Sao Tome and Principe Interest Rate

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. Interest Rate in Sao Tome and Principe averaged 18.04 Percent from 1998 until 2014, reaching an all time high of 29.50 Percent in December of 1998 and a record low of 12 Percent in April of 2014. In Sao Tome and Principe, interest rates decisions are taken by the Monetary Committee of the Bank of Sao Tome and Principe. The official rate is the reference rate. This page provides - Sao Tome and Principe Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
12.00 14.00 29.50 12.00 12.00 | 2014/05 1998 - 2014 Percent Monthly

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Sao Tome and Principe Interest Rate
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 12.00 2014-04-04 14.00 29.50 12.00 12.00 2014-05-31 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


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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