All Countries
Sao Tome and Principe
Sao Tome and Principe · STP · Africa
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
Sao Tome and Principe, a small island nation in the Gulf of Guinea, faces significant economic challenges due to its small size, limited resources, and vulnerability to external shocks. The economy relies on cocoa exports, tourism, and foreign aid, with potential for offshore oil and gas development. The government is focused on good governance, economic diversification, and sustainable development.
Leadership
Carlos Vila Nova
President
Government: Semi-Presidential Republic
Patrice Trovoada
Gareth Guadalupe
Genésio da Mata
Economy
GDP
$0.7B
GDP per Capita
$2.9K
GDP Growth
+4.2%
Inflation
5.2%
Unemployment
12.5%
Agriculture (cocoa, coffee, copra)FishingTourismOffshore oil potential
Trade
Key Exports
CocoaCoffeeCopraFish
Key Imports
FoodFuelsMachinery and equipmentManufactured goods
Top Partners
PortugalNetherlandsAngolaSpainChina