Sao Tome and Principe Government Budget

Sao Tome and Principe recorded a Government Budget deficit equal to 9.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe. Government Budget in Sao Tome and Principe averaged 6.16 Percent of GDP from 2002 until 2012, 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 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-9.40 -11.90 121.50 -17.30 -15.63 | 2013/12 2002 - 2012 Percent of GDP Yearly

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Sao Tome and Principe Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 15.00 [+]
Government Debt To GDP 75.80 2011-12-31 75.80 309.20 33.30 77.51 2012-12-31 Percent of GDP [+]
Government Budget -9.40 2012-12-31 -11.90 121.50 -17.30 -15.63 2013-12-31 Percent of GDP [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Sao Tome and Principe Interest Rate at 12.00 Percent  
The benchmark interest rate in Sao Tome and Principe was last recorded at 12 percent. Interest Rate in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe Imports at 45.17 USD Million  
Imports in Sao Tome and Principe increased to 45.17 USD Million in the fourth quarter of 2013 from 31.82 USD Million in the third quarter of 2013. Imports in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe Exports at 2.97 USD Million  
Exports in Sao Tome and Principe increased to 2.97 USD Million in the fourth quarter of 2013 from 2.01 USD Million in the third quarter of 2013. Exports in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe Balance of Trade at -42.20 USD Million  
Sao Tome and Principe recorded a trade deficit of 42.20 USD Million in the fourth quarter of 2013. Balance of Trade in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe Current Account at -99.50 USD Million  
Sao Tome and Principe recorded a Current Account deficit of 99.50 USD Million in 2012. Current Account in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe Current Account to GDP at -38.00 Percent  
Sao Tome and Principe recorded a Current Account deficit of 38 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe Government Budget at -9.40 Percent of GDP  
Sao Tome and Principe recorded a Government Budget deficit equal to 9.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe Inflation Rate at 6.80 Percent  
The inflation rate in Sao Tome and Principe was recorded at 6.80 percent in November of 2013. Inflation Rate in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
Sao Tome and Principe GDP per capita at 840.38 USD  
The Gross Domestic Product per capita in Sao Tome and Principe was last recorded at 840.38 US dollars in 2012. The GDP per Capita in Sao Tome and Principe is equivalent to 7 percent of the worlds average. GDP per capita in Sao Tome and Principe is reported by the World Bank.
Sao Tome and Principe GDP per capita PPP at 1596.37 USD  
The Gross Domestic Product per capita in Sao Tome and Principe was last recorded at 1596.37 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Sao Tome and Principe, when adjusted by Purchasing Power Parity is equivalent to 7 percent of the worlds average. GDP per capita PPP in Sao Tome and Principe is reported by the World Bank.
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