Togo GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Togo expanded 5 percent in 2012 from the previous year. GDP Annual Growth Rate in Togo is reported by the World Bank. From 1961 until 2012, Togo GDP Annual Growth Rate averaged 3.8 Percent reaching an all time high of 15.5 Percent in December of 1965 and a record low of -15.1 Percent in December of 1993. 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. This page provides - Togo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.00 4.90 15.46 -15.10 5.60 | 2013/12 1961 - 2012 Percent Yearly

TO

Togo GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 3.81 2012-12-31 3.68 3.81 0.12 4.16 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 5.00 2012-12-31 4.90 15.46 -15.10 5.60 2013-12-31 Percent [+]
GDP per capita 412.79 2012-12-31 401.12 533.54 272.53 409.54 2014-06-30 USD [+]
GDP per capita PPP 905.79 2012-12-31 880.18 1170.75 701.44 898.65 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Togo Inflation Rate at -0.70 Percent  
The inflation rate in Togo was recorded at -0.70 percent in March of 2014. Inflation Rate in Togo is reported by the DGSCN, Togo.
Togo Sales Tax Rate at 18.00 Percent  
The Sales Tax Rate in Togo stands at 18 percent. Sales Tax Rate in Togo is reported by the General Direction of Taxes.
Togo Balance of Trade at -48.49 CFA Franc Billion  
Togo recorded a trade deficit of 48.49 CFA Franc Billion in June of 2012. Balance of Trade in Togo is reported by the DGSCN, Togo.
Togo Interest Rate at 3.50 Percent  
The benchmark interest rate in Togo was last recorded at 3.50 percent. Interest Rate in Togo is reported by the Central Bank of West African States (BCEAO).
Togo Current Account at -176.67 USD Million  
Togo recorded a Current Account deficit of 176.67 USD Million in 2011. Current Account in Togo is reported by the World Bank.
Togo GDP per capita at 412.79 USD  
The Gross Domestic Product per capita in Togo was last recorded at 412.79 US dollars in 2012. The GDP per Capita in Togo is equivalent to 3 percent of the worlds average. GDP per capita in Togo is reported by the World Bank.
Togo GDP per capita PPP at 905.79 USD  
The Gross Domestic Product per capita in Togo was last recorded at 905.79 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Togo, when adjusted by Purchasing Power Parity is equivalent to 4 percent of the worlds average. GDP per capita PPP in Togo is reported by the World Bank.
Togo Population at 6.64 Million  
The total population in Togo was last recorded at 6.6 million people in 2012 from 1.6 million in 1960, changing 320 percent during the last 50 years. Population in Togo is reported by the World Bank.
Togo GDP at 3.81 USD Billion  
The Gross Domestic Product (GDP) in Togo was worth 3.81 billion US dollars in 2012. The GDP value of Togo represents 0.01 percent of the world economy. GDP in Togo is reported by the World Bank.
Togo Current Account to GDP at -8.60 Percent  
Togo recorded a Current Account deficit of 8.60 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Togo is reported by the Central Bank of West African States.
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