top of pageBackground: Discovered and claimed by Portugal in the late 15th century the islands' sugar-based economy gave way to coffee and cocoa in the 19th century - all grown with plantation slave labor a form of which lingered into the 20th century. While independence was achieved in 1975 democratic reforms were not instituted until the late 1980s. The country held its first free elections in 1991 but frequent internal wrangling between the various political party's precipitated repeated changes in leadership and two failed coup attempts in 1995 and 2003. The recent discovery of oil in the Gulf of Guinea promises to attract increased attention to the small island nation.
Climate: tropical; hot humid; one rainy season (October to May)
GeographyNote: the smallest country in Africa; the two main islands form part of a chain of extinct volcanoes and both are mountainous
top of pageEthnic groups: mestico angolares (descendants of Angolan slaves) forros (descendants of freed slaves) servicais (contract laborers from Angola Mozambique and Cape Verde) tongas (children of servicais born on the islands) Europeans (primarily Portuguese)
Religions: Catholic 70.3% Evangelical 3.4% New Apostolic 2% Adventist 1.8% other 3.1% none 19.4% (2001 census)
top of pageConstitution: approved March 1990 effective 10 September 1990
Legal system: based on Portuguese legal system and customary law; has not accepted compulsory ICJ jurisdiction
Executive branchChief of state: President Fradique Bandiera Melo DE MENEZES
Head of government: Prime Minister Joachim Rafael BRANCO (since 22 June 2008)
Cabinet: Council of Ministers appointed by the president on the proposal of the prime minister
Elections: president elected by popular vote for a five-year term (eligible for a second term); election last held 30 July 2006 (next to be held July 2011); prime minister chosen by the National Assembly and approved by the president
Election results: Fradique DE MENEZES elected president; percent of vote - Fradique DE MENEZES 60% Patrice TROVOADA 38.5%
Legislative branch: unicameral National Assembly or Assembleia Nacional (55 seats; members are elected by popular vote to serve four-year terms)
Elections: last held on 26 March 2006 (next to be held in March 2010)
Election results: percent of vote by party - MDFM-PCD 37.2% MLSTP 28.9% ADI 20.0% NR 4.7% others 9.2%; seats by party - MDFM-PCD 23 MLSTP 19 ADI 12 NR 1
Judicial branch: Supreme Court (judges are appointed by the National Assembly)
Political parties and leaders: Force for Change Democratic Movement or MDFM [Tome Soares da VERA CRUZ]; Independent Democratic Action or ADI [[Patrice TROVOADA]; Movement for the Liberation of Sao Tome and Principe-Social Democratic Party or MLSTP-PSD [Rafael BRANCO]; New Way Movement or NR; Party for Democratic Convergence or PCD [Delfim NEVES]; Ue-Kedadji coalition; other small parties
International organization participation: ACP AfDB AU CPLP FAO G-77 IBRD ICAO ICCt (signatory) ICRM IDA IFAD IFC IFRCS ILO IMF IMO Interpol IOC IOM (observer) IPU ITU ITUC NAM OIF OPCW UN UNCTAD UNESCO UNIDO Union Latina UNWTO UPU WCL WFTU WHO WIPO WMO WTO (observer)
Flag description: three horizontal bands of green (top) yellow (double width) and green with two black five-pointed stars placed side by side in the center of the yellow band and a red isosceles triangle based on the hoist side; uses the popular pan-African colors of Ethiopia
top of pageEconomy overview: This small poor island economy has become increasingly dependent on cocoa since independence in 1975. Cocoa production has substantially declined in recent years because of drought and mismanagement. Sao Tome has to import all fuels most manufactured goods consumer goods and a substantial amount of food. Over the years it has had difficulty servicing its external debt and has relied heavily on concessional aid and debt rescheduling. Sao Tome benefited from $200 million in debt relief in December 2000 under the Highly Indebted Poor Countries (HIPC) program which helped bring down the country's $300 million debt burden. In August 2005 Sao Tome signed on to a new 3-year IMF Poverty Reduction and Growth Facility (PRGF) program worth $4.3 million. Considerable potential exists for development of a tourist industry and the government has taken steps to expand facilities in recent years. The government also has attempted to reduce price controls and subsidies. Potential exists for the development of petroleum resources in Sao Tome's territorial waters in the oil-rich Gulf of Guinea which are being jointly developed in a 60-40 split with Nigeria but any actual production is at least several years off. The first production licenses were sold in 2004 though a dispute over licensing with Nigeria delayed Sao Tome's receipt of more than $20 million in signing bonuses for almost a year. Real GDP growth averaged about 6% in 2006-08 as a result of increases in public expenditures and oil-related capital investment.
Agriculture products: cocoa coconuts palm kernels copra cinnamon pepper coffee bananas papayas beans; poultry; fish
Industries: light construction textiles soap beer fish processing timber
Imports: $65 million (2007 est.)
Rank: 208
Commodities: machinery and electrical equipment food products petroleum products
Partners: Portugal 55.8% Belgium 9.6% Japan 9.3% (2008)
Exchange rates: dobras (STD) per US dollar - 14,900 (2008 est.) 13,700 (2007) 12,050 (2006) 9,900 (2005) 9,902 (2004)
top of pagetop of pageTelephone systemGeneral assessment: local telephone network of adequate quality with most lines connected to digital switches
Domestic: combined fixed-line and mobile-cellular teledensity approaching 30 telephones per 100 persons
International: country code - 239; satellite earth station - 1 Intelsat (Atlantic Ocean) (2008)
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