Inflation São Tomé and Príncipe 2021

Average inflation: 8.1%

Current Inflation

Inflation is very high at 8.1%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 9.5%. The lowest inflation was in June at 6.4%.

Highest month
December: 9.5%
Lowest month
June: 6.4%
Difference
3.1 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 7.8%.

5-year average
7.8%
10-year average
7.6%
All-time high (2011)
14.4%
All-time low (2015)
5.3%

Trend

Inflation has remained relatively stable. Compared to 2020, the difference is minimal (-1.7 percentage point).

Change vs. previous year
-1.7 percentage points
Largest monthly swing
June: -3.7 percentage points

ECB Target

Inflation is 6.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €108.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Month overview

Month Inflation Difference vs. 2020
January 8.1% -0.9
February 8.3% +0.2
March 9.1% +1.0
April 7.4% -2.2
May 6.8% -3.2
June 6.4% -3.7
July 6.9% -3.3
August 8.8% -1.2
September 9.1% -1.7
October 8.4% -3.4
November 8.8% -2.0
December 9.5% +0.2
Average 8.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also