Togo

Togo Economic Outlook

The negative impact of the 2017 political crisis and the severe fiscal adjustment necessitated by the reduction in the debt-to-GDP ratio (from 82% in 2016 to a target of 70% in 2019) held back real GDP growth to an estimated 4.7% in 2018. Primary sector growth was an estimated 5.1%, driven by agriculture (5.1%) and fisheries (6.2%). Secondary sector growth was more muted than in 2017, reflecting lower performance in manufacturing. The political situation is also holding back tertiary sector growth, which was an estimated 4.4% in 2018, down from 7.9% in 2017.

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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 

Mr. Georges Bohoussou, Officer-in-Charge

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

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

TEL. : (+225) 20 26 40 47

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