Sudan GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Sudan contracted 0.60 percent in 2012 from the previous year. GDP Annual Growth Rate in Sudan is reported by the Central Bureau of Statistics. From 2006 until 2012, Sudan GDP Annual Growth Rate averaged 4.0 percent reaching an all time high of 6.5 percent in December of 2008 and a record low of -0.6 percent in December of 2012. Sudan’s economy is based on oil production. Since the ending of the two decade long civil war and the discovery of oil fields, Sudan’s economy has been steady expanding. Yet, much of the population still rely on subsistence agriculture. Following the independence of South Sudan in 2011 and the consequent loss of two thirds of oil reserves economic growth has slowed down. This page provides - Sudan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.60 2.70 6.50 -0.60 -7.34 | 2014/06 2006 - 2012 percent Yearly

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Sudan GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 58.77 2012-12-31 64.05 64.79 1.13 52.91 2014-06-30 USD Billion [+]
GDP Annual Growth Rate -0.60 2012-12-31 2.70 6.50 -0.60 -7.34 2014-06-30 percent [+]
GDP per capita 836.34 2012-12-31 831.37 836.34 401.49 862.53 2014-06-30 USD [+]
GDP per capita PPP 1892.04 2012-12-31 1880.80 1892.04 918.34 1951.37 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

Sudan Inflation Rate at 41.90 Percent  
The inflation rate in Sudan was recorded at 29.40 percent in September of 2013. Inflation Rate in Sudan is reported by the Sudan Central Bureau of Statistics.
Sudan Crude Oil Production at 342.00 Thousands Barrels per Day  
Crude Oil Production in Sudan increased to 342 Thousands Barrels per Day in October of 2013 from 317 Thousands Barrels per Day in September of 2013. Crude Oil Production in Sudan is reported by the U.S. Energy Information Administration.
Sudan Consumer Price Index (CPI) at 330.20 Index Points  
Consumer Price Index (CPI) in Sudan increased to 330.20 Index Points in September of 2013 from 315.70 Index Points in August of 2013. Consumer Price Index (CPI) in Sudan is reported by the Sudan Central Bureau of Statistics.
Sudan Balance of Trade at -299771.00 USD Thousand  
Sudan recorded a trade deficit of 299771 USD Thousand in December of 2013. Balance of Trade in Sudan is reported by the Central Bank of Sudan.
Sudan Current Account at -953.10 USD Million  
Sudan recorded a Current Account deficit of 953.10 USD Million in the fourth quarter of 2013. Current Account in Sudan is reported by the Central Bank of Sudan.
Sudan Exports at 731811.00 USD Thousand  
Exports in Sudan increased to 731811 USD Thousand in December of 2013 from 617578 USD Thousand in November of 2013. Exports in Sudan is reported by the Central Bank of Sudan.
Sudan Imports at 1031582.00 USD Thousand  
Imports in Sudan increased to 1031582 USD Thousand in December of 2013 from 700122 USD Thousand in November of 2013. Imports in Sudan is reported by the Central Bank of Sudan.
Sudan Interest Rate at 12.00 Percent  
The benchmark interest rate in Sudan was last recorded at 12 percent. Interest Rate in Sudan is reported by the Central Bank of Sudan.
Sudan Personal Income Tax Rate at 15.00 percent  
The Personal Income Tax Rate in Sudan stands at 15 percent. Personal Income Tax Rate in Sudan is reported by the Sudan Chamber of Taxation.
Sudan Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Sudan stands at 35 percent. Corporate Tax Rate in Sudan is reported by the Sudan Chamber of Taxation.
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