Togo: Selected Issues

November 13, 2015

Preview Citation

Format: Chicago

Togo: Selected Issues, (USA: International Monetary Fund, 2015) accessed December 19, 2024

Also available in: français

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.

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

Keywords: Asia and Pacific, CR, Food inflation, Food prices, GDP, GDP series, Global, High-frequency Economic Activity Index, Inflation, Inflation dynamics, ISCR, Public investment and public-private partnerships (PPP), Public investment spending, Series correspond, Structural transformation, Sub-Saharan Africa, Togo, West Africa

Publication Details

Pages:

33
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/310
Stock No:

1TGOEA2015002
ISBN:

9781513562797
ISSN:

1934-7685

Notes

Also Available in French

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