Sao Tome and Principe: Financial development

The latest value from 2021 is 0.122 index points, a decline from 0.132 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Sao Tome and Principe from 1993 to 2021 is 0.09 index points. The minimum value, 0.039 index points, was reached in 1998 while the maximum of 0.159 index points was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.