Sao Tome and Principe's Macroeconomic Analysis:
Nominal GDP of USD 0.5 billion in 2022.
Nominal GDP of USD 0.5 billion in 2020.
GDP per capita of USD 2,186 compared to the global average of USD 10,589.
GDP per capita of USD 2,399 compared to the global average of USD 10,589.
Average real GDP growth of 3.2% over the last decade.
Average real GDP growth of 3.3% over the last decade.
Main Economic Indicators
Economic growthThe economy recorded average annual growth of 3.3% in the decade to 2020. To read more about GDP growth in Sao Tome and Principe, go to our dedicated page.
Fiscal policy
Sao Tome and Principe's fiscal deficit averaged 4.5% of GDP in the decade to 2020. Find out more on our dedicated page.
Inflation
Inflation averaged 8.5% in the decade to 2022. Go to our Sao Tome and Principe inflation page for extra insight.
Monetary Policy
Sao Tome and Principe's monetary policy rate ended 2022 at 10.00%, down from 14.00% a decade earlier. See our Sao Tome and Principe monetary policy page for additional details.
Exchange Rate
From end-2012 to end-2022 the dobra weakened by 19.1% vs the U.S. dollar. For more info on the dobra, click here.
Sao Tome and Principe Economic Forecasts
Projections out to 2034.35 indicators covered including both annual and quarterly frequencies.
Consensus Forecasts based on a panel of 3 expert analysts.
Want to get insight on the economic outlook for Sao Tome and Principe in the coming years? FocusEconomics collects projections out to 2034 on 35 economic indicators for Sao Tome and Principe from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts, and averaged to provide one Consensus Forecast you can rely on for each indicator. This means you avoid the risk of relying on out of date, biased or outlier forecasts. Our Consensus Forecasts can be visualized in whichever way best suits your needs, including via interactive online dashboards , direct data delivery and executive-style reports which combine analysts' projections with timely written analysis from our in-house team of economists on the latest developments in the Sao Tome and Principe economy. To download a sample report on the Sao Tome and Principe's economy, click here. To get in touch with our team for more information, fill in the form at the bottom of this page.