IMF Staff Country Reports

Togo: Selected Issues

Publication Date:

November 13, 2015

Electronic Access:

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Summary:

This Selected Issues paper discusses the assessment of economic activity in Togo in absence of quarterly GDP series. Togo collects about 40 macroeconomic indicators monthly that span a wide range of sectors of the economy. The selection of the variables for the economic activity index is conducted by finding the combination of variables. The indicators are aggregated into an index using a methodology used by the Conference Board. Then an economic activity index is constructed that effectively replicates the historical growth rates of real GDP in Togo. The selected index minimizes the deviations between the growth rates of the indicator and actual real GDP growth over 2002–13.

Series:

Country Report No. 2015/310

Subject:

Economic growth Expenditure Food prices Inflation Prices Public investment and public-private partnerships (PPP) Public investment spending Structural transformation

Notes:

Also Available in French