Page 539 - 2016 - Vol. 40

moved from a low income economy into a lower medium
income economy according to World Bank classification
(Mohamed nour, 2011).

Oil has led to a significant positive impact on gross
domestic product (GDP) as perceived from the impact of
oil in the structure of the Sudanese economy and macro-
economic indicators as measured by the share of oil in
GDP, its growth rate and its composition. For instance, we
observe the increasing impact of oil as measured by the
rapid and continuous increase in the contribution of the oil
sector in GDP from 1 % in 999 to 10% in 2004. Moreover,
oil has led to positive impact in real GOP growth, for
instance, the average rate of growth of GDP increased from
6.2% to 6.8%, 8%, 10%, 9% and 9.6% over the periods
(1997-1999); (2000-2009); (2005; 2006); (2005-2007) and
(2006-2008) respectively, putting Sudan among the fastest
growing economies in the region. Moreover, oil has led to
structural change in the composition of GDP, as the
dividends from oil exportation have caused major
transformations and structural changes in the economy. The
structure of the Sudanese economy has shifted over time
from being predominantly reliant on agriculture for growth

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