Fiscal Balance in Sao Tome and Principe
The fiscal balance averaged 2.7% of GDP in the decade to 2023, same level as the average of % of GDP. The fiscal balance in Sao Tome and Principe in 2023 was -1.4% of GDP. For more information on fiscal balance, visit our dedicated page
Sao Tome and Principe Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Sao Tome and Principe from 2013 to 2023.
Source: Macrobond.
Sao Tome and Principe Fiscal Balance Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Fiscal Balance (% of GDP) | 3.3 | -1.3 | -1.7 | -1.4 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Santomean fiscal balance projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Santomean fiscal balance.
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