What is the GDP of Togo?

Togo's GDP is approximately $10.7 billion USD. The GDP growth rate is 6.5%.

What is the population of Togo?

Togo has a population of approximately 9.5 million people. The population growth rate is 2.2%.

What is the inflation rate in Togo?

The inflation rate in Togo is 2.9%.

What is the unemployment rate in Togo?

The unemployment rate in Togo is 2%.

What is the GDP per capita of Togo?

Togo's GDP per capita is approximately $1,119 USD.

Is Togo a good country to invest in?

Togo has an investment score of 28/100, classified as "Caution" risk. Key sectors include Agriculture, Trade & Logistics (Port), Mining (Phosphates). Credit rating: NR.

How open is Togo's economy to trade?

Togo's trade openness (trade as % of GDP) is 62%. Exports total approximately $2.2B and imports $3.2B.

How much foreign investment does Togo attract?

Foreign direct investment (FDI) in Togo is 0.8% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Togo?

Togo's economy is composed of services (49% of GDP), industry (20% of GDP), and agriculture (21% of GDP).

Can I start a business in Togo as a foreigner?

Togo offers various options for foreign entrepreneurs. Visit our business setup guide for Togo for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Togo's economy growing?

Togo's GDP growth rate is 6.5%. This is above the global average, indicating strong economic momentum.

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Togo Economy Overview

Name: Togo Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Sub-Saharan AfricaLow IncomeCapital: LomeTGO

Caution

Growing

10.7B USD

GDP (Nominal)

Growing at 6.5%

$1,119

GDP Per Capita

Developing economy

9.5M

Population

+2.2% annual growth

Stable

2.9%

Inflation

Price stability

62%of GDP

Trade Openness

0.8%of GDP

FDI Inflows

Public Debt

Low

Unemployment

Deficit

-$1B

Trade Balance

GDP

Billion USD, nominal

$10.7B

2024+0.8B

GDP Growth

Annual %

6.5%

2024+0.3%

Inflation

Consumer prices, annual %

2.9%

2024-2.6%

Population

Millions

9.5M

2024+0.2M

Economic Structure

Services49%

Industry20%

Agriculture21%

Investment Score Breakdown

Economic Health (30%)30

Political Safety (25%)22

Business Climate (20%)30

Financial Strength (15%)25

Growth Potential (10%)38

Key Sectors

Agriculture

28% of GDP

stable

Trade & Logistics (Port)

12% of GDP

growing

Mining (Phosphates)

5% of GDP

stable

Should I Invest in Togo?

AvoidSetup: ModerateROI: Moderate

Togo scores 28/100 on the NationsData Investment Index, rated "Caution". The economy is growing at 5.3%, offering expanding market opportunity.

Investment Score28/100

GDP Growth5.3%

Inflation4.5%

FDI/GDP2%

Public Debt65%

Political Stability-0.4

Strengths

+Strong GDP growth at 5.3% - expanding market opportunity

Risks

-Significant political instability - governance risks may affect business continuity
-Corruption is a significant concern - budget for compliance and due diligence

Also Consider

Gambia

Same region, similar income level

Mozambique

Same region, similar income level

Guinea

Same region, similar income level

Ethiopia

Same region, similar income level

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