Inflation São Tomé and Príncipe 2024

Average inflation: 17.8%

Current Inflation

Inflation is very high at 17.8%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 18.5%. The lowest inflation was in January at 17.0%.

Highest month
February: 18.5%
Lowest month
January: 17.0%
Difference
1.5 percentage points
Months with data
2 of 12

Historical Context

Current inflation is 2.8% higher than the 5-year average of 15.0%.

5-year average
15%
10-year average
10.7%
All-time high (2023)
21.5%
All-time low (2015)
5.3%

Trend

Inflation has remained relatively stable. Compared to 2023, the difference is minimal (-3.7 percentage point).

Change vs. previous year
-3.7 percentage points
Largest monthly swing
January: -8.6 percentage points

ECB Target

Inflation is 15.8% 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 €117.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2024

Month overview

Month Inflation Difference vs. 2023
January 17.0% -8.6
February 18.5% -5.1
Average 17.8%

Data source

Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.

See also