ities in recent years. The government also
has attempted to reduce price controls and subsidies. Sao Tome is also
optimistic that substantial petroleum discoveries are forthcoming in
its territorial waters in the oil-rich waters of the Gulf of Guinea.
Corruption scandals continue to weaken the economy.

GDP: purchasing power parity - $189 million (2001 est.)

GDP - real growth rate: 4% (2001 est.)

GDP - per capita: purchasing power parity - $1,200 (2001 est.)

GDP - composition by sector: agriculture: 25% industry: 10% services:
65% (1999 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 7% (2001 est.)

Labor force: NA

Labor force - by occupation: population mainly engaged in subsistence
agriculture and fishing note: Unemployment rate: NA%

Budget: revenues: $58 million expenditures: $114 million, including
capital expenditures of $54 million (1993 est.)

Industries: light construction, textiles, soap, beer; fish processing;
timber

Industrial production growth rate: NA%

Electricity - production: 17 million kWh (2000)

Electricity - production by source: fossil fuel: 41.18% hydro: 58.82%
other: 0% (2000) nuclear: 0%

Electricity - consumption: 15.81 million kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 0 kWh (2000)

Agriculture - products: cocoa, coconuts, palm kernels, copra, cinnamon,
pepper, coffee, bananas, papayas, beans; poultry; fish

Exports: $4.1 million (f.o.b., 2000 est.)

Exports - commodities: cocoa 90%, copra, coffee, palm oil

Exports - partners: Portugal 33.3%, Netherlands 8.3%, Spain 8.3% (1999)

Imports: $40 million (f.o.b., 2000 est.)

Imports - commodities: machinery and electrical equipment, food products,
petroleum products

Imports - partners: Portugal 43%, France 15.7%, UK 13.7% (1999)

Debt - external: $253.8 million (2000)

Economic aid - recipient: $200 million in December 2000 under the
HIPC program

Currency: dobra (STD)

Currency code: STD

Exchange rates: dobras per US dollar - 9,009.1 (December 2001), 8,842.1
(2001), 7,978.2 (2000), 7,119.0 (1999), 6,883.2 (1998), 4,552.5 (1997)

Fiscal year: calendar year

Communications Sao Tome and Principe

Telephones - main lines in use: 3,000 (1997)

Telephones - mobile cellular: 6,942 (1997)

Telephone system: general assessment: