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Sao Tome and Principe GDP and Economic Data

Country Report 2017 - Includes Sao Tome and Principe real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Sao Tome and Principe economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Sao Tome and Principe best banks and safest banks are also available.

Featured image for Sao Tome and Principe GDP and Economic Data
 
 
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Central bank

Central Bank of São Tomé and Príncipe

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International Reserves

USD 0.07 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

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Gross Domestic Product - GDP

USD 0.4 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 0.7 billion (2017, estimate)

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Real GDP growth
2006 2007 2008 2009 2010 2011 2012
9.1% 0.6% 8.1% 4% 4.5% 4.8% 4.5%
2013 2014 2015 2016* 2017*    
4% 4.5% 4% 4% 5%    

*Estimate

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GDP per capita - current prices

USD 1,763.0 (2017, estimate)

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GDP per capita - PPP

Intl$ 3,504.2 (2017, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.0% 0.0% N/A 0.0% 0.001%

*Estimate

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GDP - composition by sector
  • agriculture: 22.4% 
  • industry: 10.3% 
  • services: 67.4%

(2016 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2013 2014 2015 2016* 2017*
8.1% 7.0% 5.3% 3.9% 3.5%

*Estimate

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Unemployment rate
2013 2014 2015 2016* 2017*
13.7% 13.5% 13.0% 12.6% 12.2%

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
71.4% 68.9% 82.3% 90.8% 96.5%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
1.9% -5.5% -6.3% -2.1% -3.8%

*Estimate  

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.1 billion (2017 estimate)

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Current account balance by percentage of GDP

-13.3% (2017 estimate)

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Exports as percent of GDP (Exports of goods and services)

N/A

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Shares in world total merchandising export

0.0% (2015)

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Shares in world total commercial services export

0.001% (2015)

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Total exports

USD 11.0 million (2016 estimate)

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Export commodities

Cocoa 80%, copra, coffee, palm oil (2010 estimate)

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Total imports

USD 0.1 billion (2016 estimate)

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Import commodities

Machinery and electrical equipment, food products, petroleum products

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Exports - major partners

Netherlands 29.2%, Belgium 22.4%, Spain 15.5%, US 6.6%, Nigeria 5.1% (2015)

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Imports - major partners

Portugal 65.2%, China 8.1%, Gabon 7.3% (2015)

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FDI inflows
2013 2014 2015
USD 5.8 million USD 27.1 million USD 28.5 million
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FDI outflows
2013 2014 2015
USD 0.9 million USD 3.9 million USD 2.7 million
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 162 out of 190 countries (2017)

Subcategories:

​​Starting a business: 35 out of 190 countries

Enforcing Contracts: 181 out of 190 countries

Registering Property: 161 out of 190 countries

Getting Credit: 185 out of 190 countries

Protecting Minority Investors: 183 out of 190 countries

Trading Across Borders: 122 out of 190 countries

Paying Taxes: 127 out of 190 countries

Dealing with Construction Permits: 121 out of 190 countries

Getting Electricity: 119 out of 190 countries

Resolving Insolvency: 158 out of 190 countries

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 120 / Score: 56.71 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

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Time zone

UTC 0

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Total area

964 sq km

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Capital

Sao Tome

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Currency

Dobras (STD)

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Government type

Semi-presidential republic

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Languages

Portuguese 98.4% (official), Forro 36.2%, Cabo Verdian 8.5%, French 6.8%, Angolar 6.6%, English 4.9%, Lunguie 1%, other (including sign language) 2.4% (2012 est.)

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Religions

Catholic 55.7%, Adventist 4.1%, Assembly of God 3.4%, New Apostolic 2.9%, Mana 2.3%, Universal Kingdom of God 2%, Jehovah's Witness 1.2%, other 6.2%, none 21.2%, unspecified 1% (2012 est.)

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Total population
1990 2000 2010 2016* 2021*
0.114 million 0.139 million 0.178 million 0.208 million 0.232 million

*Estimate   

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Urban population as % of total population
1960 1980 2000 2015
16% 34% 53% 65%
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Population median age

18.2 years (2016 estimate)

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Population growth rate

1.78% (2016 estimate)

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Life expectancy

64.9 years (2016 estimate)

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Literacy

Total population: 74.9%
Male: 81.8%
Female: 68.4%  (2015 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

25.5% (2010)

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Inequality of wealth distribution (Gini index)

30.8 (2010)

(0=perfect equality, 100=absolute inequality)

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Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2017)                         

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

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Total telephone subscribers as % of population

Fixed 3.45%   Mobile 65.09% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

25.82% (2015)

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Mercer Cost of living index

N/A

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CO2 emissions

0.6 (2010)

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