Worlddata.info

Indicators of economy in Togo

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Togo, on the other hand, reached USD 973 per capita, or 8.41 billion USD for the whole country. Togo is one of the smaller economies and is currently ranked 153. If this is calculated per inhabitant, taking purchasing power parity into account, then Togo ranks 173rd in the list of the richest countries.

Inflation in Togo in 2020 was around 1.83%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 56.4 percent lower.
The index for perceived corruption in the public sector is 30, which is rather poor by global standards.


Back to overview: Togo

Impact of the COVID-19 pandemic

Overall, the gross domestic product in Togo in 2020 increased from 7.22 billion US dollars to 7.57 billion US dollars. Certainly, there have been shifts in numerous sectors of the economy, but a 4.9 percent increase has been rather unusual this year. While most countries have suffered significant losses, Togo has certainly held its own. The unemployment rate rose from 3.7 to 3.9 percent. The consumer inflation rate has risen from 0.7 percent previously to 1.8 percent now.

Unemployment rates in percentages 1991 - 2021

Economic performance 2021

 Togo
Total
Togo
per capita
EU
Total
EU
per capita
GDP8.41 bn USD973.21 USD17.177 tn USD33,384.92 USD
Gross national product8.30 bn USD960.57 USD16.895 tn USD32,835.37 USD


Development of gross domestic product in millions of USD 1960 - 2021



Imports and Exports 2020

 Togo
Total
Togo
per capita
EU
Total
EU
per capita
Imports2.39 bn USD276.37 USD8.916 tn USD17,329.02 USD
Exports1.72 bn USD199.14 USD9.554 tn USD18,569.19 USD


Development of imports and exports in millions of USD 1974 - 2020

Exports
Imports



Togo: AirportsLargest airports and airlines in TogoThe biggest airports and in Togo with further information and data with further information on airlines and destinations
Pariah StatesList of the 11 current Pariah States11 countries, that suffer from the sanctions of the international community because of their mostly autocratic government.
Infected and deaths by the corona virus (COVID 19)Spread of the Corona virus Covid19 (SARS-CoV-2)Worldwide development of the number of cases and deaths due to the corona virus.