The Gross Domestic Product (GDP) in South Sudan contracted 27.60 percent in the fourth quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in South Sudan averaged -0.46 percent from 2009 until 2024, reaching an all time high of 29.80 percent in 2013 and a record low of -51.30 percent in 2012. source: National Bureau of Statistics, South Sudan
GDP Annual Growth Rate in South Sudan is expected to reach -4.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Sudan GDP Annual Growth Rate is projected to trend around 15.00 percent in 2026 and 12.00 percent in 2027, according to our econometric models.
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.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-27.60 |
2.50 |
29.80 |
-51.30 |
2009 - 2024 |
percent |
Yearly |
|