Housing Finance in South Sudan

Overview

This profile is also available in French here.

To download a pdf version of the full 2022 South Sudan country profile, click here.

South Sudan’s population was 11,381,377 in 2021, slower than Sub-Saharan Africa (2.6%). Between 2013 and 2020, conflict killed 400 000 people and displaced 2.2 million.(21% city) Urban Juba is 18% 4/5 are poor. Rural poverty is higher (54.2%).

Natural disasters and pandemics hurt the economy. In 2018/19, the GDP rose 13.2% but fell 6%. Pandemic-related transportation restrictions affected the service industry. Floods destroyed 40.000 metric tonnes (3.6%) of cereal in 2021. Arriving bugs. Floods and locusts hurt GDP and food security. 2020–21, the national debt was $2.743 trillion, or 48.7% of GDP. Inflation fell from 70% to 22.8% in 2022. Currency controls helped economies.

South Sudanese earn $1.90 a day, making housing expensive. 91% of urban residents lived in grass-thatched slums in 2018. UN-Habitat South Sudan offers 80 m2 prefabs. In cities, grass-thatched cottages are the cheapest. Tukuls of 28 m2 cost $6.40 (SS£3,250).Rain, flooding, and drought make maintenance expensive. The majority of mud hut dwellers chose SS£25,000 (US$49) 80-square-meter prefabs.The desert heat makes these durable, high-quality homes energy-intensive.

Bank assets account for 16% of GDP (0.3%). Bank assets are 6.7% joint ventures. Rural areas lack banking. 1% of Americans had accounts in 2016. No recent bank account openings 2019 had 104.95 debtors per 1,000 adults; 2022 had 81.65. The 2018 peace agreement boosted 2019, but the epidemic regressed. 1.4 commercial bank branches per 100,000 adults by 2020. There are few ATMs and loans per 1,000 adults. Luxury finance ARMs In 2006, 2009, and 2013, KCB entered South Sudan. Equity Bank lends commercially and residentially. Residential and commercial paybacks are 20 and 10 years. Accessible loan types include built-home, construction, land, and commercial. Mortgage terms affect banks. 2017 saw 1,000 mortgages in South Sudan. 18240 mortgages in each country. land, homes, and construction are financed. South Sudan’s average loan was $5,000, versus $52,500 in Uganda and $73,000 in Rwanda. South Sudanese borrowers got 20 years at 16%–21% interest from East African lenders. In 24 months, land loans cover 85% of property costs and building loans cover 80%.

Find out more information on the housing finance sector of South Sudan, including key stakeholders, important policies and housing affordability:


Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2022 edition, which has up-to-date profiles for 55 African countries.

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