1. Global Data
  2. Country Data
  3. Togo GDP and Economic Data
Featured image for Togo

Togo GDP and Economic Data

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Togo economic outlook, debt to GDP ratio, international trade performance and population trends.

 
 
Source
Central bank

Central Bank of West African States (BCEAO)

Source
International Reserves

N/A

Source
Gross Domestic Product - GDP

USD 5.4 billion (2018, estimate)

Source
GDP (Purchasing Power Parity)

Intl$ 14 billion (2018, estimate)

Source
Real GDP growth
2014 2015 2016 2017* 2018*
5.9% 5.7% 5.6% 4.4% 4.7%

*Estimate

Source
GDP per capita - current prices

USD 670.3 (2018, estimate)

Source
GDP per capita - PPP

Intl$ 1,745.6 (2018, estimate)

Source
GDP (PPP) - share of world total

0.01% (2019 estimate)

Source
 
 
Source
GDP - composition by sector
  • agriculture: 23.6% 
  • industry: 16.6% 
  • services: 29.1%

(2018 estimate)

Source
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Source
Inflation
2015 2016 2017 2018* 2019*
1.8% 0.9% -0.2% 0.9% 3.8%

*Estimate

Source
Unemployment rate

N/A

Source
Household saving rates

N/A

 

Source
Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
72.1% 81.4% 76% 76.2% 72.6%

*Estimate

Source
Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-8.8% -9.5% -0.3% -0.8% -2.7%

*Estimate  

Source
Government bond ratings

Standard & Poor's: B

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Source
Market value of publicly traded shares

N/A

Source
Largest companies

N/A

Source
 
 
Source
Current account balance

USD -0.3 billion (2018 estimate)

Source
Current account balance by percentage of GDP

-4.9% (2018 estimate)

Source
Exports as percent of GDP (Exports of goods and services)

31.5% (2018)

 

Source
Shares in world total merchandising export

0.01% (2018)

 

Source
Shares in world total commercial services export

0.009% (2018)

Source
Total exports

USD 1.7 billion (2018 estimate)

Source
Export commodities

Reexports, cotton, phosphates, coffee, cocoa

Source
Total imports

USD 2.6 billion (2018 estimate)

Source
 
 
Source
Import commodities

Machinery and equipment, foodstuffs, petroleum products

Source
Exports - major partners

Benin 16.7%, Burkina Faso 15.2%, Niger 8.9%, India 7.3%, Mali 6.7%, Ghana 5.5%, Cote dIvoire 5.4%, Nigeria 4.1% (2017)

Source
Imports - major partners

China 27.5%, France 9.1%, Netherlands 4.4%, Japan 4.3% (2017)

Source
FDI inflows
2016 2017 2018
USD -46 million USD 88 million USD 102 million
Source
FDI outflows
2016 2017 2018
USD 257 million USD -32 million USD 259 million
Source
Value of cross-border M&A, by country of purchaser
N/A
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Source
Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Source
Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 97 out of 190 countries (2019)

Subcategories:

Starting a Business: 15 out of 190 countries

Dealing with Construction Permits: 127 out of 190 countries

Getting Electricity: 99 out of 190 countries

Registering Property: 56 out of 190 countries

Getting Credit: 48 out of 190 countries

Protecting Minority Investors: 120 out of 190 countries

Paying Taxes: 174 out of 190 countries

Trading across Borders: 131 out of 190 countries

Enforcing Contracts: 140 out of 190 countries

Resolving Insolvency: 88 out of 190 countries

Source
Global competitiveness ranking

N/A

Source
Index of Economic Freedom

Ranking: 158 / Score: 50.3 (Mostly unfree) (2019)

(100=totally free 0=totally repressed)

Source
 
 
Source
Time zone

UTC 0

Source
Total area

56,785 sq km

Source
Capital

Lome

Source
Currency

Communaute Financiere Africaine francs (XOF)

Source
Government type

Presidential republic

Source
Languages

French (official, the language of commerce), Ewe and Mina (the two major African languages in the south), Kabye (sometimes spelled Kabiye) and Dagomba (the two major African languages in the north)

Source
Religions

Christian 43.7%, folk 35.6%, Muslim 14%, none 6.2%, Hindu <.1%, Buddhist <.1%, Jewish <.1% (2010 est.)

Source
Total population
1990 2000 2010 2015 2020*
3.79 million 4.97 million 6.5 million 7.42 million 8.4 million

*Estimate 

Source
 
 
Source
Urban population as % of total population
1960 1980 2000 2018
10.1% 24.7% 32.9% 41.7%
Source
Population median age

19.9 years (2019 estimate)

Source
Population growth rate

2.61% (2018 estimate)

Source
Life expectancy

65.8 years (2018 estimate)

Source
Literacy

Total population: 63.7%
Male: 77.3%
Female: 51.2% (2015 est.)

(age 15 and over can read and write)

Source
% of population living on less than $3.10 a day

73.2% (2015)

Source
Inequality of wealth distribution (Gini index)

43.1 (2015)

(0=perfect equality, 100=absolute inequality)

Source
Freedom House rating

Political Rights: 5
Civil Liberties: 4 (2019)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 0.5%   Mobile 77.9% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)

Source
Internet users as % of total population

12.36% (2017)

Source
Mercer Cost of living index

Lome: 145th (2019)

Source
CO2 emissions

0.37 (2014)

Source

World's Best Developed & Emerging Markets Banks

2013
2012
2011
2010

World's Best Subcustodian Banks

2013
2009

World's Best Banks By Region

2014
2013
2012
2011

World's Best Banks

2014
2013
2012
2012

Best of…

2012
2009

Additional Awards

2014
2013
View all Togo GDP and Economic Data content