Markets Actual Q1 Q2 Q3 Q4 2020
Currency 590.45 586 590 595 599 608
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.20 4.5 4.8 4.2 3.8 4.6
Unemployment Rate (%) 1.70 1.9 1.9 1.9 1.9 1.9
Inflation Rate (%) -0.30 -0.1 0.8 1.6 2 2.2
Interest Rate (%) 4.50 4.5 4.5 4.25 4 4
Balance of Trade (CFA Franc Billion) -46.00 -36.99 -36.99 -36.99 -36.99 -36.99
Current Account to GDP (%) -7.90 -7.3 -7.3 -7.3 -7.3 -6.2
Government Debt to GDP (%) 19.60 27 27 27 27 30
Government Budget (% of GDP) -6.70 -1.9 -1.9 -1.9 -1.9 -1.5
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.20 4.5 4.8 4.2 3.8 4.6
GDP (USD Billion) 5.30 5.8 5.8 5.8 5.8 6
GDP per capita (USD) 672.50 740 740 740 740 765
GDP per capita PPP (USD) 1565.50 1650 1650 1650 1650 1740
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 1.70 1.9 1.9 1.9 1.9 1.9
Population (Million) 7.89 8.33 8.33 8.33 8.27 8.46
Wages High Skilled (XOF/Month) 196600.00 198600 198600 198600 200000 210600
Wages Low Skilled (XOF/Month) 33300.00 34300 34300 34300 35300 36300
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) -0.30 -0.1 0.8 1.6 2 2.2
Food Inflation (%) -3.20 1.4 1.8 2 2.2 2.3
Consumer Price Index Cpi (points) 103.50 104 107 104 106 108
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 4.50 4.5 4.5 4.25 4 4
Deposit Interest Rate (%) 6.49 6.49 6.49 6.24 5.99 5.99
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (CFA Franc Billion) -46.00 -36.99 -36.99 -36.99 -36.99 -36.99
Current Account to GDP (%) -7.90 -7.3 -7.3 -7.3 -7.3 -6.2
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 19.60 27 27 27 27 30
Government Budget (% of GDP) -6.70 -1.9 -1.9 -1.9 -1.9 -1.5
Military Expenditure (USD Million) 98.40 100 100 100 100 98
Taxes Actual Q1 Q2 Q3 Q4 2020
Sales Tax Rate (%) 18.00 18 18 18 18 18


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.