Sao Tome and Principe: Current account, in dollars
* indicates monthly or quarterly data series
| Sao Tome and Principe |
Current account balance, billion USD |
|---|---|
| Latest value | -0.08 |
| Year | 2022 |
| Measure | billion U.S. dollars |
| Data availability | 1974 - 2022 |
| Average | -0.04 |
| Min - Max | -0.11 - 0.01 |
| Source | The World Bank |
The latest value from 2022 is -0.08 billion U.S. dollars, an increase from -0.1 billion U.S. dollars in 2021. In comparison, the world average is 2.00 billion U.S. dollars, based on data from 162 countries. Historically, the average for Sao Tome and Principe from 1974 to 2022 is -0.04 billion U.S. dollars. The minimum value, -0.11 billion U.S. dollars, was reached in 2011 while the maximum of 0.01 billion U.S. dollars was recorded in 1974.
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Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Selected articles from our guide:
What factors determine the exchange rates
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 91.34 | 2021 | percent |
| Financial openness | 0.534 | 2021 | index points |
| Foreign Direct Investment, percent of GDP | 23.35 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 0.13 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2022 | million dollars (current) |
| Current account, percent of GDP | -13.80 | 2023 | percent |
| Current account, in dollars | -0.08 | 2022 | billion U.S. dollars |
| Trade balance, in dollars | -0.12 | 2022 | billion U.S. dollars |
| Reserves | 0.06 | 2022 | billion U.S. dollars |
| Remittances, percent of GDP | 1.35 | 2023 | percent |
| Remittances | 8.15 | 2023 | million U.S. dollars |
| Net errors and omissions | -70.44 | 2022 | million USD |
| External debt | 71.29 | 2022 | percent |
| Short-term external debt | 5.23 | 2022 | percent |
| Short-term debt to reserves | 42.14 | 2022 | percent |
| Foreign exchange reserves | 0.06 | 6/2024 | billion |