Togo’s economy expanded by 6.3 percent in 2025, outperforming forecasts from major international institutions and pushing the country’s nominal gross domestic product to an estimated 6,919.1 billion CFA francs, or about US$12.28 billion, according to preliminary official data.
The figures, released by the National Institute of Statistics and Economic and Demographic Studies (INSEED), highlight continued growth momentum in the West African country, driven largely by services, transport and infrastructure-related activity.
The performance exceeded earlier projections by both the World Bank and the International Monetary Fund, which had forecast growth of 5.0 percent and 5.3 percent respectively.
The services sector remained the main engine of the economy, generating more than 3,400 billion CFA francs in added value and expanding by 7.0 percent in real terms. The sector alone contributed around 3.5 percentage points to total economic growth.
Among the strongest-performing segments was transport and warehousing, which grew by 16.2 percent, supported by increased activity at the Port of Lomé.
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The port consolidated its position as a key regional logistics hub after handling 2.06 million twenty-foot equivalent units (TEUs) in 2024, an increase of 8 percent compared with the previous year. The facility was ranked 92nd globally in the 2025 Lloyd’s List rankings, making it the only sub-Saharan African port to feature among the world’s top 100.
The information and communication sector also posted strong growth of 17.2 percent, reflecting expanding digital services and telecommunications activity, while trade activity rose by 9.9 percent, supported by domestic consumption and transit trade.
Togo’s industrial and construction sectors also recorded robust performance. The secondary sector grew by 7.5 percent, driven by a 16.9 percent increase in construction activity and a 27.4 percent rise in construction materials manufacturing linked to ongoing infrastructure projects.
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Extractive industries expanded by 10.6 percent, further contributing to economic output.
Despite the broad-based expansion, some sectors weakened significantly. Financial and insurance activities contracted by 9.6%, reflecting pressure on banking profitability and weaker margins within the financial sector.
Public administration activity also declined by 8.8 percent, largely due to fiscal consolidation efforts aimed at reducing public debt levels.
Authorities said public debt had fallen to 65% of GDP by the end of June 2025, below the 70 percent ceiling set by the West African regional bloc.
Economists say the stronger growth performance reflects Togo’s increasing role as a regional trade and logistics platform, supported by investment in transport infrastructure and digital services.
However, analysts caution that sustaining growth above 6 percent will require continued investment, stronger domestic demand and improved resilience in sectors facing financial pressures.
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The latest figures also suggest rising living standards, with GDP per capita approaching the $1,400 threshold as economic growth outpaced population increases.
Togo, one of West Africa’s smaller economies, has in recent years pursued infrastructure-led growth strategies while seeking to strengthen its position as a regional commercial gateway connecting coastal and landlocked countries in the region.
