Analysis by Region - Emerging Markets - Togo
Following real GDP growth of 6.4% last year, we forecast economic growth to average 4.7% p.a. over the 2024-2025 period. Factors that will support economic activity over this time frame include structural reforms, key investments in the industrial sector, and a rebound in consumer spending. Conversely, the government’s ongoing fiscal consolidation drive alongside subdued global demand will dampen Togo’s economic growth potential.
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