Budget balance — all countries

Budget balance — Sao Tome and Principe

Budget balance in Sao Tome and Principe in 2031 — 2.7%. Ranked 12 in the world out of 188. Since 2000, the indicator has fallen by 48.8 pp.

2031 2.7% −0.2 pp vs 2030
World rank 12of 188
Period maximum 125.1%2007
Period minimum -25.1%2004

Trend over time

2000–2031 · % of GDP

Budget balance — Sao Tome and Principe, 2000–2031-500501001502000200420082012201620202024202820312000: 51.5%2001: -13.5%2002: -10.4%2003: -15.9%2004: -25.1%2005: 26.8%2006: 18%2007: 125.1%2008: 13.6%2009: -18%2010: -12.1%2011: -13%2012: -12.3%2013: 2.1%2014: -6.3%2015: -7.6%2016: -5%2017: -3.1%2018: -2%2019: -0.1%2020: 2.9%2021: -1.5%2022: -2.2%2023: -2.1%2024: 0.9%2025: -2.5%2026: 1%2027: 1.6%2028: 2.9%2029: 2.7%2030: 2.9%2031: 2.7%
Change over the period: −48.8 pp Annual average: -1.57 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Sao Tome and Principe

Sao Tome and Principe 2.7%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Middle Africa computed -2.47%
Budget balance — Sao Tome and Principe, by year Sao Tome and Principe All countries CSV XLSX
Year % Change, pp
2031 2.7 −0.2 pp
2030 2.9 +0.2 pp
2029 2.7 −0.2 pp
2028 2.9 +1.3 pp
2027 1.6 +0.6 pp
2026 1 +3.5 pp
2025 -2.5 −3.4 pp
2024 0.9 +3 pp
2023 -2.1 +0.1 pp
2022 -2.2 −0.7 pp
2021 -1.5 −4.4 pp
2020 2.9 +3 pp
2019 -0.1 +1.9 pp
2018 -2 +1.1 pp
2017 -3.1 +1.9 pp
2016 -5 +2.6 pp
2015 -7.6 −1.3 pp
2014 -6.3 −8.4 pp
2013 2.1 +14.4 pp
2012 -12.3 +0.7 pp
2011 -13 −0.9 pp
2010 -12.1 +5.9 pp
2009 -18 −31.6 pp
2008 13.6 −111.5 pp
2007 125.1 +107.1 pp
2006 18 −8.8 pp
2005 26.8 +51.9 pp
2004 -25.1 −9.2 pp
2003 -15.9 −5.5 pp
2002 -10.4 +3.1 pp
2001 -13.5 −65 pp
2000 51.5

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.