Sao Tome and Principe
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About Sao Tome and Principe
Sao Tome and Principe is a country located in Central Africa in the Gulf of Guinea, just north of the Equator west of Gabon, covering an area of approximately 964 square kilometers. As of 2024, Sao Tome and Principe has a population of about 223,561, with Portuguese as the official language alongside Forro, Cabo Verdian, French, Angolar, English, and Lunguie. The islands are volcanic and mountainous with a tropical climate that is hot and humid with one rainy season from October to May. Sao Tome serves as the capital, and the government operates as a semi-presidential republic.
Sao Tome and Principe has a lower-middle-income Central African island economy with a GDP of $764.27 million and a GDP per capita of $5,500, driven by light construction, textiles, soap, beer, fish processing, and timber. Key agricultural products include plantains, oil palm fruit, taro, bananas, fruits, cocoa beans, yams, coconuts, cassava, and vegetables, while natural resources include fish and hydropower. The unemployment rate is 9.2% as of 2024, with a life expectancy of 69.9 years and a literacy rate of 87.4%. Cocoa production has been falling due to drought and mismanagement, and the country has a joint oil venture with Nigeria.
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Country Name
conventional short form: Sao Tome and Principe
local long form: Republica Democratica de Sao Tome e Principe
local short form: Sao Tome e Principe
etymology: Sao Tome was named after Saint THOMAS the Apostle by the Portuguese who discovered the island on 21 December 1470 (or 1471), the saint's feast day; Principe is a shortening of the original Portuguese name of "Ilha do Principe" (Isle of the Prince), referring to Prince ALPHONSO of Portugal
Economy
Economic Overview
lower middle-income Central African island economy; falling cocoa production due to drought and mismanagement; joint oil venture with Nigeria; government owns 90% of land; high debt, partly from fuel subsidies; tourism gutted by COVID-19
