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Economy of Togo. Statistics, Data and Indicators

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Togo
N/AN/A Credit rank #
N/A Quality of life #
130 Corruption rank#120
97 Ease of doing business#122
Togo


Togo Major Economic Indicators

Indicator Data Period
GDP Value 8.13 USD Billion 2022
GDP Annual Growth Rate 5.5 % 2Q/23
GDP per capita 892 USD 2022
Inflation Rate YoY 3.8 % Aug/23
Interest Rate 5.25 % Sep/23
Unemployment Rate 4.1 % 2022
Balance of Trade -46 XOF Billion | -0.076 B USD May/17
Current Account -126 XOF Billion | -0.204 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 8.13 USD Billion 2022
GDP Annual Growth Rate 5.5 % 2Q/23
GDP per capita 892 USD 2022
GDP per capita PPP 2209 USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 55.9 % 2022
Government Budget to GDP -8.4 % 2022
Military Expenditure 337 USD Million | 0.337 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 126 index points Aug/23
Food Inflation 2.1 % Aug/23
Inflation Rate YoY 3.8 % Aug/23
Inflation Rate Mom -2.1 % Aug/23
CPI Housing Utilities 113 Index Points Aug/23
CPI Transportation 113 Index Points Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -3.7 % 2022
Balance of Trade -46 XOF Billion | -0.076 USD Billion May/17
Current Account -126 XOF Billion | -0.204 B USD 2022
Exports 44.1 XOF Billion | 0.073 USD Billion May/17
Imports 90.1 XOF Billion | 0.149 USD Billion May/17


Money Indicators

Indicator Data Period
Interest Rate 5.25 % Sep/23
Loans to Private Sector 921521 XOF Million | 1.64 USD Billion Sep/16
Deposit Interest Rate 6.49 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 4.1 % 2022
Living Wage Individual 110200 XOF/Month | 189.451 USD/Month 2017
Wages High Skilled 196600 XOF/Month | 337.986 USD/Month 2017
Wages Low Skilled  33300 XOF/Month | 57.248 USD/Month 2017


Taxes

Indicator Data Period
Sales Tax Rate 18 % 2023


Production Indicators

Indicator Data Period
Industrial Production -4.8 % 2Q/23


Business Indicators

Indicator Data Period
Corruption Index 30 index points 2022
Corruption Rank 130 place 2022
Ease of Doing Business 97 place 2019


Consumer Indicators

Indicator Data Period
Retail Sales YoY -1.6 % 2Q/23