Ratio of GNP to GDP for Sudan
GNPGDPSDA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.16
Year-over-Year Change
-6.80%
Date Range
1/1/1960 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Sudan measures the relationship between the total economic output produced by Sudanese citizens and the total economic output produced within Sudan's borders.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This ratio provides insight into Sudan's economic structure and the role of foreign earnings. It can indicate the degree to which the Sudanese economy relies on income from abroad versus domestic production.
Methodology
The data is calculated by the U.S. Federal Reserve using official statistics from the Sudanese government.
Historical Context
Economists and policymakers monitor this ratio to assess Sudan's economic performance and external sector dynamics.
Key Facts
- Sudan's GNP-to-GDP ratio averaged 1.04 from 1990 to 2021.
- The ratio indicates Sudan earns slightly more from foreign sources than domestic production.
- The ratio peaked at 1.09 in 2011 as Sudan lost oil-producing regions after South Sudan's independence.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Sudan measures the relationship between the total economic output produced by Sudanese citizens and the total economic output produced within Sudan's borders.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into Sudan's economic structure and the role of foreign earnings, indicating the degree to which the Sudanese economy relies on income from abroad versus domestic production.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using official statistics from the Sudanese government.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this ratio to assess Sudan's economic performance and external sector dynamics.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological changes of the Sudanese government's statistical agencies.
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Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Sudan (GNPGDPSDA156NUPN), retrieved from FRED.