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São Tomé & Príncipe

Headline economic indicators for São Tomé & Príncipe, with the most recent official readings.

Prices

Prices — São Tomé & Príncipe
Indicator Value Change
Inflation rate · 11.0% -3.30 (-23.0%)
Consumer price index · 430.2 +42.80 (+11.0%)
GDP deflator inflation · 11.9% -5.73 (-32.4%)

GDP

GDP — São Tomé & Príncipe
Indicator Value Change
GDP growth rate · 1.0% -0.45 (-30.5%)
GDP per capita · 4,084.4 +581.78 (+16.6%)
GDP per capita, long-run history · 3,752 -69.36 (-1.8%)
GDP · 981,293,586.91 +156,301,029 (+18.9%)
GDP, PPP · 1,534,857,246 +57,022,552 (+3.9%)
GDP per capita, PPP · 6,388 +114.13 (+1.8%)
GDP per capita growth · -1.0% -0.42 (-79.9%)
GNI per capita · 3,800 +890.00 (+30.6%)
Agriculture to GDP · 12.2% -0.26 (-2.1%)
Industry to GDP · 2.2% -0.03 (-1.2%)
Manufacturing to GDP · 0.6% -0.04 (-6.7%)
Services to GDP · 81.4% +0.34 (+0.4%)
Household consumption to GDP · 101.0% +4.55 (+4.7%)
Gross capital formation to GDP · 8.7% +1.82 (+26.3%)
Gross savings to GDP · 0.2% -1.45 (-87.3%)

Labour

Labour — São Tomé & Príncipe
Indicator Value Change
Unemployment rate · 9.1% +0.07 (+0.8%)
Labour force participation rate · 23.3% -0.05 (-0.2%)
Female labour force participation rate · 22.7% -0.02 (-0.1%)
Youth unemployment rate · 8.8% +0.23 (+2.7%)
Employment to population ratio · 21.2% -0.06 (-0.3%)
Employment in agriculture · 12.1% -0.26 (-2.1%)
Employment in industry · 22.5% +0.05 (+0.2%)
Employment in services · 65.4% +0.21 (+0.3%)

Money

Money — São Tomé & Príncipe
Indicator Value Change
Real interest rate · 5.2% +5.04 (+3,451.9%)
Broad money to GDP · 21.4% +1.15 (+5.7%)
Private sector credit to GDP · 7.8% -5.04 (-39.2%)
Lending rate · 17.7% -0.09 (-0.5%)
Bank deposit rate · 2.4% -0.25 (-9.4%)
Bank nonperforming loans · 4.8% -5.21 (-52.0%)
Official exchange rate · 21.75 -0.90 (-4.0%)

Trade

Trade — São Tomé & Príncipe
Indicator Value Change
Current account to GDP · -9.3% -3.02 (-47.7%)
Exports to GDP · 13.3% -2.30 (-14.8%)
Imports to GDP · 33.3% +4.59 (+16.0%)
Trade to GDP · 46.6% +2.29 (+5.2%)
Exports of goods and services · 130,155,394.19 +1,768,336 (+1.4%)
Imports of goods and services · 326,819,594.28 +89,908,920 (+38.0%)
Trade balance, goods and services (annual) · -267,359,004.69 -143,313,672 (-115.5%)
Current account balance (annual) · -91,584,636.01 -39,471,205 (-75.7%)
Foreign direct investment to GDP · 10.5% +5.87 (+125.5%)
Remittances received to GDP · 3.7% +1.96 (+115.1%)
Total reserves, including gold · 58,787,511.78 +12,540,164 (+27.1%)
Reserves in months of imports · 2.7 +0.51 (+23.3%)
External debt to GNI · 42.7% -3.70 (-8.0%)

Government

Government — São Tomé & Príncipe
Indicator Value Change
Government consumption to GDP · 10.3% +0.52 (+5.3%)
Education spending to GDP · 5.0% -0.17 (-3.2%)
Health spending to GDP · 5.8% -0.00 (-0.0%)

Demography

Demography — São Tomé & Príncipe
Indicator Value Change
Population · 240,254 +4,718 (+2.0%)
Population, long-run history · 220 +4.13 (+1.9%)
Population growth · 2.0% -0.02 (-0.9%)
Life expectancy · 69.9 +0.19 (+0.3%)
Fertility rate · 3.60 -0.05 (-1.3%)
Birth rate · 28.1 -0.09 (-0.3%)
Death rate · 5.5 -0.04 (-0.8%)
Urban population share · 69.2% +0.30 (+0.4%)
Population aged 65 and over · 3.9% +0.04 (+1.1%)
Under-five mortality rate · 13.6 -0.50 (-3.5%)
Population density · 245.4 +4.86 (+2.0%)
Net migration · -650 -46.00 (-7.6%)
Gini index · 40.7 +9.90 (+32.1%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for São Tomé & Príncipe; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.