Sudan’s war collapses economy, forcing companies to close

A devastating war has forced one-third of Sudan’s companies to shut down, pushing the country into an unprecedented economic crisis.

International data shows Sudan’s economy has contracted by 40 percent, crippling production, trade and essential public services.

Thousands of factories and local businesses have closed amid widespread insecurity, deepening the country’s economic collapse.

The breakdown of supply chains has halted interstate transport and driven shipping costs up by 280 percent.

Essential goods have disappeared from fragile markets, while remaining supplies are sold at prices beyond the reach of most citizens.

With livelihoods destroyed, millions of Sudanese now depend heavily on remittances from relatives living abroad to survive.

Severe liquidity shortages have crippled banks, leaving many citizens unable to access cash as the financial system deteriorates.

Smuggling networks controlling gold and gum arabic have expanded the shadow economy, further undermining legitimate local commerce.

Experts warn that the prolonged war has pushed Sudan’s economy back by more than three decades.

The widening gap between official and parallel exchange rates is placing further pressure on the currency, with no immediate relief in sight.

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