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Sao Tome and Principe: Inflation, GDP deflator (annual %)

In , Sao Tome and Principe's Inflation, GDP deflator (annual %) was 17.70.

That's down 25.5% from 2023, the highest value since .

The global average for this indicator in 2024 was 13.69 . Sao Tome and Principe ranks #16 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #8 of 46.

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

Trend (2005–2024)

Sao Tome and Principe Inflation, GDP deflator (annual %) 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
28.83
Trough
4.08
1-year change
-25.5%
5-year change
+57.1%
+9.5% / yr
10-year change
+282.9%
+14.4% / yr

Historical Data — Last 10 Years

Year Inflation, GDP deflator (annual %)
17.7003
23.7461
15.7807
5.1643
9.2683
11.2644
8.9197
4.0808
7.0535
4.5037

About Inflation, GDP deflator (annual %)

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Indicator code: NY.GDP.DEFL.KD.ZGCategory: Economy

Frequently asked questions

What was Sao Tome and Principe's Inflation, GDP deflator (annual %) in 2024?
In 2024, Sao Tome and Principe's Inflation, GDP deflator (annual %) was 17.70, according to World Bank Open Data.
Is Sao Tome and Principe's Inflation, GDP deflator (annual %) rising or falling?
Sao Tome and Principe's Inflation, GDP deflator (annual %) fell 25.5% from 2023 to 2024.
How does Sao Tome and Principe rank globally on Inflation, GDP deflator (annual %)?
In 2024, Sao Tome and Principe ranked #16 out of 193 countries reporting Inflation, GDP deflator (annual %).
How does Sao Tome and Principe's Inflation, GDP deflator (annual %) compare to the world average?
The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Sao Tome and Principe is above the world average. Within Sub-Saharan Africa, it ranks #8 of 46.
What is Inflation, GDP deflator (annual %) and how is it measured?
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
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Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.