GDP Annual Growth Rate in South Sudan decreased to -3.60 percent in 2020 from 7.40 percent in 2019. source: National Bureau of Statistics, South Sudan

GDP Annual Growth Rate in South Sudan averaged -2.21 percent from 2009 until 2020, reaching an all time high of 15.90 percent in 2014 and a record low of -46.10 percent in 2012. This page provides the latest reported value for - South Sudan GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Sudan GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2021.

GDP Annual Growth Rate in South Sudan is expected to reach -4.00 percent by the end of 2021, 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 0.70 percent in 2022 and 2.60 percent in 2023, according to our econometric models.

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South Sudan GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 7.40 29.90 -49.80 2009 - 2020 percent Yearly

South Sudan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -3.60 7.40 29.90 -49.80 percent [+]
GDP 1.00 3.07 18.43 1.00 USD Billion [+]
Gross Fixed Capital Formation 1308.40 1357.90 4811.30 1308.40 Million SSP [+]
GDP Constant Prices 22303.00 22459.00 28179.80 13685.00 Million SSP [+]

South Sudan GDP Annual Growth Rate
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.