The Gross Domestic Product (GDP) in Togo expanded 5.20 percent in the third quarter of 2019 over the same quarter of the previous year. Togo GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Annual Growth Rate in Togo averaged 4.24 percent from 1961 until 2019, reaching an all time high of 15.46 percent in the fourth quarter of 1965 and a record low of -15.10 percent in the fourth quarter of 1993. This page provides - Togo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Annual Growth Rate in Togo is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Togo to stand at 3.80 in 12 months time. In the long-term, the Togo GDP Annual Growth Rate is projected to trend around 4.60 percent in 2021, according to our econometric models.

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Togo GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.20 15.46 -15.10 1961 - 2019 percent Quarterly

Togo GDP Annual Growth Rate
Togo is one of the poorest countries in the world. Agriculture is the most important sector of the economy: it employs 70 percent of active population and accounts for over 40 percent of GDP. In recent years, foreign direct investment has increased due to exploration of large reserves of limestone, marble and phosphate.