Togo | Economic Forecasts | 2017-2020 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 555.38 545 540 534 529 468 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 5.00 5 5.1 5.1 5.1 6.59 percent [+]
GDP 4.40 4.5 4.47 4.45 4.42 4.4 USD Billion [+]
GDP per capita 558.10 561 561 561 561 555 USD [+]
GDP per capita PPP 1382.10 1318 1302 1287 1271 1156 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6.79 7 7 7 7 7 percent [+]
Population 7.61 7.87 7.95 8.03 8.11 8.79 Million [+]
Wages High Skilled 93900.00 89450 89450 89450 89450 89450 XOF/Month [+]
Wages Low Skilled 45000.00 45000 45000 45000 45000 45000 XOF/Month [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 0.90 -1.5 0.8 1.5 1.5 3 percent [+]
Food Inflation 0.40 -0.01 0.17 0.32 0.44 0.76 percent [+]
Inflation Rate Mom 0.10 0.07 0.01 0.16 0.04 0.09 percent [+]
Consumer Price Index Cpi 116.40 116 116 116 116 115 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.25 4 percent [+]
Deposit Interest Rate 7.11 7.66 7.71 7.76 7.81 8.51 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -46.00 -25.81 -25.68 -25.08 -24.6 -23.34 CFA Franc Billion [+]
Exports 44.10 39.88 38.03 36.28 34.87 28.65 CFA Franc Billion [+]
Imports 90.10 72.65 71.07 69.56 68.16 59.25 CFA Franc Billion [+]
Current Account -254.70 -242 -242 -242 -243 -220 XOF Billion [+]
Current Account to GDP -9.80 -9.3 -9 -9 -8.64 -7.3 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 33.60 35 40 40 40 48 percent [+]
Government Budget -5.30 -4.56 -4.37 -4.18 -3.99 -3.68 percent of GDP [+]
Military Expenditure 80.60 78.94 78.42 77.91 77.39 67.85 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Leading Economic Index 0.90 0.4 0.24 0.11 0.02 -0.25 [+]
Industrial Production 9.90 4.26 4.23 3.4 -1.56 5.23 percent [+]
Ease of Doing Business 154.00 156 157 157 157 160 [+]
Capacity Utilization 52.30 53.86 50.92 52.47 52.88 53.64 percent [+]
Corruption Index 32.00 30 30 30 29 28 Points [+]
Corruption Rank 116.00 153 151 150 148 114 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Retail Sales Yoy 2.00 5.52 4.94 4.92 -1.34 1.36 percent [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]