Sao Tome and Principe
On this page you will find beneficial information regarding foreign direct investment in / trading with Sao Tome and Principe. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Republic
Population: 223,107 (2021)
GDP: 526.7 million USD (2021)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 10% - 15%
Major Exports: Cocoa Beans ($17M), Palm Oil ($6.75M), Gas Turbines ($6.01M), Aircraft Parts ($1.58M), and Integrated Circuits ($1.07M), exporting mostly to Netherlands ($8.82M), Singapore ($5.25M), Belgium ($4.09M), Poland ($3.48M), and Portugal ($3.21M).
Major Imports: Rice ($6.89M), Cars ($5.8M), Wine ($4.9M), Cement ($4.47M), and Flavored Water ($4.24M), importing mostly from Portugal ($79.8M), China ($17.7M), Belgium ($5.82M), Turkey ($4.84M), and Angola ($4.82M).