Trade in services in South Sudan
South Sudan: Trade in services was 36.7% in 2023. ◆ Volatile
Trade in services in South Sudan, 2014–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, trade in services in South Sudan stood at 36.7%.
That represents a change of down 39.0% on the previous year and up 1,186.2% over ten years.
Over the whole period, trade in services in South Sudan peaked at 60.2% in 2022 and was at its lowest, 2.9%, in 2014.
South Sudan ranks 52nd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Trade in services in South Sudan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 2.9% | — |
| 2015 | 9.5% | +233.8% |
| 2016 | 21.3% | +123.2% |
| 2017 | 22.2% | +4.6% |
| 2018 | 47.7% | +114.7% |
| 2019 | 43.6% | -8.6% |
| 2020 | 50.6% | +16.0% |
| 2021 | 51.5% | +1.7% |
| 2022 | 60.2% | +16.9% |
| 2023 | 36.7% | -39.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 24.5% | 2.9% | 47.7% | 6 |
| 2020s | 49.8% | 36.7% | 60.2% | 4 |
Countries ranked near South Sudan
- 49 Barbados 37.8%
- 50 Kyrgyzstan 37.1% compare
- 51 Armenia 36.8% compare
- 53 Iceland 36.6% compare
- 54 Micronesia, Federated States of 36.4%
- 55 Croatia 35.7% compare
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 trade in services in South Sudan?
- Trade in services in South Sudan was 36.7% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in South Sudan?
- The highest recorded value was 60.2% in 2022.
- What is the lowest trade in services recorded in South Sudan?
- The lowest recorded value was 2.9% in 2014.
- How does South Sudan rank for trade in services?
- South Sudan ranks 52nd out of 200 countries with data for 2023.
- Is trade in services rising or falling in South Sudan?
- Over the last ten years it is up 1,186.2%. The long-run trend across the full record is volatile.
- Where does this South Sudan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.