This is a best prospect industry sector for this country. Includes a market overview and trade data
Tourism in STP has become an increasingly important component of the economy in the last decade. Between 2010 and 2019, the number of tourists visiting the country rose from 8,000 to 34,900 tourists. Following a 70 percent drop in the number of tourists recorded in 2020 due to Covid pandemic, the sector showed signs of revival in the following year as it recorded a 40 percent increase in number of tourists.
STP has exceptionally beautiful landscapes, many endemic bird and flower species, a secure and tranquil atmosphere both in the cities and the countryside, and a friendly population. There are a few Portuguese, South African, and other international luxury hotel chains located on the islands of STP, often reflecting high levels of service by international standards. The number of guesthouses owned by locals is also increasing. The Government considers tourisms as a priority sector and gives supports and incentives to investments in the sector.
Sub-Sector Best Prospects
Small-scale tourism operations include eco-lodges, diving, canoeing and kayaking companies, and tour guide companies.
Small-scale tourism operations including eco-lodges, diving, canoeing and kayaking companies, and tour guide companies. Organic small-scale agriculture.