Domestic credit to private sector in Sao Tome and Principe
Sao Tome and Principe: Domestic credit to private sector was 19.8% in 2020. ▲ Rising
Domestic credit to private sector in Sao Tome and Principe, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Sao Tome and Principe stood at 19.8%.
The figure is down 8.8% on the previous year and down 47.7% over ten years.
Over the whole period, domestic credit to private sector in Sao Tome and Principe peaked at 38.9% in 2011 and was at its lowest, 4.4%, in 2001.
That places Sao Tome and Principe 149th out of 187 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Domestic credit to private sector in Sao Tome and Principe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 4.4% | — |
| 2002 | 5.7% | +30.3% |
| 2003 | 10.0% | +76.7% |
| 2004 | 15.5% | +54.6% |
| 2005 | 22.2% | +43.2% |
| 2006 | 26.1% | +17.5% |
| 2007 | 30.8% | +17.9% |
| 2008 | 27.6% | -10.3% |
| 2009 | 34.9% | +26.4% |
| 2010 | 37.9% | +8.4% |
| 2011 | 38.9% | +2.7% |
| 2012 | 37.5% | -3.5% |
| 2013 | 32.3% | -14.0% |
| 2014 | 27.7% | -14.2% |
| 2015 | 27.4% | -1.2% |
| 2016 | 26.6% | -2.6% |
| 2017 | 25.2% | -5.3% |
| 2018 | 23.1% | -8.6% |
| 2019 | 21.7% | -5.8% |
| 2020 | 19.8% | -8.8% |
Sao Tome and Principe compared with similar countries
- Sao Tome and Principe's 19.8% is below the median for lower middle income countries, which is 24.7%, 80% of the median. (46 countries reporting)
- Sao Tome and Principe's 19.8% is above the median for Sub-Saharan Africa, which is 16.1%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.7% | 4.4% | 34.9% | 9 |
| 2010s | 29.8% | 21.7% | 38.9% | 10 |
| 2020s | 19.8% | 19.8% | 19.8% | 1 |
Countries ranked near Sao Tome and Principe
More financial sector data for Sao Tome and Principe
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Sao Tome and Principe?
- Domestic credit to private sector in Sao Tome and Principe was 19.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Sao Tome and Principe?
- The highest recorded value was 38.9% in 2011.
- What is the lowest domestic credit to private sector recorded in Sao Tome and Principe?
- The lowest recorded value was 4.4% in 2001.
- How does Sao Tome and Principe rank for domestic credit to private sector?
- Sao Tome and Principe ranks 149th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Sao Tome and Principe?
- Over the last ten years it is down 47.7%. The long-run trend across the full record is rising.
- Where does this Sao Tome and Principe data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.