Skip to content

Economy of Togo vs Vietnam compared: GDP & Debt

Updated on by Georank team

Togo has a GDP of $10.7B compared to $476B for Vietnam, ranking 154/197 and 33/197 by economy size, respectively.

Togo has $7.68B in government debt (72.1% of GDP), compared to $149B (31.3% of GDP) in Vietnam.

Togo vs Vietnam GDP by year

Togo
Vietnam
1x
Year GDP, current $
Togo Vietnam
2024 $10,651,180,147 $476,388,230,307
2023 $9,816,236,303 $433,857,681,378
2022 $8,646,453,099 $413,445,230,669
2021 $8,541,668,141 $366,474,752,771
2020 $7,486,031,562 $346,615,738,538
2019 $6,992,654,019 $334,365,270,497
2018 $7,029,215,766 $310,106,478,395
2017 $6,387,424,240 $281,353,605,987
2016 $6,071,167,584 $257,096,001,178
2015 $5,755,457,836 $239,258,328,382
2014 $6,393,314,708 $233,451,469,643
2013 $6,021,729,630 $213,708,811,665
2012 $5,413,541,649 $195,590,661,129
2011 $5,422,439,152 $172,595,049,184
2010 $4,746,386,893 $147,201,173,197
2009 $4,721,888,275 $106,014,659,565
2008 $4,578,847,113 $99,130,304,099
2007 $3,759,962,853 $77,414,425,532
2006 $3,320,907,722 $66,371,664,817
2005 $3,221,910,408 $57,633,255,738
2004 $3,191,561,509 $45,427,854,693
2003 $2,987,984,051 $39,552,513,232
2002 $2,410,199,032 $35,064,105,501
2001 $2,093,498,674 $32,685,198,809
2000 $2,106,848,752 $31,172,518,403
1999 $2,226,577,204 $28,683,659,007
1998 $2,241,650,112 $27,209,602,050
1997 $2,116,818,623 $26,843,700,442
1996 $2,069,506,014 $24,657,470,575
1995 $1,849,110,468 $20,736,164,459
1994 $1,387,662,121 $16,286,433,533
1993 $1,741,944,426 $13,180,953,598
1992 $2,390,796,916 $9,866,990,236
1991 $2,262,767,860 $9,613,369,520
1990 $2,299,665,506 $6,471,740,806
1989 $1,910,635,575 $6,293,304,975
1988 $1,947,208,354 $25,423,812,649
1987 $1,763,978,066 $36,658,108,850
1986 $1,498,219,579 $26,336,616,250
1985 $1,076,604,520 $14,094,687,821
1984 $1,014,170,069 -
1983 $1,081,387,265 -
1982 $1,160,337,039 -
1981 $1,359,026,709 -
1980 $1,604,836,916 -
1979 $1,259,365,712 -
1978 $1,164,025,637 -
1977 $1,097,893,826 -
1976 $874,681,612 -
1975 $871,781,687 -
1974 $791,450,308 -
1973 $574,030,984 -
1972 $474,043,922 -
1971 $404,648,368 -
1970 $358,665,754 -
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/vietnam | CC BY

GDP per capita in Togo vs Vietnam by year

Togo
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Togo Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,119 $3,365 $4,717 $16,386
2023 $1,055 $3,154 $4,323 $15,034
2022 $951 $2,935 $4,148 $13,905
2021 $962 $2,639 $3,704 $12,049
2020 $863 $2,384 $3,534 $11,609
2019 $826 $2,215 $3,441 $11,029
2018 $851 $2,067 $3,222 $10,010
2017 $793 $1,986 $2,956 $9,170
2016 $773 $1,933 $2,735 $8,375
2015 $751 $1,880 $2,578 $7,672
2014 $856 $1,803 $2,546 $7,297
2013 $827 $1,715 $2,360 $6,758
2012 $762 $1,645 $2,185 $6,377
2011 $784 $1,616 $1,951 $5,786
2010 $705 $1,537 $1,683 $5,389
2009 $721 $1,474 $1,226 $5,061
2008 $719 $1,429 $1,164 $4,844
2007 $608 $1,387 $926 $4,581
2006 $553 $1,407 $808 $4,237
2005 $551 $1,368 $711 $3,894
2004 $560 $1,427 $565 $3,543
2003 $538 $1,440 $497 $3,240
2002 $445 $1,357 $445 $3,002
2001 $397 $1,320 $419 $2,809
2000 $410 $1,315 $404 $2,614
1999 $445 $1,332 $376 $2,421
1998 $461 $1,318 $361 $2,308
1997 $448 $1,373 $362 $2,189
1996 $452 $1,218 $337 $2,019
1995 $419 $1,140 $287.8 $1,841
1994 $329 $1,082 $229.9 $1,674
1993 $414 $925 $189.4 $1,534
1992 $565 $1,057 $144.5 $1,413
1991 $550 $1,107 $143.7 $1,298
1990 $575 $1,110 $98.8 $1,210
1989 $492 - $98.1 -
1988 $517 - $405 -
1987 $482 - $595 -
1986 $422 - $436 -
1985 $313 - $238.6 -
1984 $304 - - -
1983 $336 - - -
1982 $372 - - -
1981 $451 - - -
1980 $549 - - -
1979 $443 - - -
1978 $421 - - -
1977 $406 - - -
1976 $332 - - -
1975 $339 - - -
1974 $315 - - -
1973 $234.4 - - -
1972 $198.8 - - -
1971 $174.6 - - -
1970 $159.8 - - -
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/vietnam | CC BY

Togo's GDP per capita is $1,119, ranking 172/197, compared to $4,717 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Togo ranks 173rd at $3,365, while Vietnam ranks 108th at $16,386.

Economic indicators

Togo Vietnam
Gross domestic product
$10.7B
2024
$476B
2024
GDP rank
154/197
2024
33/197
2024
GDP growth
6.53%
2023-2024
7.09%
2023-2024
GDP per capita
$1,119
2024
$4,717
2024
GDP per capita rank
172/197
2024
122/197
2024
GDP per capita, PPP
$3,365
2024
$16,386
2024
GDP per capita PPP rank
173/197
2024
108/197
2024
Government debt
$7.68B
2024
$149B
2024
Debt-to-GDP ratio
72.1%
2024
31.3%
2024
Government debt per person
$807
2024
$1,475
2024
Government debt per person rank
149/185
2024
132/185
2024
Average annual personal income after taxes
$1,661
2026
$4,020
2026
Market capitalization of domestic companies n/a
$205B
2024
Number of billionaires n/a
5
2025
Income share by richest 10%
29.6%
2021
28.1%
2022
Income share by poorest 10%
2.8%
2021
2.6%
2022
Government expenditure, % of GDP
26.4%
2024
19.1%
2024
Consumer prices inflation
2.86%
2023-2024
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2023
Unemployment rate
1.97%
2022
1.53%
2024
Population
9990340
102365351

Spending and national debt comparison by year

Togo
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Togo Vietnam
Government spending Government debt Government spending Government debt
2024 26.4% 72.1% 19.1% 31.3%
2023 26.6% 68.6% 18.8% 34.3%
2022 26% 67% 18.2% 34.9%
2021 21.8% 64.9% 20.1% 39.2%
2020 23.7% 62.2% 21.3% 41.3%
2019 16.6% 54.9% 19.8% 41%
2018 18.8% 58% 20.5% 43.8%
2017 16.3% 57.1% 21.5% 46.6%
2016 22.9% 59.9% 22.2% 47.9%
2015 22.9% 52.4% 24.2% 46.1%
2014 21.9% 44.9% 22.8% 43.6%
2013 20.5% 41.1% 24.5% 41.4%
2012 19.1% 34.3% 23.5% 38.3%
2011 18.2% 37% 21.2% 36.2%
2010 15.1% 33.5% 23.7% 37.3%
2009 14.3% 57.6% 25% 36.2%
2008 12.4% 67.3% 21.4% 31%
2007 13.7% 70.5% 22.3% 32.2%
2006 14.7% 67.7% 20.5% 30.2%
2005 13.3% 63.1% 20.6% 28.7%
2004 10.6% 48.7% 19.4% 29.4%
2003 8.88% 50% 22.2% 29.8%
2002 8.42% 54.8% 19.7% 27.7%
2001 10.9% 68.5% 19.2% 25.4%
2000 11.9% 66.5% 17.8% 24.8%
1999 11.9% 59.9% 16.7% -
1998 12.8% 62.8% 16% -
1997 10.6% 54.4% - -
1996 12.4% 60.4% - -
1995 12.7% 64.8% - -
1994 13.2% 79% - -
1993 14.8% 58.3% - -
1992 12.6% 45% - -
1991 14.6% 46.9% - -
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/vietnam | CC BY

In 2024, Togo's government spending was $2.81B, accounting for 26.4% of its GDP, while Vietnam spent $91.1B, or 19.1% of GDP.

Debt-to-GDP ratio is 72.1% in Togo and 31.3% in Vietnam, ranking 54/185 and 156/185, respectively.

Government deficit by year

Deficit/surplus
Togo

Vietnam
1x
Year Deficit/surplus, % of GDP
Togo Vietnam
2024 -7.43% -1.54%
2023 -6.73% -1.72%
2022 -8.33% 0.67%
2021 -4.65% -1.43%
2020 -7.05% -2.86%
2019 1.67% -0.4%
2018 -0.59% -1.02%
2017 -0.21% -1.96%
2016 -7.02% -3.16%
2015 -7.04% -4.98%
2014 -7.11% -5.02%
2013 -5.08% -5.96%
2012 -4.63% -5.46%
2011 -4.48% -0.9%
2010 -1.66% -2.25%
2009 -2.63% -4.82%
2008 -0.59% -0.45%
2007 -1.83% -1.74%
2006 -1.94% 0.2%
2005 -1.67% -0.95%
2004 0.61% -0.15%
2003 1.43% -2.56%
2002 -0.28% -1.85%
2001 -0.72% -2.19%
2000 -3.45% -1.61%
1999 -1.76% -1.25%
1998 -3.25% -0.1%
1997 -0.98% -
1996 -3.26% -
1995 -2.97% -
1994 -5.37% -
1993 -8.46% -
1992 -2.27% -
1991 -3.52% -
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/vietnam | 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 Vietnam's deficit of $7.32B, or 1.54% of GDP.

Over the past 27 years, Togo recorded a fiscal deficit in 24 of those years, while Vietnam ran a deficit in 25 years. On average, Togo posted an annual deficit equal to 3.2% of GDP, compared to deficit of 2.05% of GDP for Vietnam.

Inflation comparison by year

Inflation
Togo

Vietnam
1x
Year Consumer prices inflation
Togo Vietnam
2024 2.86% 3.6%
2023 5.49% 3.3%
2022 7.97% 3.2%
2021 4.19% 1.8%
2020 1.7% 3.2%
2019 0.67% 2.8%
2018 0.93% 3.5%
2017 -0.98% 3.5%
2016 1.29% 2.7%
2015 2.59% 0.6%
2014 0.19% 4.1%
2013 1.83% 6.6%
2012 2.58% 9.1%
2011 3.56% 18.7%
2010 1.45% 9.1%
2009 3.71% 6.7%
2008 8.69% 23.3%
2007 0.95% 8.4%
2006 2.23% 7.7%
2005 6.78% 8.3%
2004 0.39% 7.8%
2003 -0.93% 3.1%
2002 3.06% 3.8%
2001 3.92% -0.4%
2000 1.86% -1.8%
1999 -0.05% 4.1%
1998 0.98% 8.1%
1997 8.25% 3.1%

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/vietnam | CC BY

Over the past 28 years, Togo has recorded an average annual inflation rate of 2.72%, compared with 5.64% in Vietnam. In 2024, inflation was 2.86% in Togo and 3.6% in Vietnam.

Top exports between countries

Togo
Export category Export value
Textiles & consumer goods $4.31M
Raw agricultural goods $49K
Animal & marine products $17K
Chemicals & pharma $4K
Vietnam
Export category Export value
Machinery & equipment $192M
Textiles & consumer goods $21.5M
Raw agricultural goods $16.6M
Metals $6.2M
Chemicals & pharma $4.75M
Raw materials & minerals $2.85M
Processed food, beverages & tobacco $1.42M
Miscellaneous $126K
Animal & marine products $62K
Wood & paper products $37K

Balance of trade

Togo Vietnam
Current account balance
-$20.7M
2020
$28B
2024
Current account balance ranking
79/190
2020
18/190
2024
Current account balance, % of GDP
-0.28%
2020
+5.89%
2024
Goods imports
$1.95B
2020
$362B
2024
Goods exports
$1.21B
2020
$406B
2024
Service imports
$438M
2020
$36.2B
2024
Service exports
$514M
2020
$23.9B
2024
Imports of goods and services, % of GDP
38.1%
2024
83.7%
2024
Exports of goods and services, % of GDP
24.4%
2024
90.2%
2024

Economic freedom indices

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

Togo Vietnam
Economic freedom 51.6 64.4
Economic freedom ranking 153/197 73/197
Property rights 43.6 47.3
Government integrity 33.3 39.2
Judicial effectiveness 34 31.3
Tax burden 68.9 80.9
Government spending 79.2 89.5
Fiscal health 9.6 96.9
Business freedom 60.1 70
Labor freedom 51.9 54.7
Monetary freedom 72.5 73.2
Trade freedom 65.8 79.8
Investment freedom 60 60
Financial freedom 40 50

Economic freedom comparison by year

Togo
Vietnam
1x
Year Economic freedom index
Togo Vietnam
2026 51.6 64.4
2025 52.3 65.2
2024 50.9 62.8
2023 55.3 61.8
2022 57.2 60.6
2021 57.5 61.7
2020 54.1 58.8
2019 50.3 55.3
2018 47.8 53.1
2017 53.2 52.4
2016 53.6 54
2015 53 51.7
2014 49.9 50.8
2013 48.8 51
2012 48.3 51.3
2011 49.1 51.6
2010 47.1 49.8
2009 48.7 51
2008 48.9 50.4
2007 49.7 49.8
2006 47.3 50.5
2005 48.2 48.1
2004 47 46.1
2003 46.8 46.2
2002 45.2 45.6
2001 45.3 44.3
2000 46.4 43.7
1999 48.2 42.7
1998 - 40.4
1997 - 38.6
1996 - 40.2
1995 - 41.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Togo is 51.6, ranking 153/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Togo Vietnam
Services, % of GDP
49.2%
2024
42.4%
2024
Industry, % of GDP
20.4%
2024
37.6%
2024
Agriculture, forestry, and fishing, % of GDP
21.3%
2024
11.9%
2024
GNI, Atlas method
$10.3B
2024
$454B
2024
GNI per capita, PPP
$3,380
2024
$15,850
2024
Total reserves including gold n/a
$83.1B
2024
Total reserves ranking n/a
30/177
2024
Net foreign direct investment
-$53.1M
2020
-$19.6B
2024
Net inflows of foreign direct investment
$83.8M
2024
$20.2B
2024
Net outflows of foreign direct investment
-$73.4M
2024
$600M
2024
Servicing debt to the IMF, % of GNI
3.21%
2024
7.29%
2024
Poverty at national poverty lines
43.8%
2021
4.2%
2022
Gross capital formation, % of GDP
20.8%
2024
30.6%
2024

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/vietnam | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (1995–2026, 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 (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.