Gross savings (current LCU), annual growth rate in Sao Tome and Principe
Sao Tome and Principe: Gross savings (current LCU), annual growth rate was -24.65 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Sao Tome and Principe, 2009–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Sao Tome and Principe recorded -24.65 % change on previous year for gross savings (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 72.4% on the previous year and up 69.8% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Sao Tome and Principe peaked at 306.99 % change on previous year in 2022 and was at its lowest, -183.44 % change on previous year, in 2021.
That places Sao Tome and Principe 169th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Sao Tome and Principe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2009 | -4.66 % change on previous year | — |
| 2010 | -17.82 % change on previous year | +282.8% |
| 2011 | -25.91 % change on previous year | +45.4% |
| 2012 | -18.36 % change on previous year | -29.2% |
| 2013 | 53.1 % change on previous year | -389.3% |
| 2014 | -81.69 % change on previous year | -253.8% |
| 2015 | 21.37 % change on previous year | -126.2% |
| 2016 | 19.58 % change on previous year | -8.4% |
| 2017 | -9.27 % change on previous year | -147.3% |
| 2018 | -26.35 % change on previous year | +184.3% |
| 2019 | -10.77 % change on previous year | -59.1% |
| 2020 | 68.5 % change on previous year | -735.8% |
| 2021 | -183.44 % change on previous year | -367.8% |
| 2022 | 306.99 % change on previous year | -267.4% |
| 2023 | -14.3 % change on previous year | -104.7% |
| 2024 | -24.65 % change on previous year | +72.4% |
Sao Tome and Principe compared with similar countries
- Sao Tome and Principe's -24.65 % change on previous year is below the median for lower middle income countries, which is 11.63 % change on previous year. (45 countries reporting)
- Sao Tome and Principe's -24.65 % change on previous year is below the median for Sub-Saharan Africa, which is 12.85 % change on previous year. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.66 % change on previous year | -4.66 % change on previous year | -4.66 % change on previous year | 1 |
| 2010s | -9.61 % change on previous year | -81.69 % change on previous year | 53.1 % change on previous year | 10 |
| 2020s | 30.62 % change on previous year | -183.44 % change on previous year | 306.99 % change on previous year | 5 |
Countries ranked near Sao Tome and Principe
- 166 Iraq -19.89 % change on previous year compare
- 167 Moldova -22.15 % change on previous year compare
- 168 Eswatini -24.07 % change on previous year compare
- 170 Mozambique -30.52 % change on previous year compare
- 171 Lesotho -33.09 % change on previous year compare
- 172 Seychelles -61.83 % 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 savings (current lcu), annual growth rate in Sao Tome and Principe?
- Gross savings (current lcu), annual growth rate in Sao Tome and Principe was -24.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Sao Tome and Principe?
- The highest recorded value was 306.99 % change on previous year in 2022.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Sao Tome and Principe?
- The lowest recorded value was -183.44 % change on previous year in 2021.
- How does Sao Tome and Principe rank for gross savings (current lcu), annual growth rate?
- Sao Tome and Principe ranks 169th out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Sao Tome and Principe?
- Over the last ten years it is up 69.8%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 16 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.