Sao Tome and Principe recorded a Government Budget deficit equal to 3.30 percent of the country's Gross Domestic Product in 2024. Government Budget in Sao Tome and Principe averaged 0.90 percent of GDP from 2002 until 2024, reaching an all time high of 121.50 percent of GDP in 2007 and a record low of -17.30 percent of GDP in 2009. source: Central Bank of Sao Tome and Principe

Government Budget in Sao Tome and Principe is expected to reach 2.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Government Budget is projected to trend around 1.60 percent of GDP in 2026 and 1.30 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Government Budget 2.70 -4.00 percent of GDP Dec 2024
Government Debt to GDP 103.10 105.00 percent of GDP Jun 2023
Holidays


Sao Tome and Principe Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
2.70 -4.00 121.50 -17.30 2002 - 2024 percent of GDP Yearly