Sudan: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Sudan |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | -9.10 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1990 - 2023 |
| Average | -5.06 |
| Min - Max | -26.48 - 0.77 |
| Source | African Development Bank |
The latest value from 2023 is -9.1 percent, a decline from -1.7 percent in 2022. In comparison, the world average is -2.78 percent, based on data from 138 countries. Historically, the average for Sudan from 1990 to 2023 is -5.06 percent. The minimum value, -26.48 percent, was reached in 1991 while the maximum of 0.77 percent was recorded in 2003.
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 16.18 | 2023 | percent |
| Government spending, in dollars | 17.69 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -9.10 | 2023 | percent |
| Government debt | 189.60 | 2021 | percent |
| Tax revenue | 7.39 | 2016 | percent |
| Commercial tax rate | 45.40 | 2019 | percent |
| Tax preparation time | 180 | 2019 | hours |
| Number of taxes | 42 | 2019 | taxes |
| Taxes on goods and services | 59.79 | 2016 | percent |
| Taxes on international trade | 15.65 | 2016 | percent |
| Income and profits taxes | 5.85 | 2016 | percent |
| Foreign aid | 1,558.41 | 2022 | million U.S. dollars |