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%.
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.
South Sudan GDP from 2011 to 2024
The total market value of goods and services produced annually in South Sudan.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 |
