South Sudan's GDP changed from approximately $17B 340M in 2011 to $6B 517M in 2024, showing an overall -62.4% sharply declined during the period.
The lowest GDP was recorded in 2017 at $1B 804M, and the highest in 2011 at $17B 340M.
Over the 13-year span, the GDP showed a highly variable trend, with an average annual growth rate of -7.3%.
For comparison, the average annual growth rate of Ethiopia was 7.8%, and that of Sudan was 2.5%.
South Sudan GDP from 2011 to 2024
The total market value of goods and services produced annually in South Sudan.
Overview of South Sudan's GDP (2011–2024)
The Gross Domestic Product (GDP) of South Sudan recorded a -62.4% sharply declined from 2011 to 2024.
The average GDP during this period was $8B 509M, and the median was $6B 906M.
GDP fluctuated within a range of $15B 536M, with a standard deviation of $5B 300M.
The average annual change was $-782M 446K.
Highest and Lowest GDP Records
- Lowest GDP: 2017, $1B 804M
- Highest GDP: 2011, $17B 340M
- Most Recent GDP: 2024, $6B 517M
Notable Annual GDP Changes
- 2013: Significant increase in GDP
- 2016: Noticeable drop in GDP
Overall pattern: highly variable
Global Economic Events and South Sudan's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $4B 43M → $5B 423M
- Outcome: sharply increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $0 → $0
- Outcome: remained stable
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $0 → $0
- Outcome: remained stable
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $0 → $0
- Outcome: remained stable
Key Economic Indicators of South Sudan (2011–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
2011 | $ 17B 340M | $ 1,659.55 | $ 3,128.90 | $ 32B 692M | 0 % | 18.02 % | 23.60 % | 4.841 % | 10M 449K people |
2012 | $ 11B 267M | $ 1,041.46 | $ 1,341.08 | $ 14B 508M | -50.319 % | -15.911 % | −5.18 % | -14.036 % | 10M 818K people |
2013 | $ 14B 947M | $ 1,337.23 | $ 1,577.53 | $ 17B 633M | 27.272 % | -3.89 % | 8.95 % | -2.86 % | 11M 177K people |
2014 | $ 15B 178M | $ 1,316.27 | $ 1,488.11 | $ 17B 158M | 1.556 % | -1.213 % | 18.19 % | -8.49 % | 11M 531K people |
2015 | $ 15B 326M | $ 1,289.84 | $ 1,409.85 | $ 16B 751M | -0.231 % | 1.654 % | 13.53 % | -15.708 % | 11M 882K people |
2016 | $ 2B 899M | $ 237.02 | $ 851.58 | $ 10B 415M | -13.299 % | 19.602 % | 36.94 % | -17.961 % | 12M 231K people |
2017 | $ 1B 804M | $ 143.34 | $ 458.77 | $ 5B 774M | -5.794 % | 9.609 % | 23.88 % | 6.827 % | 12M 585K people |
2018 | $ 3B 118M | $ 240.32 | $ 445.39 | $ 5B 779M | -2.149 % | 10.972 % | 22.94 % | -0.151 % | 12M 976K people |
2019 | $ 4B 43M | $ 302.26 | $ 443.01 | $ 5B 926M | 0.856 % | 2.078 % | 21.82 % | 1.419 % | 13M 378K people |
2020 | $ 5B 423M | $ 393.59 | $ 407.49 | $ 5B 615M | -6.494 % | -18.867 % | 17.13 % | -4.498 % | 13M 779K people |
2021 | $ 5B 940M | $ 418.97 | $ 436.23 | $ 6B 185M | 5.329 % | -9.369 % | 51.72 % | -8.994 % | 14M 179K people |
2022 | $ 8B 37M | $ 550.86 | $ 430.25 | $ 6B 277M | -5.186 % | 9.744 % | 53.30 % | 4.5 % | 14M 590K people |
2023 | $ 7B 295M | $ 485.91 | $ 433.06 | $ 6B 502M | -0.07 % | 1.714 % | 28.70 % | 8.497 % | 15M 13K people |
2024 | $ 6B 517M | $ 421.86 | $ 455.16 | $ 7B 31M | 5.603 % | 3.924 % | 29.04 % | 4.98 % | 15M 448K people |