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| Choose the first letter to select required country: Economy Of Sudan
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| Economy overview | Sudan has turned around a struggling economy with sound economic policies and infrastructure investments, yet it still faces formidable economic problems, starting from its low level of per capita output and extending to its devastating civil stife. From 1997 to date, Sudan has been implementing IMF macroeconomic reforms. In 1999, Sudan began exporting crude oil and in the last quarter of 1999 recorded its first trade surplus, which, along with monetary policy, has stabilized the exchange rate. Increased oil production, revived light industry, and expanded export processing zones helped sustain GDP growth at 6.1% in 2003 and 7% in 2004. Agriculture production remains Sudan's most important sector, employing 80% of the work force and contributing 39% of GDP, but most farms remain rain-fed and susceptible to drought. Chronic instability - including the long-standing civil war between the Muslim north and the Christian/pagan south, the ethnic purges in Darfur, adverse weather, and weak world agricultural prices - ensure that much of the population will remain at or below the poverty line for years. |
| GDP | purchasing power parity - $70.95 billion (2004 est.) |
| GDP - real growth rate | 5.9% (2004 est.) |
| GDP - per capita | purchasing power parity - $1,900 (2004 est.) |
| GDP - composition by sector |
agriculture: 38.7% industry: 20.3% services: 41% (2003 est.) |
| Investment gross fixed | 14.8% of GDP (2004 est.) |
| Population below poverty line | NA (2004 est.) |
| Household income or consumption by percentage share |
lowest 10%: na highest 10%: na |
| Distribution of family income - Gini index | |
| Inflation rate consumer prices | 8.8% (2004 est.) |
| Labor force | 11 million (1996 est.) |
| Labor force by occupation | agriculture 80%, industry and commerce 7%, government 13% (1998 est.) |
| Unemployment rate | 18.7% (2002 est.) |
| Budget |
revenues: $2.402 billion expenditures: $2.546 billion, including capital expenditures of $304 million (2004 est.) |
| Public debt | 87% of GDP (2004 est.) |
| Agriculture products | cotton, groundnuts (peanuts), sorghum, millet, wheat, gum arabic, sugarcane, cassava (tapioca), mangos, papaya, bananas, sweet potatoes, sesame; sheep, livestock |
| Industries | oil, cotton ginning, textiles, cement, edible oils, sugar, soap distilling, shoes, petroleum refining, pharmaceuticals, armaments, automobile/light truck assembly |
| Industrial production growth rate | 8.5% (1999 est.) |
| Electricity production | 2.389 billion kWh (2001) |
| Electricity production by source |
fossil fuel: 52.1% hydro: 47.9% other: 0% (2001) nuclear: 0% |
| Electricity consumption | 2.222 billion kWh (2001) |
| Electricity exports | 0 kWh (2001) |
| Electricity imports | 0 kWh (2001) |
| Oil production | 209,100 bbl/day (2004 est.) |
| Oil consumption | 50,000 bbl/day (2001 est.) |
| Oil exports | NA (2001) |
| Oil imports | NA (2001) |
| Oil proved reserves | 631.5 million bbl (2004) |
| Natural gas production | |
| Natural gas consumption | |
| Natural gas exports | |
| Natural gas imports | |
| Natural gas proved reserves | 99.11 billion cu m (2004) |
| Current account balance | $-718 million (2004 est.) |
| Exports | $2.45 billion f.o.b. (2004 est.) |
| Exports commodities | oil and petroleum products; cotton, sesame, livestock, groundnuts, gum arabic, sugar |
| Exports partners | China 40.9%, Saudi Arabia 17.2%, UAE 5.4% (2003) |
| Imports | $2.383 billion f.o.b. (2003 est.) |
| Imports commodities | foodstuffs, manufactured goods, refinery and transport equipment, medicines and chemicals, textiles, wheat |
| Imports partners | Saudi Arabia 16.3%, China 14.2%, UK 5%, Germany 4.9%, India 4.8%, France 4.1% (2003) |
| Reserves of foreign exchange gold | $847.2 million (2004 est.) |
| Debt external | $16.09 billion (2004 est.) |
| Economic aid recipient | $172 million (2001) |
| Currency | Sudanese dinar (SDD) |
| Currency code | SDD |
| Exchange rates | Sudanese dinars per US dollar - 260.983 (2003), 263.306 (2002), 258.702 (2001), 257.122 (2000), 252.55 (1999) |
| Fiscal year | calendar year |
Introduction and Background to Sudan | Geography Of Sudan | People Of Sudan | Government Of Sudan | Communications Of Sudan | Transportation Of Sudan | Military Of Sudan | Transnational Issues Of Sudan
Sudanese Flag Map Of Sudan Fur language
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