Debt service as a share of exports of good and services in Sao Tome and Principe
Sao Tome and Principe: Debt service as a share of exports of good and services was 5.0% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Sao Tome and Principe, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for debt service as a share of exports of good and services in Sao Tome and Principe is 5.0%, measured in 2023.
Compared with earlier readings it is down 30.3% on the previous year and down 53.3% over ten years.
Over the whole period, debt service as a share of exports of good and services in Sao Tome and Principe peaked at 40.1% in 2004 and was at its lowest, 2.5%, in 2016.
Sao Tome and Principe ranks 84th of 116 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Sao Tome and Principe, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.5% | — |
| 2001 | 24.0% | +17.4% |
| 2002 | 22.4% | -7.0% |
| 2003 | 26.2% | +17.3% |
| 2004 | 40.1% | +52.9% |
| 2005 | 37.1% | -7.3% |
| 2006 | 31.5% | -15.1% |
| 2007 | 30.6% | -3.1% |
| 2008 | 10.7% | -65.0% |
| 2009 | 9.9% | -7.6% |
| 2010 | 5.7% | -42.4% |
| 2011 | 4.7% | -18.1% |
| 2012 | 33.3% | +615.5% |
| 2013 | 10.7% | -67.8% |
| 2014 | 13.8% | +28.6% |
| 2015 | 2.8% | -79.5% |
| 2016 | 2.5% | -11.3% |
| 2017 | 4.0% | +61.0% |
| 2018 | 4.6% | +14.4% |
| 2019 | 11.6% | +150.0% |
| 2020 | 5.4% | -53.6% |
| 2021 | 3.9% | -27.8% |
| 2022 | 7.2% | +85.8% |
| 2023 | 5.0% | -30.3% |
Sao Tome and Principe compared with similar countries
- Sao Tome and Principe's 5.0% is below the median for lower middle income countries, which is 7.1%, 71% of the median. (43 countries reporting)
- Sao Tome and Principe's 5.0% is below the median for Sub-Saharan Africa, which is 9.1%, 55% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Debt service as a share of exports of good and services in Sao Tome and Principe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +615.5% | 4.7% | 33.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.3% | 9.9% | 40.1% | 10 |
| 2010s | 9.4% | 2.5% | 33.3% | 10 |
| 2020s | 5.4% | 3.9% | 7.2% | 4 |
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 debt service as a share of exports of good and services in Sao Tome and Principe?
- Debt service as a share of exports of good and services in Sao Tome and Principe was 5.0% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Sao Tome and Principe?
- The highest recorded value was 40.1% in 2004.
- What is the lowest debt service as a share of exports of good and services recorded in Sao Tome and Principe?
- The lowest recorded value was 2.5% in 2016.
- How does Sao Tome and Principe rank for debt service as a share of exports of good and services?
- Sao Tome and Principe ranks 84th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Sao Tome and Principe?
- Over the last ten years it is down 53.3%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).