Cape Verde vs Togo: Economic Indicators Comparison

Togo with a GDP of $5.4B ranked the 154th largest economy in the world, while Cape Verde ranked 174th with $2B. By GDP 5-years average growth and GDP per capita, Togo and Cape Verde ranked 27th vs 94th and 185th vs 125th, respectively.

Gross Domestic Product & Income

StatCape VerdeTogo
GDP$2B$5.4B
GDP growth, 1 year4.7%4.7%
GDP growth, 5-years average3%5.3%
Population546k7.8M
GDP per capita$3.6k$679
GDP per capita growth3.87%2.38%
Purchasing Power Parity conversion factor45.56212.6
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.38
GDP per capita, PPP adjusted$7.3k$1.7k
GNI, Atlas method$1.9B$5.2B
GNI per capita$3.4k$660
GNI, PPP adjusted$4B$14B
GNI per capita, PPP adjusted$7.3k$1.8k

Financial system and Human development

StatCape VerdeTogo
Income Tax Rate50%45%
Corporate Tax Rate30%27%
Inflation, consumer prices2.2%0.7%
Inflation, GDP deflator1.5%1.3%
Unemployment12.3%1.7%
Economic Freedom Index63.654.1
Personal Freedom Index8.335.73
Human Freedom Index7.45.67
Property Rights Index47.541.6
Judical Effectiveness Index4831.7
Business Freedom Index58.555
Fiscal Health Index66.259.4
Labor Freedom Index55.646.9
Investment Freedom Index8065
Financial Freedom Index6030
Trade Freedom Index68.263.2
Monetary Freedom Index83.179.5
Government Spending Index71.778.6
Tax Burden Index77.767.5
Government Integrity Index46.131.2
Corruption Perceptions Index5730
Life expectancy at birth, years72.660.5
Suicide mortality rate, per 100,000 people11.39.6
Mortality caused by road traffic injury, per 100,000 people2529.2
Intentional homicides, per 100,000 people11.59
International tourism, number of arrivals710k573k

Government debt & reserves

StatCape VerdeTogo
Central government debt, % of GDP127.7%74.6%
External debt stocks, % of GNI89.3%33.3%
External debt stocks$1.7B$1.8B
Short-term debt, % of total reserves0.2%N/A
Total debt service, % of exports and primary income5.6%5%
Adjusted net savings including particulate emission damage, % of GNI11.7%-7.5%
Gross savings, % of GDP34.7%21.4%
Gross capital formation, % of GDP40.4%25.3%
Total reserves including gold$606.4MN/A
Foreign direct investment net inflows$108M$102M

Exports, imports and economic structure

StatCape VerdeTogo
Exports of goods and services, % of GDP48.8%31.3%
Imports of goods and services, % of GDP68.2%42.3%
Current account balance (balance of payments)-$94.5M-$96.4M
Revenue excluding grants, % of GDP28.8%20.3%
Grants excluding technical cooperation, BoP$42.5M$167.4M
Personal remittances received$233.5M$495.2M
Industry including construction value added, % of GDP19.2%15.5%
Agriculture, forestry and fishing value added, % of GDP5.3%23.4%
Charges for the use of intellectual property, payments BoP$11.3M$2.3M
Charges for the use of intellectual property, receipts BoP$47k$12k
Expense, % of GDP28.4%17.9%
Government Expenditure, % of GDP30.7%26.7%

Compare with countries close by GDP per capita

Cape Verde vs

CountryGDP
per capita
Population
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M

Togo vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M