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Economy of Albania vs Sao Tome and Principe compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $981M for Sao Tome and Principe, ranking 113/197 and 189/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $546M (55.7% of GDP) in Sao Tome and Principe.

Albania vs Sao Tome and Principe GDP by year

Albania
Sao Tome and Principe
1x
Year GDP, current $
Albania Sao Tome
2025 $30,540,188,271 $981,293,587
2024 $27,037,474,263 $824,992,558
2023 $23,491,242,727 $690,456,807
2022 $19,017,247,014 $540,809,499
2021 $18,031,989,573 $524,402,456
2020 $15,241,458,745 $471,229,485
2019 $15,585,111,614 $412,976,083
2018 $15,379,508,330 $383,717,328
2017 $13,258,268,436 $322,002,845
2016 $11,988,668,785 $292,267,272
2015 $11,470,171,827 $259,999,643
2014 $13,296,322,588 $293,119,143
2013 $12,796,985,886 $267,041,748
2012 $12,246,499,748 $229,371,348
2011 $12,973,755,875 $226,455,001
2010 $12,086,545,641 $190,021,192
2009 $12,335,540,656 $200,668,065
2008 $13,258,506,375 $188,021,165
2007 $11,116,937,870 $149,146,919
2006 $9,150,528,132 $142,775,104
2005 $8,256,658,250 $136,450,662
2004 $7,406,645,793 $114,582,284
2003 $5,801,712,040 $102,085,769
2002 $4,515,003,117 $85,171,074
2001 $4,059,064,033 $75,951,133
2000 $3,584,570,165 $76,198,395
1999 $3,283,941,510 $77,302,212
1998 $2,600,356,999 $72,285,404
1997 $2,293,666,030 $91,920,274
1996 $3,234,486,232 $135,188,166
1995 $2,905,092,799 $103,695,237
1994 $1,880,950,864 $131,338,415
1993 $1,185,315,468 $125,742,229
1992 $652,174,991 $94,861,781
1991 $1,099,559,028 $107,484,143
1990 $2,028,553,750 $119,297,933
1989 $2,253,090,000 $98,545,367
1988 $2,051,236,250 $99,000,764
1987 $2,080,796,250 $115,952,925
1986 $2,097,326,250 $115,928,907
1985 $1,897,050,117 $82,733,069
1984 $1,857,337,995 $78,213,796
1983 $1,881,412,587 $75,110,289
1982 $1,861,163,170 $80,307,763
1981 $1,808,177,156 $83,499,264
1980 $1,578,102,105 $81,662,231
1979 - $65,755,928
1978 - $55,044,563
1977 - $49,207,692
1976 - $52,039,421
1975 - $60,101,710
1974 - $57,817,591
1973 - $56,011,245
1972 - $41,430,257
1971 - $37,288,845
1970 - $37,211,826

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/sao-tome-and-principe | CC BY

GDP per capita in Albania vs Sao Tome and Principe by year

Albania
GDP per capita

GDP per capita, PPP
Sao Tome and Principe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Sao Tome
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $4,084 -
2024 $11,374 $26,702 $3,503 $6,242
2023 $9,741 $24,822 $2,991 $6,150
2022 $7,757 $22,138 $2,390 $6,034
2021 $7,242 $18,213 $2,363 $5,733
2020 $6,028 $16,288 $2,167 $5,145
2019 $6,069 $16,442 $1,935 $4,655
2018 $5,898 $15,055 $1,826 $3,941
2017 $5,006 $14,111 $1,556 $3,436
2016 $4,458 $13,056 $1,435 $3,320
2015 $4,200 $12,387 $1,298 $3,172
2014 $4,794 $11,788 $1,490 $3,233
2013 $4,543 $10,882 $1,383 $2,946
2012 $4,281 $10,609 $1,211 $2,653
2011 $4,466 $10,273 $1,220 $2,914
2010 $4,149 $9,755 $1,045 $2,859
2009 $4,214 $9,031 $1,128 $2,846
2008 $4,499 $8,469 $1,082 $2,802
2007 $3,743 $7,585 $879 $2,650
2006 $3,058 $6,753 $862 $2,551
2005 $2,742 $6,014 $844 $2,329
2004 $2,447 $5,595 $727 $2,171
2003 $1,909 $5,169 $664 $2,094
2002 $1,480 $4,840 $568 $1,945
2001 $1,326 $4,451 $519 $1,898
2000 $1,160 $3,978 $529 $1,830
1999 $1,056 $3,549 $543 $1,802
1998 $831 $3,086 $514 $1,754
1997 $729 $2,760 $662 $1,714
1996 $1,021 $3,054 $987 $1,693
1995 $911 $2,777 $769 $1,663
1994 $586 $2,385 $990 $1,623
1993 $367 $2,143 $964 $1,581
1992 $200.9 $1,899 $740 $1,556
1991 $337 $1,989 $855 $1,540
1990 $617 $2,656 $970 $1,504
1989 $698 - $821 -
1988 $653 - $847 -
1987 $675 - $1,018 -
1986 $694 - $1,043 -
1985 $640 - $761 -
1984 $639 - $735 -
1983 $662 - $720 -
1982 $668 - $783 -
1981 $663 - $830 -
1980 $591 - $829 -
1979 - - $683 -
1978 - - $587 -
1977 - - $539 -
1976 - - $585 -
1975 - - $693 -
1974 - - $683 -
1973 - - $676 -
1972 - - $511 -
1971 - - $470 -
1970 - - $479 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/sao-tome-and-principe | CC BY

Albania's GDP per capita is $12,998, ranking 79/197, compared to $4,084 in Sao Tome and Principe, ranking 132/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Sao Tome and Principe ranks 151st at $6,242.

Economic indicators

Albania Sao Tome
Gross domestic product
$30.5B
2025
$981M
2025
GDP rank
113/197
2025
189/197
2025
GDP growth
3.79%
2024-2025
1.03%
2024-2025
GDP per capita
$12,998
2025
$4,084
2025
GDP per capita rank
79/197
2025
132/197
2025
GDP per capita, PPP
$26,702
2024
$6,242
2024
GDP per capita PPP rank
79/197
2024
151/197
2024
Government debt
$16.1B
2025
$546M
2025
Debt-to-GDP ratio
52.6%
2025
55.7%
2025
Government debt per person
$6,837
2025
$2,275
2025
Government debt per person rank
72/185
2025
115/185
2025
Average annual personal income after taxes
$9,481
2026
$3,249
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.8%
2020
32.8%
2017
Income share by poorest 10%
3.4%
2020
2.6%
2017
Government expenditure, % of GDP
30.1%
2025
21.2%
2025
Consumer prices inflation
2.2%
2024-2025
0.9%
2024-2025
Central bank interest rate
2.5%
2025
n/a
Unemployment rate
8.43%
2024
6.66%
2017
Population
2332078
247495

Spending and national debt comparison by year

Albania
Spending

Debt
Sao Tome and Principe
Spending

Debt
1x
Year % of GDP
Albania Sao Tome
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 21.2% 55.7%
2024 28.9% 54.5% 23.8% 65.2%
2023 28.5% 58% 23.9% 73.2%
2022 30.3% 64.7% 27.7% 86.8%
2021 31.9% 74.8% 25.6% 85.1%
2020 32.4% 75.4% 23.2% 91%
2019 28.7% 66.6% 22.8% 98.6%
2018 28.7% 68.5% 28% 95.9%
2017 29.2% 71.9% 31.9% 92.3%
2016 29.1% 73.3% 38.3% 104.6%
2015 30.8% 73.7% 41.6% 101.1%
2014 31.7% 72% 36% 92.5%
2013 29.2% 70.4% 35.5% 76.8%
2012 28.2% 62.1% 50.5% 59.6%
2011 28.9% 59.4% 53.4% 86%
2010 29.4% 57.7% 51.7% 83%
2009 32.7% 59.7% 48.6% 70.3%
2008 31.7% 55.1% 30.4% 60.7%
2007 29.3% 53.6% 38.9% 110.1%
2006 29.2% 56.7% 32.5% 283.2%
2005 28.9% 58.2% 43.7% 334%
2004 30.2% 57.5% 60.6% 354%
2003 29.7% 60.2% 51.9% 329%
2002 31.5% 64.1% 44.3% 367%
2001 32.7% 60.6% 52.8% 418%
2000 33.8% 63.8% 10.7% -
1999 37.1% 68.2% - -
1998 36.8% 71.2% - -
1997 30.3% 72.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/sao-tome-and-principe | CC BY

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Sao Tome and Principe spent $208M, or 21.2% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 55.7% in Sao Tome and Principe, ranking 96/185 and 88/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Sao Tome and Principe
1x
Year Deficit/surplus, % of GDP
Albania Sao Tome
2025 -1.75% -2.53%
2024 -0.72% 0.92%
2023 -1.32% -2.13%
2022 -3.64% -2.24%
2021 -4.57% -1.52%
2020 -6.67% 2.94%
2019 -1.84% -0.07%
2018 -1.58% -2.02%
2017 -1.41% -3.11%
2016 -1.5% -5.01%
2015 -4.32% -7.6%
2014 -5.46% -6.27%
2013 -5.22% 2.13%
2012 -3.44% -12.3%
2011 -3.52% -13%
2010 -3.52% -12.1%
2009 -6.59% -18%
2008 -4.88% 13.6%
2007 -3.18% 125.1%
2006 -3.26% 18%
2005 -3.46% 26.8%
2004 -5.16% -25.1%
2003 -5.01% -15.9%
2002 -6.21% -10.4%
2001 -6.84% -13.5%
2000 -7.77% 51.5%
1999 -8.84% -
1998 -9.93% -
1997 -11.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/sao-tome-and-principe | CC BY

In 2025, Albania's government deficit, the difference between spending and revenue, was $533M, equivalent to 1.75% of GDP. This compares to Sao Tome and Principe's deficit of $24.8M, or 2.53% of GDP.

Over the past 26 years, Albania recorded a fiscal deficit in 26 of those years, while Sao Tome and Principe ran a deficit in 18 years. On average, Albania posted an annual deficit equal to 3.95% of GDP, compared to surplus of 3.39% of GDP for Sao Tome and Principe.

Inflation comparison by year

Inflation
Albania

Sao Tome and Principe
1x
Year Consumer prices inflation
Albania Sao Tome
2025 2.2% 0.9%
2024 2.2% 14.4%
2023 4.8% 21.1%
2022 6.7% 18.1%
2021 2% 8.1%
2020 1.6% 9.8%
2019 1.4% 7.7%
2018 2% 7.9%
2017 2% 5.7%
2016 1.3% 5.4%
2015 1.9% 6.1%
2014 1.6% 7%
2013 1.9% 8.1%
2012 2% 10.6%
2011 3.4% 14.3%
2010 3.6% 13.3%
2009 2.2% 17%
2008 3.3% 32%
2007 3% 18.6%
2006 2.4% 23.1%
2005 2.4% 17.2%
2004 2.9% 13.3%
2003 2.4% 9.8%
2002 5.2% 10.1%
2001 3.1% 9.2%
2000 0% 11%
1999 0.4% 11%
1998 20.6% 42.1%
1997 33.2% 69%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/sao-tome-and-principe | CC BY

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 15.2% in Sao Tome and Principe. In 2025, inflation was 2.2% in Albania and 0.9% in Sao Tome and Principe.

Balance of trade

Albania Sao Tome
Current account balance
-$161M
2025
$41.5M
2024
Current account balance ranking
86/190
2025
68/190
2024
Current account balance, % of GDP
-0.53%
2025
+5.03%
2024
Goods imports
$8.52B
2025
$153M
2024
Goods exports
$1.76B
2025
$29.3M
2024
Service imports
$4.55B
2025
$83M
2024
Service exports
$9.66B
2025
$88.2M
2024
Imports of goods and services, % of GDP
42.5%
2025
33.3%
2025
Exports of goods and services, % of GDP
37%
2025
13.3%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Albania Sao Tome
Economic freedom 68 60.6
Economic freedom ranking 50/197 93/197
Property rights 57.6 55.2
Government integrity 41.9 47.2
Judicial effectiveness 59.9 60.8
Tax burden 89.3 88.6
Government spending 74.3 80.6
Fiscal health 88 89.5
Business freedom 76.6 59.9
Labor freedom 46.2 40.8
Monetary freedom 78.6 59.4
Trade freedom 83 65
Investment freedom 60 50
Financial freedom 60 30

Economic freedom comparison by year

Albania
Sao Tome and Principe
1x
Year Economic freedom index
Albania Sao Tome
2026 68 60.6
2025 66.6 60.4
2024 64.8 60.5
2023 65.3 61.5
2022 66.6 60.3
2021 65.2 55.9
2020 66.9 56.2
2019 66.5 54
2018 64.5 53.6
2017 64.4 55.4
2016 65.9 56.7
2015 65.7 53.3
2014 66.9 48.8
2013 65.2 48
2012 65.1 50.2
2011 64 49.5
2010 66 48.8
2009 63.7 43.8
2008 62.4 -
2007 61.4 -
2006 60.3 -
2005 57.8 -
2004 58.5 -
2003 56.8 -
2002 56.8 -
2001 56.6 -
2000 53.6 -
1999 53.4 -
1998 53.9 -
1997 54.8 -
1996 53.8 -
1995 49.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/albania/sao-tome-and-principe | CC BY

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 60.6 for Sao Tome and Principe, ranking 93/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Sao Tome
Services, % of GDP
49.7%
2025
81.4%
2025
Industry, % of GDP
21.8%
2025
2.23%
2025
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
12.2%
2025
GNI, Atlas method
$28.3B
2025
$913M
2025
GNI per capita, PPP
$28,170
2025
$6,920
2025
Total reserves including gold
$8.6B
2025
$58.8M
2024
Total reserves ranking
86/177
2025
175/177
2024
Net foreign direct investment
-$1.51B
2025
$20.5M
2024
Net inflows of foreign direct investment
$1.71B
2024
-$16.7M
2024
Net outflows of foreign direct investment
$261M
2024
$3.83M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
0.62%
2024
Poverty at national poverty lines
19.7%
2022
66.2%
2020
Gross capital formation, % of GDP
25%
2024
8.74%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/sao-tome-and-principe | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.