Average Business Development Specialist Salary in Sao Tome and Principe for 2026

In this article, we will look at the average Business Development Specialist salary for 2026 in Sao Tome and Principe and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the São Tomé and Príncipe dobra. To keep things simple, we are using the STN currency code instead of the currency symbol Db.

How Much Does a Business Development Specialist Make in Sao Tome and Principe?

A Business Development Specialist working in Sao Tome and Principe will typically earn around 91,201,900 STN per year, and this can range from the lowest average salary of about 49,198,300 STN to the highest average salary of 138,000,600 STN.

Average Annual Salary91,201,900 STN
Average Monthly Salary7,600,158 STN
Average Lowest Salary49,198,300 STN
Lowest Monthly Salary4,099,858 STN
Average Highest Salary138,000,600 STN
Highest Monthly Salary11,500,050 STN

These are average salaries for a Business Development Specialist in Sao Tome and Principe and include benefits such as housing and transport. It's also possible for a Business Development Specialist to earn more or less than the average salaries shown above.

Business Development Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Business Development Specialist Salaries in Sao Tome and Principe

So we've looked at the average salaries a Business Development Specialist will earn in Sao Tome and Principe. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Development Specialist can earn between 49,198,300 STN and 138,000,600 STN on average in Sao Tome and Principe. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Business Development Specialist in Sao Tome and Principe is 83,880,500 STN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 83,880,500 STN, and 50% of the population earn more than 83,880,500 STN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Business Development Specialist salary in Sao Tome and Principe, 25% of the population are earning less than 59,878,400 STN while 75% of the population earn more than 59,878,400 STN.

75% of the population earn less than 101,878,900 STN, and 25% of the population earn more than 101,878,900 STN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Business Development Specialist Salary by Experience Level in Sao Tome and Principe

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Business Development Specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Business Development Specialist in Sao Tome and Principe that has less than two years of experience can expect to earn somewhere in the region of 57,239,200 STN.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Development Specialist salary would increase to 72,240,100 STN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Development Specialist, the average salary would be 95,281,200 STN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 112,079,000 STN.
  • 15 - 20 Years Experience. A Business Development Specialist with 15 to 20 years of experience can earn an average of 123,599,800 STN.
  • 20+ Years Experience. For a Business Development Specialist with more than 20 years, the expected average salary increases to 131,998,300 STN.

Average Salary by Experience Chart

0-2 Years-
57,239,200 STN
2-5 Years+26%
72,240,100 STN
5-10 Years+32%
95,281,200 STN
10-15 Years+18%
112,079,000 STN
15-20 Years+11%
123,599,800 STN
20+ Years+6%
131,998,300 STN

Business Development Specialist Salary by Education Level in Sao Tome and Principe

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Business Development Specialist in Sao Tome and Principe based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Business Development Specialist in Sao Tome and Principe with a high school education can earn an average salary of 69,599,200 STN.
  • Certificate or Diploma. A Business Development Specialist in Sao Tome and Principe with a certificate or diploma education can earn an average salary of 78,479,700 STN.
  • Bachelor's Degree. A Business Development Specialist in Sao Tome and Principe with a bachelor's degree education can earn an average salary of 103,201,100 STN.
  • Master's Degree. A Business Development Specialist in Sao Tome and Principe with a master's degree education can earn an average salary of 128,400,500 STN.

Average Salary by Education Chart

High School-
69,599,200 STN
Certificate or Diploma+13%
78,479,700 STN
Bachelor's Degree+32%
103,201,100 STN
Master's Degree+24%
128,400,500 STN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Sao Tome and Principe is around 34,900,000 to 105,000,000 STN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Business Development Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Sao Tome and Principe, a male business development specialist will earn an average of 94,440,800 STN, while a female business development specialist will earn around 86,519,600 STN.

This means that a male business development specialist earns approximately 9% more than a female business development specialist for performing the same job.

Average Salary by Gender Chart in Sao Tome and Principe

Male-
94,440,800 STN
Female-9%
86,519,600 STN

Business Development Specialist Average Pay Raise in Sao Tome and Principe

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Business Development Specialist in Sao Tome and Principe is around 10% every 27 months.

The national average pay raise across all professions and industries in Sao Tome and Principe is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 10 ÷ 27 ) × 12  = 4%

What this means is that a Business Development Specialist in Sao Tome and Principe can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Sao Tome and Principe for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Sao Tome and Principe.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Business Development Specialist Bonus and Incentive Rates in Sao Tome and Principe

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Business Development Specialist is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.

Received Bonus-
58%
No Bonus-
42%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Sao Tome and Principe earn approximately 11% more than private sector employees in the same role.

Public Sector-
87,240,100 STN
Private Sector-11%
78,838,900 STN

Salaries for Jobs Similar to a Business Development Specialist

In the table below, we have salary information for jobs that are similar to a Business Development Specialist in Sao Tome and Principe.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning107,879,100 STN
Assistant Merchandise PlannerBusiness Planning63,000,700 STN
Business AdvisorBusiness Planning95,759,900 STN
Business AnalystBusiness Planning103,561,000 STN
Business ConsultantBusiness Planning99,958,900 STN
Business Continuity AssociateBusiness Planning60,598,100 STN
Business DeveloperBusiness Planning64,920,700 STN
Business Development AnalystBusiness Planning74,879,200 STN
Business Development AssociateBusiness Planning53,639,100 STN
Business Development CoordinatorBusiness Planning53,040,100 STN
Business Development DirectorBusiness Planning144,001,700 STN
Business Development EngineerBusiness Planning79,558,700 STN
Business Development ExecutiveBusiness Planning103,081,100 STN
Business Development ManagerBusiness Planning121,199,300 STN
Business ManagerBusiness Planning111,598,600 STN
Business Operations SpecialistBusiness Planning90,241,700 STN
Business Process WriterBusiness Planning55,318,200 STN
Business Systems AnalystBusiness Planning96,600,100 STN
Capacity PlannerBusiness Planning70,318,900 STN
Capacity Planning SupervisorBusiness Planning92,998,400 STN
Change Communications AnalystBusiness Planning87,358,200 STN
Change Control AnalystBusiness Planning88,321,100 STN
Change Impact AnalystBusiness Planning97,800,200 STN
Contracts ExecutiveBusiness Planning97,919,400 STN
Corporate Strategy AnalystBusiness Planning102,960,500 STN
Cost Control EngineerBusiness Planning63,000,700 STN
Cost ControllerBusiness Planning70,560,500 STN
Cost EstimatorBusiness Planning64,801,300 STN
Data ExecutiveBusiness Planning50,519,600 STN
Data ManagerBusiness Planning74,161,900 STN
Data Processing ManagerBusiness Planning92,518,400 STN
Development ResearcherBusiness Planning71,280,900 STN
Director of Business DevelopmentBusiness Planning144,001,700 STN
Director of Production PlanningBusiness Planning123,599,800 STN
Due Diligence AnalystBusiness Planning108,119,100 STN
Estimating ManagerBusiness Planning105,960,300 STN
General ManagerBusiness Planning121,199,300 STN
Incident HandlerBusiness Planning70,438,600 STN
Incident SpecialistBusiness Planning85,681,300 STN
Lean ConsultantBusiness Planning75,838,700 STN
ManagerBusiness Planning125,999,700 STN
Marketing and Business Development ManagerBusiness Planning113,999,200 STN
Materials PlannerBusiness Planning42,359,400 STN
Merchandise AssistantBusiness Planning42,000,700 STN
Merchandise ControllerBusiness Planning41,638,700 STN
Merchandise PlannerBusiness Planning41,878,100 STN
Operations AnalystBusiness Planning85,560,900 STN
Operations ManagerBusiness Planning104,279,900 STN
Operations Research AnalystBusiness Planning61,199,900 STN
Planning DirectorBusiness Planning123,599,800 STN
Planning and Reporting ManagerBusiness Planning108,000,700 STN
Project AdministratorBusiness Planning64,198,300 STN
Project ManagerBusiness Planning96,959,900 STN
Project PlannerBusiness Planning64,920,700 STN
Research AssistantBusiness Planning55,678,400 STN
Research EngineerBusiness Planning59,281,600 STN
Research OfficerBusiness Planning47,280,300 STN
Risk Management SpecialistBusiness Planning92,998,400 STN
Scholarship CoordinatorBusiness Planning47,758,300 STN
Store PlannerBusiness Planning47,519,800 STN
Strategy DirectorBusiness Planning138,000,600 STN
Top Research and Development ExecutiveBusiness Planning146,401,200 STN

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