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.


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