Travel services in Sao Tome and Principe
Sao Tome and Principe: Travel services was 80.8% in 2024. ▲ Rising
Travel services in Sao Tome and Principe, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Sao Tome and Principe recorded 80.8% for travel services in 2024.
Compared with earlier readings it is up 26.0% on the previous year and up 0.8% over ten years.
Over the whole period, travel services in Sao Tome and Principe peaked at 87.5% in 2018 and was at its lowest, 7.7%, in 1978.
That places Sao Tome and Principe 17th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 45 years of available data.
Travel services in Sao Tome and Principe, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1974 | 36.8% | — |
| 1975 | 60.4% | +64.2% |
| 1976 | 43.0% | -28.7% |
| 1977 | 42.9% | -0.3% |
| 1978 | 7.7% | -82.1% |
| 1979 | 13.8% | +79.2% |
| 1980 | 13.3% | -3.4% |
| 1981 | 17.7% | +32.7% |
| 1982 | 23.7% | +34.1% |
| 1983 | 20.6% | -13.0% |
| 1984 | 28.4% | +38.1% |
| 1985 | 30.2% | +6.3% |
| 1986 | 30.7% | +1.7% |
| 1987 | 69.8% | +127.1% |
| 1988 | 59.3% | -15.0% |
| 1989 | 29.4% | -50.4% |
| 1990 | 45.6% | +55.1% |
| 1997 | 56.3% | +23.5% |
| 1998 | 62.8% | +11.4% |
| 1999 | 73.7% | +17.5% |
| 2000 | 72.8% | -1.3% |
| 2001 | 80.0% | +9.9% |
| 2002 | 80.0% | +0.0% |
| 2003 | 80.0% | +0.0% |
| 2004 | 80.0% | +0.0% |
| 2005 | 80.0% | -0.0% |
| 2006 | 80.0% | +0.0% |
| 2007 | 74.6% | -6.7% |
| 2008 | 80.0% | +7.2% |
| 2009 | 79.9% | -0.1% |
| 2010 | 83.2% | +4.1% |
| 2011 | 86.6% | +4.1% |
| 2012 | 83.8% | -3.2% |
| 2013 | 84.6% | +1.0% |
| 2014 | 80.1% | -5.3% |
| 2015 | 78.9% | -1.5% |
| 2016 | 83.0% | +5.1% |
| 2017 | 86.1% | +3.8% |
| 2018 | 87.5% | +1.6% |
| 2019 | 75.2% | -14.1% |
| 2020 | 46.4% | -38.3% |
| 2021 | 55.0% | +18.6% |
| 2022 | 61.8% | +12.4% |
| 2023 | 64.1% | +3.8% |
| 2024 | 80.8% | +26.0% |
Sao Tome and Principe compared with similar countries
- Sao Tome and Principe's 80.8% is above the median for lower middle income countries, which is 36.8%, 2.2× the median. (47 countries reporting)
- Sao Tome and Principe's 80.8% is above the median for Sub-Saharan Africa, which is 39.4%, 2.1× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Travel services 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 |
|---|---|---|---|
| 1987 | +127.1% | 30.7% | 69.8% |
| 1978 | -82.1% | 42.9% | 7.7% |
| 1979 | +79.2% | 7.7% | 13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.1% | 7.7% | 60.4% | 6 |
| 1980s | 32.3% | 13.3% | 69.8% | 10 |
| 1990s | 59.6% | 45.6% | 73.7% | 4 |
| 2000s | 78.7% | 72.8% | 80.0% | 10 |
| 2010s | 82.9% | 75.2% | 87.5% | 10 |
| 2020s | 61.6% | 46.4% | 80.8% | 5 |
Countries ranked near Sao Tome and Principe
- 14 Antigua and Barbuda 84.3% compare
- 15 Jamaica 82.1% compare
- 16 Sint Maarten (Dutch part) 80.8% compare
- 18 Dominican Republic 78.4% compare
- 19 Cape Verde 78.3% compare
- 20 Saint Kitts and Nevis 78.2% 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 travel services in Sao Tome and Principe?
- Travel services in Sao Tome and Principe was 80.8% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Sao Tome and Principe?
- The highest recorded value was 87.5% in 2018.
- What is the lowest travel services recorded in Sao Tome and Principe?
- The lowest recorded value was 7.7% in 1978.
- How does Sao Tome and Principe rank for travel services?
- Sao Tome and Principe ranks 17th out of 198 countries with data for 2024.
- Is travel services rising or falling in Sao Tome and Principe?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is rising.
- Where does this Sao Tome and Principe data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.