N°0119/ HAAC/02-2024/pl/p
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Thursday, May 29, 2025
N°0119/ HAAC/02-2024/pl/p

Togo: Solid growth expected in 2025 despite a slight downturn

HomeEconomyTogo: Solid growth expected in 2025 despite a slight downturn
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Togo is forecasting economic growth of 6.2 % in 2025, compared with 6.3 % in 2024, according to the National Credit Council (CNC). This dynamism is based on macroeconomic stability, structural reforms and the contribution of the various sectors, with the tertiary sector leading the way (3.7 %).

Inflation continues to fall, from 5.3 % in 2023 to 2.9 % in 2024, and should reach 2.4 % in 2025, thanks to the stabilization of food prices and measures to support local supply. The volume of credit to economic operators has increased, with a notable rise in bank loans (+18 % in 2024).

The government reaffirms its commitment to macroeconomic stability and reforms, aimed at consolidating sustainable and inclusive growth.

Julien SEGBEDJI
Julien SEGBEDJI
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