French, language of commerce), Ewe and Mina, Kabye
Economic Overview
Key economic indicators for Togo
GDP:
$25.75 billion
GDP per Capita:
$2,800
GDP Growth:
6.41%
Inflation:
7.97%
Unemployment:
2.05%
Public Debt:
75.7% of GDP
Credit Rating:
B (2019)
Political System
Governance structure of Togo
Government Type:
presidential republic
Head of State:
President Faure GNASSINGBE (since 4 May 2005)
Head of Government:
Prime Minister Victoire TOMEGAH Dogbé (since 25 September 2020)
Judiciary:
Supreme Court or Cour Supreme (organized into criminal and administrative chambers, each with a chamber president and advisors); Constitutional Court (consists of 9 judges, including the court president)
Administrative Divisions:
5 regions (regions, singular - region); Centrale, Kara, Maritime, Plateaux, Savanes
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
2208 Massachusetts Avenue NW, Washington, DC 20008
Major Alliances and Organizations
AU
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
18.1% (2023 est.)
Industry
20.2% (2023 est.)
Services
51.7% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$1.722 billion
Imports:
$2.389 billion
Major Trading Partners
UAE 40
India 13
Angola 13
Burkina Faso 4
Cote d'Ivoire 3
Economic Outlook
Togo has a 6.41% GDP growth rate with 7.97% inflation. The economy is characterized by a strong agriculture sector.