Sao Tome and Principe GDP Growth

GDP Growth Rate

Year -

-0.47%

In 2023, Sao Tome and Principe experienced a significant a decrease in its GDP growth rate, which fall to -0.47% from 0.07% in 2022. Additionally, the GDP per capita growth rate in Sao Tome and Principe decrease to -2.40% in 2023, compared to -1.82% in 2022.

Sao Tome and Principe GDP Growth

In 2023, Sao Tome and Principe experienced a decrease in economic performance, with the GDP growth rate falling by 0.54%. Additionally, the GDP per capita growth rate decrease by 0.58%.

Sao Tome and Principe Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Sao Tome and Principe Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
19715.38-3.19-
19722.29%-3.09%0.25%-2.94%
19731.59%-0.70%-0.42%-0.67%
19745.68%4.09%3.53%3.95%
19755.38%-0.30%3.11%-0.42%
19761.64%-3.74%-0.72%-3.83%
197723.42%21.78%20.38%21.10%
19782.9%-20.52%0.28%-20.10%
197916.34%13.44%13.46%13.18%
1980-1.08%-17.42%-3.31%-16.77%
1981-10.31%-9.23%-12.09%-8.78%
19823.09%13.40%1.29%13.38%
1983-3.87%-6.96%-5.48%-6.77%
1984-6.03%-2.16%-7.69%-2.21%
19859.3%15.33%7.14%14.83%
1986-5.83%-15.13%-7.87%-15.01%
1987-2.93%2.90%-5.23%2.64%
19882%4.93%-0.59%4.64%
19893.14%1.14%0.56%1.15%
1990-2.15%-5.29%-4.51%-5.07%
19911.2%3.35%-1.05%3.46%
19920.7%-0.50%-1.35%-0.30%
19931.1%0.40%-0.9%0.45%
19942.2%1.10%0.26%1.16%
19952%-0.20%0.15%-0.11%
19961.5%-0.50%-0.25%-0.40%
19971%-0.50%-0.65%-0.40%
19982.5%1.50%0.94%1.59%
19992.5%0.00%1.04%0.10%
20000.45%-2.05%-0.88%-1.92%
20013.06%2.61%1.27%2.15%
20023.36%0.30%0.89%-0.38%
20038.29%4.93%5.53%4.64%
20043.54%-4.75%0.95%-4.58%
20056.61%3.07%3.99%3.04%
20068.87%2.26%6.21%2.22%
20073.64%-5.23%1.13%-5.08%
20086.23%2.59%3.69%2.56%
20093.3%-2.93%0.91%-2.78%
20101.45%-1.85%-0.79%-1.70%
20112%0.55%-0.14%0.65%
20122.94%0.94%0.84%0.98%
20135.12%2.18%3.04%2.20%
20144.91%-0.21%2.92%-0.12%
20151.54%-3.37%-0.29%-3.21%
20165.18%3.64%3.37%3.66%
20174.11%-1.07%2.41%-0.96%
20184.38%0.27%2.74%0.33%
20192.01%-2.37%0.47%-2.27%
20202.62%0.61%0.73%0.26%
20211.9%-0.72%-0.14%-0.87%
20220.07%-1.83%-1.82%-1.68%
2023-0.47%-0.54%-2.4%-0.58%