- 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.
Public Financial MANGT Project
Technical Assistance & Cb to the Preparation of Full Poverty Reduction Strategy Paper (TCB - PRSP)
Sudan field office
African Development Bank Group
Higleig Petroleum Tower - 7th Floor
Obaid Khatim Street
P.O Box 644
Tel: +249 183236131/ +249 183236240/ +249 183236320
Mr. Abdul Kamara, Resident Representative
|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|
|Crude Birth Rate (per 1000):||32.00%|
|Human Development Index (rank / 187):||171|
|Human Development Index (scale 0 to 1):||0.414|
|Cumulative Approvals (1967-2012):||UA 362.6 Million|