Togo Frontier

Economy & industry overview

Togo is a small West African economy classified as a least-developed, low-income country, with a nominal GDP of approximately $9.8 billion in 2024. The economy is diversified across agriculture (roughly 28%), services (roughly 50%), and industry (roughly 22%), with key exports including phosphates, cotton, coffee, and cocoa. Lomé serves as a major regional transit hub, with the Port of Lomé being one of the few deep-water ports on the West African coast. Togo has maintained steady GDP growth above 5% in recent years, supported by infrastructure investment, regional trade, and its role as a logistics gateway for landlocked neighbors. The country uses the euro-pegged CFA franc through the WAEMU monetary union, providing relative currency stability.

Key sectors

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Macro

GDP nominal, USD	$9.77B
GDP growth real, annual	5.3%
Inflation annual	2.0%
Population people	9.6M
GDP per capita USD	$1,051
Market cap total listed, USD	—
Market cap / GDP	—
Unemployment	1.9%
Listed companies	3
Exchange	Bourse Régionale des Valeurs Mobilières (BRVM), Regional exchange serving Togo and 7 other WAEMU member states (BRVM)

Data year: 2024. Sources: IMF World Economic Outlook Database 2024, World Bank World Development Indicators 2024, Wikipedia – Economy of Togo, BRVM Official Website (brvm.org), Worldometers GDP data, TheGlobalEconomy.com – Togo Unemployment, Daba Finance – BRVM market analysis, African-markets.com – BRVM listed companies, AFX Kwayisi – BRVM live market data.

Local exchange & access

Exchange	Bourse Régionale des Valeurs Mobilières (BRVM), Regional exchange serving Togo and 7 other WAEMU member states
Code	BRVM
Website	www.brvm.org
Currency	XOF

Local broker access

Togo-domiciled companies are listed on the BRVM (Bourse Régionale des Valeurs Mobilières), the regional exchange for the eight WAEMU nations, headquartered in Abidjan, Côte d'Ivoire. Only a small number of Togolese companies are publicly listed. International investors can access BRVM-listed equities through BRVM-member brokerage firms (Sociétés de Gestion et d'Intermédiation, or SGIs) operating in Togo, or through fintech platforms such as Daba Finance that aggregate regional access. There are no US-listed ETFs providing single-country Togo exposure, and no Togolese ADRs trade on US exchanges. Regional broad-frontier or Africa-wide ETFs may include minor indirect exposure via the BRVM.

Global brokers with foreign-market access

• Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
• Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
• Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
• Fidelity International Trading — International stock trading on a number of developed and emerging markets.

Listed for convenience only. Not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.

Relocation & residency

Foreign-investor access

Foreigners wishing to reside in Togo must apply for a long-stay visa and subsequently a residence permit through the Direction Générale de la Documentation Nationale. No streamlined investor residency programme is currently in force. The official language is French. Lomé is the main commercial and administrative centre. Healthcare, infrastructure, and expatriate services are limited compared to larger African capitals.