As the various industries have declined, the South Sudanese finance sector has taken a particularly hard hit, owing to the COVID-19 outbreak. South Sudan's economic growth rate fell between 2015 and 2018. Furthermore, the decline in cash flow has resulted in a decrease in revenue generated by the private sector.
In addition, the population of South Sudan has been growing, causing poverty. With the increase in population, so does the demand for employment. Since the COVID-19 outbreak, the emphasis has been on healthcare services. However, the health-care system is doing everything possible to provide the best possible care to its patients.
The main exports of South Sudan are crude oil and gold. When the country's most valuable exports are added together, they account for up to 98.8% of total exports. Certain factors, such as an increase in export, are expected to boost industry revenue.
The internet has also been a boon to various industries, causing changes in some. Because crude oil and gold are the primary exports, the country's priority is to increase crude oil and gold exports. South Sudan has internet access, which allows them to receive daily updates.
South Sudan, like many other countries, has seen a decline in the retail sector. There are numerous factors that influence the retail sector, and as a result, there have been price and expenditure changes. South Sudan's economic environment is also unstable.