GFmag Online Readers Survey 2012
Sao Tome and Principe


Sao Tome and Principe Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Sao Tome and Principe; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bankN/A
International ReservesN/A
Gross Domestic Product - GDPUS$ 215 million (2006 estimate)
GDP (Purchasing Power Parity)330 million of International dollars (2006 estimate)
Real GDP growth
20002001200220032004200520062007
0.4%3.1%11.6%5.4%6.6%5.7%6.7%6%
2008200920102011*
5.8%4%4.5%5%

*Estimate

GDP per capita - current pricesUS$ 1,282 (2006 estimate)
GDP per capita - PPP$1,964 International Dollars (2006 estimate)
GDP (PPP) - share of world total
19801990200020102015**
0%N/AN/AN/A0%

**Forecast

GDP - composition by sector
  • agriculture: 14.6% 
  • industry: 23.8% 
  • services: 61.7% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)N/A

(Data released on November 2010)

Inflation
2008200920102011*
26.1%(2008)17%14.4%10.6%

*Estimate

Unemployment rate
2008200920102011*
13.3%12.9%12.5%(2009)12%

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
104.1%63.8%35%78.1%89%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
121.6%14.9%-19.1%-14.6%3.8%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
N/AN/AN/A
Largest companies in Sao Tome and PrincipeN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ -0.1 billion (2009 estimate)(After 2008)
Current account balance by percentage of GDP-44.7% of GDP (2006 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

N/A

(Data released on December 2010)

Shares in world total merchandising export0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$13 million f.o.b. (2010 estimate)
Export commoditiescocoa 80%, copra, coffee, palm oil
Total importsUS$91 million f.o.b. (2008 estimate)
Import commoditiesmachinery and electrical equipment, food products, petroleum products
Exports - major partnersNetherlands 23.7%, Belgium 23.7%, France 12.9%, US 5.9%, Portugal 4.1% (2007)
Imports - major partnersPortugal 62.2%, US 11.6%, Gabon 4.5% (2007)
FDI inflows
200820092010
US$33 millionUS$14 million(2009)US$3 million(2009)
FDI outflows
200820092010
US$7 millionUS$4 millionUS$5 million
Value of cross-border M&A, by country of purchaser
2008200920102011
N/AN/A(2009)N/A(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 178 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 177 out of 183 countries(2009)

Registering property: 161 out of 183 countries

Paying Taxes: 135 out of 183 countries

Getting credit: 176 out of 183 countries

Protecting investors: 154 out of 183 countries

Trading across border: 92 out of 183 countries

Enforcing Contracts: 179 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)
N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 150 Score: 49.5 (Repressed) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC 0
Total area 964 km2 (2006)
CapitalSao Tome (2009)
Currencydobras (STD) (2009)
Government typerepublic (2009)
LanguagesPortuguese (official)
ReligionsCatholic 70.3%, Evangelical 3.4%, New Apostolic 2%, Adventist 1.8%, other 3.1%, none 19.4% (2001 census)
Total population
1980199020002010*2015**
0.09 million0.12 million0.14 million0.17 million0.18 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
16.1%33.5%53.4%61.4%
Population median age19.0 years (2006)
Population growth rate1.6% (2009)
Life expectancy65 years (2007)
Adult literacy88% (2000/2007)
% of population living on less than $2 a day55.94% (2011)
Inequality of wealth distribution (Gini index)

50.8 (2001)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:2 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

66.6% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population18.75% (Data were released in 2011 and refer to 2010)
Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.7991 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE