Interest rate spread in Sao Tome and Principe
Sao Tome and Principe: Interest rate spread was 15.2% in 2024. ▼ Falling
Interest rate spread in Sao Tome and Principe, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Sao Tome and Principe is 15.2%, measured in 2024.
The figure is down 1.9% on the previous year and up 6.8% over ten years.
Over the whole period, interest rate spread in Sao Tome and Principe peaked at 22.4% in 2002 and was at its lowest, 13.3%, in 2012.
Sao Tome and Principe ranks 9th of 141 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 24 years of available data.
Interest rate spread in Sao Tome and Principe, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2001 | 22.0% | — |
| 2002 | 22.4% | +1.9% |
| 2003 | 20.1% | -10.3% |
| 2004 | 18.3% | -9.1% |
| 2005 | 19.0% | +3.7% |
| 2006 | 18.6% | -2.2% |
| 2007 | 19.6% | +5.9% |
| 2008 | 19.6% | +0.0% |
| 2009 | 19.2% | -2.4% |
| 2010 | 17.8% | -7.4% |
| 2011 | 14.6% | -17.8% |
| 2012 | 13.3% | -9.0% |
| 2013 | 13.3% | +0.4% |
| 2014 | 14.3% | +6.9% |
| 2015 | 16.4% | +15.1% |
| 2016 | 15.5% | -5.8% |
| 2017 | 15.4% | -0.1% |
| 2018 | 16.1% | +4.1% |
| 2019 | 15.7% | -2.5% |
| 2020 | 15.9% | +1.4% |
| 2021 | 16.1% | +1.3% |
| 2022 | 15.4% | -4.3% |
| 2023 | 15.5% | +0.7% |
| 2024 | 15.2% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.9% | 18.3% | 22.4% | 9 |
| 2010s | 15.2% | 13.3% | 17.8% | 10 |
| 2020s | 15.6% | 15.2% | 16.1% | 5 |
Countries ranked near Sao Tome and Principe
- 6 Kyrgyzstan 18.1% compare
- 7 Congo, Democratic Republic of the 17.6% compare
- 8 Gambia 15.5% compare
- 10 Sierra Leone 14.4% compare
- 11 South Sudan 14.2% compare
- 12 Somalia 13.0%
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 interest rate spread in Sao Tome and Principe?
- Interest rate spread in Sao Tome and Principe was 15.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Sao Tome and Principe?
- The highest recorded value was 22.4% in 2002.
- What is the lowest interest rate spread recorded in Sao Tome and Principe?
- The lowest recorded value was 13.3% in 2012.
- How does Sao Tome and Principe rank for interest rate spread?
- Sao Tome and Principe ranks 9th out of 141 countries with data for 2024.
- Is interest rate spread rising or falling in Sao Tome and Principe?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is falling.
- Where does this Sao Tome and Principe data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.