Business Guide# SUDAN
Africa Analysis, June 17
BASIC DATA
Population (1999): 29.5m
GDP (1999): $12.3bn
Real growth (2000):7.2%
GNP per capita (1999): $330
GNPpcNPPPbasis: $1,360
Life expectancy (yrs.): 55
Foreign Debt: $16.4bn
Forex reserves: $400m
TRADE
Total exports (1999): $1,7340.0m
Total imports (1999): $1, 193.2m
Main exports: Oil, sesame, livestock, cotton, sugar
Main suppliers (% market share): Libya 14.7, China 14.7, Saudi Arabia 8.9, Britain 8.7
NOTES Official GDP growth predicted not lower than 5.5% into 2002, as oil sector flourishes. Production set to rise from 200,000b/d up to 236,000 b/d; analysts expect OPEC to limit global production, push up prices. Investment by oil majors (esp. US) linked to human rights issues raised by international NGOs active in Sudan; WFP still warns of food shortages affecting 2.5m people, Causes: drought, war. Yet commentators say agriculture sector stronger, esp sugar. Smaller production forecast to drive up demand.
Sources: IMF, World Bank, Economist Intelligence Unit, donors, governments, Investment Insurance International, UNFPA, Coface, Moci |
