The economic outlook remains optimistic in Togo, despite debt and terrorism, with growth forecast at 6.8% in 2024 and 7% in 2025.

The rebound is based on three levers such as the revival of private investment, the increase in agricultural production, and the dynamism of domestic demand. The government is banking on a fiscal consolidation plan to reduce public investment spending and stabilize debt at around 64.9% by 2025. According to an ECOWAS analyst, “Togo is turning its challenges into opportunities.” Since 2011, the Togolese economy has maintained a stable pace, oscillating between 5.7% and 5.8% annual growth. However, inflation, driven by food prices (+11.2%) and transport (+12.7%), rose to 7.6% in 2022, after a low of 0.9% in

While Togo resists, threats persist, including the deterioration of the global economy, climate shocks threatening agriculture (20% of GDP), fluctuations in commodity prices, and the complex refinancing of debt . Thus, public debt, which rose from 30.2% of GDP in 2011 to 65.8% in 2011 to 65.8% in 2022, is expected to reach 68.8% in 2024 before gradually falling to 62% by 2028 (IMF). This increase is increasing debt service.

Also, the Savanes region, bordering Burkina Faso, is the target of jihadist groups seeking to exploit local socio-economic vulnerabilities.