Skip to main content

Bantu Gazette

Bantu Gazette
  • Policy & Governance
  • Development & Impact
  • Business, Trade & Economy
  • Energy
  • Changemakers
  • Culture & Identity
  • Perspectives
  • Magazine
Menu
  • Black Frame Studio
  • Magazine

Togo Rises to Lower-Middle-Income Status in New World Bank Income Classification

Classification marks an economic milestone for Togo, as the West African country's statistical updates, economic growth and favorable exchange rate movements lifted it into the World Bank's lower-middle-income category.

Togo Grants Visa-Free Entry to All Africans

Place de l'Independece, Lome, Togo

Marina Bisseby Marina Bisse
July 9, 2026
Reading Time: 2 mins read

Togo Rises to Lower-Middle-Income Status in New World Bank Income Classification

Classification marks an economic milestone for Togo, as the West African country's statistical updates, economic growth and favorable exchange rate movements lifted it into the World Bank's lower-middle-income category.

Togo Grants Visa-Free Entry to All Africans

Place de l'Independece, Lome, Togo

Togo Grants Visa-Free Entry to All Africans

Place de l'Independece, Lome, Togo

Marina Bisseby Marina Bisse
July 14, 2026
Reading Time: 2 mins read

Togo has moved from the low-income to the lower-middle-income category in the World Bank’s latest income classification, becoming the only country to move up from the lowest income group in this year’s annual update.

The World Bank Group, which published its updated classifications on July 1, said Togo crossed the threshold largely because revised population data from the country’s 2022 census reduced its estimated population by 11.7%, increasing its gross national income (GNI) per capita.

The bank also cited economic growth of 5.9% in 2025 and favorable exchange rate movements as contributing factors.

The annual classification groups economies into four income categories based on GNI per capita calculated using the World Bank’s Atlas method.

The classifications are widely used by governments, development institutions and investors as a benchmark for economic development, although they do not directly measure living standards or poverty.

For Togo, the new classification marks a statistical milestone but does not erase the country’s longstanding development challenges.

Located on the West African coast between Ghana, Benin and Burkina Faso, Togo is home to about 8.5 million people.

According to the World Bank, poverty remains far higher in rural areas than in urban areas, with 58.8% of rural residents living in poverty compared with 26.5% of urban residents.

Economic growth has been concentrated in modern sectors, while many communities continue to face limited access to quality health care, education and other essential services.

Women remain disproportionately affected by unequal access to economic opportunities and basic services.

Togo’s Human Capital Index score of 0.43 indicates that a child born today is expected to be only 43% as productive as they could be as an adult if they had access to complete education and full health.

Togo was one of six countries reclassified upward in this year’s review. None of the economies assessed moved down an income category.

Five countries advanced from lower-middle-income to upper-middle-income status: Jordan, the Federated States of Micronesia, the Philippines, Sri Lanka and Vietnam.

 

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

Related Posts

Ghana, Côte d’Ivoire Raise Alarm Over Cocoa Substitutes in Chocolate Products
Business, Trade & Economy

Ghana, Côte d’Ivoire Raise Alarm Over Cocoa Substitutes in Chocolate Products

August 16, 2026
Intra-African Trade Holds the Key to Fertilizer Access Across the Continent
Business, Trade & Economy

Rwanda’s Agricultural Export Revenue Surpasses $1 Billion in 2025-26

August 16, 2026
Namibia Deepens Regional Ties Through Trade and Energy
Business, Trade & Economy

Namibia President Presses Mining Industry to Deliver Jobs, Drive Investment

August 12, 2026
$332M Financing Package to Support South African SMEs, Women-Led Businesses
Business, Trade & Economy

$332M Financing Package to Support South African SMEs, Women-Led Businesses

August 9, 2026
Somalia Joins African Continental Free Trade Area, Gaining Access to $3.4 Trillion Market
Business, Trade & Economy

Somalia Joins African Continental Free Trade Area, Gaining Access to $3.4 Trillion Market

August 6, 2026
Nigerian Entrepreneur Raises $7 Million for Hair-Braiding Robot
Business, Trade & Economy

Nigerian Entrepreneur Raises $7 Million for Hair-Braiding Robot

July 29, 2026

Most Recent

Addis Ababa ‘Walks the Talk’ Ahead of Major African Health Meeting
Development & Impact

Addis Ababa ‘Walks the Talk’ Ahead of Major African Health Meeting

by Felix Tih
August 23, 2026
0

Ministers, athletes, children and residents walk through Addis Ababa to promote healthier lives as Africa's health leaders gather for a...

Read moreDetails
Benin School Championships Showcase Youth Talent in Sports, Culture

Benin School Championships Showcase Youth Talent in Sports, Culture

August 22, 2026
Africa Wants to Turn Diaspora Money into Investment

Africa Wants to Turn Diaspora Money into Investment

August 23, 2026
Angélique Kidjo Becomes First African Artist Honored with Hollywood Walk of Fame Star

Angélique Kidjo Becomes First African Artist Honored with Hollywood Walk of Fame Star

August 22, 2026
A New Generation Looks to Ethiopia as Young Diaspora Members Begin Heritage Visit

A New Generation Looks to Ethiopia as Young Diaspora Members Begin Heritage Visit

August 21, 2026
Cameroon Defeats Malawi 3-0 To Win Its First Women’s Africa Cup of Nations Title

Cameroon Defeats Malawi 3-0 To Win Its First Women’s Africa Cup of Nations Title

August 19, 2026
Machines Can Now See, Analyze, Decide and Act, Rwanda Defense Official Warns Africa on Autonomous Weapons

Machines Can Now See, Analyze, Decide and Act, Rwanda Defense Official Warns Africa on Autonomous Weapons

August 19, 2026
Addis Ababa ‘Walks the Talk’ Ahead of Major African Health Meeting
Development & Impact

Addis Ababa ‘Walks the Talk’ Ahead of Major African Health Meeting

by Felix Tih
Reading Time: 3 mins read
August 23, 2026
0

Ministers, athletes, children and residents walk through Addis Ababa to promote healthier lives as Africa's health leaders gather for a...

Read moreDetails
Benin School Championships Showcase Youth Talent in Sports, Culture
Development & Impact

Benin School Championships Showcase Youth Talent in Sports, Culture

by Marina Bisse
Reading Time: 2 mins read
August 22, 2026
0

The 25th National Primary School Championships brought young athletes from across Benin to Djougou for four days of competition and...

Read moreDetails
Africa Wants to Turn Diaspora Money into Investment
Development & Impact

Africa Wants to Turn Diaspora Money into Investment

by Felix Tih
Reading Time: 2 mins read
August 23, 2026
0

The African Union is working on a new framework to encourage Africans living abroad to invest more of their capital...

Read moreDetails

Togo Rises to Lower-Middle-Income Status in New World Bank Income Classification

Classification marks an economic milestone for Togo, as the West African country's statistical updates, economic growth and favorable exchange rate movements lifted it into the World Bank's lower-middle-income category.

Togo Grants Visa-Free Entry to All Africans

Place de l'Independece, Lome, Togo

Togo has moved from the low-income to the lower-middle-income category in the World Bank’s latest income classification, becoming the only country to move up from the lowest income group in this year’s annual update.

The World Bank Group, which published its updated classifications on July 1, said Togo crossed the threshold largely because revised population data from the country’s 2022 census reduced its estimated population by 11.7%, increasing its gross national income (GNI) per capita.

The bank also cited economic growth of 5.9% in 2025 and favorable exchange rate movements as contributing factors.

The annual classification groups economies into four income categories based on GNI per capita calculated using the World Bank’s Atlas method.

The classifications are widely used by governments, development institutions and investors as a benchmark for economic development, although they do not directly measure living standards or poverty.

For Togo, the new classification marks a statistical milestone but does not erase the country’s longstanding development challenges.

Located on the West African coast between Ghana, Benin and Burkina Faso, Togo is home to about 8.5 million people.

According to the World Bank, poverty remains far higher in rural areas than in urban areas, with 58.8% of rural residents living in poverty compared with 26.5% of urban residents.

Economic growth has been concentrated in modern sectors, while many communities continue to face limited access to quality health care, education and other essential services.

Women remain disproportionately affected by unequal access to economic opportunities and basic services.

Togo’s Human Capital Index score of 0.43 indicates that a child born today is expected to be only 43% as productive as they could be as an adult if they had access to complete education and full health.

Togo was one of six countries reclassified upward in this year’s review. None of the economies assessed moved down an income category.

Five countries advanced from lower-middle-income to upper-middle-income status: Jordan, the Federated States of Micronesia, the Philippines, Sri Lanka and Vietnam.

 

Togo Rises to Lower-Middle-Income Status in New World Bank Income Classification

Classification marks an economic milestone for Togo, as the West African country's statistical updates, economic growth and favorable exchange rate movements lifted it into the World Bank's lower-middle-income category.

Togo Grants Visa-Free Entry to All Africans

Place de l'Independece, Lome, Togo

Marina Bisseby Marina Bisse
July 9, 2026

Togo has moved from the low-income to the lower-middle-income category in the World Bank’s latest income classification, becoming the only country to move up from the lowest income group in this year’s annual update.

The World Bank Group, which published its updated classifications on July 1, said Togo crossed the threshold largely because revised population data from the country’s 2022 census reduced its estimated population by 11.7%, increasing its gross national income (GNI) per capita.

The bank also cited economic growth of 5.9% in 2025 and favorable exchange rate movements as contributing factors.

The annual classification groups economies into four income categories based on GNI per capita calculated using the World Bank’s Atlas method.

The classifications are widely used by governments, development institutions and investors as a benchmark for economic development, although they do not directly measure living standards or poverty.

For Togo, the new classification marks a statistical milestone but does not erase the country’s longstanding development challenges.

Located on the West African coast between Ghana, Benin and Burkina Faso, Togo is home to about 8.5 million people.

According to the World Bank, poverty remains far higher in rural areas than in urban areas, with 58.8% of rural residents living in poverty compared with 26.5% of urban residents.

Economic growth has been concentrated in modern sectors, while many communities continue to face limited access to quality health care, education and other essential services.

Women remain disproportionately affected by unequal access to economic opportunities and basic services.

Togo’s Human Capital Index score of 0.43 indicates that a child born today is expected to be only 43% as productive as they could be as an adult if they had access to complete education and full health.

Togo was one of six countries reclassified upward in this year’s review. None of the economies assessed moved down an income category.

Five countries advanced from lower-middle-income to upper-middle-income status: Jordan, the Federated States of Micronesia, the Philippines, Sri Lanka and Vietnam.

 

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

Related Posts

Ghana, Côte d’Ivoire Raise Alarm Over Cocoa Substitutes in Chocolate Products

Ghana, Côte d’Ivoire Raise Alarm Over Cocoa Substitutes in Chocolate Products

by Felix Tih
August 15, 2026
0

...

Intra-African Trade Holds the Key to Fertilizer Access Across the Continent

Rwanda’s Agricultural Export Revenue Surpasses $1 Billion in 2025-26

by Amani Mwakalebela
August 14, 2026
0

...

Namibia Deepens Regional Ties Through Trade and Energy

Namibia President Presses Mining Industry to Deliver Jobs, Drive Investment

by Bantu Gazette
August 9, 2026
0

...

$332M Financing Package to Support South African SMEs, Women-Led Businesses

$332M Financing Package to Support South African SMEs, Women-Led Businesses

by Naledi Kgosi
August 7, 2026
0

...

Somalia Joins African Continental Free Trade Area, Gaining Access to $3.4 Trillion Market

Somalia Joins African Continental Free Trade Area, Gaining Access to $3.4 Trillion Market

by Amani Mwakalebela
August 1, 2026
0

...

Nigerian Entrepreneur Raises $7 Million for Hair-Braiding Robot

Nigerian Entrepreneur Raises $7 Million for Hair-Braiding Robot

by Felix Tih
July 25, 2026
0

...

Addis Ababa ‘Walks the Talk’ Ahead of Major African Health Meeting
Development & Impact

Addis Ababa ‘Walks the Talk’ Ahead of Major African Health Meeting

by Felix Tih
Reading Time: 3 mins read
August 23, 2026
0

Ministers, athletes, children and residents walk through Addis Ababa to promote healthier lives as Africa's health leaders gather for a...

Read moreDetails
Benin School Championships Showcase Youth Talent in Sports, Culture

Benin School Championships Showcase Youth Talent in Sports, Culture

by Marina Bisse
August 22, 2026
0

The 25th National Primary School Championships brought young athletes from across Benin to Djougou for four days of competition and...

Africa Wants to Turn Diaspora Money into Investment

Africa Wants to Turn Diaspora Money into Investment

by Felix Tih
August 21, 2026
0

The African Union is working on a new framework to encourage Africans living abroad to invest more of their capital...

Angélique Kidjo Becomes First African Artist Honored with Hollywood Walk of Fame Star

Angélique Kidjo Becomes First African Artist Honored with Hollywood Walk of Fame Star

by Nora Tabe
August 21, 2026
0

The five-time Grammy winner dedicated the milestone to Benin, Africa, her fans and generations of artists who have shaped and...

A New Generation Looks to Ethiopia as Young Diaspora Members Begin Heritage Visit

A New Generation Looks to Ethiopia as Young Diaspora Members Begin Heritage Visit

by Bantu Gazette
August 19, 2026
0

The journey reflects efforts to strengthen ties with younger generations of the Ethiopian diaspora through cultural exchange, volunteer work and...

Next Post
Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow

Ethiopia Defies Regional Slowdown with Record $4.32 Billion Foreign Direct Investment Inflow

Kolwezi Fashion Week Aligns Local Creativity with DR Congo’s Creative Economy Ambitions

Kolwezi Fashion Week Aligns Local Creativity with DR Congo's Creative Economy Ambitions

Ethiopia’s Flagship Dam Doubles Power Output, Supplies Half of Country’s Electricity

Ethiopia Solidifies Role as Central Energy Hub with Landmark Kenya Power Deal

Amazon Satellite Expansion, EU Investment Boost Kenya’s Digital Hub Ambitions

Kenya Enacts Sovereign Wealth Fund Law to Safeguard Resource Revenue

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact
Bantu Gazette
  • Energy & Trade
  • Finance
  • Health
  • Politics & Economy
  • Technology
  • Environment
  • Feature
  • Opinion
  • Changemakers
  • Tourism & Culture
  • Magazine