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South Sudan: GDP (constant 2015 US$)

In , South Sudan's GDP (constant 2015 US$) was $12.00 billion.

That's down 10.8% from 2014, the highest value since .

The global average for this indicator in 2015 was $497.78 billion .

Source: World Bank Open Data (NY.GDP.MKTP.KD) • Data as of 2015

Trend (2008–2015)

South Sudan GDP (constant 2015 US$) trend 2008: Global financial crisis 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2014 · Oil price collapse

Highlights

Peak
$22.37B
Trough
$11.50B
1-year change
-10.8%
5-year change
-46.4%
-11.7% / yr

Historical Data — Last 10 Years

Year GDP (constant 2015 US$)
11.998B
13.449B
13.011B
11.501B
21.330B
22.368B
21.203B
20.185B

About GDP (constant 2015 US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.MKTP.KDCategory: Economy

How to read GDP figures: GDP (Gross Domestic Product) is measured in current US dollars, which means values change both due to real economic growth and currency fluctuations. A more useful comparison across countries is GDP per capita, which divides GDP by population. For growth trends, check GDP growth (annual %).

Frequently asked questions

What was South Sudan's GDP (constant 2015 US$) in 2015?
In 2015, South Sudan's GDP (constant 2015 US$) was $12.00 billion, according to World Bank Open Data.
Is South Sudan's GDP (constant 2015 US$) rising or falling?
South Sudan's GDP (constant 2015 US$) fell 10.8% from 2014 to 2015.
How does South Sudan's GDP (constant 2015 US$) compare to the world average?
The global average for GDP (constant 2015 US$) in 2015 was $497.78 billion, so South Sudan is below the world average.
What is GDP (constant 2015 US$) and how is it measured?
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (NY.GDP.MKTP.KD), CC BY 4.0.