Togo: Economy

Economic Trivia

Togo is one of the largest phosphate producers in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): China, France, and India
Top 3 Exported Goods (2015): Natural Minerals & Stone, Plastics, and Cotton

Top Industries Source: CIA World Factbook

Phosphate Mining; Agricultural Processing; Cement; Handicrafts

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $10,663,199,059 (2015)
GDP Growth Rate (annual %) 5.475% (2015)
GDP Per Capita, PPP (current international) $1,460 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 151/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.79% (2015)
External debt stocks, total (DOD, current US$) $995,138,000 (2014)
Total tax rate (% of commercial profits) 48.5% (2015)
Real Interest Rate (5 year average %) 9.814% (2012)
Manufacturing, value added (% of GDP) 5.37% (2015)
Current Account Balance (BoP, current US$) ($457,860,059) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 3,318,091 (2014)
Employment in Agriculture (% of total employment) 54.1% (2006)
Employment in Industry (% of total employment) 6.8% (2006)
Employment in Services (% of total employment) 37.5% (2006)
Unemployment Rate 6.9% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $2,432,495,082 (2015)
Exports of goods and services (current US$) $1,833,896,216 (2015)
Total Merchandise Trade (% of GDP) 91.846% (2014)
FDI, net inflows (BoP, current US$) $52,653,935 (2015)
Commercial Service Exports (current US$) $437,001,226 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Togo’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary