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 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Sao Tome and Principe reached 2.158 US dollars per inhabitant, or 472.91 m US Dollar in the whole country. Sao Tome and Principe is currently at number 203 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 150.Inflation in Sao Tome and Principe was in 2018 at around 7.86%. Within the EU, the average in the same year was 2.62%. 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 in 2020
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 2020
Sao Tome and Principe Total | Sao Tome and Principe per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 472.91 m USD | 2,157.84 USD | 15,291.93 tn USD | 29,692.11 USD |
Gross national product | 452.07 m USD | 2,062.72 USD | 15,330.84 tn USD | 29,767.66 USD |
Development of gross domestic product in million US Dollar 2001 - 2020
› Debt budget development
› Development of inflation
› Corruption in Sao Tome and Principe
› Cost of living in a global comparison
› Development of inflation
› Corruption in Sao Tome and Principe
› Cost of living in a global comparison
Im- and Exports 2020
Sao Tome and Principe Total | Sao Tome and Principe per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 160.10 m USD | 730.51 USD | 7,340.01 bn USD | 14,251.98 USD |
Exports | 49.34 m USD | 225.13 USD | 7,939.04 bn USD | 15,415.11 USD |
Development of imports and exports in million US dollars 1974 - 2020
Exports
Imports