Togo Oil production Togo Electricity production

Togo Economy

Economy - overview:this small sub-saharan economy is heavily dependent 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. togo is the world's fourth-largest producer of phosphate. the government's decade-long effort. supported by the world bank and the imf. to implement economic reform measures. encourage foreign investment. and bring revenues in line with expenditures has moved slowly. progress depends on following through on privatization. increased openness in government financial operations. progress toward legislative elections. and continued support from foreign donors. togo is working with donors to write a prgf that could eventually lead to a debt reduction plan.

GDP (purchasing power parity) : $9.018 billion (2005 est.)

Inflation rate: 5.5% (2005 est.)

Labor force : 1.74 million (1996)

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

Togo

			Over view
			Geography
			People
			Government
			Economy
			Communications
			Transportation
			Militry

Togo More Facts

Electricity - production: 165.9 million kwh (2003)

Oil - production: 0 bbl/day (2003 est.)

Togo More Facts

Exports: $768 million f.o.b. (2005 est.)

Imports : $1.047 billion f.o.b. (2005 est.)
Currency (code) : communaute financiere africaine franc (xof); note - responsible authority is the central bank of the west african states