Source: world bank Nominal/PPP
Summary:
South Sudan GDP Per Capita contracted from 2008 to 2015, increasing from $1,654.21 to $1,080.15 .The compound annual growth rate (CAGR) averaged -5.91% over the period. The economy recorded its peak level in 2008 and its lowest level in 2015. Growth volatility remained high. The maximum drawdown reached 34.7%, indicating the largest cyclical decline from peak levels. The country experienced 3 recession episode(s) during the observed period.
South Sudan Economic Phases (2008 - 2015)
From 2008 to 2015, South Sudan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- Crisis (2014–2015) indicating severe economic downturn
The most remarkable growth occurred in 2013 with an increase of 48.765%, while the largest decline was in 2014 at -24.691%.