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Sao Tome and Principe

Democratic Republic of Sao Tome and Principe: its economy, what is open there now and who is doing business there.

Open tenders, funding calls and programmes
3Show open
Contract awards on record
555Awards
Companies on record
24
Deals tracked
0
Portuguese Sao Tomean Dobra (STN) Portuguese civil law
AU, AfCFTA, CPLP, WTO

Sao Tome and Principe is one of Africa's smallest nations (population ~220,000), a two-island country in the Gulf of Guinea. The economy depends on cocoa production (historically the primary export), tourism, fishing, and international aid. Offshore oil and gas potential in the Joint Development Zone (shared with Nigeria) has attracted exploration interest but commercial production has not yet materialized. The country has improved democratic governance with regular peaceful elections. Challenges include extreme small market size, isolation, import dependence, and limited infrastructure. Tourism development centered on eco-tourism and cultural heritage offers growth potential.

Snapshot

Population~0.2 MWorld Bank, 2025
GDP (current USD)$1.0 BWorld Bank, 2025
GDP per Capita$4,084World Bank, 2025
GDP Growth1.03%World Bank, 2025
Inflation (y/y)~11.05%World Bank, 2025
Unemployment9.13%World Bank, ILO modelled estimate, 2025
Internet Use~59.12%World Bank, 2024
Electrification~76.00%World Bank WDI
CPI Score (Rank)44.0/100 (#67)Transparency Intl
HDI (Rank)0.618 (#138)UNDP HDR

World Bank Indicators Compare with another country

GDP (current USD)$981.3 MWorld Bank, 2025
GDP growth (annual)1.03%World Bank, 2025
GDP per capita (USD)$4,084World Bank, 2025
Population, total240,254World Bank, 2025
FDI net inflows (USD)$103.5 MWorld Bank, 2025
Inflation (consumer prices)11.05%World Bank, 2025
Unemployment (% labour force)9.13%World Bank, 2025
Internet use (% of people)59.12%World Bank, 2024
Trade (% of GDP)46.57%World Bank, 2025

Climate Readiness Full ranking

59out of 100
Established
Climate adaptation readiness for Sao Tome and Principe, from 5 of 5 measured indicators.
Energy access7676.0% · 30% weight
Governance readiness4444 / 100 CPI · 20% weight
Human readiness620.618 HDI · 20% weight
Economic readiness65$4,084, 2025 · 15% weight
Digital readiness3535.0% · 15% weight
This scores climate adaptation readiness (adaptive capacity), following the readiness dimension of the ND-GAIN framework, from five measured indicators scaled 0 to 100. It does not measure emissions or physical climate vulnerability. Energy access is the most climate-specific of the five; the others cover governance, the economy, human development and digital readiness. The economic sub-score is relative to the African countries we cover.
How this is computed

Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework, from measured indicators only. It is not a measure of emissions or physical climate vulnerability.

  • Energy access (30%): World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
  • Governance readiness (20%): Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
  • Human readiness (20%): UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
  • Economic readiness (15%): World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
  • Digital readiness (15%): World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.

A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.

Country Facts

CapitalSao Tome
RegionCentral Africa
CurrencySao Tomean Dobra (STN)
FX RegimeFixed peg to EUR
Legal SystemPortuguese civil law
Time ZoneAfrica/Sao_Tome

Focus Sectors

Agriculture (cocoa)
Tourism
Fishing
Oil & Gas (potential)
Construction
Telecoms

Trade

Exports $49.0M (2024)

0.4% to other African countries

Top export partners

Pakistan
20.5%
Netherlands
17.3%
France
14.0%
Poland
13.6%
Germany
10.0%
Switzerland
4.7%
Indonesia
4.4%
Belgium
2.4%
Portugal
2.0%
Singapore
1.9%

Top export products (HS 4)

Cocoa beans
43.0%
Palm oil and its fractions
13.8%
Petroleum oils and oils obtained from bituminous minerals
12.9%
Vessels and other floating structures
9.3%
Motor vehicles
5.8%
Turbo-jets, turbo-propellers and other gas turbines
3.2%
Transmission apparatus for radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus
1.3%
Fish
0.7%
Aircraft
0.7%
Electrical apparatus for switching, protecting electrical circuits, for making connections to or in electrical circuits
0.6%

By HS chapter

Cocoa and cocoa preparations 43.5%Animal, vegetable or microbial fats and oils and their cleavage products 13.9%Mineral fuels, mineral oils and products of their distillation 13.1%Ships, boats and floating structures 9.3%Vehicles 5.8%Machinery and mechanical appliances, boilers, nuclear reactors 4.2%Electrical machinery and equipment and parts thereof 3.4%Fish and crustaceans, molluscs and other aquatic invertebrates 1.1%Aircraft, spacecraft, and parts thereof 0.7%Fruit and nuts, edible 0.6%

Imports $145.5M (2024)

16.1% from other African countries

Top import partners

Portugal
44.5%
China
14.4%
Angola
14.0%
Japan
7.2%
Türkiye
3.2%
Brazil
3.1%
Spain
1.6%
Belgium
1.3%
Netherlands
1.2%
Thailand
1.0%

Top import products (HS 4)

Petroleum oils and oils from bituminous minerals, not crude
12.4%
Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
7.3%
Wine of fresh grapes, including fortified wines
2.9%
Meat and edible offal of poultry
2.8%
Rice
2.8%
Wheat or meslin flour
2.6%
Cane or beet sugar and chemically pure sucrose, in solid form
1.9%
Waters, including mineral and aerated waters, containing added sugar or sweetening matter, flavoured
1.7%
Machinery parts
1.7%
Soap
1.7%

By HS chapter

Mineral fuels, mineral oils and products of their distillation 12.5%Machinery and mechanical appliances, boilers, nuclear reactors 9.8%Ships, boats and floating structures 7.5%Electrical machinery and equipment and parts thereof 6.3%Beverages, spirits and vinegar 6.2%Products of the milling industry 3.6%Iron or steel articles 3.4%Meat and edible meat offal 3.0%Cereals 2.8%Vehicles 2.6%

Source: CEPII BACI (version 202601, updated 22 Jan 2026), Etalab 2.0 (licence). Goods only, HS 2022, current USD, 2024. Aggregated by allbusiness.africa.

Regulations & Taxes

Corporate Income Tax25% standard
VAT / Sales Tax15% standard