Share of central government spending funded by taxes in Sao Tome and Principe
Sao Tome and Principe: Share of central government spending funded by taxes was 34.8% in 2022. ▲ Rising
Share of central government spending funded by taxes in Sao Tome and Principe, 2002–2022
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2022, share of central government spending funded by taxes in Sao Tome and Principe stood at 34.8%.
Compared with earlier readings it is up 10.0% over ten years.
Over the whole period, share of central government spending funded by taxes in Sao Tome and Principe peaked at 79.2% in 2013 and was at its lowest, 23.6%, in 2002.
That places Sao Tome and Principe 157th out of 174 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Share of central government spending funded by taxes in Sao Tome and Principe, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 23.6% | — |
| 2003 | 24.9% | +5.3% |
| 2004 | 24.6% | -1.2% |
| 2005 | 29.0% | +18.2% |
| 2006 | 35.6% | +22.6% |
| 2007 | 43.5% | +22.4% |
| 2008 | 52.1% | +19.7% |
| 2009 | 29.7% | -43.1% |
| 2010 | 35.0% | +18.1% |
| 2011 | 31.3% | -10.5% |
| 2012 | 31.6% | +0.9% |
| 2013 | 79.2% | +150.3% |
| 2014 | 68.6% | -13.3% |
| 2015 | 38.5% | -43.8% |
| 2016 | 36.5% | -5.4% |
| 2017 | 37.3% | +2.3% |
| 2018 | 49.2% | +31.8% |
| 2022 | 34.8% | -29.3% |
Sao Tome and Principe compared with similar countries
- Sao Tome and Principe's 34.8% is below the median for lower middle income countries, which is 59.9%, 58% of the median. (41 countries reporting)
- Sao Tome and Principe's 34.8% is below the median for Sub-Saharan Africa, which is 61.5%, 57% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Share of central government spending funded by taxes 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 |
|---|---|---|---|
| 2013 | +150.3% | 31.6% | 79.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.9% | 23.6% | 52.1% | 8 |
| 2010s | 45.2% | 31.3% | 79.2% | 9 |
| 2020s | 34.8% | 34.8% | 34.8% | 1 |
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 share of central government spending funded by taxes in Sao Tome and Principe?
- Share of central government spending funded by taxes in Sao Tome and Principe was 34.8% in 2022, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Sao Tome and Principe?
- The highest recorded value was 79.2% in 2013.
- What is the lowest share of central government spending funded by taxes recorded in Sao Tome and Principe?
- The lowest recorded value was 23.6% in 2002.
- How does Sao Tome and Principe rank for share of central government spending funded by taxes?
- Sao Tome and Principe ranks 157th out of 174 countries with data for 2022.
- Is share of central government spending funded by taxes rising or falling in Sao Tome and Principe?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
- Where does this Sao Tome and Principe data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.