Sudan

Sudan Economic Outlook

  • The year 2012 marked a watershed in the economic history of Sudan as the government had to adjust to the new economic reality following the secession of South Sudan and the consequent loss of about 75% of revenue: real GDP is estimated to have grown by -0.6% and is projected to grow by 2.2% in 2013.
  • Inflation was 36.0% in 2012, up from 20.0% in 2011 and the increasing inflationary pressures coupled with a high fiscal deficit of 4.4% in the face of continuing United States sanctions and the binding domestic borrowing constraint could translate into political instability and reduced potential for social development.
  • Natural resources (mainly oil and gold) underpin medium-term economic growth but the civil wars in Darfur and the border states of South Kordofan and Blue Nile could impair growth prospects.

Contacts

Sudan field office

African Development Bank Group
Higleig Petroleum Tower - 7th Floor
Obaid Khatim Street
P.O Box 644
Khartoum, Sudan

Tel: +249 183236131/ +249 183236240/ +249 183236320

Mr. Abdul Kamara, Resident Representative

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





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Key Facts

Flag:
Capital: Khartoum
Area: 2,506,000 sq km
Total Population 2012: 45.7 Million
Urban Population 2012: 41.57%
Female Population 2012: 49.62%
GDP: US$ 51.6 Billion
GNI Per Capita 2012: US$ 1,333
Inflation Rate: 36.00%
Crude Birth Rate (per 1000): 32.00%
Human Development Index (rank / 187): 171
Human Development Index (scale 0 to 1): 0.414
Membership Date: 10/09/1964
Cumulative Approvals (1967-2012): UA 362.6 Million

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