Sao Tome and Principe Government Budget
Sao Tome and Principe recorded a Government Budget deficit equal to 6.90 percent of the country's Gross Domestic Product in 2013. Government Budget in Sao Tome and Principe averaged 4.72 Percent of GDP from 2002 until 2013, 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. Government Budget in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
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Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Sao Tome and Principe Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.