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Economy of South Sudan

Economy of South Sudan

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South Sudan has a developing economy that is considered low-income and highly dependent on its energy sector. The nation became the world's newest as Africa's 55th state in 2011, which sparked an extended civil war in 2013, lasting until 2018. This armed conflict undermined economic development achieved since independence, making humanitarian work difficult to conduct within the country. The economy has faced stagnation and political instability since the 2020s with widespread poverty. The South Sudanese economy generates $6.03 billion by nominal gross domestic product (GDP) as of 2026. It is one of the most oil dependent economies in the world, with nearly 80% of GDP linked to the oil industry. It has fertile agricultural land and vast quantities of livestock. The livestock includes over 60 million cattle, sheep and goats. Instability and corruption in the country continue to hinder development. South Sudan is one of the least developed countries with most cities lacking electricity, running...

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