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Togo Economic Outlook

Economic growth was estimated at 4.5% in 2017, down from 5% in 2016, but is projected to return to 5% in 2018. If rainfall amounts remain favorable, growth could reach 5.3% in 2019. Agriculture remains the foundation of the economy, accounting for 1.7 percentage points of growth in 2017. In 2018/19, the tertiary sector is likely to benefit from the increased capacity of the port of Lomé due to the installation of modern transshipment equipment. However, the political protests that have slowed economic activity since August 2017 could lead to a downward revision of growth estimates for 2017 and projections for 2018 and 2019.

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Key Facts

Flag:
Capital: Lome
Area: 56,785 sq km
Total Population 2017: 7.7 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 4.8 Billion
GNI Per Capita 2015: US$ 540
Inflation Rate: 5.09%
Crude Birth Rate (per 1000): 34.10%
Human Development Index (rank / 188): 166
Human Development Index (scale 0 to 1): 0.487
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 370.2 Million

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Contact

Togo Country Office 

Groupe de la Banque africaine de Développement
Immeuble de la BOAD - 6e étage   
68, Avenue de la Libération
01 B.P. 2722 Lomé, TOGO

Tél : (228) 22228002 / (228) 22228003 

Ms Diabi Khadidia, Country Manager

West Africa Region

Mr. M. Janvier LITSE, Director West Africa Region

African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

TEL. : (+225) 20 26 40 47