Key data points
Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
29.80 % on Dec 31, 2013
Lowest
−51.30 % on Dec 31, 2012
About South Sudan GDP YoY
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.