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Sao Tome and Principe: GDP (constant 2015 US$)

In , Sao Tome and Principe's GDP (constant 2015 US$) was 322.25 million.

That's up 1.1% from 2023, the highest value on record.

The global average for this indicator in 2024 was $497.78 billion . Sao Tome and Principe ranks #189 globally out of 192 reporting countries. Within Sub-Saharan Africa, it ranks #46 of 46.

Source: World Bank Open Data (NY.GDP.MKTP.KD) • Data as of 2024

Trend (2005–2024)

Sao Tome and Principe GDP (constant 2015 US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
322.25M
Trough
176.05M
1-year change
+1.1%
5-year change
+6.3%
+1.2% / yr
10-year change
+25.8%
+2.3% / yr

Historical Data — Last 10 Years

Year GDP (constant 2015 US$)
322.247M
318.741M
317.559M
317.024M
311.115M
303.157M
297.172M
284.707M
273.459M
260.000M

About GDP (constant 2015 US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.MKTP.KD • Category: Economy

How to read GDP figures: GDP (Gross Domestic Product) is measured in current US dollars, which means values change both due to real economic growth and currency fluctuations. A more useful comparison across countries is GDP per capita, which divides GDP by population. For growth trends, check GDP growth (annual %).

Frequently asked questions

What was Sao Tome and Principe's GDP (constant 2015 US$) in 2024?
In 2024, Sao Tome and Principe's GDP (constant 2015 US$) was 322.25 million, according to World Bank Open Data.
Is Sao Tome and Principe's GDP (constant 2015 US$) rising or falling?
Sao Tome and Principe's GDP (constant 2015 US$) rose 1.1% from 2023 to 2024.
How does Sao Tome and Principe rank globally on GDP (constant 2015 US$)?
In 2024, Sao Tome and Principe ranked #189 out of 192 countries reporting GDP (constant 2015 US$).
How does Sao Tome and Principe's GDP (constant 2015 US$) compare to the world average?
The global average for GDP (constant 2015 US$) in 2024 was $497.78 billion, so Sao Tome and Principe is below the world average. Within Sub-Saharan Africa, it ranks #46 of 46.
What is GDP (constant 2015 US$) and how is it measured?
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (NY.GDP.MKTP.KD), CC BY 4.0.