Economy of São Tomé and Principe

Imports
Imports commoditiesmachinery and electrical equipment, food products, petroleum products
Import partnersPortugal 63.1%, Gabon 5.4% (2012)
Exports
Exports commoditiescocoa 80%, copra, coffee, palm oil
Export partnersNetherlands 33.3%, Belgium 21.8%, Spain 11%, Nigeria 5.6%, US 5.1% (2012)
Economy sectors
Agriculture productscocoa, coconuts, palm kernels, copra, cinnamon, pepper, coffee, bananas, papayas, beans; poultry; fish
Industrial productslight construction, textiles, soap, beer, fish processing, timber
Economy
GDP - Official Exchange Rate311 Million $ (2013)259 Million $ (2012)248 Million $ (2011)
GDP - Official Exchange Rate of São Tomé and Principe
GDP growth rate4.50 % (2013)4.00 % (2012)4.90 % (2011)
GDP growth rate of São Tomé and Principe
GDP per Capita (PPP)2,200 $ (2013)2,100 $ (2012)2,300 $ (2011)
GDP per Capita (PPP) of São Tomé and Principe
GDP - Purchasing Power Parity421 Million $ (2013)397 Million $ (2012)385 Million $ (2011)
GDP - Purchasing Power Parity of São Tomé and Principe
GDP PPP per land area437 Thousand $ per square kilometer (2013)412 Thousand $ per square kilometer (2012)400 Thousand $ per square kilometer (2011)
GDP PPP per land area of São Tomé and Principe
ElectricityBanking
Central bank discount rate16.0 % (2009)28.0 % (2008)28.0 % (2007)
Central bank discount rate of São Tomé and Principe
Commercial bank prime lending rate26.0 % (2013)26.0 % (2012)26.8 % (2011)
Commercial bank prime lending rate of São Tomé and Principe
GDP decomposition by sector
Agriculture % of GDP13.7 % (2013)13.9 % (2012)
Industry % of GDP19.5 % (2013)19.4 % (2012)
Services % of GDP66.8 % (2013)66.6 % (2012)
Tourism
International tourism, number of arrivals12,000 (2011)8,000 (2010)15,000 (2009)
International tourism, number of arrivals of São Tomé and Principe
Yearly Tourist arrivals to residents ratio6.69 % (2011)4.49 % (2010)8.66 % (2009)
Yearly Tourist arrivals to residents ratio of São Tomé and Principe
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)65.5 % of GDP (2013)75.5 % of GDP (2012)74.4 % of GDP (2011)
Public debt (Percentage of GDP) of São Tomé and Principe
Current Account Balance (Percentage of GDP)-37.79 % of GDP (2012)-42.60 % of GDP (2011)-43.56 % of GDP (2010)
Current Account Balance (Percentage of GDP) of São Tomé and Principe
External Debt Stocks (Percentage of GNI)76.4 % of GNI (2012)93.1 % of GNI (2011)90.1 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of São Tomé and Principe
Short-term debt (percentage of total external debt)7.90 % of total external debt (2012)11.2 % of total external debt (2011)11.0 % of total external debt (2010)
Short-term debt (percentage of total external debt) of São Tomé and Principe
Current Account Balance (Total)-59.00 Million $ (2013)-58.70 Million $ (2012)-77.60 Million $ (2011)
Current Account Balance (Total) of São Tomé and Principe
External Debt (Total)407 Million $ (2013)313 Million $ (2012)266 Million $ (2011)
External Debt (Total) of São Tomé and Principe
External Debt (Percentage of GDP)131 % of GDP (2013)121 % of GDP (2012)107 % of GDP (2011)
External Debt (Percentage of GDP) of São Tomé and Principe
External Debt per Capita2,178 $ (2013)1,710 $ (2012)1,482 $ (2011)
External Debt per Capita of São Tomé and Principe