Volume of remittances (in United States dollars) as a proportion of in Sao Tome and Principe
Sao Tome and Principe: Volume of remittances (in United States dollars) as a proportion of was 9.7% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Sao Tome and Principe, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Sao Tome and Principe recorded 9.7% for volume of remittances (in united states dollars) as a proportion of in 2024.
Compared with earlier readings it is down 31.1% on the previous year and up 6.5% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Sao Tome and Principe peaked at 18.9% in 2022 and was at its lowest, 0.6%, in 2000.
Sao Tome and Principe ranks 35th of 203 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) as a proportion of in Sao Tome and Principe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.6% | — |
| 2001 | 0.7% | +19.8% |
| 2002 | 0.9% | +28.4% |
| 2003 | 1.8% | +90.6% |
| 2004 | 1.0% | -46.2% |
| 2005 | 1.1% | +14.5% |
| 2006 | 1.1% | +1.9% |
| 2007 | 1.3% | +19.7% |
| 2008 | 1.6% | +19.0% |
| 2009 | 1.0% | -37.5% |
| 2010 | 3.3% | +236.0% |
| 2011 | 3.0% | -9.3% |
| 2012 | 2.8% | -7.3% |
| 2013 | 9.9% | +253.3% |
| 2014 | 9.2% | -8.0% |
| 2015 | 7.7% | -16.0% |
| 2016 | 6.2% | -19.7% |
| 2017 | 5.6% | -8.5% |
| 2018 | 4.6% | -18.0% |
| 2019 | 2.7% | -41.9% |
| 2020 | 1.8% | -32.0% |
| 2021 | 2.0% | +10.4% |
| 2022 | 18.9% | +834.2% |
| 2023 | 14.2% | -25.0% |
| 2024 | 9.7% | -31.1% |
Sao Tome and Principe compared with similar countries
- Sao Tome and Principe's 9.7% is above the median for lower middle income countries, which is 6.1%, 1.6× the median. (43 countries reporting)
- Sao Tome and Principe's 9.7% is above the median for Sub-Saharan Africa, which is 2.9%, 3.4× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2022 | +834.2% | 2.0% | 18.9% |
| 2013 | +253.3% | 2.8% | 9.9% |
| 2010 | +236.0% | 1.0% | 3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.1% | 0.6% | 1.8% | 10 |
| 2010s | 5.5% | 2.7% | 9.9% | 10 |
| 2020s | 9.3% | 1.8% | 18.9% | 5 |
Countries ranked near Sao Tome and Principe
- 33 Montenegro 10.3% compare
- 34 Guinea-Bissau 9.8% compare
- 36 Pakistan 9.4% compare
- 37 Dominican Republic 9.0% compare
- 38 Philippines 8.7% 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 volume of remittances (in united states dollars) as a proportion of in Sao Tome and Principe?
- Volume of remittances (in united states dollars) as a proportion of in Sao Tome and Principe was 9.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Sao Tome and Principe?
- The highest recorded value was 18.9% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Sao Tome and Principe?
- The lowest recorded value was 0.6% in 2000.
- How does Sao Tome and Principe rank for volume of remittances (in united states dollars) as a proportion of?
- Sao Tome and Principe ranks 35th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Sao Tome and Principe?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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