South Sudan GDP Annual Growth Rate

The Gross Domestic Product (GDP) in South Sudan contracted 55.80 percent in 2012 from the previous year. GDP Annual Growth Rate in South Sudan is reported by the SSNBS, South Sudan. From 2009 until 2012, South Sudan GDP Annual Growth Rate averaged -11.4 percent reaching an all time high of 4.3 percent in December of 2009 and a record low of -55.8 percent in December of 2012. South Sudan, officially recognised as a country in July 2011, is the youngest nation in the world. Despite taking over about 75 percent of old Sudan’s oil reserves, it is one of the poorest regions in Africa and government revenues are still dependent on foreign aid. A majority of population relies on subsistence agriculture. Lack of basic infrastructure such as paved roads, electricity and water supply is a major setback to the country’s development. After an unusually peaceful independence process, the relationship with Sudan has been tense. Pending agreements on border lines, oil revenue share, ethnic rivalries and weak government influence may hamper South Sudan’s future. This page provides - South Sudan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-55.80 1.90 4.30 -55.80 -15.10 | 2013/12 2009 - 2012 percent Yearly

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South Sudan GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 21.12 2011-12-31 14.97 21.12 11.85 49.65 2014-06-30 USD Billion [+]
GDP Annual Growth Rate -55.80 2012-12-31 1.90 4.30 -55.80 -15.10 2013-12-31 percent [+]
GDP per capita 2048.00 2011-12-31 1506.00 2048.00 1246.00 4620.49 2014-06-30 USD [+]
GDP per capita PPP 2134.30 2011-12-31 2383.10 2383.10 2134.30 1512.30 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

South Sudan Balance of Trade at 20453.89 million SPD  
South Sudan recorded a trade surplus of 20453.89 million SPD in 2011. Balance of Trade in South Sudan is reported by the National Bureau of Statistics, South Sudan.
South Sudan Inflation Rate at -2.90 percent  
The inflation rate in South Sudan was recorded at -2.90 percent in February of 2014. Inflation Rate in South Sudan is reported by the National Bureau of Statistics, South Sudan.
South Sudan Population at 10.84 million  
The total population in South Sudan was last recorded at 10.8 million people in 2012 from 3.0 million in 1960, changing 266 percent during the last 50 years. Population in South Sudan is reported by the World Bank.
South Sudan GDP Annual Growth Rate at -55.80 percent  
The Gross Domestic Product (GDP) in South Sudan contracted 55.80 percent in 2012 from the previous year. GDP Annual Growth Rate in South Sudan is reported by the SSNBS, South Sudan.
South Sudan | Credit Rating at 15.00  
This page displays the sovereign debt credit rating as reported by the major credit rating agencies for South Sudan.
South Sudan GDP at 21.12 USD Billion  
The Gross Domestic Product (GDP) in South Sudan was worth 21.12 billion US dollars in 2011. The GDP value of South Sudan represents 0.03 percent of the world economy. GDP in South Sudan is reported by the SSNBS, South Sudan.
South Sudan GDP per capita at 2048.00 USD  
The Gross Domestic Product per capita in South Sudan was last recorded at 2048 US dollars in 2011. The GDP per Capita in South Sudan is equivalent to 17 percent of the worlds average. GDP per capita in South Sudan is reported by the SSNBS, South Sudan.
South Sudan GDP per capita PPP at 2134.30 USD  
The Gross Domestic Product per capita in South Sudan was last recorded at 2134.30 US dollars in 2011, when adjusted by purchasing power parity (PPP). The GDP per Capita, in South Sudan, when adjusted by Purchasing Power Parity is equivalent to 10 percent of the worlds average. GDP per capita PPP in South Sudan is reported by the SSNBS, South Sudan.
South Sudan Unemployment Rate at 12.00 percent  
South Sudan unemployment rate was last reported at 12 percent in 2008. Unemployment Rate in South Sudan is reported by the SSNBS, South Sudan.
South Sudan Imports at 14746.98 million SPD  
Imports in South Sudan increased to 14746.98 million SPD in 2011 from 10228.14 million SPD in 2010. Imports in South Sudan is reported by the SSNBS, South Sudan.
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