Sao Tome and Principe recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2019.
Government Budget in Sao Tome and Principe averaged 2.21 percent of GDP from 2002 until 2019, 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. This page provides - Sao Tome and Principe Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Government Budget - values, historical data and charts - was last updated on October of 2020.
Government Budget in Sao Tome and Principe is expected to reach -12.00 percent of GDP by the end of 2020, 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 -10.00 percent of GDP in 2021 and -8.00 percent of GDP in 2022, according to our econometric models.