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Economy of Togo vs United Arab Emirates compared: GDP & Debt

Updated on by Georank team

Togo has a GDP of $10.7B compared to $552B for the United Arab Emirates, ranking 154/197 and 27/197 by economy size, respectively.

Togo has $7.68B in government debt (72.1% of GDP), compared to $193B (34.9% of GDP) in the United Arab Emirates.

Togo vs United Arab Emirates GDP by year

Togo
United Arab Emirates
1x
Year GDP, current $
Togo UAE
2024 $10,651,180,147 $552,324,846,835
2023 $9,816,236,303 $522,622,191,967
2022 $8,646,453,099 $511,403,403,676
2021 $8,541,668,141 $422,441,388,700
2020 $7,486,031,562 $357,161,878,829
2019 $6,992,654,019 $433,926,208,305
2018 $7,029,215,766 $440,560,108,918
2017 $6,387,424,240 $403,365,010,211
2016 $6,071,167,584 $381,717,086,453
2015 $5,755,457,836 $381,973,042,886
2014 $6,393,314,708 $424,935,874,745
2013 $6,021,729,630 $409,632,675,289
2012 $5,413,541,649 $392,793,464,942
2011 $5,422,439,152 $368,881,143,635
2010 $4,746,386,893 $307,736,419,333
2009 $4,721,888,275 $253,547,358,747
2008 $4,578,847,113 $315,474,615,739
2007 $3,759,962,853 $257,916,133,424
2006 $3,320,907,722 $222,116,541,865
2005 $3,221,910,408 $180,617,467,965
2004 $3,191,561,509 $147,824,370,320
2003 $2,987,984,051 $124,346,358,067
2002 $2,410,199,032 $109,816,201,498
2001 $2,093,498,674 $103,311,640,572
2000 $2,106,848,752 $104,337,372,362
1999 $2,226,577,204 $84,445,473,111
1998 $2,241,650,112 $75,674,336,283
1997 $2,116,818,623 $78,839,008,445
1996 $2,069,506,014 $73,571,233,996
1995 $1,849,110,468 $65,743,666,576
1994 $1,387,662,121 $59,305,093,980
1993 $1,741,944,426 $55,625,170,253
1992 $2,390,796,916 $54,239,171,888
1991 $2,262,767,860 $51,552,165,622
1990 $2,299,665,506 $50,701,443,748
1989 $1,910,635,575 $41,464,995,914
1988 $1,947,208,354 $36,275,674,203
1987 $1,763,978,066 $36,384,908,744
1986 $1,498,219,579 $33,943,612,095
1985 $1,076,604,520 $40,603,650,232
1984 $1,014,170,069 $41,807,954,236
1983 $1,081,387,265 $42,803,323,345
1982 $1,160,337,039 $46,622,718,605
1981 $1,359,026,709 $49,333,424,135
1980 $1,604,836,916 $43,599,160,050
1979 $1,259,365,712 $31,225,659,621
1978 $1,164,025,637 $23,775,764,225
1977 $1,097,893,826 $24,871,775,165
1976 $874,681,612 $19,213,158,779
1975 $871,781,687 $14,720,728,249
1974 $791,450,308 $11,651,505,689
1973 $574,030,984 $4,231,243,616
1972 $474,043,922 $1,415,086,929
1971 $404,648,368 $939,893,600
1970 $358,665,754 $685,986,701
1969 $378,091,810 -
1968 $341,691,567 -
1967 $327,215,844 -
1966 $305,227,595 -
1965 $264,505,506 -
1964 $234,572,186 -
1963 $202,305,865 -
1962 $186,745,758 -
1961 $178,497,098 -
1960 $171,057,069 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/togo/united-arab-emirates | CC BY

GDP per capita in Togo vs United Arab Emirates by year

Togo
GDP per capita

GDP per capita, PPP
United Arab Emirates
GDP per capita

GDP per capita, PPP
1x
Year Current $
Togo UAE
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,119 $3,365 $50,274 $79,229
2023 $1,055 $3,154 $49,851 $77,955
2022 $951 $2,935 $50,760 $75,072
2021 $962 $2,639 $44,119 $68,580
2020 $863 $2,384 $37,992 $66,791
2019 $826 $2,215 $45,939 $79,816
2018 $851 $2,067 $47,135 $77,446
2017 $793 $1,986 $43,734 $70,282
2016 $773 $1,933 $42,721 $69,987
2015 $751 $1,880 $44,910 $73,986
2014 $856 $1,803 $52,725 $87,478
2013 $827 $1,715 $53,247 $87,526
2012 $762 $1,645 $53,142 $89,198
2011 $784 $1,616 $51,922 $89,665
2010 $705 $1,537 $44,795 $85,120
2009 $721 $1,474 $37,803 $84,780
2008 $719 $1,429 $50,054 $94,628
2007 $608 $1,387 $45,855 $100,813
2006 $553 $1,407 $44,343 $106,814
2005 $551 $1,368 $38,719 $101,301
2004 $560 $1,427 $33,377 $98,661
2003 $538 $1,440 $29,660 $92,636
2002 $445 $1,357 $27,754 $88,467
2001 $397 $1,320 $27,745 $90,370
2000 $410 $1,315 $29,866 $92,899
1999 $445 $1,332 $25,856 $87,658
1998 $461 $1,318 $24,889 $90,229
1997 $448 $1,373 $27,983 $96,009
1996 $452 $1,218 $28,323 $94,620
1995 $419 $1,140 $27,003 $93,702
1994 $329 $1,082 $25,473 $89,959
1993 $414 $925 $25,033 $86,330
1992 $565 $1,057 $25,648 $87,509
1991 $550 $1,107 $25,691 $87,250
1990 $575 $1,110 $26,710 $88,455
1989 $492 - $23,167 -
1988 $517 - $21,570 -
1987 $482 - $23,113 -
1986 $422 - $23,132 -
1985 $313 - $29,468 -
1984 $304 - $32,012 -
1983 $336 - $34,650 -
1982 $372 - $39,972 -
1981 $451 - $44,854 -
1980 $549 - $42,925 -
1979 $443 - $34,238 -
1978 $421 - $29,379 -
1977 $406 - $35,020 -
1976 $332 - $31,197 -
1975 $339 - $27,117 -
1974 $315 - $23,823 -
1973 $234.4 - $9,696 -
1972 $198.8 - $3,675 -
1971 $174.6 - $2,805 -
1970 $159.8 - $2,394 -
1969 $174.7 - - -
1968 $164.3 - - -
1967 $163.9 - - -
1966 $159.1 - - -
1965 $142.7 - - -
1964 $130.1 - - -
1963 $114.6 - - -
1962 $107.8 - - -
1961 $104.8 - - -
1960 $102.2 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/togo/united-arab-emirates | CC BY

Togo's GDP per capita is $1,119, ranking 172/197, compared to $50,274 in the United Arab Emirates, ranking 24/197. Adjusted for purchasing power (GDP per capita PPP), Togo ranks 173rd at $3,365, while the United Arab Emirates ranks 16th at $79,229.

Economic indicators

Togo UAE
Gross domestic product
$10.7B
2024
$552B
2024
GDP rank
154/197
2024
27/197
2024
GDP growth
6.53%
2023-2024
3.99%
2023-2024
GDP per capita
$1,119
2024
$50,274
2024
GDP per capita rank
172/197
2024
24/197
2024
GDP per capita, PPP
$3,365
2024
$79,229
2024
GDP per capita PPP rank
173/197
2024
16/197
2024
Government debt
$7.68B
2024
$193B
2024
Debt-to-GDP ratio
72.1%
2024
34.9%
2024
Government debt per person
$807
2024
$17,568
2024
Government debt per person rank
149/185
2024
36/185
2024
Average annual personal income after taxes
$1,661
2026
$40,522
2026
Market capitalization of domestic companies n/a
$1.05T
2024
Number of millionaires n/a
339,000
2025
Number of billionaires n/a
6
2025
Income share by richest 10%
29.6%
2021
20.5%
2018
Income share by poorest 10%
2.8%
2021
2.8%
2018
Government expenditure, % of GDP
26.4%
2024
21.4%
2024
Consumer prices inflation
2.86%
2023-2024
1.7%
2023-2024
Central bank interest rate n/a
3.65%
2025
Unemployment rate
1.97%
2022
1.88%
2024
Population
9990340
11686438

Spending and national debt comparison by year

Togo
Spending

Debt
United Arab Emirates
Spending

Debt
1x
Year % of GDP
Togo UAE
Government spending Government debt Government spending Government debt
2024 26.4% 72.1% 21.4% 34.9%
2023 26.6% 68.6% 22.7% 31.9%
2022 26% 67% 22.7% 31.5%
2021 21.8% 64.9% 25.9% 35.7%
2020 23.7% 62.2% 30.5% 30.1%
2019 16.6% 54.9% 27.4% 25.8%
2018 18.8% 58% 25.9% 20.7%
2017 16.3% 57.1% 27.2% 21.2%
2016 22.9% 59.9% 31.7% 18.6%
2015 22.9% 52.4% 26.4% 15.6%
2014 21.9% 44.9% 31.4% 13.5%
2013 20.5% 41.1% 28.9% 15.3%
2012 19.1% 34.3% 27.8% 20.2%
2011 18.2% 37% 29.6% 20.4%
2010 15.1% 33.5% 30.4% 18.3%
2009 14.3% 57.6% 35% 21.1%
2008 12.4% 67.3% 22% 8.95%
2007 13.7% 70.5% 17.7% 8.89%
2006 14.7% 67.7% 15.6% 5.05%
2005 13.3% 63.1% 15.7% 4.48%
2004 10.6% 48.7% 17.7% 4.08%
2003 8.88% 50% 20% 3.33%
2002 8.42% 54.8% 21.3% 3.43%
2001 10.9% 68.5% 25.2% 2.69%
2000 11.9% 66.5% 21.8% 3.12%
1999 11.9% 59.9% 24.3% 4.73%
1998 12.8% 62.8% 25.8% 4.18%
1997 10.6% 54.4% 22.6% 2.86%
1996 12.4% 60.4% 27.6% 3.48%
1995 12.7% 64.8% 26.1% 5.06%
1994 13.2% 79% 30.1% 5.58%
1993 14.8% 58.3% 31.5% 6.01%
1992 12.6% 45% 29.6% 5.31%
1991 14.6% 46.9% 36% 4.97%
1990 16.8% 44.7% - -
1989 16.9% 46.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20).

GeoRank.org/economy/togo/united-arab-emirates | CC BY

In 2024, Togo's government spending was $2.81B, accounting for 26.4% of its GDP, while the United Arab Emirates spent $118B, or 21.4% of GDP.

Debt-to-GDP ratio is 72.1% in Togo and 34.9% in the United Arab Emirates, ranking 54/185 and 146/185, respectively.

Government deficit by year

Deficit/surplus
Togo

United Arab Emirates
1x
Year Deficit/surplus, % of GDP
Togo UAE
2024 -7.43% 6.41%
2023 -6.73% 5.82%
2022 -8.33% 9.8%
2021 -4.65% 3.96%
2020 -7.05% -2.42%
2019 1.67% 2.5%
2018 -0.59% 3.65%
2017 -0.21% -0.16%
2016 -7.02% -2.95%
2015 -7.04% -6.35%
2014 -7.11% 1.74%
2013 -5.08% 7.99%
2012 -4.63% 8.59%
2011 -4.48% 5.05%
2010 -1.66% 0.52%
2009 -2.63% -6.13%
2008 -0.59% 17.6%
2007 -1.83% 17.1%
2006 -1.94% 20.2%
2005 -1.67% 16%
2004 0.61% 6.4%
2003 1.43% 2.35%
2002 -0.28% -1.24%
2001 -0.72% 1.21%
2000 -3.45% 10.7%
1999 -1.76% 1.31%
1998 -3.25% 1%
1997 -0.98% 6.71%
1996 -3.26% 0.92%
1995 -2.97% 3.58%
1994 -5.37% -1.78%
1993 -8.46% -2.89%
1992 -2.27% 3.34%
1991 -3.52% 3.89%
1990 -1.65% -
1989 -2.18% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

GeoRank.org/economy/togo/united-arab-emirates | CC BY

In 2024, Togo's government deficit, the difference between spending and revenue, was $791M, equivalent to 7.43% of GDP. This compares to the United Arab Emirates' surplus of $35.4B, or 6.41% of GDP.

Over the past 34 years, Togo recorded a fiscal deficit in 31 of those years, while the United Arab Emirates ran a deficit in 8 years. On average, Togo posted an annual deficit equal to 3.33% of GDP, compared to surplus of 4.25% of GDP for the United Arab Emirates.

Inflation comparison by year

Inflation
Togo

United Arab Emirates
1x
Year Consumer prices inflation
Togo UAE
2024 2.86% 1.7%
2023 5.49% 1.6%
2022 7.97% 4.8%
2021 4.19% -0.1%
2020 1.7% -2.1%
2019 0.67% -1.9%
2018 0.93% 3.1%
2017 -0.98% 2%
2016 1.29% 1.6%
2015 2.59% 4.1%
2014 0.19% 2.3%
2013 1.83% 1.1%
2012 2.58% 0.7%
2011 3.56% 0.9%
2010 1.45% 0.9%
2009 3.71% -4.7%
2008 8.69% 12.3%
2007 0.95% 11.1%
2006 2.23% 9.3%
2005 6.78% 6.2%
2004 0.39% 5%
2003 -0.93% 3.1%
2002 3.06% 2.9%
2001 3.92% 2.8%
2000 1.86% 1.3%
1999 -0.05% 2.1%
1998 0.98% 2%
1997 8.25% 3%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/togo/united-arab-emirates | CC BY

Over the past 28 years, Togo has recorded an average annual inflation rate of 2.72%, compared with 2.75% in the United Arab Emirates. In 2024, inflation was 2.86% in Togo and 1.7% in the United Arab Emirates.

Top exports between countries

Togo
Export category Export value
Animal & marine products $1.25M
Processed food, beverages & tobacco $845K
Raw materials & minerals $736K
Machinery & equipment $675K
Metals $276K
Chemicals & pharma $220K
Precious metals & jewellery $204K
Raw agricultural goods $89K
Textiles & consumer goods $63K
Wood & paper products $12K
UAE
Export category Export value
Machinery & equipment $124M
Raw materials & minerals $38.3M
Chemicals & pharma $10.4M
Textiles & consumer goods $6.67M
Processed food, beverages & tobacco $3.74M
Metals $2.58M
Raw agricultural goods $1.87M
Precious metals & jewellery $790K
Animal & marine products $546K
Wood & paper products $253K

Balance of trade

Togo UAE
Current account balance
-$20.7M
2020
$80B
2024
Current account balance ranking
79/190
2020
9/190
2024
Current account balance, % of GDP
-0.28%
2020
+14.5%
2024
Goods imports
$1.95B
2020
$400B
2024
Goods exports
$1.21B
2020
$467B
2024
Service imports
$438M
2020
$117B
2024
Service exports
$514M
2020
$181B
2024
Imports of goods and services, % of GDP
38.1%
2024
92.2%
2023
Exports of goods and services, % of GDP
24.4%
2024
106.8%
2023

Economic freedom indices

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

Togo UAE
Economic freedom 51.6 71.9
Economic freedom ranking 153/197 29/197
Property rights 43.6 62.9
Government integrity 33.3 65.3
Judicial effectiveness 34 34.4
Tax burden 68.9 99.9
Government spending 79.2 85.1
Fiscal health 9.6 97.6
Business freedom 60.1 84.5
Labor freedom 51.9 63.2
Monetary freedom 72.5 81.2
Trade freedom 65.8 78.6
Investment freedom 60 50
Financial freedom 40 60

Economic freedom comparison by year

Togo
United Arab Emirates
1x
Year Economic freedom index
Togo UAE
2026 51.6 71.9
2025 52.3 71.6
2024 50.9 71.1
2023 55.3 70.9
2022 57.2 70.2
2021 57.5 76.9
2020 54.1 76.2
2019 50.3 77.6
2018 47.8 77.6
2017 53.2 76.9
2016 53.6 72.6
2015 53 72.4
2014 49.9 71.4
2013 48.8 71.1
2012 48.3 69.3
2011 49.1 67.8
2010 47.1 67.3
2009 48.7 64.7
2008 48.9 62.6
2007 49.7 62.6
2006 47.3 62.2
2005 48.2 65.2
2004 47 67.2
2003 46.8 73.4
2002 45.2 73.6
2001 45.3 74.9
2000 46.4 74.2
1999 48.2 71.5
1998 - 72.2
1997 - 71.9
1996 - 71.6

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/togo/united-arab-emirates | CC BY

The Economic Freedom Index for Togo is 51.6, ranking 153/197, compared to 71.9 for the United Arab Emirates, ranking 29/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Togo UAE
Services, % of GDP
49.2%
2024
54.9%
2024
Industry, % of GDP
20.4%
2024
44.3%
2024
Agriculture, forestry, and fishing, % of GDP
21.3%
2024
0.77%
2024
GNI, Atlas method
$10.3B
2024
$566B
2024
GNI per capita, PPP
$3,380
2024
$81,530
2024
Total reserves including gold n/a
$238B
2024
Total reserves ranking n/a
14/177
2024
Net foreign direct investment
-$53.1M
2020
$31.5B
2024
Net inflows of foreign direct investment
$83.8M
2024
$45.6B
2024
Net outflows of foreign direct investment
-$73.4M
2024
$77.2B
2024
Servicing debt to the IMF, % of GNI
3.21%
2024
n/a
Poverty at national poverty lines
43.8%
2021
19.5%
2020
Gross capital formation, % of GDP
20.8%
2024
26.6%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/togo/united-arab-emirates | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.