Current account balance as a share of GDP in South Sudan
South Sudan: Current account balance as a share of GDP was 7.9% in 2023. ◆ Volatile
Current account balance as a share of GDP in South Sudan, 2014–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2023, current account balance as a share of gdp in South Sudan stood at 7.9%.
That represents a change of up 170.7% on the previous year and up 240.1% over ten years.
Over the whole period, current account balance as a share of gdp in South Sudan peaked at 8.3% in 2017 and was at its lowest, -35.0%, in 2020.
South Sudan ranks 20th of 193 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a share of GDP in South Sudan, year by year
| Year | % | Change |
|---|---|---|
| 2014 | -5.7% | — |
| 2015 | -4.2% | -26.3% |
| 2016 | -5.8% | +38.4% |
| 2017 | 8.3% | -244.0% |
| 2018 | -9.0% | -208.8% |
| 2019 | -4.2% | -54.0% |
| 2020 | -35.0% | +742.5% |
| 2021 | -0.1% | -99.6% |
| 2022 | -11.2% | +8530.8% |
| 2023 | 7.9% | -170.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -3.4% | -9.0% | 8.3% | 6 |
| 2020s | -9.6% | -35.0% | 7.9% | 4 |
Countries ranked near South Sudan
- 17 Denmark 12.3% compare
- 18 Congo 11.6% compare
- 19 Netherlands 9.1% compare
- 21 Faroe Islands 7.8%
- 22 Switzerland 7.7% compare
- 23 French Polynesia 7.5%
More economy & growth data for South Sudan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.77 Percent per annum (2029)
- GDP (current LCU), annual growth rate 4.99 % change on previous year (2015)
- Gdp worldbank constant usd, per capita 1,080 units per person (2015)
- GDP (current LCU), per unit of GDP 3.6 current LCU per US$ of GDP (2015)
- GDP (current LCU), per capita 3,893 current LCU per person (2015)
- GDP (constant 2015 US$), annual growth rate -10.79 % change on previous year (2015)
- GDP (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2015)
- Manufacturing value added to gdp, per capita 0 units per person (2015)
- Services, value added (current LCU), annual growth rate 29.9 % change on previous year (2015)
Frequently asked questions
- What is current account balance as a share of gdp in South Sudan?
- Current account balance as a share of gdp in South Sudan was 7.9% in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in South Sudan?
- The highest recorded value was 8.3% in 2017.
- What is the lowest current account balance as a share of gdp recorded in South Sudan?
- The lowest recorded value was -35.0% in 2020.
- How does South Sudan rank for current account balance as a share of gdp?
- South Sudan ranks 20th out of 193 countries with data for 2023.
- Is current account balance as a share of gdp rising or falling in South Sudan?
- Over the last ten years it is up 240.1%. The long-run trend across the full record is volatile.
- Where does this South Sudan data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).