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South Sudan

South Sudan and the AfDB

The African Development Bank Group and the Republic of South Sudan have a history of cooperation, which started after the signing on 9th January 2005 of the Comprehensive Peace Agreement, brokered by the Intergovernmental Authority on Development (IGAD). South Sudan became a member of the African Development Bank in May 2012, and in September 2013 ratified its membership. Following the country’s independence in July 2011, the Bank opened its country office in the capital, Juba, in September 2012.

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South Sudan Economic Outlook

Real GDP contracted by an estimated 3.8% in 2018, following a contraction of 6.3% in 2017, supported by a slight recovery in global oil prices. On the supply side, the oil sector continued to be the main contributor to growth, accounting for about 70% of GDP in 2017, followed by agriculture (10%), manufacturing (7%), and services (6.1%). On the demand side, public consumption was the main contributor, following the 2017 56% increase in public salaries. The current account turned to an estimated deficit of 12.7% of GDP in 2018, from a surplus of 1.7% in 2017, due to a decline in exports, and continued to stymie growth.

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Key Facts

Flag:
Capital: Juba
Area: 644,329 sq km
Total Population 2017: 11.3 Million ...
Urban Population 2017: 18.41%
Female Population 2017: 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 / 188): 0
Human Development Index (scale 0 to 1): -
Membership Date: Under processing
Cumulative Approvals (1967-2016): UA 34.9 Million

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