São Tomé and Principe's gross capital formation (current US$) was US$85.79 million in 2025, the latest year in the World Bank's World Development Indicators. That is up 126.76% from US$37.83 million in 2015 (8.53% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$85.79 million | 2025 |
| Five years earlier | US$55.63 million | 2020 |
| Ten years earlier | US$37.83 million | 2015 |
| Highest | US$85.79 million | 2025 |
| Lowest | US$35.32 million | 2008 |
| Average since 2016 | US$52.99 million | 2016–2025 |
| First recorded | US$35.32 million |
What the numbers say
In 2025, São Tomé and Principe's gross capital formation (current US$) rose 50.2% on 2024 (from US$57.1 million to US$85.79 million).
Across the 16 yearly changes before that (2009 to 2024), the average change was +4.4% and a typical year strayed about 17% from that (the standard deviation). This year's change was 2.7 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 50.2% in 2025 and the biggest yearly fall was 25.3% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$2.53 million a year. A straight line explains 35% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, São Tomé and Principe had the 129th highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| São Tomé and Principe | US$85.79 million | 2025 |
| World | US$29.36 trillion | 2024 |
| Sub-Saharan Africa | US$511.09 billion | 2025 |
| Lower middle income | US$2.27 trillion | 2025 |
Closest to São Tomé and Principe in the 2025 ranking
- Samoa — 125th of 130: US$386.85 million
- Central African Republic — 126th of 130: US$285.28 million
- Comoros — 127th of 130: US$214.98 million
- Djibouti — 129th of 130: US$71.69 million
- Equatorial Guinea — 130th of 130: −US$471.79 million
What this measures
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on capital formation may be estimated from direct surveys of enterprises and administrative records or based on the commodity flow method using data from production, trade, and construction activities.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 18 values
| Year | Gross capital formation (current US$) |
|---|---|
| 2025 | 85,785,754 |
| 2024 | 57,100,778 |
| 2023 | 42,841,220 |
| 2022 | 44,846,690 |
| 2021 | 53,943,385 |
| 2020 | 55,628,750 |
| 2019 | 49,455,202 |
| 2018 | 52,775,314 |
| 2017 | 49,279,007 |
| 2016 | 38,293,852 |
| 2015 |
Gross capital formation (current US$) in nearby economies
- Angola — US$10.97 billion (2024)
- Benin — US$8.8 billion (2025)
- Botswana — US$5.81 billion (2025)
- Burkina Faso — US$4.76 billion (2025)
- Cabo Verde — US$532.06 million (2025)
- Cameroon — US$11.4 billion (2025)
- Central African Republic — US$285.28 million (2025)
- Chad — US$4.37 billion (2025)
- Comoros — US$214.98 million (2025)
- Congo, Dem. Rep. — US$28.81 billion (2025)
More economic policy & debt data for São Tomé and Principe
- GDP (current US$) — US$981.29 million (2025)
- GDP (current LCU) — 21.28 billion (2025)
- GDP (constant 2015 US$) — US$326.78 million (2025)
- GDP (constant LCU) — 4.28 billion (2025)
- GDP per capita (current US$) — US$4,084 (2025)
- GDP per capita (current LCU) — 88,591 (2025)
- GDP per capita (constant 2015 US$) — US$1,360 (2025)
- GDP per capita (constant LCU) — 17,810 (2025)
- GNI (current US$) — US$1.06 billion (2025)
- GNI (current LCU) — 23.04 billion (2025)
Reading data like this
Questions people ask
- What is São Tomé and Principe's gross capital formation (current US$)?
- US$85.79 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is up 142.87% from US$35.32 million in 2008 (5.36% a year on average, compounded). The highest value was US$85.79 million in 2025 and the lowest US$35.32 million in 2008.
- How does São Tomé and Principe rank?
- 129th highest of 130 economies with data for 2025.
- Is the latest change in gross capital formation (current US$) unusual for São Tomé and Principe?
- In 2025, São Tomé and Principe's gross capital formation (current US$) rose 50.2% on 2024 (from US$57.1 million to US$85.79 million). Across the 16 yearly changes before that (2009 to 2024), the average change was +4.4% and a typical year strayed about 17% from that (the standard deviation). This year's change was 2.7 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NE.GDI.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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