Sao Tome & Principe flag

Sao Tome & Principe GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
Sao Tome & Principe has a small island economy supported by agriculture, tourism, services, external assistance, and household consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.4%
Annual real GDP growth
World Rank
#77
Out of 195 countries
Change vs 2025
+1.3 pp
2025: +2.1%
Africa Rank
#36
Out of 54 countries

1. Sao Tome & Principe GDP Growth Rate in 2026

Economic growth is influenced by tourism, agriculture, public investment, external support, and domestic demand.

2. Sao Tome & Principe GDP Growth Rate Trends (1980–2026)

The country’s growth history has been shaped by cocoa production, development assistance, public spending, and gradual tourism expansion.

3. Sao Tome & Principe GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +3.4% +1.3 pp
2025 +2.1% +1.0 pp
2024 +1.1% +0.7 pp
2023 +0.4% +0.2 pp
2022 +0.2% -1.7 pp
2021 +1.9% -0.7 pp
2020 +2.6% +0.6 pp
2019 +2.0% -2.4 pp
2018 +4.4% +0.3 pp
2017 +4.1% -1.1 pp

4. Sao Tome & Principe GDP Growth Performance

Current Growth Rate
+3.4%
(2026 to 2026)
5-Year Average
+1.4%
(2022 to 2026)
10-Year Average
+2.2%
(2017 to 2026)
20-Year Average
+3.0%
(2007 to 2026)
The economy benefits from tourism potential and international support, but weak infrastructure and a very small domestic market constrain development.

5. Sao Tome & Principe GDP Growth Rate vs Africa and World

Sao Tome & Principe
+3.4%
Africa Average
+4.1%
World Average
+2.8%
0.0% 2.1% 4.1%
Annual real GDP growth (%)
Sao Tome & Principe’s GDP growth rate is approximately 0.7 pp below the Africa average and 0.6 pp above the world average.

6. Sao Tome & Principe GDP Growth Rate Ranking in Africa

Rank Country GDP Growth Rate
#33 Burundi +3.8%
#34 Algeria +3.8%
#35 Madagascar +3.6%
#36 Mauritius +3.4%
#37 Sao Tome & Principe +3.4%
#38 Cameroon +3.3%
#39 Congo +2.8%
#40 Eritrea +2.8%
#41 Gabon +2.7%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Sao Tome & Principe

Sao Tome & Principe GDP (Nominal)
$1.2 Billion
(2026)
Sao Tome & Principe GDP Growth Rate
+3.4%
(2026)
Sao Tome & Principe generally grows from a low base and can outperform mature economies, though structural limitations create vulnerability.

9. Sao Tome & Principe GDP Growth Rate Forecast

The outlook depends on tourism, agriculture, investment, infrastructure, and fiscal stability. External financing and climate risks remain important.
Year GDP Growth Rate Change
2027 +3.9% +0.5 pp
2028 +3.3% -0.6 pp
2029 +3.3% 0.0 pp
2030 +3.3% 0.0 pp

10. Sao Tome & Principe GDP Growth Rate: Key Findings

Sao Tome & Principe GDP growth rate is estimated at +3.4% in 2026.
It ranks #77 globally and #36 in Africa by annual GDP growth rate.
The growth rate accelerated by 1.3 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.4%.
The 10-year average GDP growth rate is +2.2%.
The current rate is 0.7 percentage points below the Africa average.
The current rate is 0.6 percentage points above the world average.
The forecast GDP growth rate is +3.3% in 2030, 0.1 percentage points below the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. Sao Tome & Principe GDP Growth Rate FAQs

Sao Tome & Principe GDP growth rate is estimated at +3.4% in 2026.
Sao Tome & Principe ranks #77 globally and #36 in Africa by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.4% in 2026.
Sao Tome & Principe GDP growth rate was +1.5% in 2015.
Sao Tome & Principe GDP growth rate is 0.7 percentage points below the Africa average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.