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Sudan Business Report
General information
Source: The World Factbook - Central Intelligence Agency
Population
43,120,843 (July 2018 est.)GDP (PPP)
$177.4 billion (2017 est.)Sudan has experienced protracted social conflict, civil war, and, in July 2011, the loss of three-quarters of its oil production due to the secession of South Sudan
GDP growth rate
1.4% (2017 est.)Very low for a developing country. Sudan is attempting to develop non-oil sources of revenues. Agriculture continues to employ 80% of the work force.
GDP (PPP) per capita
$4,300 (2017 est.)Very low: extremely poor country
Local currency
Sudanese pound (SDG)Weak and unstable currency. The new currency was introduced after South Sudan's secession, but the value has fallen since its introduction
Financial stability (Public debt)
121.6% (2017 est.)Very high and extremely risky
Inflation
32.4% (2017 est.)Very high and still very unstable
Language
Arabic and English both officialThe only country in the Arab world to have English as a co-official language. English is not widely spoken outside urban areas
Corruption perception index (Source: Transparency International)
Rank 172/180Extremely high level of corruption
Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT
Report not available
Corporate Tax
Report not available
Duties
Report not available
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