São Tomé and Príncipe

Democratic Republic of São Tomé and Príncipe

Region: Central Africa · ISO code: STP

Economy

Nominal GDP

USD 0.83 billion

GDP per capita

USD 3,066

2021–2025 average

Currency

Name
São Tomé and Príncipe dobra
Добра Сан-Томе и Принсипи
ISO code
STN
Rate against the US dollar
USD 1 = 21.79 STN
Rate against the rouble
1 STN = 3.8350 RUB
Rate type
Cross rate via the Bank of Russia USD/RUB rate
Currency zone
National currency

Exchange rate as of 1 October 2026

Economic structure

GDP structure: 2021–2025 average Source: Based on World Bank data (https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS); World Bank, WDI: NV.AGR/NV.IND/NV.SRV.TOTL.ZS, calculation of averages for 2021–2025 (https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS). Period: 2021–2025 average

  • Agriculture 13.5%
  • Industry 3.3%
  • Services 79.2%

Industries and programmes

Key industries
Cocoa, tourism, fishing, and services.Source: World Bank, São Tomé and Príncipe Overview (https://www.worldbank.org/en/country/saotome/overview)
Government programmes
Source: UNDP, CPD São Tomé e Príncipe 2023–2027 (https://www.undp.org/sites/g/files/zskgke326/files/2023-09/CPD%20PORTUGUES%20document.pdf)

International trade

Exports of goods, 2021–2025

USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025

Exports of goods, USD billion 0.00 0.02 0.04 2021 2022 2023 2024 2025 2021: 0.020.02 2022: 0.02 2023: 0.02 2024: 0.03 2025: 0.040.04 Exports of goods, USD billion 0.00 0.02 0.04 2021 2022 2023 2024 2025 2021: 0.020.02 2022: 0.02 2023: 0.02 2024: 0.03 2025: 0.040.04
Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 100.0 2023: 100.0 2024: 150.0 2025: 200.0200.0 Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 100.0 2023: 100.0 2024: 150.0 2025: 200.0200.0
Table
Exports of goods, 2021–2025: amount and index (2021 = 100)
YearUSD billionindex, 2021 = 100
20210.02100.0
20220.02100.0
20230.02100.0
20240.03150.0
20250.04200.0
Imports of goods
USD 0.19 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
Exports of goods and services
USD 0.13 billion 2025Source: World Bank, national accounts. Period: 2025
Change in exports of goods, 2021–2025
+100.0%
Average annual rate of change in exports of goods, 2021–2025
+18.9%

Export specialisation

Main export products

share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023

  • cocoa and cocoa preparations61.5%
  • fats and oils33.8%
  • coffee, tea and spices2.0%
  • aircraft0.3%
  • machinery and equipment0.3%

Main export destinations

share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023

  • Netherlands60.3%
  • Belgium20.7%
  • Portugal4.7%
  • Germany3.2%
  • Spain3.2%

Investment areas

Source: World Bank, São Tomé and Príncipe Overview (https://www.worldbank.org/en/country/saotome/overview)
  • Tourism
  • Fishing
  • Renewable energy
  • Cocoa processing

Agreements with Russia

Other agreements

Source: ppt.ru, Federal Law No. 396-FZ (https://ppt.ru/obzory/vstupaet-v-silu/federalnyy-zakon-23-11-2024-396-fz)
  • Agreement on Military Cooperation (ratified by Russia in November 2024).
  • Visa-free entry for Russian citizens for up to 15 days (unilateral arrangement).

Incentives

Main regimes and incentives

Investment Code 2016: customs and tax incentives subject to agreement with the sectoral ministry.

Source: UNCTAD Investment Laws (https://investmentpolicy.unctad.org/investment-laws/laws/380/print/3)
Type of measure
Duty exemption
Investment agency
APCI — Trade and Investment Promotion Agency (Agência de Promoção do Comércio e Investimento)