Sudan

Sudan Economic Outlook

  • Economic growth slowed in 2016 to an estimated 3% as a result of the decline in oil production and macroeconomic imbalances and is projected at 3.4% in 2017 and 3.6% in 2018 on the back of improved performance in the non-oil sector and temporary lifting of US sanctions.
  • The government’s attempts to expand the democratic space in the context of national dialogue augur well for an improved economic performance and political stability.
  • The share of Sudan’s entrepreneurs outside agriculture is sizeable but the limited number of entrepreneurial programmes, scarce technical training and the challenging business environment call for a coherent national strategy to boost and harness entrepreneurial energy and talent for inclusive growth.

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Key Facts

Flag:
Capital: Khartoum
Area: 2,506,000 sq km
Total Population 2017: 42.2 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 124.0 Billion
GNI Per Capita 2015: US$ 1,840
Inflation Rate: 16.00%
Crude Birth Rate (per 1000): 31.90%
Human Development Index (rank / 188): 165
Human Development Index (scale 0 to 1): 0.490
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 471.0 Million

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Activity



Resources



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

Dr. Abdul B. Kamara, Resident Representative