São Tomé and Príncipe's GDP changed from approximately $69M in 1980 to $751M in 2024, showing an overall 988.4% sharply increased during the period.
The lowest GDP was recorded in 1980 at $69M, and the highest in 2024 at $751M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 5.6%.
For comparison, the average annual growth rate of Gabon was 3.5%, and that of Equatorial Guinea was 14.1%.
Overview of São Tomé and Príncipe's GDP (1980–2024)
The Gross Domestic Product (GDP) of São Tomé and Príncipe recorded a 988.4% sharply increased from 1980 to 2024.
The average GDP during this period was $201M 133K, and the median was $125M.
GDP fluctuated within a range of $682M, with a standard deviation of $167M 579K.
The average annual change was $10M 323K.
São Tomé and Príncipe GDP from 1980 to 2024
The total market value of goods and services produced annually in São Tomé and Príncipe.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
Highest and Lowest GDP Records
- Lowest GDP: 1980, $69M
- Highest GDP: 2024, $751M
- Most Recent GDP: 2024, $751M
Notable Annual GDP Changes
- 2023: Significant increase in GDP
- 1997: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and São Tomé and Príncipe's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $416M → $476M
- Outcome: sharply increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $145M → $201M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $77M → $72M
- Outcome: declined
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $93M → $73M
- Outcome: sharply declined
Key Economic Indicators of São Tomé and Príncipe (1980–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 69M | $ 775.71 | $ 1,627.71 | $ 144M | -1.08 % | -19.768 % | 0 % | 0 % | 89,000 people |
1981 | $ 84M | $ 931.01 | $ 1,566.27 | $ 142M | -10.314 % | -23.59 % | 0 % | 0 % | 90,000 people |
1982 | $ 81M | $ 876.13 | $ 1,677.54 | $ 155M | 3.093 % | -34.245 % | 0 % | 0 % | 92,000 people |
1983 | $ 76M | $ 800.45 | $ 1,636.89 | $ 155M | -3.874 % | -16.035 % | 0 % | 0 % | 95,000 people |
1984 | $ 79M | $ 812.99 | $ 1,554.42 | $ 151M | -6.03 % | -21.988 % | 0 % | 0 % | 97,000 people |
1985 | $ 83M | $ 837.60 | $ 1,707.14 | $ 170M | 9.3 % | -23.065 % | 0 % | 0 % | 99,000 people |
1986 | $ 117M | $ 1,142.83 | $ 1,596.83 | $ 163M | -5.832 % | -12.635 % | 0 % | 0 % | 102,000 people |
1987 | $ 117M | $ 1,111.67 | $ 1,544.83 | $ 162M | -2.93 % | -10.042 % | 0 % | 0 % | 105,000 people |
1988 | $ 100M | $ 922.93 | $ 1,586.21 | $ 171M | 1.999 % | -18.731 % | 0 % | 0 % | 108,000 people |
1989 | $ 99M | $ 892.38 | $ 1,651.43 | $ 184M | 3.135 % | -28.339 % | 0 % | 0 % | 111,000 people |
1990 | $ 120M | $ 1,050.25 | $ 1,629.71 | $ 186M | -2.153 % | -24.914 % | 0 % | 0 % | 114,000 people |
1991 | $ 108M | $ 920.76 | $ 1,657.51 | $ 195M | 1.201 % | -31.607 % | 0 % | 0 % | 118,000 people |
1992 | $ 96M | $ 788.50 | $ 1,658.09 | $ 201M | 0.7 % | -28.444 % | 0 % | 0 % | 121,000 people |
1993 | $ 127M | $ 1,033.02 | $ 1,696.09 | $ 208M | 1.1 % | -23.593 % | 0 % | 0 % | 123,000 people |
1994 | $ 132M | $ 1,058.93 | $ 1,737.50 | $ 217M | 2.2 % | -18.827 % | 0 % | 0 % | 125,000 people |
1995 | $ 104M | $ 820.59 | $ 1,775.94 | $ 226M | 2 % | -26.16 % | 0 % | 0 % | 127,000 people |
1996 | $ 136M | $ 1,050.10 | $ 1,801.76 | $ 234M | 1.5 % | -17.559 % | 0 % | 0 % | 130,000 people |
1997 | $ 93M | $ 700.97 | $ 1,817.29 | $ 240M | 0.996 % | -14.668 % | 0 % | 0 % | 132,000 people |
1998 | $ 73M | $ 541.27 | $ 1,849.61 | $ 249M | 2.5 % | -17.135 % | 0 % | 0 % | 135,000 people |
1999 | $ 78M | $ 568.50 | $ 1,888.33 | $ 259M | 2.5 % | -15.659 % | 0 % | 0 % | 137,000 people |
