Gross domestic product (GDP), annual growth rate in Sao Tome and Principe
Sao Tome and Principe: Gross domestic product (GDP), annual growth rate was 2.73 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Sao Tome and Principe, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Sao Tome and Principe recorded 2.73 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
That represents a change of up 579.5% on the previous year and down 57.1% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Sao Tome and Principe peaked at 29.4 % change on previous year in 2001 and was at its lowest, -17.23 % change on previous year, in 1980.
That places Sao Tome and Principe 85th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Sao Tome and Principe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.2 % change on previous year | — |
| 1972 | 2.88 % change on previous year | -44.6% |
| 1973 | 4.29 % change on previous year | +48.7% |
| 1974 | 6.09 % change on previous year | +42.0% |
| 1975 | 6.1 % change on previous year | +0.1% |
| 1976 | 2.22 % change on previous year | -63.6% |
| 1977 | 20.23 % change on previous year | +811.1% |
| 1978 | 9.06 % change on previous year | -55.2% |
| 1979 | 16.98 % change on previous year | +87.3% |
| 1980 | -17.23 % change on previous year | -201.5% |
| 1981 | -10.32 % change on previous year | -40.1% |
| 1982 | 3.16 % change on previous year | -130.6% |
| 1983 | -4.89 % change on previous year | -254.8% |
| 1984 | -2.17 % change on previous year | -55.6% |
| 1985 | -0.9246 % change on previous year | -57.4% |
| 1986 | -5.2 % change on previous year | +462.7% |
| 1987 | -3.87 % change on previous year | -25.6% |
| 1988 | 0.057 % change on previous year | -101.5% |
| 1989 | 15.33 % change on previous year | +26798.9% |
| 1990 | -7.81 % change on previous year | -151.0% |
| 1991 | -4.28 % change on previous year | -45.3% |
| 1992 | 4.27 % change on previous year | -199.9% |
| 1993 | -10.04 % change on previous year | -334.9% |
| 1994 | 0.6851 % change on previous year | -106.8% |
| 1995 | 0.2772 % change on previous year | -59.5% |
| 1996 | 1.75 % change on previous year | +530.6% |
| 1997 | 7.88 % change on previous year | +350.8% |
| 1998 | 22.27 % change on previous year | +182.6% |
| 1999 | -5.4 % change on previous year | -124.2% |
| 2000 | 4.47 % change on previous year | -182.8% |
| 2001 | 29.4 % change on previous year | +558.3% |
| 2002 | -0.6815 % change on previous year | -102.3% |
| 2003 | 2.88 % change on previous year | -523.3% |
| 2004 | 7.26 % change on previous year | +151.7% |
| 2005 | 10.03 % change on previous year | +38.1% |
| 2006 | 6.73 % change on previous year | -32.9% |
| 2007 | 1.79 % change on previous year | -73.5% |
| 2008 | 9.59 % change on previous year | +437.4% |
| 2009 | 0.6884 % change on previous year | -92.8% |
| 2010 | 18.57 % change on previous year | +2597.2% |
| 2011 | 13.98 % change on previous year | -24.7% |
| 2012 | 9.11 % change on previous year | -34.8% |
| 2013 | 6.36 % change on previous year | -30.2% |
| 2014 | 13.85 % change on previous year | +117.9% |
| 2015 | 2.12 % change on previous year | -84.7% |
| 2016 | -14.93 % change on previous year | -804.9% |
| 2017 | 9.61 % change on previous year | -164.4% |
| 2018 | 14.36 % change on previous year | +49.5% |
| 2019 | 16.18 % change on previous year | +12.7% |
| 2020 | 6.78 % change on previous year | -58.1% |
| 2021 | 5.21 % change on previous year | -23.1% |
| 2022 | -0.5685 % change on previous year | -110.9% |
| 2023 | 2.73 % change on previous year | -579.5% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1989 | +26798.9% | 0.057 % change on previous year | 15.33 % change on previous year |
| 2010 | +2597.2% | 0.6884 % change on previous year | 18.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.12 % change on previous year | 2.22 % change on previous year | 20.23 % change on previous year | 9 |
| 1980s | -2.61 % change on previous year | -17.23 % change on previous year | 15.33 % change on previous year | 10 |
| 1990s | 0.9621 % change on previous year | -10.04 % change on previous year | 22.27 % change on previous year | 10 |
| 2000s | 7.22 % change on previous year | -0.6815 % change on previous year | 29.4 % change on previous year | 10 |
| 2010s | 8.92 % change on previous year | -14.93 % change on previous year | 18.57 % change on previous year | 10 |
| 2020s | 3.54 % change on previous year | -0.5685 % change on previous year | 6.78 % change on previous year | 4 |
Countries ranked near Sao Tome and Principe
- 82 Gambia 2.8 % change on previous year compare
- 83 British Virgin Islands 2.76 % change on previous year compare
- 84 Brunei 2.74 % change on previous year compare
- 86 Romania 2.68 % change on previous year compare
- 87 Spain 2.58 % change on previous year compare
- 88 El Salvador 2.55 % change on previous year compare
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 gross domestic product (gdp), annual growth rate in Sao Tome and Principe?
- Gross domestic product (gdp), annual growth rate in Sao Tome and Principe was 2.73 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Sao Tome and Principe?
- The highest recorded value was 29.4 % change on previous year in 2001.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Sao Tome and Principe?
- The lowest recorded value was -17.23 % change on previous year in 1980.
- How does Sao Tome and Principe rank for gross domestic product (gdp), annual growth rate?
- Sao Tome and Principe ranks 85th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Sao Tome and Principe?
- Over the last ten years it is down 57.1%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.