This page has economic forecasts for Togo including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Togo economy.


MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 574.75
569 575 581 587 612
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 4.80
percent
5.1 4.9 4.8 4.7 6.59
GDP 4.81
USD Billion
5 5.4 5.4 5.4 5.9
GDP per capita 577.38
USD
580 585 585 585 590
GDP per capita PPP 1429.81
USD
1490 1520 1520 1520 1600
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 1.80
percent
2 2 2 2 2
Population 7.80
Million
8.08 8.13 8.19 8.24 8.81
Wages High Skilled 196600.00
XOF/Month
198600 198600 196600 196600 200000
Wages Low Skilled 33300.00
XOF/Month
34300 34300 33300 33300 35300
Living Wage Individual 110200.00
XOF/Month
110200 110200 110200 110200 110200
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 0.90
percent
1.8 2 1.3 1 3
Food Inflation 1.00
percent
1 1.5 3.76 1.05 3.5
Inflation Rate Mom -0.40
percent
0.45 -0.01 0.12 0.08 0.08
Consumer Price Index Cpi 116.70
Index Points
117 119 119 118 125
Cpi Housing Utilities 121.90
Index Points
122 122 122 122 122
Cpi Transportation 117.00
Index Points
118 118 118 118 118
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Deposit Interest Rate 6.49
percent
6.49 6.49 6.49 6.49 6.49
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -46.00
CFA Franc Billion
-36.99 -36.99 -36.99 -36.99 -36.99
Exports 44.10
CFA Franc Billion
44.53 44.53 44.53 44.53 44.53
Imports 90.10
CFA Franc Billion
81.52 81.52 81.52 81.52 81.52
Current Account -222.90
XOF Billion
-242 -238 -234 -230 -229
Current Account to GDP -8.70
percent
-9 -8.5 -8.5 -8.5 -7.3
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 19.60
percent
40 44 44 44 48
Government Budget -1.50
percent of GDP
-1.5 -1.5 -1.5 -1.5 -1.5
Military Expenditure 86.80
USD Million
92.18 92.54 92.89 93.24 103
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 1388.34
KBps
1486 1482 1485 1486 1486
IP Addresses 9633.00
IP
10669 10180 10456 10151 10558
Industrial Production -11.30
percent
-10.46 -4.6 -0.75 5.66 -1.87
Ease of Doing Business 137.00
155 151 149 147 152
Capacity Utilization 68.60
percent
66.52 67.77 67.11 66.76 67.09
Corruption Index 32.00
Points
32 32 32 32 32
Corruption Rank 117.00
117 117 117 117 117
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales Yoy 3.20
percent
4.27 -2.56 -1.07 1.6 0.55
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 25.13
celsius
26.67 28.29 27.48 27.48 27.52



Togo - Economic Forecasts - 2018-2020 Outlook