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Financial Sector Overview

Sudan officially the Republic of the Sudan, is a country in Northeast Africa. It is bordered by Egypt to the north, the Red Sea to the northeast, Eritrea to the east, Ethiopia to the southeast, South Sudan to the south, the Central African Republic to the southwest, Chad to the west, and Libya to the northwest.

It houses 37 million people (2017) and occupies a total area of 1,861,484 square kilometres (718,722 square miles), making it the third-largest country in Africa. Sudan's predominant religion is Islam, and its official languages are Arabic and English. The capital is Khartoum, located at the confluence of the Blue and White Nile.

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At a Glance

Source
Population in thousands (2017): 40,533.33
GDP per capita (current US$) 2017 - World Average 10,721.61: 2,898.55
Account (%) age 15+) - (2014 vs 2017): 15% (2014)
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.49 | 0.56
Financial Inclusion Strategies: n/a
Domestic credit provided by financial sector (% of GDP) 2017: 23.33
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 12% (2014)
Remittances % of GDP for 2017: 0.002
Mortgage Interest Rate / Mortgage Term (years): 12% | 30

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Latest News & Events

Apr 13, 2019 | The EastAfrican; All Africa
East African countries received $17.38 billion from their citizens living abroad between 2013 and 2018, as foreign remittances outpaced foreign…

Latest Publications

Aug 31, 2016 | M. Khaled, K. Beshay | Sanabel, IFC
Oct 31, 2015 | M. Obaidullah, N. S. Shirazi | Islamic Development Bank Group (IsDB)
Jun 30, 2014 | J. Gobat, M. Yanase, J. Maloney | IMF
May 31, 2014 | J.A. Chattha, W.N.W.A. Halim | Islamic Financial Services Board (IFSB)
Oct 28, 2013 | J. Anson, A. Berthaud, L. Klapper et al. | The World Bank
Jul 31, 2013 | The World Bank | The World Bank