Sudan recorded a Current Account deficit of 7.80 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Sudan

Current Account to GDP in Sudan averaged -5.44 percent from 1977 until 2019, reaching an all time high of 1.23 percent in 1985 and a record low of -15.22 percent in 2006. This page provides - Sudan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sudan Current Account to GDP - values, historical data and charts - was last updated on November of 2020.

Current Account to GDP in Sudan is expected to reach -14.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sudan Current Account to GDP is projected to trend around -16.00 percent in 2021 and -13.00 percent in 2022, according to our econometric models.

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Sudan Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-7.80 -13.60 1.23 -15.22 1977 - 2019 percent Yearly

Sudan Trade Last Previous Highest Lowest Unit
Balance of Trade -445607.00 -238751.00 704214.00 -5102027.00 USD Thousand [+]
Current Account -1054.00 -1726.70 1756.20 -2375.77 USD Million [+]
Current Account to GDP -7.80 -13.60 1.23 -15.22 percent [+]
Imports 603264.00 395732.00 1318979.00 174078.00 USD Thousand [+]
Exports 157657.00 156981.00 4060977.00 141830.00 USD Thousand [+]
Capital Flows 455.80 834.80 1740.89 -964.20 USD Million [+]
Crude Oil Production 63.00 50.00 520.00 0.10 BBL/D/1K [+]
Foreign Direct Investment 116.20 161.70 1565.18 -390.20 USD Million [+]
Terrorism Index 5.81 6.18 6.69 5.14 [+]


Sudan Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.