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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 557.70
564 570 575 581 606
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 4.50
percent
5.1 5.1 4.5 4.5 6.59
GDP 4.81
USD Billion
5 5 5.4 5.4 5.9
GDP per capita 577.38
USD
580 580 585 585 590
GDP per capita PPP 1429.81
USD
1490 1490 1520 1520 1600
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 1.80
percent
2 2 2 2 2
Population 7.80
Million
8.01 8.08 8.13 8.19 8.81
Wages High Skilled 196600.00
XOF/Month
198600 198600 198600 196600 200000
Wages Low Skilled 33300.00
XOF/Month
34300 34300 34300 33300 35300
Living Wage Individual 110200.00
XOF/Month
110200 110200 110200 110200 110200
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 1.60
percent
1.5 1.8 2 1.3 3
Food Inflation 3.70
percent
0.7 1 1.5 3.76 3.5
Inflation Rate Mom 0.50
percent
0.33 0.11 0.1 0.07 0.08
Consumer Price Index Cpi 118.30
Index Points
117 117 119 119 125
Cpi Housing Utilities 122.50
Index Points
123 123 123 123 123
Cpi Transportation 114.60
Index Points
115 115 115 115 115
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Deposit Interest Rate 6.93
percent
6.93 6.93 6.93 6.93 6.93
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 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
-243 -242 -238 -234 -229
Current Account to GDP -8.70
percent
-9 -9 -8.5 -8.5 -7.3
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 19.60
percent
40 40 44 44 48
Government Budget -1.50
percent of GDP
-4.02 -4.6 -4.37 -4.15 -3.53
Military Expenditure 86.80
USD Million
90.42 92.18 92.54 92.89 103
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 1388.34
KBps
1484 1486 1482 1485 1486
IP Addresses 9633.00
IP
9664 10669 10180 10456 10558
Leading Economic Index 0.40
Percent
0.41 0.41 0.41 0.41 0.41
Industrial Production -9.50
percent
-11.05 -4.34 1.8 -1.28 0.94
Ease of Doing Business 156.00
152 152 152 152 154
Capacity Utilization 68.20
percent
64.78 65.55 66.47 65.63 65.81
Corruption Index 32.00
Points
33 34 34 34 35
Corruption Rank 117.00
121 118 120 122 124
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales Yoy 9.30
percent
1.06 4.24 -2.56 -1.09 0.56
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 25.13
celsius
25.27 26.67 28.29 27.48 27.52