Source: world bank Nominal/PPP
Summary:
Sudan GDP Per Capita expanded from 1960 to 2024, increasing from $1.13 to $49.67 .The compound annual growth rate (CAGR) averaged 6.09% over the period. The economy recorded its peak level in 2008 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 84.08%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.
Sudan Economic Phases (1960 - 2024)
From 1960 to 2024, Sudan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1961–1962) indicating robust economic expansion
- Expansion (1963–1966) indicating steady moderate growth
- High Growth (1969–1978) indicating robust economic expansion
- High Growth (1980–1981) indicating robust economic expansion
- High Growth (1986–1991) indicating robust economic expansion
- High Growth (1993–1995) indicating robust economic expansion
- Contraction (1998–1999) indicating temporary slowdown
- High Growth (2000–2008) indicating robust economic expansion
- High Growth (2013–2014) indicating robust economic expansion
- High Growth (2021–2022) indicating robust economic expansion
- High Growth (2024–2024) indicating robust economic expansion
The most remarkable growth occurred in 1990 with an increase of 57.142%, while the largest decline was in 1992 at -84.08%.