Togo: public finances

How big is Togo's government debt?

Togo's general government gross debt was 64.9% of GDP in 2025, according to the IMF World Economic Outlook database. The IMF projects 64.7% for 2026, after 66.2% in 2024.

The IMF uses a common definition of general government debt so that countries can be compared; the Ministry of Economy and Finance publishes national debt documents. Figures for recent years can be estimates and are revised in each edition of the database.

Official sources: IMF World Economic Outlook database

What is Togo's budget deficit?

Togo's general government deficit was 3.2% of GDP in 2025, according to the IMF World Economic Outlook database. The IMF projects 3.4% for 2026. The deficit was 7.8% in 2022 and 6.8% in 2024.

Net lending or borrowing is revenue minus spending for the general government; a negative number is a deficit. The Ministry of Economy and Finance publishes the state budget and its execution reports.

Official sources: IMF World Economic Outlook database

How much does Togo's central government owe?

Togo's central government debt was 4,217.7 billion CFA francs at the end of 2024, according to Treasury figures in INSEED's National Statistical Yearbook 2024. It was 3,707.8 billion at the end of 2023 and 2,555.4 billion at the end of 2020.

2,866.1 billion CFA francs, or 68.0%, was owed in local currency and 1,351.6 billion in foreign currency. Long-term debt made up 3,757.7 billion. The debt rose 13.8% during 2024. The figures come from the central government debt bulletin of the Treasury's debt directorate and cover central government only.

Official sources: National Statistical Yearbook 2024

How much tax does Togo collect?

Togo's Revenue Office collected 1,097.95 billion CFA francs in tax revenue in 2024, according to INSEED's National Statistical Yearbook 2024. The amount was 881.13 billion in cash, after removing non-cash items. The domestic tax office raised 564.21 billion.

Corporate income tax brought in 183.14 billion and VAT and turnover taxes 174.87 billion. Tax revenue was 13.9% of GDP in 2023, according to the World Bank, compared with 12.7% in 2020. The yearbook also publishes revenue tables for each year from 2020.

Official sources: National Statistical Yearbook 2024 · World Bank

How much does Togo owe abroad?

Togo's external debt stock was US$4.29 billion at the end of 2024, equal to 43.2% of gross national income, according to the World Bank International Debt Statistics. It was US$3.44 billion in 2023 and US$2.01 billion in 2019.

Debt service took 13.8% of export and primary income earnings in 2024, up from 5.9% in 2019, according to the same source. External debt covers public and private borrowing from abroad, so it differs from the central government debt published by the Treasury.

Official sources: World Bank International Debt Statistics · same source

How much does Togo spend on education?

Government spending on education in Togo was 4.1% of GDP in 2023, according to the UNESCO Institute for Statistics. It was 3.8% in 2022, 4.2% in 2021 and 4.1% in 2020.

The figure covers current and capital spending on education by all levels of government, as a share of GDP. The ratio was 4.2% in 2019 and 4.1% in 2018, so it has stayed close to 4% for six years. Changes from year to year reflect both spending and the growth of GDP.

Official sources: UNESCO Institute for Statistics

What is Togo's national debt?

64.9% of GDP: that is general government gross debt in Togo for 2025, according to the IMF. Since 2005 it has ranged from 33.5% of GDP (2010) to 70.5% of GDP (2007). Sub-Saharan Africa median: 53.0% of GDP; Togo is 15th highest of 46. Worldwide: 64th of 185.

Does Togo's government borrow more than it raises?

-3.2% of GDP: that is general government net lending or borrowing in Togo for 2025, according to the IMF, a deficit. The peak was 1.7% of GDP in 2019 and the low -7.8% of GDP in 2022. Across Sub-Saharan Africa the middle value was -3.0% of GDP, and Togo placed 26th highest of 47. World rank, highest first: 111th of 188.

What is Togo's government revenue?

In 2025, general government revenue in Togo was 16.6% of GDP, according to the IMF. Since 2005 it has ranged from 11.6% of GDP (2005) to 18.5% of GDP (2023). It is 28th highest of 47 in Sub-Saharan Africa, where the median is 18.4% of GDP. World rank, highest first: 153rd of 187.

What is Togo's government spending?

19.8% of GDP: that is general government spending in Togo for 2025, according to the IMF. Since 2005 it has ranged from 12.4% of GDP (2008) to 24.8% of GDP (2023). Sub-Saharan Africa median: 20.8% of GDP; Togo is 27th highest of 46. Of 186 countries with 2025 data, 150th highest.

What is tax revenue in Togo?

According to the IMF, central government tax revenue in Togo was 13.9% of GDP in 2023. It is the top of the series, which starts in 2005. Across Sub-Saharan Africa the middle value was 14.0% of GDP, and Togo placed 12th highest of 22. Of 110 countries with 2023 data, 79th highest.

How much does Togo spend on its military?

The latest figure from SIPRI, for 2025, is 1.9% of GDP. The peak was 4.1% of GDP in 2022 and the low 1.4% of GDP in 2016. Across Sub-Saharan Africa the middle value was 1.3% of GDP, and Togo placed 13th highest of 44. Of 149 countries with 2025 data, 68th highest.