Current account balance as a proportion of GDP in Sao Tome and Principe
Sao Tome and Principe: Current account balance as a proportion of GDP was 5.0% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Sao Tome and Principe, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Sao Tome and Principe is 5.0%, measured in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 66.8% on the previous year and up 114.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Sao Tome and Principe peaked at 5.0% in 2024 and was at its lowest, -49.7%, in 2008.
That places Sao Tome and Principe 39th out of 204 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Sao Tome and Principe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -26.4% | — |
| 2001 | -35.5% | +34.8% |
| 2002 | -31.2% | -12.1% |
| 2003 | -27.8% | -11.1% |
| 2004 | -32.3% | +16.5% |
| 2005 | -26.5% | -17.9% |
| 2006 | -40.4% | +52.2% |
| 2007 | -43.1% | +6.8% |
| 2008 | -49.7% | +15.3% |
| 2009 | -39.3% | -21.1% |
| 2010 | -46.1% | +17.4% |
| 2011 | -46.7% | +1.3% |
| 2012 | -43.8% | -6.3% |
| 2013 | -30.4% | -30.5% |
| 2014 | -35.5% | +16.5% |
| 2015 | -26.4% | -25.5% |
| 2016 | -21.0% | -20.4% |
| 2017 | -22.7% | +8.0% |
| 2018 | -19.6% | -13.8% |
| 2019 | -21.8% | +11.3% |
| 2020 | -12.6% | -42.0% |
| 2021 | -18.2% | +43.6% |
| 2022 | -4.7% | -73.9% |
| 2023 | 3.0% | -163.9% |
| 2024 | 5.0% | +66.8% |
Sao Tome and Principe compared with similar countries
- Sao Tome and Principe's 5.0% is above the median for lower middle income countries, which is -0.8%. (43 countries reporting)
- Sao Tome and Principe's 5.0% is above the median for Sub-Saharan Africa, which is -4.1%. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -35.2% | -49.7% | -26.4% | 10 |
| 2010s | -31.4% | -46.7% | -19.6% | 10 |
| 2020s | -5.5% | -18.2% | 5.0% | 5 |
Countries ranked near Sao Tome and Principe
More economy & growth data for Sao Tome and Principe
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.35 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.83 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 16.27 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -16.68 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 35.34 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0202 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -70.83 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.12 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Sao Tome and Principe?
- Current account balance as a proportion of gdp in Sao Tome and Principe was 5.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Sao Tome and Principe?
- The highest recorded value was 5.0% in 2024.
- What is the lowest current account balance as a proportion of gdp recorded in Sao Tome and Principe?
- The lowest recorded value was -49.7% in 2008.
- How does Sao Tome and Principe rank for current account balance as a proportion of gdp?
- Sao Tome and Principe ranks 39th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Sao Tome and Principe?
- Over the last ten years it is up 114.2%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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