Togo recorded a Government Budget deficit equal to 6.70 percent of the country's Gross Domestic Product in 2018.

Government Budget in Togo averaged -2.66 percent of GDP from 2002 until 2018, reaching an all time high of 2.40 percent of GDP in 2003 and a record low of -6.70 percent of GDP in 2018. This page provides - Togo Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Togo Government Budget - values, historical data and charts - was last updated on July of 2020.

Government Budget in Togo is expected to reach -8.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Togo Government Budget is projected to trend around -6.70 percent of GDP in 2021 and -4.00 percent of GDP in 2022, according to our econometric models.

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Togo Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-6.70 -2.10 2.40 -6.70 2002 - 2018 percent of GDP Yearly

Togo Government Last Previous Highest Lowest Unit
Government Debt to GDP 20.40 19.40 124.00 13.60 percent [+]
Government Budget -6.70 -2.10 2.40 -6.70 percent of GDP [+]
Military Expenditure 98.40 88.40 98.40 5.50 USD Million [+]
Credit Rating 30.00 [+]


Togo Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.