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Togo

Headline economic indicators for Togo, with the most recent official readings.

Prices

Prices — Togo
Indicator Value Change
Inflation rate · 0.4% -2.43 (-84.9%)
Consumer price index · 141.2 +0.61 (+0.4%)
GDP deflator inflation · 0.8% -1.87 (-68.8%)

GDP

GDP — Togo
Indicator Value Change
GDP growth rate · 6.3% -0.22 (-3.3%)
GDP per capita · 1,383.9 +117.81 (+9.3%)
GDP per capita, long-run history · 1,587 +51.77 (+3.4%)
GDP · 11,889,949,067.47 +1,246,508,735 (+11.7%)
GDP, PPP · 35,048,367,803 +2,978,733,368 (+9.3%)
GDP per capita, PPP · 4,079 +264.53 (+6.9%)
GDP per capita growth · 4.0% -0.19 (-4.5%)
GNI per capita · 1,350 +130.00 (+10.7%)
Agriculture to GDP · 20.3% -1.02 (-4.8%)
Industry to GDP · 21.0% +0.57 (+2.8%)
Manufacturing to GDP · 11.4% -0.42 (-3.5%)
Services to GDP · 61.7% +12.51 (+25.4%)
Household consumption to GDP · 75.0% +0.52 (+0.7%)
Gross capital formation to GDP · 22.4% -2.11 (-8.6%)
Gross savings to GDP · 19.5% +1.72 (+9.7%)

Labour

Labour — Togo
Indicator Value Change
Unemployment rate · 2.0% +0.05 (+2.4%)
Labour force participation rate · 57.8% -0.04 (-0.1%)
Female labour force participation rate · 56.6% +0.03 (+0.1%)
Youth unemployment rate · 3.4% +0.04 (+1.1%)
Employment to population ratio · 56.7% -0.07 (-0.1%)
Employment in agriculture · 37.6% -0.69 (-1.8%)
Employment in industry · 18.2% +0.05 (+0.3%)
Employment in services · 44.2% +0.65 (+1.5%)

Money

Money — Togo
Indicator Value Change
Real interest rate · 3.8% +0.89 (+31.0%)
Broad money to GDP · 45.6% -1.23 (-2.6%)
Private sector credit to GDP · 23.0% -2.37 (-9.3%)
Lending rate · 5.3% +0.14 (+2.7%)
Bank deposit rate · 6.9% -0.07 (-1.0%)
Official exchange rate · 581.93 -24.42 (-4.0%)

Trade

Trade — Togo
Indicator Value Change
Current account to GDP · -0.3% +0.52 (+65.1%)
Exports to GDP · 24.6% -0.43 (-1.7%)
Imports to GDP · 35.3% -1.22 (-3.3%)
Trade to GDP · 59.9% -1.65 (-2.7%)
Exports of goods and services · 2,390,186,783.96 +227,777,129 (+10.5%)
Imports of goods and services · 3,436,907,297.14 +275,255,467 (+8.7%)
Trade balance, goods and services (annual) · -667,629,634.16 -72,023,830 (-12.1%)
Current account balance (annual) · -20,737,721.12 +34,705,852 (+62.6%)
Foreign direct investment to GDP · 1.9% -0.04 (-2.1%)
Remittances received to GDP · 8.7% +1.42 (+19.6%)
External debt to GNI · 43.2% +5.74 (+15.3%)

Government

Government — Togo
Indicator Value Change
Government revenue to GDP · 15.7% +1.44 (+10.1%)
Government expense to GDP · 16.0% +0.76 (+5.0%)
Tax revenue to GDP · 13.9% +0.52 (+3.9%)
Government budget balance to GDP · -6.2% +1.34 (+17.7%)
Government consumption to GDP · 13.3% +0.80 (+6.4%)
Education spending to GDP · 4.1% +0.36 (+9.7%)
Health spending to GDP · 6.1% -0.13 (-2.1%)

Demography

Demography — Togo
Indicator Value Change
Population · 8,591,626 +185,068 (+2.2%)
Population, long-run history · 8,991 +207.16 (+2.4%)
Population growth · 2.2% -0.02 (-0.9%)
Life expectancy · 62.9 +0.20 (+0.3%)
Fertility rate · 4.12 -0.07 (-1.7%)
Birth rate · 32.1 -0.58 (-1.8%)
Death rate · 8.5 -0.24 (-2.8%)
Urban population share · 44.4% +0.58 (+1.3%)
Population aged 65 and over · 3.5% -0.05 (-1.5%)
Under-five mortality rate · 56.1 -2.00 (-3.4%)
Population density · 154.6 +3.36 (+2.2%)
Net migration · -15,010 -996.00 (-7.1%)
Gini index · 37.9 -4.60 (-10.8%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Togo; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.