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 October of 2021.

Current Account to GDP in Sudan is expected to reach -12.00 percent of GDP by the end of 2021, 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 -13.40 percent of GDP in 2022 and -8.70 percent of GDP in 2023, according to our econometric models.

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Sudan Current Account to GDP

Sudan Last Unit Reference Previous Highest Lowest
Balance of Trade -406551.00 USD Thousand Jun/21 -162527.00 704214.00 -5102027.00
Current Account 43.30 USD Million Mar/21 -2249.50 1756.20 -2375.77
Current Account to GDP -12.60 percent of GDP Dec/20 -15.10 1.23 -15.22
Exports 353404.00 USD Thousand Jun/21 448841.00 4060977.00 141830.00
Imports 759955.00 USD Thousand Jun/21 611368.00 1520244.00 174078.00
Capital Flows -237.40 USD Million Mar/21 736.60 1740.89 -964.20
Foreign Direct Investment 133.60 USD Million Mar/21 254.60 1565.18 -390.20

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.