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 parties precipitated repeated changes in leadership and two failed coup attempts in 1995 and 2003. In 2012 three opposition parties combined in a no confidence vote to bring down the majority government of former Prime Minister Patrice TROVOADA. The new government of Prime Minister Gabriel Arcanjo Ferreira DA COSTA is entirely composed of opposition party members with limited experience in governance. 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: mixed legal system of civil law base on the Portuguese model and customary law
Legislative branch: unicameral National Assembly or Assembleia Nacional (55 seats; members elected by popular vote to serve four-year terms)
Judicial branch: Supreme Court (judges are appointed by the National Assembly); Constitutional Court (five judges appointed by the National Assembly for five year terms); Court of First Instance; Audit Court
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 AOSIS AU CD CPLP EITI (candidate country) FAO G-77 IBRD ICAO ICRM IDA IFAD IFC IFRCS ILO IMF IMO Interpol IOC IOM (observer) IPU ITU ITUC (NGOs) NAM OIF OPCW UN UNCTAD UNESCO UNIDO Union Latina UNWTO UPU WCO WHO WIPO WMO WTO (observer)
Diplomatic representationFrom the us: the US does not have an embassy in Sao Tome and Principe; the Ambassador to Gabon is accredited to Sao Tome and Principe on a nonresident basis and makes periodic visits to the islands
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; green stands for the country's rich vegetation red recalls the struggle for independence and yellow represents cocoa one of the country's main agricultural products; the two stars symbolize the two main islands
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 and Principe has to import fuels most manufactured goods consumer goods and a substantial amount of food making it vulnerable to fluctuations in global commodity prices. Over the years it has had difficulty servicing its external debt and has relied heavily on concessional aid and debt rescheduling. Sao Tome and Principe 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 the government signed on to a new 3-year IMF Poverty Reduction and Growth Facility (PRGF) program worth $4.3 million. In April 2011 the country completed a Threshold Country Program with The Millennium Challenge Corporation to help increase tax revenues reform customs and improve the business environment. 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 and Principe'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 the country's receipt of more than $20 million in signing bonuses for almost a year. Maintaining control of inflation fiscal discipline and increasing flows of foreign direct investment into the oil sector are the major economic problems facing the country.
Agriculture products: cocoa coconuts palm kernels copra cinnamon pepper coffee bananas papayas beans; poultry; fish
Exports: $11.7 million (2011 est.)
Rank: 213
Commodities: cocoa 80% copra coffee palm oil
Partners: Netherlands 29.4% Belgium 27.5% US 8.7% Italy 4.9% Nigeria 4.8% (2011)
Imports: $114.4 million (2011 est.)
Rank: 210
Commodities: machinery and electrical equipment food products petroleum products
Partners: Portugal 63.8% US 6% Gabon 4.7% France 4% (2011)
Exchange rates:
dobras (STD) per US dollar -
19,202 (2012 est.)
17,623 (2011 est.)
18,499 (2010 est.)
16,209 (2009)
14,900 (2008)
top of pagetop of pageBroadcast media: 1 government-owned TV station; 1 government-owned radio station; 3 independent local radio stations authorized in 2005 with 2 operating at the end of 2006; transmissions of multiple international broadcasters are available (2007)
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