Agriculture > products
cotton, groundnuts (peanuts), sorghum, millet, wheat, gum arabic, sugarcane, cassava, mangos, papaya, bananas, sweet potatoes, sesame; sheep, livestock |
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Aid as % of GDP
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2% |
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[66th of 129]
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Definition: Economy > Aid as % of GDP |
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Debt > External
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$29,420,000,000.00 |
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[59th of 136]
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Definition: Economy > Debt > External |
Economy > Overview
Sudan's economy is booming on the back of increases in oil production, high oil prices, and large inflows of foreign direct investment. GDP growth registered more than 10% per year in 2006 and 2007. From 1997 to date, Sudan has been working with the IMF to implement macroeconomic reforms, including a managed float of the exchange rate. Sudan began exporting crude oil in the last quarter of 1999. Agricultural production remains important, because it employs 80% of the work force and contributes a third of GDP. The Darfur conflict, the aftermath of two decades of civil war in the south, the lack of basic infrastructure in large areas, and a reliance by much of the population on subsistence agriculture ensure much of the population will remain at or below the poverty line for years despite rapid rises in average per capita income. In January 2007, the government introduced a new currency, the Sudanese Pound, at an initial exchange rate of $1.00 equals 2 Sudanese Pounds. |
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Definition: Economy > Economy > Overview |
Exchange rates
Sudanese dinars per US dollar - 257.91 (2004), 260.98 (2003), 263.31 (2002), 258.7 (2001), 257.12 (2000) |
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Definition: Economy > Exchange rates |
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Exports
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$8,879,000,000.00 |
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[82nd of 189]
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Definition: Economy > Exports |
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Exports to US
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$100,000.00 |
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[205th of 224]
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Definition: Economy > Exports to US |
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GDP
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$37,564,620,000.00 |
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[61st of 203]
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Definition: Economy > GDP |
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GDP (purchasing power parity)
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$80,980,000,000.00 |
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[71st of 187]
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Definition: Economy > GDP (purchasing power parity) |
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GDP > PPP
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$69,379,000,000.00 |
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[61st of 163]
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Definition: Economy > GDP > PPP |
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GDP > Real growth rate
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10.2% |
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[15th of 198]
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Definition: Economy > GDP > Real growth rate |
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GDP growth > annual %
|
8 annual %
|
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[21st of 187]
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Definition: Economy > GDP growth > annual % |
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Gross National Income
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$10,702,500,000.00 |
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[74th of 172]
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Definition: Economy > Gross National Income |
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Gross national income > constant LCU
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1433161000 |
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|
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Definition: Economy > Gross national income > constant LCU |
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Human Development Index
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0.512 |
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[143rd of 178]
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Definition: Economy > Human Development Index |
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Inflation rate (consumer prices)
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8% |
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[57th of 192]
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Definition: Economy > Inflation rate (consumer prices) |
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Population below poverty line
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40% |
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[22nd of 46]
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Definition: Economy > Population below poverty line |
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Public debt
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105.9 % of GDP |
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[5th of 121]
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Definition: Economy > Public debt |
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Technological achievement
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0.07 |
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[68th of 68]
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Definition: Economy > Technological achievement |
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Tourist arrivals
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30,000 |
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[137th of 152]
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Definition: Economy > Tourist arrivals |
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