Gaining its independence from Sudan in 2011, South Sudan is known to be the world’s youngest population. Even though the country’s main export is crude petroleum, the country is still in need of humanitarian assistance.
Africa HR Solutions can assist organizations looking to expand in South Sudan, even without a registered in-country entity. Our solutions include Professional Employer Organisation (PEO), Employer of Record, payroll, and other ancillary services.
Country Profile - South Sudan
Population: 11.0 mn
Gross Domestic Product (GDP): $1 bn
GDP Growth: -3.6%
Foreign Direct Investment (% of GDP): 4.355%
Unemployment Rate: 12.7%
Currency: South Sudanese Pound
South Sudan's Economy
South Sudan is dependent on the neighbouring economies for its supplies of food, construction materials and other consumer goods. Trade is liberalised in South Sudan, and the country is a fundamental trading partner for Uganda and Kenya. The major export of Sudan is crude petroleum. Other exports consist of gum Arabic as well. Due to food insecurity and the under-developed manufacturing industry, the country imports many items including foodstuffs, motorvehicles, machinery among others. In July 2011, the Republic of South Sudan became the world’s newest nation and Africa’s 55th country. The country is a member of the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC).
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