Skip to main content

Laboratoire de la finance africaine

Togo (UEMOA)

Preview 2018
Projected Real GDP Growth (% Change) : 5.1
GDP (current, USD Bn) : 5.40
Projected Consumer Prices (% Change) : --
Country Population : 8.40 million
Market Capitalization : 8 billion$
Number of Listed Companies : 46
Sociétés Cotées à BRVM
Economic performance and outlook

Thanks to investments in energy and transportation infrastructure, the investment rate rose from 12% of GDP to 26% over 2012–15 and drove economic growth, estimated at 5.1% in 2019. However, these public expenditures increased the risk of debt unsustainability since it boosted the debt ratio to more than 80% of GDP in 2016.

(Download detailed Analysis Source : Report African Economic Outlook 2020 ; AfDB)

Financial markets

As a member of UEMOA, the Togo is a member of the Regional Securities Exchange (BRVM), which account 46 listed companies, representing, at the end of 2019, representing a market capitalization of $ 8.1 billion.

At the end of 2019, the banking sector of UEMOA represented a total asset of $ 56 billion.

Credit distributed to private sector at the end of 2019 represents $ 32 billion.