Sao Tome and Principe's budget balance in relation to GDP 2028
While the budget balance in relation to the gross domestic product in Sao Tome and Principe was forecast to increase long-term between 2023 and 2028 by in total 0.2 percentage points, it is estimated to decrease in the years 2024, 2026 and 2028. The budget balance is estimated to amount to 2.95 percent in 2028. While the budget balance was forecast to increase significant in the next years, the increase will slow down in the future.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about Sao Tome and Principe with key insights such as total population, gross domestic product in current prices and ratio of government expenditure to gross domestic product.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about Sao Tome and Principe with key insights such as total population, gross domestic product in current prices and ratio of government expenditure to gross domestic product.
