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YEARBOOK

ECONOMIC REPORT

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Togo

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Togo

2014-06-16_19-07-24_Togo_Maritime_-_Adjogblé

Togo enjoys an excellent geostrategic position, with access to both hinterland countries and the sea thanks to one of the most efficient ports. Neighboring Ghana, Benin, and Burkina Faso, it is a member of the United Nations, the African Union, the Economic Community of West African States, and the Organization of the Islamic Conference.

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Name : Togolese Republic.

Head of State: Faure Essozimna Gnassingbé

National holiday: April 27, Independence Day

Area: 56,790 square kilometers

Capital: Lome

Main cities: Lomé, Kara, Sokodé, Kpalimé, Atakpamé, Dapaong

Official language: French

Cash : CFA franc

Population : 8.28 million inhabitants (World Bank, 2020)

Rural population: 57% (World Bank, 2020).

Urban population: 43% (World Bank, 2020)

Density : 145 inhabitants per square kilometer (World Bank, 2018)

Population growth rate: 2.4% (World Bank, 2020)

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Life expectancy at birth: 61 years old (World Bank, 2019)

Adult literacy rate: 66,54% (World Bank, 2015)

Gross domestic product : 7.575 billion $ (2020) 

Gross domestic product per capita: 914,95 $ (2020) 

Growth rate: 5,3 % (2021)

Inflation rate: 4.1% in 2021

Share of sectors of activity in the gross domestic product: primary 19.3%, secondary 13.9%, services 49.9%, balance 16.5% (taxes and duties - DG Trésor, 2019)

Main customers: Burkina Faso, Benin, India, Nigeria (IMF, 2020)

Main suppliers: China, France, United States, India (IMF, 2020)

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Source : YEARBOOK Economic Report

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