gap this fiscal year and long-term economic troubles due to its political crisis and declines in national oil production and global oil prices.

South Sudan and the AfDB

The African Development Bank and South Sudan have a history of cooperation which started after the signing of the Comprehensive Peace Agreement (CPA) in 2005. The then territory of Southern Sudan benefitted under the one country two systems approach and later after independence under the Cooperation Agreement signed with the Bank. The country was officially accepted as member of the African Development Bank in May 2012 and in September 2013 it ratified its membership


Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938
Mr. Gabriel Negatu, RRC Director

South Sudan field office

African Development Bank Group
Ministries Road, UNDP Compound, 
P.O. Box 622
Juba, South Sudan

Phone: (211) 956 450 033/(211) 955 007 777

Mr. Abraham MWENDA, Officer-in-charge, South Sudan field office

Key Facts

Flag:
Capital: Juba
Area: 644,329 sq km
Total Population 2015: 11.3 Million
Urban Population 2015: 18.41%
Female Population 2015: 49.97%
GDP: US$ 11.8 Billion
GNI Per Capita 2015: US$ 790
Inflation Rate: 8.60%
Crude Birth Rate (per 1000): 36.13%
Human Development Index (rank / 187): 0
Human Development Index (scale 0 to 1): -
Membership Date: Under processing
Cumulative Approvals (1967-2015): UA 34.9 Million

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