Togo - Economic Forecasts - 2018-2020 Outlook

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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 531.53
574 591 608 625 700
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 4.80
percent
5.1 5.1 5.1 5.1 6.59
GDP 4.40
USD Billion
4.2 4.3 4.4 4.5 4.4
GDP per capita 558.10
USD
554 556 559 561 555
GDP per capita PPP 1382.10
USD
1309 1312 1315 1318 1156
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 6.79
percent
6.92 6.95 6.97 7 7
Population 7.61
Million
7.59 7.69 7.78 7.87 8.79
Wages High Skilled 196600.00
XOF/Month
198600 198600 198600 198600 200000
Wages Low Skilled 33300.00
XOF/Month
34300 34300 34300 34300 35300
Living Wage Individual 110200.00
XOF/Month
110200 110200 110200 110200 110200
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate -1.60
percent
0.8 1.2 1.5 1.8 3
Food Inflation -5.00
percent
-2.2 0.5 0.7 1 3.5
Inflation Rate Mom 0.01
percent
0 0.03 0.11 0.04 0.07
Consumer Price Index Cpi 115.10
Index Points
115 115 115 115 114
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 4.50
percent
4.5 4.5 4.25 4.25 4
Deposit Interest Rate 7.11
percent
7.17 7.33 7.5 7.66 8.51
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -46.00
CFA Franc Billion
-25.68 -25.08 -24.6 -24.24 -23.34
Exports 44.10
CFA Franc Billion
38.03 36.28 34.87 33.68 28.65
Imports 90.10
CFA Franc Billion
71.07 69.56 68.16 66.85 59.25
Current Account -254.70
XOF Billion
-256 -251 -247 -242 -220
Current Account to GDP -9.80
percent
-9 -9 -9 -9 -7.3
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 33.60
percent
40 40 40 40 48
Government Budget -3.20
percent of GDP
-4.12 -3.77 -3.43 -3.09 -2.9
Military Expenditure 80.60
USD Million
72.93 74.93 76.94 78.94 67.85
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 1388.34
KBps
1350 1329 1307 1287 1147
IP Addresses 9633.00
IP
7787 7444 6942 6672 4377
Leading Economic Index 0.60
Percent
0.35 0.21 0.09 0.01 -0.24
Industrial Production 17.70
percent
3.83 5.57 -2.59 3.31 5.4
Ease of Doing Business 156.00
157 157 157 157 160
Capacity Utilization 50.30
percent
50.32 52.12 51.93 52.72 53.33
Corruption Index 32.00
Points
30 30 30 30 28
Corruption Rank 116.00
125 134 143 153 114
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales Yoy 0.90
percent
4.17 3.11 3.5 3.11 2.98
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 25.13
celsius
28.24 27.51 25.27 26.67 27.52