Sao Tome and Principe recorded a Government Budget deficit equal to 2.10 percent of the country's Gross Domestic Product in 2017. Government Budget in Sao Tome and Principe averaged 2.85 percent of GDP from 2002 until 2017, reaching an all time high of 121.50 percent of GDP in 2007 and a record low of -17.30 percent of GDP in 2009.
Government Budget in Sao Tome and Principe is expected to be 4.05 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Government Budget is projected to trend around 2.23 percent of GDP in 2020, according to our econometric models.