Economy
Nominal GDP
USD 10.8 billion
GDP per capita
USD 1,196
2021–2025 average
Currency
- Name
- West African CFA franc
Франк КФА BCEAO - ISO code
- XOF
- Rate against the US dollar
- USD 1 = 579.64 XOF
- Rate against the rouble
- 10 XOF = 1.4416 RUB
- Rate type
- Cross rate via the Bank of Russia USD/RUB rate
- Currency zone
- West African CFA franc (XOF)
- Note
- fixed peg to the euro: 1 EUR = 655.957 CFA francs
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 20.8%
- Industry 20.7%
- Services 51.7%
Industries and programmes
- Key industries
- Phosphates, clinker and cement, cotton, transit logistics (Port of Lomé), and financial services.
- Government programmes
- Government roadmap and development programs
- Adétikopé Industrial Platform (PIA)
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 1.30 | 100.0 |
| 2022 | 1.44 | 110.8 |
| 2023 | 1.57 | 120.8 |
| 2024 | 1.64 | 126.2 |
| 2025 | 1.80 | 138.5 |
- Imports of goods
- USD 2.95 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Exports of goods and services
- USD 2.39 billion 2023Source: World Bank, national accounts. Period: 2023
- Change in exports of goods, 2021–2025
- +38.5%
- Average annual rate of change in exports of goods, 2021–2025
- +8.5%
Export specialisation
Main export products
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Main export destinations
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Investment areas
- Logistics and port services
- Agro-processing
- PIA industrial platform
- Phosphates
- Digital services
- Pharmaceuticals and energy
Agreements with Russia
Investment protection
There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.
Absent
Double taxation
There is no double taxation agreement with Russia.
Absent
Visa requirements
Russian citizens holding ordinary passports require a visa.
Visa required
Peaceful nuclear energy
No information
Other agreements
- Agreement on Military Cooperation (ratified by Russia in October 2025).
Incentives
- Main regimes and incentives
Investment Code 2019; free zone regime (corporate income tax exemption for 10 years, followed by reduced rates).
- Type of measure
- Investment agency
- API-ZF — Togo Investment Promotion and Free Zone Agency
- Zone operator / authority
- API-ZF — Togo Investment Promotion and Free Zone Agency