Inflation São Tomé and Príncipe 2022
Average inflation: 17.9%
Current Inflation
Inflation is very high at 17.9%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 25.2%. The lowest inflation was in January at 10.5%.
- Highest month
- December: 25.2%
- Lowest month
- January: 10.5%
- Difference
- 14.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 7.6% higher than the 5-year average of 10.3%. This approaches the highest level since records began (17.9% in 2022).
- 5-year average
- 10.3%
- 10-year average
- 8.3%
- All-time high (2022)
- 17.9%
- All-time low (2015)
- 5.3%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +9.8 percentage point.
- Change vs. previous year
- +9.8 percentage points
- Largest monthly swing
- November: +15.8 percentage points
ECB Target
Inflation is 15.9% 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 €117.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 10.5% | +2.4 |
| February | 12.1% | +3.8 |
| March | 12.7% | +3.6 |
| April | 14.3% | +6.9 |
| May | 14.9% | +8.1 |
| June | 16.7% | +10.3 |
| July | 18.5% | +11.6 |
| August | 19.4% | +10.6 |
| September | 21.9% | +12.8 |
| October | 23.5% | +15.1 |
| November | 24.6% | +15.8 |
| December | 25.2% | +15.7 |
| Average | 17.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.