Gross savings in Sao Tome and Principe
Sao Tome and Principe: Gross savings was 1.70 billion current LCU in 2024. ◆ Volatile
Gross savings in Sao Tome and Principe, 2008–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Sao Tome and Principe recorded 1.70 billion current LCU for gross savings in 2024.
Compared with earlier readings it is down 24.7% on the previous year and up 215.4% over ten years.
Over the whole period, gross savings in Sao Tome and Principe peaked at 2.63 billion current LCU in 2022 and was at its lowest, -1.73 billion current LCU, in 2012.
That places Sao Tome and Principe 157th 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 in Sao Tome and Principe, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | -939.40 million current LCU | — |
| 2009 | -983.13 million current LCU | +4.7% |
| 2010 | -1.16 billion current LCU | +17.8% |
| 2011 | -1.46 billion current LCU | +25.9% |
| 2012 | -1.73 billion current LCU | +18.4% |
| 2013 | -809.53 million current LCU | -53.1% |
| 2014 | -1.47 billion current LCU | +81.7% |
| 2015 | -1.16 billion current LCU | -21.4% |
| 2016 | -929.99 million current LCU | -19.6% |
| 2017 | -1.02 billion current LCU | +9.3% |
| 2018 | -1.28 billion current LCU | +26.4% |
| 2019 | -1.42 billion current LCU | +10.8% |
| 2020 | -448.06 million current LCU | -68.5% |
| 2021 | -1.27 billion current LCU | +183.4% |
| 2022 | 2.63 billion current LCU | -307.0% |
| 2023 | 2.25 billion current LCU | -14.3% |
| 2024 | 1.70 billion current LCU | -24.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -961.26 million current LCU | -983.13 million current LCU | -939.40 million current LCU | 2 |
| 2010s | -1.24 billion current LCU | -1.73 billion current LCU | -809.53 million current LCU | 10 |
| 2020s | 972.15 million current LCU | -1.27 billion current LCU | 2.63 billion current LCU | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 19.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9331 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,811 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 13.26 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 20.24 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 82,663 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.3106 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Sao Tome and Principe?
- Gross savings in Sao Tome and Principe was 1.70 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Sao Tome and Principe?
- The highest recorded value was 2.63 billion current LCU in 2022.
- What is the lowest gross savings recorded in Sao Tome and Principe?
- The lowest recorded value was -1.73 billion current LCU in 2012.
- How does Sao Tome and Principe rank for gross savings?
- Sao Tome and Principe ranks 157th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Sao Tome and Principe?
- Over the last ten years it is up 215.4%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.