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Economy of Germany vs Togo compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $11.9B for Togo, ranking 3/197 and 152/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $7.49B (63% of GDP) in Togo.

Germany vs Togo GDP by year

Germany
Togo
1x
Year GDP, current $
Germany Togo
2025 $5,050,922,925,047 $11,889,949,067
2024 $4,685,592,577,805 $10,643,440,332
2023 $4,562,207,532,490 $9,723,300,577
2022 $4,201,021,706,479 $8,646,453,099
2021 $4,355,251,953,411 $8,541,668,141
2020 $3,941,398,957,074 $7,486,031,562
2019 $3,959,894,794,039 $6,992,942,459
2018 $4,055,433,215,302 $7,029,215,766
2017 $3,765,351,626,106 $6,387,424,240
2016 $3,536,787,895,179 $6,071,167,584
2015 $3,425,099,578,746 $5,755,457,836
2014 $3,964,870,735,761 $6,393,314,708
2013 $3,807,023,797,051 $6,021,729,630
2012 $3,596,483,233,406 $5,413,541,649
2011 $3,823,575,803,794 $5,422,439,152
2010 $3,467,093,769,667 $4,746,386,893
2009 $3,478,545,516,684 $4,721,888,275
2008 $3,808,197,720,125 $4,578,847,113
2007 $3,484,056,680,855 $3,759,962,853
2006 $3,046,308,753,671 $3,320,907,722
2005 $2,893,393,187,362 $3,221,910,408
2004 $2,852,317,768,062 $3,191,561,509
2003 $2,534,715,518,349 $2,987,984,051
2002 $2,102,350,798,306 $2,410,199,032
2001 $1,966,381,496,642 $2,093,498,674
2000 $1,966,980,701,145 $2,106,848,752
1999 $2,213,873,468,587 $2,226,577,204
1998 $2,247,760,364,566 $2,241,650,112
1997 $2,218,790,886,533 $2,116,818,623
1996 $2,506,576,553,158 $2,069,506,014
1995 $2,593,053,091,306 $1,849,110,468
1994 $2,215,282,632,277 $1,387,662,121
1993 $2,078,954,217,438 $1,741,944,426
1992 $2,141,377,582,968 $2,390,796,916
1991 $1,875,792,575,133 $2,262,767,860
1990 $1,778,162,195,860 $2,299,665,506
1989 $1,404,092,925,205 $1,910,635,575
1988 $1,406,367,016,372 $1,947,208,354
1987 $1,302,932,318,825 $1,763,978,066
1986 $1,050,092,624,516 $1,498,219,579
1985 $735,218,723,093 $1,076,604,520
1984 $727,767,760,979 $1,014,170,069
1983 $773,507,930,295 $1,081,387,265
1982 $779,421,633,755 $1,160,337,039
1981 $803,404,797,058 $1,359,026,709
1980 $953,772,499,462 $1,604,836,916
1979 $884,574,218,333 $1,259,365,712
1978 $743,182,891,918 $1,164,025,637
1977 $602,698,323,086 $1,097,893,826
1976 $521,658,712,133 $874,681,612
1975 $492,434,094,920 $871,781,687
1974 $446,934,971,657 $791,450,308
1973 $399,833,571,167 $574,030,984
1972 $300,899,944,795 $474,043,922
1971 $250,900,942,397 $404,648,368
1970 $216,629,229,947 $358,665,754
1969 $177,733,486,326 $378,091,810
1968 $156,527,292,653 $341,691,567
1967 $145,100,667,773 $327,215,844
1966 $143,304,275,684 $305,227,595
1965 $134,774,688,191 $264,505,506
1964 $123,330,404,665 $234,572,186
1963 $112,232,503,744 $202,305,865
1962 $105,895,435,234 $186,745,758
1961 $96,558,204,043 $178,497,098
1960 $84,619,845,881 $171,057,069

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/togo | CC BY

GDP per capita in Germany vs Togo by year

Germany
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $1,384 -
2024 $56,104 $73,552 $1,266 $3,365
2023 $54,777 $71,684 $1,182 $3,154
2022 $50,507 $69,049 $1,072 $2,935
2021 $52,349 $62,531 $1,076 $2,639
2020 $47,395 $58,686 $961 $2,384
2019 $47,656 $59,271 $918 $2,215
2018 $48,916 $56,273 $942 $2,067
2017 $45,554 $54,110 $872 $1,986
2016 $42,949 $51,570 $843 $1,933
2015 $41,930 $48,545 $814 $1,880
2014 $48,960 $47,939 $922 $1,803
2013 $47,207 $45,889 $886 $1,715
2012 $44,718 $44,229 $814 $1,645
2011 $47,631 $43,398 $834 $1,616
2010 $42,397 $39,726 $750 $1,537
2009 $42,472 $37,574 $770 $1,474
2008 $46,379 $38,444 $771 $1,429
2007 $42,351 $36,914 $654 $1,387
2006 $36,980 $34,741 $596 $1,407
2005 $35,084 $32,314 $595 $1,368
2004 $34,567 $31,753 $604 $1,427
2003 $30,711 $30,301 $580 $1,440
2002 $25,487 $29,514 $479 $1,357
2001 $23,878 $28,674 $427 $1,320
2000 $23,926 $27,474 $440 $1,315
1999 $26,965 $26,518 $477 $1,332
1998 $27,396 $25,446 $492 $1,318
1997 $27,047 $24,649 $477 $1,373
1996 $30,600 $24,169 $482 $1,218
1995 $31,747 $23,631 $450 $1,140
1994 $27,202 $22,869 $355 $1,082
1993 $25,617 $21,900 $448 $925
1992 $26,560 $21,746 $608 $1,057
1991 $23,443 $21,001 $592 $1,107
1990 $22,386 $19,468 $619 $1,110
1989 $17,829 - $530 -
1988 $17,997 - $556 -
1987 $16,739 - $519 -
1986 $13,511 - $455 -
1985 $9,464 - $337 -
1984 $9,347 - $327 -
1983 $9,900 - $357 -
1982 $9,950 - $392 -
1981 $10,246 - $472 -
1980 $12,183 - $575 -
1979 $11,322 - $464 -
1978 $9,517 - $440 -
1977 $7,711 - $425 -
1976 $6,659 - $347 -
1975 $6,259 - $354 -
1974 $5,660 - $329 -
1973 $5,065 - $244.8 -
1972 $3,824 - $207.6 -
1971 $3,204 - $182.3 -
1970 $2,771 - $166.9 -
1969 $2,281 - $185 -
1968 $2,025 - $174.9 -
1967 $1,886 - $171.1 -
1966 $1,871 - $162.9 -
1965 $1,774 - $144.1 -
1964 $1,637 - $130.4 -
1963 $1,502 - $114.6 -
1962 $1,431 - $107.8 -
1961 $1,316 - $104.8 -
1960 $1,162 - $102.2 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/togo | CC BY

Germany's GDP per capita is $60,496, ranking 18/197, compared to $1,384 in Togo, ranking 167/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Togo ranks 173rd at $3,365.

Economic indicators

Germany Togo
Gross domestic product
$5.05T
2025
$11.9B
2025
GDP rank
3/197
2025
152/197
2025
GDP growth
0.24%
2024-2025
6.31%
2024-2025
GDP per capita
$60,496
2025
$1,384
2025
GDP per capita rank
18/197
2025
167/197
2025
GDP per capita, PPP
$73,552
2024
$3,365
2024
GDP per capita PPP rank
20/197
2024
173/197
2024
Government debt
$3.18T
2025
$7.49B
2025
Debt-to-GDP ratio
62.9%
2025
63%
2025
Government debt per person
$38,071
2025
$872
2025
Government debt per person rank
21/185
2025
148/185
2025
Average annual personal income after taxes
$40,352
2026
$1,719
2026
Market capitalization of domestic companies
$2.9T
2025
n/a
Number of millionaires
2,648,000
2026
n/a
Number of billionaires
212
2026
n/a
Income share by richest 10%
26.2%
2022
29.6%
2021
Income share by poorest 10%
2.3%
2022
2.8%
2021
Government expenditure, % of GDP
50.5%
2025
19.8%
2025
Consumer prices inflation
2.17%
2024-2025
0.43%
2024-2025
Unemployment rate
3.8%
2025
1.97%
2022
Population
82830814
8873660

Spending and national debt comparison by year

Germany
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
Germany Togo
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 19.8% 63%
2024 49.4% 62.2% 24.3% 66.2%
2023 48.1% 62.3% 24.8% 64.1%
2022 48.6% 64.4% 24.4% 63%
2021 50.7% 67.9% 21.3% 63.3%
2020 51.1% 68% 23.4% 61.4%
2019 45.5% 58.7% 16.6% 54.9%
2018 44.7% 60.8% 18.8% 58%
2017 44.5% 64% 16.3% 57.1%
2016 44.7% 68.3% 22.9% 59.9%
2015 44.5% 71.2% 22.9% 52.4%
2014 44.5% 74.5% 21.9% 44.9%
2013 45.2% 77.5% 20.5% 41.1%
2012 45.1% 79.8% 19.1% 34.3%
2011 45.3% 78.5% 18.2% 37%
2010 48.1% 81% 15.1% 33.5%
2009 48.3% 72.4% 14.3% 57.6%
2008 44.4% 65.2% 12.4% 67.3%
2007 43.5% 63.7% 13.7% 70.5%
2006 45.3% 66.4% 14.7% 67.7%
2005 46.9% 67.1% 13.3% 63.1%
2004 47% 65% 10.6% 48.7%
2003 48.5% 63.3% 8.88% 50%
2002 48.2% 59.8% 8.42% 54.8%
2001 47.7% 58.1% 10.9% 68.5%
2000 48.1% 59.2% 11.9% 66.5%
1999 48.5% 60.3% 11.9% 59.9%
1998 48.3% 59.4% 12.8% 62.8%
1997 48.8% 58.8% 10.6% 54.4%
1996 49.6% 57.7% 12.4% 60.4%
1995 55.2% 54.9% 12.7% 64.8%
1994 48.3% 47.5% 13.2% 79%
1993 48.3% 45.1% 14.8% 58.3%
1992 47.4% 41.4% 12.6% 45%
1991 46.5% 39% 14.6% 46.9%
1990 44.7% 40.7% 16.8% 44.7%
1989 44.3% 39.2% 16.9% 46.3%
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2004, retrieved 2026-07-08).

GeoRank.org/economy/germany/togo | CC BY

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while Togo spent $2.36B, or 19.8% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 63% in Togo, ranking 70/185 and 69/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Togo
1x
Year Deficit/surplus, % of GDP
Germany Togo
2025 -2.67% -3.23%
2024 -2.66% -6.82%
2023 -2.49% -6.28%
2022 -1.91% -7.83%
2021 -3.17% -4.54%
2020 -4.38% -6.96%
2019 1.33% 1.67%
2018 1.88% -0.59%
2017 1.34% -0.21%
2016 1.13% -7.02%
2015 0.91% -7.04%
2014 0.73% -7.11%
2013 0.12% -5.08%
2012 -0.05% -4.63%
2011 -0.84% -4.48%
2010 -4.42% -1.66%
2009 -3.18% -2.63%
2008 -0.26% -0.59%
2007 0.15% -1.83%
2006 -1.76% -1.94%
2005 -3.37% -1.67%
2004 -3.42% 0.61%
2003 -3.83% 1.43%
2002 -4.09% -0.28%
2001 -3.12% -0.72%
2000 -1.71% -3.45%
1999 -1.87% -1.76%
1998 -2.65% -3.25%
1997 -3.03% -0.98%
1996 -3.64% -3.26%
1995 -9.44% -2.97%
1994 -2.54% -5.37%
1993 -3.11% -8.46%
1992 -2.63% -2.27%
1991 -3.21% -3.52%
1990 -1.94% -1.65%
1989 0.08% -2.18%
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
1981 -4.03% -
1980 -3.02% -
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/togo | CC BY

In 2025, Germany's government deficit, the difference between spending and revenue, was $135B, equivalent to 2.67% of GDP. This compares to Togo's deficit of $384M, or 3.23% of GDP.

Over the past 37 years, Germany recorded a fiscal deficit in 28 of those years, while Togo ran a deficit in 34 years. On average, Germany posted an annual deficit equal to 1.99% of GDP, compared to deficit of 3.2% of GDP for Togo.

Inflation comparison by year

Inflation
Germany

Togo
1x
Year Consumer prices inflation
Germany Togo
2025 2.17% 0.43%
2024 2.26% 2.86%
2023 5.95% 5.49%
2022 6.87% 7.97%
2021 3.07% 4.19%
2020 0.14% 1.7%
2019 1.45% 0.67%
2018 1.73% 0.93%
2017 1.51% -0.98%
2016 0.49% 1.29%
2015 0.51% 2.59%
2014 0.91% 0.19%
2013 1.5% 1.83%
2012 2.01% 2.58%
2011 2.08% 3.56%
2010 1.1% 1.45%
2009 0.31% 3.71%
2008 2.63% 8.69%
2007 2.3% 0.95%
2006 1.58% 2.23%
2005 1.55% 6.78%
2004 1.67% 0.39%
2003 1.03% -0.93%
2002 1.42% 3.06%
2001 1.98% 3.92%
2000 1.44% 1.86%
1999 0.59% -0.05%
1998 0.91% 0.98%
1997 1.94% 8.25%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/togo | CC BY

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 2.64% in Togo. In 2025, inflation was 2.17% in Germany and 0.43% in Togo.

Top exports between countries

Germany
Export category Export value
Raw materials & minerals $29.1M
Machinery & equipment $25.8M
Processed food, beverages & tobacco $18M
Textiles & consumer goods $6.96M
Raw agricultural goods $6.65M
Chemicals & pharma $5.48M
Miscellaneous $2.1M
Animal & marine products $1.36M
Wood & paper products $686K
Metals $641K
Togo
Export category Export value
Raw agricultural goods $1.85M
Textiles & consumer goods $1.63M
Processed food, beverages & tobacco $395K
Machinery & equipment $290K
Raw materials & minerals $105K
Metals $55K
Wood & paper products $18K
Precious metals & jewellery $6K
Chemicals & pharma $2K

Balance of trade

Germany Togo
Current account balance
$228B
2025
-$20.7M
2020
Current account balance ranking
2/190
2025
72/190
2020
Current account balance, % of GDP
+4.51%
2025
-0.28%
2020
Goods imports
$1.32T
2025
$1.95B
2020
Goods exports
$1.53T
2025
$1.21B
2020
Service imports
$602B
2025
$438M
2020
Service exports
$518B
2025
$514M
2020
Imports of goods and services, % of GDP
38.1%
2025
38.1%
2024
Exports of goods and services, % of GDP
40.4%
2025
24.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Germany Togo
Economic freedom 71.7 51.6
Economic freedom ranking 30/197 153/197
Property rights 95.5 43.6
Government integrity 84.5 33.3
Judicial effectiveness 94.6 34
Tax burden 60.5 68.9
Government spending 28.8 79.2
Fiscal health 83.1 9.6
Business freedom 79.8 60.1
Labor freedom 52.2 51.9
Monetary freedom 72.5 72.5
Trade freedom 79.4 65.8
Investment freedom 60 60
Financial freedom 70 40

Economic freedom comparison by year

Germany
Togo
1x
Year Economic freedom index
Germany Togo
2026 71.7 51.6
2025 71.6 52.3
2024 72.1 50.9
2023 73.7 55.3
2022 76.1 57.2
2021 72.5 57.5
2020 73.5 54.1
2019 73.5 50.3
2018 74.2 47.8
2017 73.8 53.2
2016 74.4 53.6
2015 73.8 53
2014 73.4 49.9
2013 72.8 48.8
2012 71 48.3
2011 71.8 49.1
2010 71.1 47.1
2009 70.5 48.7
2008 70.6 48.9
2007 70.8 49.7
2006 70.8 47.3
2005 68.1 48.2
2004 69.5 47
2003 69.7 46.8
2002 70.4 45.2
2001 69.5 45.3
2000 65.7 46.4
1999 65.6 48.2
1998 64.3 -
1997 67.5 -
1996 69.1 -
1995 69.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/germany/togo | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Togo
Services, % of GDP
64.5%
2025
61.7%
2025
Industry, % of GDP
25.2%
2025
21%
2025
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
20.3%
2025
GNI, Atlas method
$5.03T
2025
$11.6B
2025
GNI per capita, PPP
$78,140
2025
$4,090
2025
Total reserves including gold
$572B
2025
n/a
Total reserves ranking
7/177
2025
n/a
Net foreign direct investment
$12.9B
2025
-$53.1M
2020
Net inflows of foreign direct investment
$62.6B
2024
$83.8M
2024
Net outflows of foreign direct investment
$87B
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI n/a
3.22%
2024
Poverty at national poverty lines
14.8%
2021
43.8%
2021
Gross capital formation, % of GDP
21.9%
2025
20.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/togo | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.