Sudan

Sudan Economic Outlook

  • In 2013 real GDP grew by 3.6%, up from 1.4% in 2012, driven by agriculture, oil, gold and transit fees. It is predicted to recede slightly in 2014 to 2.7% because of fiscal consolidation, and is projected to reach 3.8% in 2015. Inflation remained high at 36.2% and is forecast to drop to 26.8% in 2014 and projected at 23.2% for 2015.
  • Private small and medium-sized enterprises (SMEs) continue to face challenges. High costs of inputs including labour and infrastructure services appear as major obstacles to the development and economic diversification of SMEs. Also Sudan’s ratings on contract enforcement, protecting investors and registering property deteriorated.
  • Integration into global value chains (GVCs) provides opportunities. But the high costs of production, together with the numerous taxes along the supply chains and the weak linkages, would undermine these prospects; nevertheless the government continues efforts with the United Nations Industrial Development Organization (UNIDO) to boost agro-industrial value addition.

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 2013: 38.0 Million
Urban Population 2013: 33.48%
Female Population 2013: 49.83%
GDP: US$ 70.5 Billion
GNI Per Capita 2013: US$ 1,500
Inflation Rate: 36.00%
Crude Birth Rate (per 1000): 33.50%
Human Development Index (rank / 187): 171
Human Development Index (scale 0 to 1): 0.414
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 388.2 Million

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