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GDP: Togo targets 6.6% in 2023

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After a fall in economic growth in 2020, Togo aims to reach 6.6% of real gross domestic product (GDP) in 2023 thanks to the achievement of the objectives of the government roadmap Togo 2025.

According to the economic outlook of Togo, real GDP is expected to grow at 6.6% in 2023, compared to 5.8% in 2022. Previously, real GDP stood at +5.5% in 2021 after +1.8% in 2020 compared to an average of + 5.1% over the period 2016-2019. The inflation rate fell to 6.6% in August 2023, compared to 8% in 2022.

Source: Africa News Agency