May 25, 2021
Estimating GDP is on going
The estimates will be vital to the government in formulating monetary and fiscal policies of the Republic of South Sudan. They are also useful for South Sudan’s partners and other users. These estimates have been agreed with the International Monetary Fund (IMF) and will be published in the World Economic Outlook – 2015.
Production of GDP and other national accounts aggregates is a continuing process for the NBS, and a number of milestones are expected to be achieving over the coming periods. In the course of next calendar year, the NBS will produce GDP by activity.
Gross National Income (GNI) for South Sudan, which shows total income received by residents of South Sudan, is calculated and the GNI estimates will be used in determining access to South Sudan’s borrowing at concessional rates under the World Bank International Development Association (IDA) window. Countries with GNI per capita $1,005 or less in 2010 are classified by the World Bank as low income, and countries eligible for IDA are those with GNI per capita lower than $1,175 in 2010.