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Togo : economy statistics and industry reports
- Updated on : 27 August 2012 Source : The World Factbook
Imports
$1.467 billion (2011 est.)$1.371 billion (2010 est.)
Exports
$910.8 million (2011 est.)$879 million (2010 est.)
Inflation rate (consumer prices)
3.6% (2011 est.)1.8% (2010 est.)
Unemployment rate
NA%GDP - per capita (PPP)
$900 (2011 est.)$900 (2010 est.)
$900 (2009 est.)
note: data are in 2011 US dollars
National product real growth rate
3.3% (2010 est.)3.1% (2009 est.)
1.8% (2008 est.)
Internet users
356,300 (2009)Telephones - mobile cellular
2.452 million (2009)Population growth rate
2.748% (2012 est.)Population
6,961,049 (July 2012 est.)note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected
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Historical background
French Togoland became Togo in 1960.
Gen.
Gnassingbe EYADEMA, installed as military ruler in 1967, ruled Togo with a heavy hand for almost four decades.
...
Economic overview
This small, sub-Saharan economy suffers from anemic economic growth and depends heavily on both commercial and subsistence agriculture, which provides employment for 65% of the labor force.
Some basic foodstuffs must still be imported.
Cocoa, coffee, and cotton generate about 40% of export earnings with cotton being the most important cash crop.
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