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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 576.66
545 563 581 600 681
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 4.20
percent
5.1 5.1 5.1 2.7 6.59
GDP 4.40
USD Billion
4.45 4.62 4.8 4.9 4.7
GDP per capita 558.10
USD
530 485 532 467 467
GDP per capita PPP 1382.10
USD
1312 1315 1318 1156 1158
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 6.79
percent
6.95 6.97 7 6.97 6.9
Population 7.61
Million
7.67 7.76 7.85 7.92 8.94
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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate -0.40
percent
1.2 1.5 1.8 2 3
Food Inflation -0.20
percent
0.5 0.7 1 1.5 3.5
Inflation Rate Mom 0.00
percent
0.03 0.11 0.04 0.08 0.07
Consumer Price Index Cpi 115.97
Index Points
119 117 117 118 125
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Deposit Interest Rate 7.11
percent
7.33 7.5 7.66 7.71 8.51
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -46.00
CFA Franc Billion
-32 -32 -32 -32 -32
Exports 44.10
CFA Franc Billion
45.4 45.4 45.4 45.4 45.4
Imports 90.10
CFA Franc Billion
77.4 77.4 77.4 77.4 77.4
Current Account -254.70
XOF Billion
-248 -242 -237 -237 -196
Current Account to GDP -9.80
percent
-9 -9 -9 -8.5 -7.3
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 33.60
percent
40 40 40 44 48
Government Budget -1.50
percent of GDP
-3.44 -4.02 -4.6 -4.37 -3.53
Military Expenditure 86.80
USD Million
79.21 81.14 83.07 84.25 94.56
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 1388.34
KBps
1329 1307 1287 1267 1091
IP Addresses 9633.00
IP
10394 9664 10669 10180 10558
Leading Economic Index 0.40
Percent
0.68 0.68 0.68 0.68 0.68
Industrial Production 1.30
percent
4.57 -3.65 3.53 1.64 3.25
Ease of Doing Business 156.00
156 156 156 156 156
Capacity Utilization 52.80
percent
52.73 50.15 52.67 50.21 52.36
Corruption Index 32.00
Points
32 32 32 32 32
Corruption Rank 117.00
117 117 117 117 117
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales Yoy -2.00
percent
0.29 0.32 0.32 0.32 0.32
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 25.13
celsius
27.51 25.27 26.67 28.29 27.52