Sudan recorded a Current Account deficit of 2.48 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Sudan averaged -5.64 percent of GDP from 1977 until 2023, reaching an all time high of 1.23 percent of GDP in 1985 and a record low of -15.22 percent of GDP in 2006. source: Central Bank of Sudan

Current Account to GDP in Sudan is expected to reach -7.40 percent of GDP by the end of 2024, 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 -6.30 percent of GDP in 2025 and -7.50 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Current Account to GDP -2.48 -3.40 percent of GDP Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.48 -3.40 1.23 -15.22 1977 - 2023 percent of GDP Yearly