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

Updated on by Georank team

Sao Tome and Principe has a GDP of $822M compared to $12B for South Sudan, ranking 189/197 and 149/197 by economy size, respectively.

Sao Tome and Principe has $533M in government debt (64.8% of GDP), compared to $7.04B (50.7% of GDP) in South Sudan.

Sao Tome and Principe vs South Sudan GDP by year

Sao Tome and Principe
South Sudan
1x
Year GDP, current $
Sao Tome South Sudan
2024 $822,154,621 -
2023 $690,456,807 -
2022 $540,809,499 -
2021 $524,402,456 -
2020 $471,229,485 -
2019 $412,976,083 -
2018 $383,717,328 -
2017 $322,002,845 -
2016 $292,267,272 -
2015 $259,999,643 $11,997,800,760
2014 $293,119,143 $13,962,212,847
2013 $267,041,748 $18,426,469,017
2012 $225,815,132 $11,931,472,169
2011 $226,455,001 $14,907,308,933
2010 $190,021,192 $14,602,072,411
2009 $200,668,065 $12,231,264,525
2008 $188,021,165 $14,586,253,383
2007 $149,146,919 -
2006 $142,775,104 -
2005 $136,450,662 -
2004 $114,582,284 -
2003 $102,085,769 -
2002 $85,171,074 -
2001 $75,951,133 -
2000 $76,198,395 -
1999 $77,302,212 -
1998 $72,285,404 -
1997 $91,920,274 -
1996 $135,188,166 -
1995 $103,695,237 -
1994 $131,338,415 -
1993 $125,742,229 -
1992 $94,861,781 -
1991 $107,484,143 -
1990 $119,297,933 -
1989 $98,545,367 -
1988 $99,000,764 -
1987 $115,952,925 -
1986 $115,928,907 -
1985 $82,733,069 -
1984 $78,213,796 -
1983 $75,110,289 -
1982 $80,307,763 -
1981 $83,499,264 -
1980 $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 (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Sao Tome and Principe vs South Sudan by year

Sao Tome and Principe
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Sao Tome South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,491 $6,242 - -
2023 $2,991 $6,150 - -
2022 $2,390 $6,034 - -
2021 $2,363 $5,733 - -
2020 $2,167 $5,145 - -
2019 $1,935 $4,655 - -
2018 $1,826 $3,941 - -
2017 $1,556 $3,436 - -
2016 $1,435 $3,320 - -
2015 $1,298 $3,172 $1,080 $1,155
2014 $1,490 $3,233 $1,243 $1,373
2013 $1,383 $2,946 $1,650 $1,917
2012 $1,192 $2,653 $1,109 $1,417
2011 $1,220 $2,914 $1,449 $2,718
2010 $1,045 $2,859 $1,498 $2,948
2009 $1,128 $2,846 $1,323 $2,911
2008 $1,082 $2,802 $1,654 $2,887
2007 $879 $2,650 - -
2006 $862 $2,551 - -
2005 $844 $2,329 - -
2004 $727 $2,171 - -
2003 $664 $2,094 - -
2002 $568 $1,945 - -
2001 $519 $1,898 - -
2000 $529 $1,830 - -
1999 $543 $1,802 - -
1998 $514 $1,754 - -
1997 $662 $1,714 - -
1996 $987 $1,693 - -
1995 $769 $1,663 - -
1994 $990 $1,623 - -
1993 $964 $1,581 - -
1992 $740 $1,556 - -
1991 $855 $1,540 - -
1990 $970 $1,504 - -
1989 $821 - - -
1988 $847 - - -
1987 $1,018 - - -
1986 $1,043 - - -
1985 $761 - - -
1984 $735 - - -
1983 $720 - - -
1982 $783 - - -
1981 $830 - - -
1980 $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 (1970–2024, retrieved 2026-04-06).

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

Sao Tome and Principe's GDP per capita is $3,491, ranking 134/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Sao Tome and Principe ranks 151st at $6,242, while South Sudan ranks 197th at $1,155.

Economic indicators

Sao Tome South Sudan
Gross domestic product
$822M
2024
$12B
2015
GDP rank
189/197
2024
149/197
2015
GDP growth
1.1%
2023-2024
-10.8%
2014-2015
GDP per capita
$3,491
2024
$1,080
2015
GDP per capita rank
134/197
2024
175/197
2015
GDP per capita, PPP
$6,242
2024
$1,155
2015
GDP per capita PPP rank
151/197
2024
197/197
2015
Government debt
$533M
2024
$7.04B
2015
Debt-to-GDP ratio
64.8%
2024
50.7%
2024
Government debt per person
$2,262
2024
$633
2015
Government debt per person rank
116/185
2024
158/185
2015
Average annual personal income after taxes
$3,111
2026
$1,305
2026
Income share by richest 10%
32.8%
2017
33%
2016
Income share by poorest 10%
2.6%
2017
1.8%
2016
Government expenditure, % of GDP
24.7%
2024
18.1%
2024
Consumer prices inflation
14.4%
2023-2024
91.4%
2023-2024
Central bank interest rate n/a
15%
2023
Unemployment rate
6.66%
2017
12.3%
2008
Population
246362
12507858

Spending and national debt comparison by year

Sao Tome and Principe
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Sao Tome South Sudan
Government spending Government debt Government spending Government debt
2024 24.7% 64.8% 18.1% 50.7%
2023 23.9% 73.2% 21.4% 51.9%
2022 27.7% 86.8% 29.4% 37.3%
2021 25.6% 85.1% 44.1% 50.2%
2020 23.2% 91% 34.1% 49%
2019 22.8% 98.6% 47.9% 43.1%
2018 28% 95.9% 54.5% 77.6%
2017 31.9% 92.3% 97% 178.3%
2016 38.3% 104.6% 66.5% 164.7%
2015 41.6% 101.1% 34% 58.6%
2014 36% 92.5% 35.8% 37.7%
2013 35.5% 76.8% 25.3% 17.6%
2012 50.5% 59.6% 31.6% 8.91%
2011 53.4% 86% 20.8% -
2010 51.7% 83% - -
2009 48.6% 70.3% - -
2008 30.4% 60.7% - -
2007 38.9% 110.1% - -
2006 32.5% 283.2% - -
2005 43.7% 334% - -
2004 60.6% 354% - -
2003 51.9% 329% - -
2002 44.3% 367% - -
2001 52.8% 418% - -
2000 10.7% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

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

In 2024, Sao Tome and Principe's government spending was $203M, accounting for 24.7% of its GDP, while South Sudan spent $4.08B, or 18.1% of GDP.

Debt-to-GDP ratio is 64.8% in Sao Tome and Principe and 50.7% in South Sudan, ranking 69/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Sao Tome and Principe

South Sudan
1x
Year Deficit/surplus, % of GDP
Sao Tome South Sudan
2024 0.92% 11.7%
2023 -2.13% 8.04%
2022 -2.24% 4.48%
2021 -1.52% -9.3%
2020 2.94% -5.5%
2019 -0.07% 0.04%
2018 -2.02% -1.06%
2017 -3.11% 9.56%
2016 -5.01% -19.8%
2015 -7.6% -16.4%
2014 -6.27% -9.07%
2013 2.13% -3.45%
2012 -12.3% -14.8%
2011 -13% 4.57%
2010 -12.1% -
2009 -18% -
2008 13.6% -
2007 125.1% -
2006 18% -
2005 26.8% -
2004 -25.1% -
2003 -15.9% -
2002 -10.4% -
2001 -13.5% -
2000 51.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

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

In 2015, Sao Tome and Principe's government deficit, the difference between spending and revenue, was $19.8M, equivalent to 7.6% of GDP. This compares to South Sudan's deficit of $1.97B, or 16.4% of GDP.

Over the past 5 years, Sao Tome and Principe recorded a fiscal deficit in 4 of those years, while South Sudan ran a deficit in 4 years. On average, Sao Tome and Principe posted an annual deficit equal to 7.4% of GDP, compared to deficit of 7.83% of GDP for South Sudan.

Inflation comparison by year

Inflation
Sao Tome and Principe

South Sudan
1x
Year Consumer prices inflation
Sao Tome South Sudan
2024 14.4% 91.4%
2023 21.2% 2.38%
2022 18% -6.69%
2021 8.1% 10.5%
2020 9.8% 29.7%
2019 7.7% 87.2%
2018 7.9% 83.5%
2017 5.7% 187.9%
2016 5.4% 380%
2015 6.1% 52.8%
2014 7% 1.67%
2013 8.1% -0.06%
2012 10.6% 45.5%
2011 14.3% 46.9%
2010 13.3% 1.17%
2009 17% 5.01%
2008 32% -
2007 18.6% -
2006 23.1% -
2005 17.2% -
2004 13.3% -
2003 9.8% -
2002 10.1% -
2001 9.2% -
2000 11% -
1999 11% -
1998 42.1% -
1997 69% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (2009–2024, retrieved 2026-04-06).

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

Over the past 16 years, Sao Tome and Principe has recorded an average annual inflation rate of 10.9%, compared with 63.7% in South Sudan. In 2024, inflation was 14.4% in Sao Tome and Principe and 91.4% in South Sudan.

Balance of trade

Sao Tome South Sudan
Current account balance
$41.5M
2024
$578M
2023
Current account balance ranking
74/190
2024
60/190
2023
Current account balance, % of GDP
+5.05%
2024
-4.17%
2015
Goods imports
$153M
2024
$2.25B
2023
Goods exports
$29.3M
2024
$4.01B
2023
Service imports
$83M
2024
$2.19B
2023
Service exports
$88.2M
2024
$484M
2023
Imports of goods and services, % of GDP n/a
28.9%
2015
Exports of goods and services, % of GDP
10%
2025
36.7%
2015

Economic freedom indices

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

Sao Tome South Sudan
Economic freedom 60.6 41
Economic freedom ranking 93/197 186/197
Property rights 55.2 n/a
Government integrity 47.2 n/a
Judicial effectiveness 60.8 n/a
Tax burden 88.6 n/a
Government spending 80.6 n/a
Fiscal health 89.5 n/a
Business freedom 59.9 n/a
Labor freedom 40.8 n/a
Monetary freedom 59.4 n/a
Trade freedom 65 n/a
Investment freedom 50 n/a
Financial freedom 30 n/a

Other economic metrics

Sao Tome South Sudan
Services, % of GDP
80.3%
2024
56.6%
2015
Industry, % of GDP
2.83%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
12.5%
2024
10.4%
2015
GNI, Atlas method
$671M
2024
$11.7B
2015
GNI per capita, PPP
$6,240
2024
$1,010
2015
Total reserves including gold
$46.2M
2023
$72.9M
2023
Total reserves ranking
176/177
2023
175/177
2023
Net foreign direct investment
$20.5M
2024
$2.21M
2019
Net inflows of foreign direct investment
-$16.7M
2024
$83.4M
2024
Net outflows of foreign direct investment
$3.83M
2024
$0
2024
Servicing debt to the IMF, % of GNI
0.64%
2024
n/a
Poverty at national poverty lines
66.2%
2020
66%
2020
Gross capital formation, % of GDP n/a
5.75%
2015

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.