Togo vs Trinidad and Tobago: Economic Indicators Comparison

Trinidad and Tobago with a GDP of $23.8B ranked the 113th largest economy in the world, while Togo ranked 154th with $5.4B. By GDP 5-years average growth and GDP per capita, Trinidad and Tobago and Togo ranked 175th vs 27th and 53rd vs 185th, respectively.

Gross Domestic Product & Income

Stat	Togo	Trinidad and Tobago
GDP	$5.4B	$23.8B
GDP growth, 1 year	4.7%	0.3%
GDP growth, 5-years average	5.3%	-1.5%
Population	7.8M	1.4M
GDP per capita	$679	$17k
GDP per capita growth	2.38%	-0.66%
Purchasing Power Parity conversion factor	212.6	3.62
Price level ratio of PPP conversion factor GDP to market exchange rate	0.38	0.54
GDP per capita, PPP adjusted	$1.7k	$32k
GNI, Atlas method	$5.2B	$22.2B
GNI per capita	$660	$16k
GNI, PPP adjusted	$14B	$43.1B
GNI per capita, PPP adjusted	$1.8k	$31k

Financial system and Human development

Stat	Togo	Trinidad and Tobago
Income Tax Rate	45%	25%
Corporate Tax Rate	27%	25%
Inflation, consumer prices	0.7%	1.1%
Inflation, GDP deflator	1.3%	6.1%
Unemployment	1.7%	2.8%
Economic Freedom Index	54.1	58.3
Personal Freedom Index	5.73	6.88
Human Freedom Index	5.67	6.81
Property Rights Index	41.6	56.6
Judical Effectiveness Index	31.7	42.1
Business Freedom Index	55	67.3
Fiscal Health Index	59.4	15.9
Labor Freedom Index	46.9	76
Investment Freedom Index	65	60
Financial Freedom Index	30	50
Trade Freedom Index	63.2	67.8
Monetary Freedom Index	79.5	77.4
Government Spending Index	78.6	66.5
Tax Burden Index	67.5	82.6
Government Integrity Index	31.2	37.4
Corruption Perceptions Index	30	41
Life expectancy at birth, years	60.5	73.2
Suicide mortality rate, per 100,000 people	9.6	13.6
Mortality caused by road traffic injury, per 100,000 people	29.2	12.1
Intentional homicides, per 100,000 people	9	30.9
International tourism, number of arrivals	573k	375k

Government debt & reserves

Stat	Togo	Trinidad and Tobago
Central government debt, % of GDP	74.6%	45.3%
External debt stocks, % of GNI	33.3%	N/A
External debt stocks	$1.8B	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-7.5%	N/A
Gross savings, % of GDP	21.4%	N/A
Gross capital formation, % of GDP	25.3%	N/A
Total reserves including gold	N/A	$8.1B
Foreign direct investment net inflows	$102M	-$602.5M

Exports, imports and economic structure

Stat	Togo	Trinidad and Tobago
Exports of goods and services, % of GDP	31.3%	N/A
Imports of goods and services, % of GDP	42.3%	N/A
Current account balance (balance of payments)	-$96.4M	$1.2B
Revenue excluding grants, % of GDP	20.3%	38.4%
Grants excluding technical cooperation, BoP	$167.4M	$2.4M
Personal remittances received	$495.2M	$138.7M
Industry including construction value added, % of GDP	15.5%	42%
Agriculture, forestry and fishing value added, % of GDP	23.4%	1%
Charges for the use of intellectual property, payments BoP	$2.3M	$63.9M
Charges for the use of intellectual property, receipts BoP	$12k	$882k
Expense, % of GDP	17.9%	35.9%
Government Expenditure, % of GDP	26.7%	33.4%