Trade in services as share of GDP in Sao Tome and Principe
Sao Tome and Principe: Trade in services as share of GDP was 20.8% in 2024. ◆ Volatile
Trade in services as share of GDP in Sao Tome and Principe, 1974–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Sao Tome and Principe recorded 20.8% for trade in services as share of gdp in 2024.
Compared with earlier readings it is down 6.3% on the previous year and down 60.6% over ten years.
Over the whole period, trade in services as share of gdp in Sao Tome and Principe peaked at 56.1% in 2015 and was at its lowest, 5.8%, in 1976.
Sao Tome and Principe ranks 102nd of 198 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.
Trade in services as share of GDP in Sao Tome and Principe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 6.5% | — |
| 1975 | 6.2% | -4.2% |
| 1976 | 5.8% | -6.5% |
| 1977 | 10.2% | +75.7% |
| 1978 | 12.8% | +26.2% |
| 1979 | 15.9% | +24.1% |
| 1980 | 11.4% | -28.2% |
| 1981 | 12.3% | +7.9% |
| 1982 | 14.9% | +21.0% |
| 1983 | 12.0% | -19.3% |
| 1984 | 15.4% | +27.9% |
| 1985 | 13.1% | -15.2% |
| 1986 | 12.6% | -3.9% |
| 1987 | 8.8% | -29.7% |
| 1988 | 10.0% | +13.7% |
| 1989 | 13.2% | +31.4% |
| 1990 | 10.6% | -19.4% |
| 1997 | 22.1% | +107.8% |
| 1998 | 22.6% | +2.2% |
| 1999 | 31.5% | +39.5% |
| 2000 | 34.2% | +8.5% |
| 2001 | 26.7% | -22.0% |
| 2002 | 24.4% | -8.6% |
| 2003 | 22.3% | -8.4% |
| 2004 | 21.9% | -1.8% |
| 2005 | 14.8% | -32.5% |
| 2006 | 18.3% | +23.7% |
| 2007 | 17.0% | -7.2% |
| 2008 | 16.5% | -2.7% |
| 2009 | 14.6% | -11.5% |
| 2010 | 19.8% | +35.5% |
| 2011 | 22.0% | +10.8% |
| 2012 | 18.5% | -15.7% |
| 2013 | 31.6% | +70.5% |
| 2014 | 52.7% | +66.8% |
| 2015 | 56.1% | +6.4% |
| 2016 | 50.9% | -9.3% |
| 2017 | 44.1% | -13.2% |
| 2018 | 38.2% | -13.5% |
| 2019 | 29.7% | -22.2% |
| 2020 | 16.7% | -43.7% |
| 2021 | 19.8% | +18.2% |
| 2022 | 43.1% | +118.0% |
| 2023 | 22.2% | -48.6% |
| 2024 | 20.8% | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.6% | 5.8% | 15.9% | 6 |
| 1980s | 12.4% | 8.8% | 15.4% | 10 |
| 1990s | 21.7% | 10.6% | 31.5% | 4 |
| 2000s | 21.1% | 14.6% | 34.2% | 10 |
| 2010s | 36.4% | 18.5% | 56.1% | 10 |
| 2020s | 24.5% | 16.7% | 43.1% | 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 trade in services as share of gdp in Sao Tome and Principe?
- Trade in services as share of gdp in Sao Tome and Principe was 20.8% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Sao Tome and Principe?
- The highest recorded value was 56.1% in 2015.
- What is the lowest trade in services as share of gdp recorded in Sao Tome and Principe?
- The lowest recorded value was 5.8% in 1976.
- How does Sao Tome and Principe rank for trade in services as share of gdp?
- Sao Tome and Principe ranks 102nd out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Sao Tome and Principe?
- Over the last ten years it is down 60.6%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).