The monthly minimum wage in South Sudan is not regulated by the government. South Sudan has a public debt equivalent to 92.6% of the country's gross domestic product (GDP), estimated in 2010. In terms of consumer prices, the inflation rate in South Sudan is 1.7%. The currency of South Sudan is the South Sudanese pound. The plural form of the word South Sudanese pound is pound. The symbol used for this currency is £ and is abbreviated as SSP. The South Sudanese pound is divided into piasters; there are 100 in a pound. Corporate tax in South Sudan is 15%. Personal income tax ranges from 0% to 15% depending on your specific situation and income level. The VAT in South Sudan is 15%. In 2013, South Sudan received US$1578 million in foreign aid. In 2014, foreign aid amounted to $1088.
Gross domestic product Total Gross Domestic Product (GDP) calculated as Purchasing Power Parity (PPP) in South Sudan is US$23,496 billion. The gross domestic product (GDP) per capita calculated in Purchasing Power Parity (PPP) in South Sudan was last at $1,818,709. PPP in South Sudan is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in South Sudan is 11,804 billion. Based on this statistic, South Sudan is considered to be medium strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Gross domestic product (GDP) per capita in South Sudan was last seen at $913,689. The average citizen in South Sudan has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in South Sudan averaged -12.3% in 2014. According to this percentage, South Sudan is currently experiencing a significant decline. Countries experiencing significant declines could see dramatic declines in personal consumption, employment rates and personal income. A significant drop in GDP should warn investors that this location is high risk and should not be considered a safe place to invest.