Economy of Togo - Statistics

Statistics

GDP: purchasing power parity - $8.684 billion (2004 est.)

GDP - real growth rate: 3% (2004 est.)

GDP - per capita: purchasing power parity - $1,600 (2004 est.)

GDP - composition by sector:
agriculture: 39.5%
industry: 20.4%
services: 40.1% (2003 est.)

Investment (gross fixed): 18.4% of GDP (2003)

Population below poverty line: 32% (1989 est.)

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): -1% (2003 est.)

Labor force: 1.74 million (1996)

Labor force - by occupation: agriculture 65%, industry 5%, services 30% (1998 est.)

Unemployment rate: NA (2003 est.)

Budget:
revenues: $214.5 million
expenditures: $296.4 million, including capital expenditures of NA (2003 est.)

Agriculture - products: coffee, cocoa, cotton, yams, cassava (tapioca), corn, beans, rice, pearl millet, sorghum; livestock; fish

Industries: phosphate mining, agricultural processing, cement; handicrafts, textiles, beverages

Industrial production growth rate: NA%

Electricity - production: 0.1016 TWh (2001)

Electricity - production by source:
fossil fuel: 93.33%
hydro: 6.67%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 0.6145 TWh (2001)

Electricity - exports: 0 TWh (1998)

Electricity - imports: 0.520 TWh;
electricity supplied by Ghana (2001)

Oil - production: 0 barrels per day (0 m3/d) (2001 est.)

Oil - consumption: 10,000 barrels per day (1,600 m3/d) (2001 est.)

Oil - exports: NA (2001)

Oil - imports: NA (2001)

Current account balance: $-140 million (2003)

Exports: $398.1 million f.o.b. (2003 est.)

Exports - commodities: reexports, cotton, phosphates, coffee, cocoa

Exports - partners: Burkina Faso 16.6%, Ghana 15.4%, Netherlands 13%, Benin 9.6%, Mali 7.7% (2003)

Imports: $501.3 million f.o.b. (2003 est.)

Imports - commodities: machinery and equipment, foodstuffs, petroleum products

Imports - partners: France 21.1%, Netherlands 12.1%, Côte d'Ivoire 5.9%, Germany 4.6%, Italy 4.4%, South Africa 4.3%, People's Republic of China 4.1% (2003)

Reserves of foreign exchange & gold: $257 million (2003)

Debt - external: $2 billion (2006)

Economic aid - recipient: ODA $80 million (2000 est.)

Currency: Communaute Financiere Africaine franc (XOF);
responsible authority is the Central Bank of the West African States

Exchange rates: Communaute Financiere Africaine francs (XOF) per US dollar - 581.2 (2003), 696.988 (2002), 733.039 (2001), 711.976 (2000), 615.699 (1999)

Fiscal year: calendar year

Togo is a member of the WTO.