Serbia and São Tomé & Príncipe
Serbia and São Tomé and Príncipe have discussed expanding political dialogue and sectoral cooperation. São Tomé's position on Kosovo recognition and announced Expo 2027 participation are specific matters in recent diplomatic contacts.
Analysis reviewed: 2026-10-08 · Indicators updated: 2026-10-08What merchandise trade shows
In 2025, goods trade between Serbia and São Tomé and Príncipe totalled USD 0.0227 million in current prices.
Documented trade sectors
Within the selected chapters, machinery and mechanical appliances stands out in shipments from Serbia to São Tomé & Príncipe, at 0.000244 million USD in 2025.
Bilateral indicators
Blank cells: data unavailable.
| Indicator | Value | Period |
|---|---|---|
| Goods trade | 0.0227 M USD | 2025 · Comtrade |
| Goods: Serbia to São Tomé & Príncipe | 0.0152 M USD | 2025 · Comtrade |
| Goods: São Tomé & Príncipe to Serbia | 0.00748 M USD | 2025 · Comtrade |
| Services trade | ||
| Export share: Serbia to São Tomé & Príncipe | 0.0000407 % | 2025 · Comtrade |
| Export share: São Tomé & Príncipe to Serbia | ||
| Investment stock: Serbia in São Tomé & Príncipe | ||
| Investment stock: São Tomé & Príncipe in Serbia |
Definitions and sources
Trade adds both directions. Shares refer to the country’s total goods exports; investment is an accumulated stock, not an annual flow. Every figure retains the currency and period of its source. BEA positions are historical-cost estimates based on the immediate counterpart, not market values or investment by ultimate owner. ‘More than’ indicates a lower bound, not an exact amount. A recorded stock does not establish new activity or authorisation to operate under sanctions.
- Goods trade
- 2025 · UN Comtrade · Goods; full calendar year; reporter SRB. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Goods: Serbia to São Tomé & Príncipe
- 2025 · UN Comtrade · Goods; full calendar year; reporter SRB. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Goods: São Tomé & Príncipe to Serbia
- 2025 · UN Comtrade · Goods; full calendar year; reporter SRB. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
- Export share: Serbia to São Tomé & Príncipe
- 2025 · UN Comtrade · Exports to the partner / worldwide exports by the same reporter; same year and coverage.
Country comparison
Period and source beside each figure · est. = estimate by the stated institution.
Some annual indicators refer to different years. Check the period beside each value before comparing them.
| Indicator | Serbia | São Tomé & Príncipe |
|---|---|---|
| Nominal GDP | 99.95 billion USD2025 · WB | 981,293,586.91 USD2025 · WB |
| GDP per capita | 15,262.05 USD2025 · WB | 4,084.4 USD2025 · WB |
| GDP growth | 2.03 %2025 · WB | 1.03 %2025 · WB |
| Policy interest rate | ||
| Inflation · annual average | 3.89 %Annual average · 2025 · WB | 11.05 %Annual average · 2025 · WB |
| Inflation · latest year-on-year figure | ||
| Unemployment | 7.12 %ILO est.2025 · WB | 9.13 %ILO est.2025 · WB |
| Budget balance (% of GDP) | -2.2 %IMF est.2025 · IMF | -2.5 %IMF est.2025 · IMF |
| Gross public debt (% of GDP) | 42.4 %IMF est.2025 · IMF | 55.7 %IMF est.2025 · IMF |
| Current account balance (% of GDP) | -4.9 %2025 · WB | 5.03 %2024 · WB |
| Population | 6,549,143World Bank est.2025 · WB | 240,2542025 · WB |
| Area | 84,990 km²2023 · WB | 960 km²2023 · WB |
| Military expenditure | ||
| Military expenditure (% of GDP) |
Definitions, dates and sources
Blank cells are not zero. Average annual inflation and the latest year-on-year figure appear in separate rows: they are not the same measure. Every annual indicator retains its reference year; when the years differ, the figures are identified as not directly comparable. When a figure is unavailable from the World Bank, an annual IMF estimate is used and identified as such. The latest year-on-year figure is the latest official release verified as of 7 October 2026. This includes advance releases marked as provisional. Mexico may have a fortnightly figure before the full month is published; it is not automatically compared with a monthly figure. The publication date is retained in each source’s details; it does not replace the observation period or the annual average. Policy rates carry their own dates and represent different instruments. Spain and France share the ECB rate. Balances are positive for surpluses and negative for deficits. The IMF may use fiscal years; unemployment retains each source’s definition (ILO estimates, IMF WEO or PCBS), as stated in the details. For Palestine, debt and the fiscal balance cover central government and retain the PCBS definition; they are not presented as consolidated general government. These are economic magnitudes, not measures of relationship quality.
Area retains each source’s territorial coverage; it does not determine sovereignty or effective control. Canada uses an archived national geographic reference. Military expenditure retains the 2024 SIPRI sample distributed by the World Bank: the amount and percentage of GDP use that same definition, which differs from NATO’s. It is not an approved budget or a 2026 figure. Information from the Stockholm International Peace Research Institute (SIPRI). Military expenditure database · Terms of use0
Indicators reviewed: 2026-10-07. Each source retains its original access date; this review does not turn all the data into 2026 observations. Figures may be revised.
- Nominal GDP
- Current USDSerbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.São Tomé & Príncipe: 2025 · World Bank · World Bank series; observation year, not download date.
- GDP per capita
- Current USD per personSerbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.São Tomé & Príncipe: 2025 · World Bank · World Bank series; observation year, not download date.
- GDP growth
- Annual real change (%)Serbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.São Tomé & Príncipe: 2025 · World Bank · World Bank series; observation year, not download date.
- Policy interest rate
- Central bank instrument (%)
- Inflation · annual average
- Average annual change in headline CPI (%)Serbia: 2025 · Annual average change in the CPI (%) · World Bank · Official World Bank series. Observation year, not download date.São Tomé and Príncipe: 2025 · Annual average CPI change (%) · World Bank · World Bank series; observation year, not download date.
- Inflation · latest year-on-year figure
- Headline CPI relative to the same period of the previous year (%); monthly or fortnightly frequency stated
- Unemployment
- % of the labour force; definition used by the stated institutionSerbia: 2025 · ILO modelled estimate; percentage of the labour force · World Bank · ILO est. · Official World Bank series. Observation year, not download date.São Tomé and Príncipe: 2025 · ILO modelled estimate; percentage of labour force · World Bank · est. ILO · World Bank series; observation year, not download date.
- Budget balance
- General government (% of GDP)Serbia: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.São Tomé & Príncipe: 2025 · IMF · est. IMF · WEO general government estimate, % of GDP; not a monthly observation.
- Gross public debt
- General government (% of GDP)Serbia: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.São Tomé & Príncipe: 2025 · IMF · est. IMF · WEO general government estimate, % of GDP; not a monthly observation.
- Current account balance
- % of GDPSerbia: 2025 · World Bank · Official World Bank series. Observation year, not download date.São Tomé & Príncipe: 2024 · World Bank · World Bank series; observation year, not download date.
- Population
- PeopleSerbia: 2025 · World Bank · World Bank est. · Extrapolated estimate identified by the World Bank; not a census for the reference year.São Tomé & Príncipe: 2025 · World Bank · World Bank series; observation year, not download date.
- Area
- Total area in km²; territorial coverage of the sourceSerbia: 2023 · World Bank · Official World Bank series. Observation year, not download date.São Tomé & Príncipe: 2023 · World Bank · World Bank series; observation year, not download date.
- Military expenditure
- Current USD per year; SIPRI series
- Military expenditure (% of GDP)
- Percentage of GDP; SIPRI definition, not NATO’s definition
Other data specific to this relationship
What they buy and sell
Documented selection, not an exhaustive list. Cells without a figure do not mean zero value; some products are identified without a verified amount.
Serbia to São Tomé & Príncipe
| Product or sector | Value / share |
|---|---|
| Machinery and mechanical appliances | 0.000244 M USD2025 · Source |
São Tomé & Príncipe to Serbia
Connections between people
Serbia expressed interest in education, health, agriculture, digitalisation and culture and exchanging visits. [1]
Residents, study and travel
Blank cells: data unavailable. Each measure retains its definition and period.
| Indicator | Value | Period / source |
|---|---|---|
| Residents from Serbia living in São Tomé & Príncipe | ||
| Residents from São Tomé & Príncipe living in Serbia | ||
| Study and training: Serbia in São Tomé & Príncipe | ||
| Study and training: São Tomé & Príncipe in Serbia | ||
| Academic stays: Serbia in São Tomé & Príncipe | ||
| Academic stays: São Tomé & Príncipe in Serbia | ||
| Travel: Serbia to São Tomé & Príncipe | ||
| Travel: São Tomé & Príncipe to Serbia |
What each figure measures
Residents are counted by nationality and the coverage of the stated register, not as people born in the other country or as new arrivals in one year. PERE includes dual nationals and people born outside Spain. Study with OPT and stays carrying academic credit are different measures. Travel may include several visits by the same person; FRONTUR arrivals require an overnight stay, whereas the Canadian survey includes day visits. These figures are neither added together nor automatically compared across directions.
Mobility data added or reviewed: 2026-10-07. Reference periods may be earlier.
Underlying ties
History, institutions and long-standing issues.
The scale of both economies
Nominal GDP for Serbia is 100 billion USD (2025), compared with 0.981 for São Tomé & Príncipe (2025). The reference populations are 6.55 and 0.24 million, respectively. In the same year, the economy of Serbia was 101.86 times that of São Tomé & Príncipe in nominal GDP. The comparison provides context on market size, but does not, on its own, measure influence, well-being or diplomatic closeness. Estimates and their sources retain their labels in the tables. [4] [5] [6] [7]
Recent developments
Recent developments and latest available data · Review: 2026-10-08
Bilateral context
Marko Đurić met Prime Minister Américo Ramos on 3 August 2026. Serbia's foreign minister thanked São Tomé for its non-recognition of Kosovo and withdrawal of its previous decision, according to the Serbian statement's wording. [1]
Cooperation and bilateral issues
This position is attributed to the diplomatic source; it is not used as a legal resolution on sovereignty or assigned an invented withdrawal date. Serbia expressed interest in education, health, agriculture, digitalisation and culture and exchanging visits. These are proposed areas, not implemented programmes with established funding. Đurić also thanked São Tomé for confirming participation in Expo 2027 in Belgrade. This is a commitment for a future event, not economic activity already realised. [1]
What merchandise trade shows
In 2025, merchandise trade between the two countries (Serbia and São Tomé & Príncipe) totalled 0.0227 million current USD. Shipments from the first to the second were 0.0152 million; those in the opposite direction, 0.00748 million. The difference between the two flows was 0.00769 million, in favour of Serbia. This is a goods balance, not the total balance of the economic relationship: it excludes services, income and transfers. Both directions come from a single customs reporter to avoid adding mirror records. [2]
The partner's share of exports
Sales from Serbia to the partner represented 0.0000407% of its worldwide goods exports in 2025. The share compares the same reporter, year and coverage. It measures export concentration, not the percentage of GDP dependent on this relationship. A partner may be important in a specific sector even if its share of total goods trade is small. [2]
Documented trade sectors
Within the selected chapters, machinery and mechanical appliances stands out in shipments from Serbia to São Tomé & Príncipe, at 0.000244 million USD in 2025. Within the selected chapters, vehicles and components stands out in shipments from São Tomé & Príncipe to Serbia, at 0.000267 million USD in 2025. The table compares eight selected chapters with the same coverage as the trade total. It is not a complete list or proof that the first item in this selection is the leading product across the entire relationship. A chapter groups numerous goods: machinery and components, for example, do not describe a single business transaction. [3]
Milestones and consequences
- 2026-08-03
Meeting between Serbia's foreign minister and São Tomé's prime minister
Diplomatic positions, potential cooperation areas and announced Expo 2027 participation were discussed. [1]
Sources and data
Periods and scope of the figures
Institutional sources and periods accompany each figure. Annual trade, investment positions, residents and visits are distinct measures. Empty cells do not mean zero. Statements of intent are not presented as project implementation or treaties in force.
- Bilateral relations — SRB-STP
Serbia's Ministry of Foreign Affairs · Institutional source · Accessed: 2026-10-08
- Bounded matrix; reporter, partner, year, chapter and direction identified in each record
UN Comtrade · Institutional source · Accessed: 2026-10-08
- Bounded matrix; reporter, partner, year, chapter and direction identified in each record
UN Comtrade · Institutional source · Accessed: 2026-10-08
- NY.GDP.MKTP.CD; ISO and reference year; no military dataset expansion
World Bank · Institutional source · Accessed: 2026-10-07
- Official statistics
World Bank · Institutional source · Accessed: 2026-10-08
- SP.POP.TOTL; ISO and reference year; no military dataset expansion
World Bank · Institutional source · Accessed: 2026-10-07
- Official statistics
World Bank · Institutional source · Accessed: 2026-10-08
Additional sources on products and human connections
- UN Comtrade
2026-10-08 · Accessed: 2026-10-08 · Bounded matrix; reporter, partner, year, chapter and direction identified in each record.