household debts in Sao Tome and Principe

Gross debt in Sao Tome and Principe

The government debt of Sao Tome and Principe refers to the debt of the state proper, but not its federal states, municipalities and institutions.

The government debt in the period from 2001 to 2021 was between 110.1 million and 403.5 million USD. The highest level within the past 20 years was reached in 2005. However, the liabilities in 2021 have been only 381 million USD

Based on the number of inhabitants, this is a debt of 1,709 USD per person. For comparison, the average debt per person in the same year in the European Union was 31,701 USD.

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Gross debt for the last 20 years in millions of USD

YearSao Tome and Principe total% of GDPper capitaEU per capita
2001311.51 M USD410.14%2,152 USD9,104 USD
2002308.65 M USD362.38%2,093 USD10,039 USD
2003332.38 M USD325.59%2,210 USD12,356 USD
2004398.04 M USD347.38%2,589 USD14,056 USD
2005403.55 M USD295.75%2,563 USD14,655 USD
2006384.98 M USD269.64%2,381 USD15,092 USD
2007154.83 M USD103.81%931 USD16,757 USD
2008110.09 M USD58.55%643 USD19,361 USD
2009136.01 M USD72.42%773 USD20,190 USD
2010156.41 M USD79.54%867 USD21,506 USD
2011180.61 M USD78.02%979 USD24,311 USD
2012203.14 M USD81.04%1,078 USD23,897 USD
2013213.85 M USD71.15%1,113 USD26,085 USD
2014240.69 M USD69.46%1,230 USD26,871 USD
2015271.18 M USD85.80%1,348 USD22,892 USD
2016329.25 M USD95.30%1,609 USD23,468 USD
2017322.42 M USD85.84%1,550 USD24,441 USD
2018387.08 M USD93.89%1,832 USD26,205 USD
2019305.89 M USD71.57%1,425 USD25,151 USD
2020384.53 M USD81.37%1,759 USD28,902 USD
2021381.18 M USD72.38%1,709 USD31,701 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Sao Tome and Principe       European Union

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