Togo recorded a Government Budget deficit equal to 6.60 percent of the country's Gross Domestic Product in 2024. Government Budget in Togo averaged -3.46 percent of GDP from 2002 until 2024, reaching an all time high of 2.40 percent of GDP in 2003 and a record low of -8.40 percent of GDP in 2022. source: African Development Bank Group
Government Budget in Togo is expected to reach -3.20 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Togo Government Budget is projected to trend around -2.90 percent of GDP in 2027 and -4.00 percent of GDP in 2028, according to our econometric models.