Sao Tome and Principe 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$678.98 million
↑ 25.55% vs 2022GDP per Capita
$2,940.93
↑ 23.07% vs 2022GDP Growth (Annual %)
0.37%
↑ 0.20pp vs 2022Inflation Rate (CPI %)
21.26%
↑ 3.25pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $540.81 million | $678.98 million | +25.55% |
| GDP per Capita | $2,389.74 | $2,940.93 | +23.07% |
| GDP Growth (Annual %) | 0.17% | 0.37% | +0.20pp |
| Inflation (CPI %) | 18.01% | 21.26% | +3.25pp |
| Unemployment Rate (%) | 8.99% | 9.07% | +0.08pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $678.98 million
- GDP per Capita
- $2,940.93
- GDP Growth (Annual %)
- 0.37%
- Gross National Income
- $685.74 million
Prices & Employment
- Inflation (CPI %)
- 21.26%
- Inflation (GDP Deflator %)
- 21.69%
- Unemployment Rate (%)
- 9.07%
- Interest Rate (Real %)
- -3.18%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Sao Tome and Principe's Gross Domestic Product (GDP) is $678.98 million. This represents the total value of goods and services produced in the country.
The GDP per capita in Sao Tome and Principe for 2023 is $2,940.93. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Sao Tome and Principe for 2023 is 21.26%. This measures the annual percentage change in the cost of consumer goods and services.
Sao Tome and Principe's annual GDP growth rate for 2023 is 0.37%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Sao Tome and Principe for 2023 is 9.07%. This represents the percentage of the labor force that is unemployed and actively seeking employment.