South Sudan to be World’s Fastest-Growing Economy in 2025, Says IMF

In a stunning turnaround, South Sudan will be the world’s fastest-growing economy in 2025 with a mind-boggling growth rate of 27.2%, the International Monetary Fund (IMF) forecasts.

This follows a record 26.4% drop in 2024, and is driven by the resumption of oil exports after pipeline repairs, which will enhance government revenues and economic stability.

The latest forecast from the IMF illustrates that the economy of South Sudan is about to witness a dramatic turn-around as the country’s growth rate is faster than that of other rapidly growing economies globally.

This is a confirmation of the ability of the nation to develop and grow economically, despite its challenges over the last several years.

The efforts by the government to diversify the economy through mining, agriculture, and trade expansion are also likely to assist the nation in growth. However, despite this good future, South Sudan still faces serious challenges including hyperinflation, food shortages, and economic instability.

For this growth to continue, the government will need to implement effective policies and reforms in the long-term to neutralize these challenges so that economic growth touches every South Sudanese.

The IMF estimate is a respite to South Sudan, and shows the potential of the country to grow and develop economically.

Key Points:

* South Sudan will be the world’s leading fastest-growing economy in 2025, with a 27.2% growth rate, according to the IMF
* The country’s growth is made possible by the recovery of oil exports following pipeline