Sudan GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Sudan expanded 3.60 percent in 2013 from the previous year. GDP Annual Growth Rate in Sudan averaged 4.06 percent from 2006 until 2013, reaching an all time high of 6.50 percent in 2008 and a record low of 1.40 percent in 2012. GDP Annual Growth Rate in Sudan is reported by the Sudan Central Bureau of Statistics.
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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.