Sao Tome and Principe GDP 2024

[ Nominal GDP in billion of USD ]

Year - 2024

$0.82 billion

Source: world bank Nominal/PPP

Summary:

Sao Tome and Principe GDP expanded from 1970 to 2024, increasing from $0.04 billion to $0.82 billion.The compound annual growth rate (CAGR) averaged 5.75% over the period. The economy recorded its peak level in 2024 and its lowest level in 1970. Growth volatility remained high. The maximum drawdown reached 50%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

5Y 10Y 15Y 20Y All

Latest GDP of Sao Tome and Principe 2024 – Nominal vs PPP

Metric	Nominal GDP (Current USD)	GDP (PPP, Int$)
Latest Year	2024	2024
Latest GDP	$ 0.82 Billions	$ 1.47 Int Billions
Growth (YoY)	19.074%	3.545%
Net Change vs Previous Year	$ 0.13 Billion	$ 0.05 Int Billion
% of World GDP	0.00%	0.00%
Meaning	Nominal GDP (Current USD, exchange-rate based)	GDP (PPP, cost-of-living adjusted)

Sao Tome and Principe GDP per Capita | Sao Tome and Principe GDP Growth

Sao Tome and Principe Annual GDP from 1960 to 2024

Source: world bank Nominal | PPP

	Nominal			PPP
Year	Bil $	Net Chg	% Chg	Int Bil $	Net Chg	% Chg
1960	-	-	-	-	-	-
1961	-	-	-	-	-	-
1962	-	-	-	-	-	-
1963	-	-	-	-	-	-
1964	-	-	-	-	-	-
1965	-	-	-	-	-	-
1966	-	-	-	-	-	-
1967	-	-	-	-	-	-
1968	-	-	-	-	-	-
1969	-	-	-	-	-	-
1970	0.04	-	-	-	-	-
1971	0.04	0	0.207 %	-	-	-
1972	0.04	0	11.106 %	-	-	-
1973	0.06	0.01	35.194 %	-	-	-
1974	0.06	0	3.225 %	-	-	-
1975	0.06	0	3.951 %	-	-	-
1976	0.05	-0.01	-13.414 %	-	-	-
1977	0.05	0	-5.442 %	-	-	-
1978	0.06	0.01	11.862 %	-	-	-
1979	0.07	0.01	19.459 %	-	-	-
1980	0.08	0.02	24.19 %	-	-	-
1981	0.08	0	2.25 %	-	-	-
1982	0.08	0	-3.822 %	-	-	-
1983	0.08	-0.01	-6.472 %	-	-	-
1984	0.08	0	4.132 %	-	-	-
1985	0.08	0	5.778 %	-	-	-
1986	0.12	0.03	40.124 %	-	-	-
1987	0.12	0	0.021 %	-	-	-
1988	0.1	-0.02	-14.62 %	-	-	-
1989	0.1	0	-0.46 %	-	-	-
1990	0.12	0.02	21.059 %	0.19	-	-
1991	0.11	-0.01	-9.903 %	0.19	0.01	4.623 %
1992	0.09	-0.01	-11.743 %	0.2	0.01	2.995 %
1993	0.13	0.03	32.553 %	0.21	0.01	3.496 %
1994	0.13	0.01	4.451 %	0.22	0.01	4.382 %
1995	0.1	-0.03	-21.047 %	0.22	0.01	4.139 %
1996	0.14	0.03	30.371 %	0.23	0.01	3.358 %
1997	0.09	-0.04	-32.006 %	0.24	0.01	2.738 %
1998	0.07	-0.02	-21.361 %	0.25	0.01	3.652 %
1999	0.08	0.01	6.94 %	0.26	0.01	3.95 %
2000	0.08	0	-1.428 %	0.26	0.01	2.724 %
2001	0.08	0	-0.324 %	0.28	0.01	5.385 %
2002	0.09	0.01	12.139 %	0.29	0.01	4.966 %
2003	0.1	0.02	19.86 %	0.32	0.03	10.43 %
2004	0.11	0.01	12.241 %	0.34	0.02	6.322 %
2005	0.14	0.02	19.085 %	0.38	0.03	9.957 %
2006	0.14	0.01	4.635 %	0.42	0.05	12.223 %
2007	0.15	0.01	4.463 %	0.45	0.03	6.449 %
2008	0.19	0.04	26.064 %	0.49	0.04	8.276 %
2009	0.2	0.01	6.726 %	0.51	0.02	3.94 %
2010	0.19	-0.01	-5.306 %	0.52	0.01	2.681 %
2011	0.23	0.04	19.174 %	0.54	0.02	4.104 %
2012	0.23	0	-0.283 %	0.5	-0.04	-7.109 %
2013	0.27	0.04	18.257 %	0.57	0.07	13.213 %
2014	0.29	0.03	9.765 %	0.64	0.07	11.821 %
2015	0.26	-0.03	-11.299 %	0.64	0	-0.156 %
2016	0.29	0.03	12.411 %	0.68	0.04	6.443 %
2017	0.32	0.03	10.174 %	0.71	0.04	5.185 %
2018	0.38	0.06	19.166 %	0.83	0.12	16.471 %
2019	0.41	0.03	7.625 %	0.99	0.17	19.93 %
2020	0.47	0.06	14.106 %	1.12	0.13	12.598 %
2021	0.52	0.05	11.284 %	1.27	0.15	13.752 %
2022	0.54	0.02	3.129 %	1.37	0.09	7.31 %
2023	0.69	0.15	27.671 %	1.42	0.05	3.984 %
2024	0.82	0.13	19.074 %	1.47	0.05	3.545 %

Sao Tome and Principe Economic Phases (1970–2024)

Between 1970 to 2024, Sao Tome and Principe experienced the following economic phases:

High Growth (1972–1973) indicating robust economic expansion
Expansion (1974–1975) indicating steady moderate growth
High Growth (1978–1980) indicating robust economic expansion
Contraction (1982–1983) indicating temporary slowdown
High Growth (1985–1986) indicating robust economic expansion
Crisis (1997–1998) indicating severe economic downturn
Contraction (2000–2001) indicating temporary slowdown
High Growth (2002–2005) indicating robust economic expansion
Expansion (2006–2007) indicating steady moderate growth
High Growth (2008–2009) indicating robust economic expansion
High Growth (2013–2014) indicating robust economic expansion
High Growth (2016–2021) indicating robust economic expansion
High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1986 with an increase of 40.124%, while the largest decline was in 1997 at -32.006%.

Latest Projections by IMF

Year	Nominal (current $)	PPP (current Int. $)