São Tomé & Príncipe

São Tomé & Príncipe Economic Outlook

  • Real GDP growth increased to 4.9% in 2014, up from 4.0% in 2013, driven by improved agricultural production and services, and the trend is expected to continue into 2015 with growth projected to reach 5.1%.
  • The country, which has strong governance based on the rule of law, held a free and transparent legislative election on 12 October 2014, offering a promising environment for political stability and enhanced investor confidence.
  • As a small island country, Sao Tome and Principe faces spatial inclusion challenges due to rising sea levels caused by climate change and the lack of a national strategy to address territorial inequalities.

São Tomé & Príncipe

Since its first operations in 1978, the Bank provided significant support to the country’s development. As of May 2013, the Bank financed 30 operations (15 projects, five studies and seven multi-sector activities projects) valued at US $156 million. These interventions in São Tomé and Príncipe (STP) cut across all sectors: agriculture, 45%; multi-sector, 37%;and social, 18%.

Contacts

Bureau du Programme National de São Tomé and Príncipe

Groupe de la Banque africaine de Développement
S/C Programme des Nations Unies pour le Développement
Avenue des Nations Unies
BP 109
São Tomé and Príncipe

Tél : (239) 9907116 / (239) 2221123

M. Flavio Soares Da Gama, économiste pays résident

Southern Africa Resource Center (SARC)

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr. Kennedy Mbekeani, Officer-in-Charge

Key Facts

Flag:
Capital: São Tomé
Area: 1,001 sq km
Total Population 2015: 0.2 Million
Urban Population 2015: 64.05%
Female Population 2015: 50.62%
GDP: US$ 324.0 Million
GNI Per Capita 2015: US$ 1,310
Inflation Rate: 8.52%
Crude Birth Rate (per 1000): 33.93%
Human Development Index (rank / 187): 144
Human Development Index (scale 0 to 1): 0.525
Membership Date: 14/04/1977
Cumulative Approvals (1967-2015): UA 128.6 Million

Show more facts


Explore what we do

Select a country

Explore our activities