The Gross Domestic Product (GDP) composition by sector in Togo shows significant contributions from services, agriculture, and various industries. In 2023, services led with 31.34%, followed by agriculture at 28.69%. Mining, manufacturing, and utilities accounted for 13.11%, with transport, storage, and communication at 12.51%. Wholesale, retail trade, restaurants, and hotels contributed 10.14%, and construction had the smallest share of 4.21%. Over the last two years, there has been modest growth in the service sector, while agriculture experienced fluctuations. The five-year compound annual growth rate (CAGR) for services indicates steady expansion.
Future trends to monitor include:
- Potential growth in the technology and digital services sectors driving the service industry higher.
- Initiatives to modernize agriculture which could enhance productivity and increase its GDP share.
- Infrastructure development in transport and construction possibly bolstering economic diversification.
- External factors such as global economic conditions impacting trade and mining.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 31.34 | 2016 | |
| 2 | 2 Agriculture, hunting, forestry, fishing | 28.69 | 2016 | |
| 3 | 3 Mining, Manufacturing, Utilities | 13.11 | 2016 | |
| 4 | 4 Transport, storage and communication | 12.51 | 2016 | |
| 5 | 5 Wholesale, retail trade, restaurants and hotels | 10.14 | 2016 | |
| 6 | 6 Construction | 4.21 | 2016 |
