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TOOL · GROSS COST

How much would a basic income cost in Togo?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 4,841,683child population 3,382,167year 2023World Bank WDI

GROSS ANNUAL COST

62,715 million

in XOFF CFA 62,714,558,400

Equal to 1.1% of reference GDP

Population covered: 8,223,850 people

Adults: 4,841,683 × F CFA 800 × 12 = F CFA 46,480,156,800

Children: 3,382,167 × F CFA 400 × 12 = F CFA 16,234,401,600

F CFA 46,480,156,800 + F CFA 16,234,401,600 = F CFA 62,714,558,400

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $9,723,300,577 · World Bank WDI

Currency XOF · exchange rate 606.5698 XOF/USD (2023)

Converted cost $103,392,163 for the GDP share.