Togo Inflation Falls to 0.4% in 2025, Lowest in Three Years

Economic governance

Monday, 12 January 2026 17:13

Togo Inflation Falls to 0.4% in 2025, Lowest in Three Years

(Togo First) - Togo’s annual inflation rate fell to 0.4% in 2025 from 2.9% in 2024, a decline of 2.5 percentage points, according to data released by the National Institute of Statistics and Economic and Demographic Studies (INSEED) in its December 2025 inflation report.

The Harmonized Index of Consumer Prices (HICP) stood at 102.2 in December 2025, virtually unchanged from its level a year earlier. This overall stability reflected diverging price trends across sectors. Housing, water, electricity, gas, and other fuels rose 9.4% year on year, while prices for food and non-alcoholic beverages, which account for a large share of household spending, fell 2.0%.

On a monthly basis, consumer prices edged up 0.3% between November and December 2025. The increase was driven mainly by higher prices in restaurants and accommodation services, which rose 1.3%, and by food products, up 0.4%. The rise was particularly noticeable for prepared meals and staple goods such as maize, which increased 5.2%, and traditional palm oil, up 5.5%.

Prices also varied significantly across regions. In the capital, Lomé, imported rice sold for an average of 654 CFA francs per kilogram in December, compared with 457 CFA francs in the Savanes region. By contrast, palm oil prices ranged from 1,855 CFA francs per liter in Lomé to 2,197 CFA francs in Kara.

Compared with September 2025, the overall price level in December rose 0.2%. This quarterly increase was largely driven by a 4.2% rise in the housing, water, electricity, gas, and other fuels category.

Ayi Renaud Dossavi

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.