Key Market Indicators
The revenue from passenger transport in Togo is projected to hit approximately $157 million by 2028, rising from around $135 million in 2023. This marks an annual compound growth rate (CAGR) of 2.5%. Since 2003, the Togolese market has experienced an average annual growth of 3%. In the global rankings for 2023, Togo secured the 44th position, while Bolivia edged out Togo with equivalent revenue figures of approximately $135 million. In the same rankings, Qatar, Ireland, and Russia clinched the second, third, and fourth spots, respectively.
