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Laboratoire de la finance africaine

Sao Tome & Principe

Preview 2018
Projected Real GDP Growth (% Change) : 4.0
GDP (current, USD Bn) : 0.42
Projected Consumer Prices (% Change) : 7.9
Country Population : 0.227 million
Economic performance and outlook

Real GDP grew by an estimated 4.0% in 2019 on the back of improvements in agriculture, construction, and services. The service sector explained about 70% of the growth in 2016–18, with strong performance in wholesale and retail trade and in restaurants and hotels, which benefited from growing tourism following reforms such as the e-Visa in 2018.

(Download detailed Analysis Source : Report African Economic Outlook 2020 ; AfDB)