National Accounts
Comprehensive macroeconomic data including GDP, national income, savings, investment, and balance of payments for South Sudan.
Key National Accounts Indicators
Gross Domestic Product
$4.8B
GDP Per Capital
$390B
Gross National Income
$4.6B
Gross Saving Rate
8.2%
GDP Trends and Composition
GDP Growth Trends 2025
GDP by Economic Sector (2025)
Detailed National Accounts Analysis
GDP by Industry (2023)
Sectoral Contributions
| Economic Sector | Value Added (USD) | Share of GDP | Growth Rate |
|---|---|---|---|
| Agriculture, Forestry and Fishing | $730M | 15.2% | +4.3% |
| Oil and Mining | $2165M | 45.1% | -2.1% |
| Manufacturing | $86M | 1.8% | +3.4% |
| Construction | $154M | 3.2% | +8.9% |
| Services | $$1238M | 25.8 | +6.8% |
| others | $$427M | 8.9% | +4.2% |
Structural Transformation
The economy remains heavily dependent on the oil sector, which contributes 45.1% to GDP. However, the services sector is showing strong growth at 6.8%, indicating some diversification. Agriculture maintains steady growth, while manufacturing remains underdeveloped.
Savings and Investment
Gross Savings and Investment (2023)
| Indicator | 2021 | 2022 | 2023 | As % of GDP (2023) | Trend |
|---|---|---|---|---|---|
| Gross National Savings | $385M | $395M | $425M | 8.9% | ▲ Improving |
| Gross Fixed Capital Formation | $720M | $750M | $810M | 16.9% | ▲ Increasing |
| Change in Inventories | $45M | $35M | $40M | 0.8% | ▲ Stable |
| Savings-Investment Gap | -$290M | -$320M | -$345M | -7.2% | ▼ Widening |
| Net Lending/Borrowing | -$280M | -$320M | -$355M | -8.2% | ▲ Improving |
Savings-Investment Gap
The economy continues to experience a significant savings-investment gap of -7.2% of GDP, indicating that domestic investment exceeds domestic savings. This gap is financed through external borrowing and foreign direct investment, creating dependency on external financing.
Investment Composition
Gross fixed capital formation has increased to 16.9% of GDP, though this remains below the level needed for sustained economic development. Public investment accounts for approximately 60% of total investment, highlighting the government's role in capital formation.
Quarterly National Accounts
Quarterly GDP Growth (2023-2024)
Quarterly Economic Performance
Q1 2024 Performance
GDP grew by 3.5% year-on-year in Q1 2024, driven by strong performance in the services sector and recovery in agricultural production.
Oil Sector Dynamics
Oil production stabilized in Q1 2024 after declines in late 2023, though the sector continues to face operational challenges.
Non-Oil Sector Growth
Non-oil sectors expanded by 7.2% in Q1 2024, with construction and services leading the growth, indicating economic diversification.
Inflation Impact
While nominal GDP growth was strong, real GDP growth was moderated by persistent inflationary pressures affecting consumption patterns.
Outlook for 2024
The economy is projected to grow by 3.8% in 2024, supported by continued recovery in non-oil sectors and stable oil production. However, risks remain from external shocks and domestic fiscal challenges.
Related Resources
National Accounts Report 2023
Comprehensive analysis of GDP and national income accounts.
Download PDFNational Accounts Data Dashboard
Interactive national accounts data visualization platform.
Access DashboardNational Accounts Methodology
Understanding national accounts compilation methods and standards.
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