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Indicators of economy in Sao Tome and Principe

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Sao Tome and Principe, on the other hand, reached USD 2.449 per capita, or 547.09 million USD in the whole country. Sao Tome and Principe is currently at number 202 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Sao Tome and Principe is in the list of the world's richest countries in place 139.

Inflation in Sao Tome and Principe was in 2018 at around 7.86%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 100.0% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Sao Tome and Principe

Impact of the Covid-19 pandemic

Overall, the gross domestic product in Sao Tome and Principe in 2020 increased from 427.43 million US Dollar to 472.91 million US Dollar. Certainly, there have been shifts in numerous sectors of the economy, but a 10.64 percent increase has been rather unusual this year. While most countries have suffered significant losses, Sao Tome and Principe has certainly held its own. The unemployment rate rose from 14.1 to 15.7 percent.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Sao Tome and Principe
Total
Sao Tome and Principe
per capita
EU
Total
EU
per capita
GDP547.09 m USD2,449.33 USD17.09 tn USD33,228.68 USD
Gross national product510.15 m USD2,283.95 USD16.78 tn USD32,621.03 USD


Development of gross domestic product in million US Dollar 2001 - 2021



Im- and Exports 2020

 Sao Tome and Principe
Total
Sao Tome and Principe
per capita
EU
Total
EU
per capita
Imports160.10 m USD716.77 USD8,916.24 bn USD17,337.55 USD
Exports49.34 m USD220.90 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in millions of USD 1974 - 2020

Exports
Imports



Sao Tome and Principe: AirportsThe 2 airports in Sao Tome and PrincipeThe 2 biggest airports in Sao Tome and Principe (São Tomé Int'l. and Principe)
Pariah StatesList of the 11 current Pariah States11 countries, that suffer from the sanctions of the international community because of their mostly autocratic government.
Netherlands: Public HolidaysPublic holidays in the Netherlands 2022-2026Statutory and inofficial holidays in the Netherlands for 2022 to 2026