Doing Business & Company Registration in South Sudan
South Sudan at a Glance | Country Overview
South Sudan is ranked 185 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of South Sudan remained unchanged at 185 in 2019 from 185 in 2018.
South Sudan is an East Central African country that is landlocked. It shares borders with Uganda, the Democratic Republic of the Congo, and Kenya to the south, Sudan to the north, the Central African Republic to the west, and Ethiopia to the east. Although English is the official language, Arabic is widely spoken. It has a religious mix of Christian and Muslim. It has a hybrid legal system that is based on Islamic (sharia) law. It has an area size of 0.644 million SQ KM.
Broad Economic Overview:
The economy of South Sudan is reliant on crude oil, subsistence farming. Oil accounts for over 98 percent of governmental income. Natural resources found in abundance in South Sudan include crude oil, limestone, iron ore, copper, chromium ore, zinc, tungsten, mica, silver, gold, and diamonds. Natural resources are largely still untapped. The third-largest oil deposits in Sub-Saharan Africa are found in South Sudan. South Sudan depends on Sudan to transfer oil through Sudan’s pipeline to the oil terminal at Port Sudan facilities in the Red Sea state of Sudan because to a lack of infrastructure and its location as a landlocked country.