Sao Tome and Principe recorded a Current Account deficit of 19.40 percent of the country's Gross Domestic Product in 2022. Current Account to GDP in Sao Tome and Principe averaged -26.01 percent of GDP from 2001 until 2022, reaching an all time high of -9.30 percent of GDP in 2019 and a record low of -43.00 percent of GDP in 2011. source: Central Bank of Sao Tome and Principe

Current Account to GDP in Sao Tome and Principe is expected to reach -4.80 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Current Account to GDP is projected to trend around -5.20 percent of GDP in 2027 and -5.50 percent of GDP in 2028, according to our econometric models.



Sao Tome and Principe Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-19.40 -16.90 -9.30 -43.00 2001 - 2022 percent of GDP Yearly