10 Heavily Indebted Poor Countries

7. Sudan

External Debt Stocks: $22.165 billion 

GNI Per Capita: $4150

Below $2.15 Poverty Rate: 15.30%

Composite Ranking: 7

The 2011 secession of South Sudan significantly impacted Sudan’s economy, leading to the loss of a considerable portion of its oil reserves, a critical source of foreign exchange and government revenue. This loss has constrained the government’s fiscal capability, resulting in accrued debt as it struggles to meet budgetary needs. Notably, for a long time, Sudan had limited access to international markets and financing due to sanctions imposed over human rights violations and conflicts.