Private credit by deposit money banks to GDP in Sao Tome and Principe

Sao Tome and Principe: Private credit by deposit money banks to GDP was 18.8% in 2020. ▼ Falling

Latest (2020)
18.8%
Change on year
down 9.0%
World rank
147th
of 187 countries
All-time high
38.1%
in 2011
All-time low
18.8%
in 2020
Years of data
12
2009–2020

Private credit by deposit money banks to GDP in Sao Tome and Principe, 2009–2020

0102030402009201420202009: 34.3 %2010: 37.1 %2011: 38.1 %2012: 36.6 %2013: 31.2 %2014: 26.6 %2015: 26.2 %2016: 25.4 %2017: 24.2 %2018: 21.8 %2019: 20.6 %2020: 18.8 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2020, private credit by deposit money banks to gdp in Sao Tome and Principe stood at 18.8%. That is the lowest value across all 12 years on record.

That represents a change of down 9.0% on the previous year and down 49.4% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Sao Tome and Principe peaked at 38.1% in 2011 and was at its lowest, 18.8%, in 2020.

That places Sao Tome and Principe 147th out of 187 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Private credit by deposit money banks to GDP in Sao Tome and Principe, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Sao Tome and Principe, 2009 to 2020.
Year % Change
2009 34.3%
2010 37.1% +8.2%
2011 38.1% +2.6%
2012 36.6% -3.8%
2013 31.2% -14.8%
2014 26.6% -14.7%
2015 26.2% -1.8%
2016 25.4% -3.0%
2017 24.2% -4.5%
2018 21.8% -9.9%
2019 20.6% -5.5%
2020 18.8% -9.0%

Sao Tome and Principe compared with similar countries

  • Sao Tome and Principe's 18.8% is below the median for lower middle income countries, which is 22.2%, 84% of the median. (46 countries reporting)
  • Sao Tome and Principe's 18.8% is above the median for Sub-Saharan Africa, which is 15.4%, 1.2× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 34.3% 34.3% 34.3% 1
2010s 28.8% 20.6% 38.1% 10
2020s 18.8% 18.8% 18.8% 1

Countries ranked near Sao Tome and Principe

  1. 144 Eswatini 19.9% compare
  2. 145 Solomon Islands 19.7% compare
  3. 146 Suriname 19.6% compare
  4. 148 Djibouti 18.7% compare
  5. 149 Eritrea 18.6% compare
  6. 150 Ethiopia 18.0%

See the full ranking of 187 places →

More financial sector data for Sao Tome and Principe

All data for Sao Tome and Principe →

Frequently asked questions

What is private credit by deposit money banks to gdp in Sao Tome and Principe?
Private credit by deposit money banks to gdp in Sao Tome and Principe was 18.8% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Sao Tome and Principe?
The highest recorded value was 38.1% in 2011.
What is the lowest private credit by deposit money banks to gdp recorded in Sao Tome and Principe?
The lowest recorded value was 18.8% in 2020.
How does Sao Tome and Principe rank for private credit by deposit money banks to gdp?
Sao Tome and Principe ranks 147th out of 187 countries with data for 2020.
Is private credit by deposit money banks to gdp rising or falling in Sao Tome and Principe?
Over the last ten years it is down 49.4%. 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 (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Sao Tome and Principe. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/sao-tome-and-principe/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).