Sao Tome and Principe recorded a Government Budget deficit equal to 4.90 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Sao Tome and Principe
Government Budget in Sao Tome and Principe averaged 1.58 percent of GDP from 2002 until 2021, reaching an all time high of 121.50 percent of GDP in 2007 and a record low of -17.30 percent of GDP in 2009. This page provides - Sao Tome and Principe Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Government Budget - values, historical data and charts - was last updated on June of 2023.
Government Budget in Sao Tome and Principe is expected to reach -0.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Government Budget is projected to trend around -1.30 percent of GDP in 2023 and -1.60 percent of GDP in 2024, according to our econometric models.