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Economy of Togo

Togo is an agrarian country.

Economy of Togo
CurrencyCFA Franc
International
organizations
WTO
Statistics
GDP$ 4,152 billion [1]
GDP growth▲ 5.4% [1]
GDP per capita$ 1500
Inflation ( CPI )1.5%
Economically active population2.595 million (2007) [1]
Key industries
  • phosphate mining, agriculture
International trade
Export PartnersGhana, Burkina Faso, Benin, Nigeria
Import partnersChina, Belgium, France, India, USA
Government finance
Government revenues$ 1.025 billion (2015) [1]
Government spending$ 1.192 billion (2015) [1]
Phosphate Quarry

Content

Agriculture

The share of agriculture in GDP reaches 29%.

For local consumption, various food crops are grown [2] : in the south - mainly cassava and maize, in the central part - yams, millet, maize, rice, and in the north - mainly millet, sorghum, peanuts. The most important export crops, cocoa and coffee, are cultivated in small farms and on large plantations owned by Africans. Export both raw and processed agricultural products. In addition to cocoa and coffee, Togo exports a small amount of cotton, oil palm products, peanuts, cassava starch, copra, etc.

The inhabitants of the north bred buffaloes, sheep, goats, and on the coast developed mainly pig and home poultry. Many coastal residents are engaged in fishing.

Industry

The share of industry in GDP is 20.4% (2003). The main industry is mining. Table salt, dolomites and phosphorites are mined (1.07 million tons was mined in 2001). Manufacturing industry (approx. 10% of GDP). There are enterprises for processing the production of soft drinks, starch, flour, beer, palm oil, etc.), leather and footwear, textile, chemical (production of paints, varnishes, detergents, matches and plastics), clothing industries, construction materials (lumber, cement, etc.). In the capital there are refineries and steel mills. [3]

Energy

Energy is 70% based on charcoal. There are hydropower plants on the rivers Kpalime and Mono . In 2012, 109 million kWh of electricity was produced, another 959 million kWh were imported [1] .

Transportation

Airports

  • total - 8 (2013) [1] , including
    • with hard coating - 2
    • without hard coating - 6

Highways

  • total - 11.6 thousand km (2007) [1] , including
    • with hard surface - 2.4 thousand km
    • without hard coating - 9.2 thousand km

Railways

  • total - 568 km (2014) [1]

Water transport

  • total number of vessels - 2 with a displacement of 3.918 gt / 3.852 dwt
    • dry cargo ship - 1
    • refrigerator - 1

Trading

  • Exports: $ 1.934 billion (2015) [1]
  • Exports: cotton, phosphates, coffee, cocoa
  • Imports: $ 2.983 billion (2015) [1]
  • Imports: transport equipment, food, fuel

Notes

  1. ↑ 1 2 3 4 5 6 7 8 9 10 11 The World Factbook: "Togo" (Eng.) . The appeal date is May 10, 2016.
  2. ↑ Agriculture of Togo
  3. ↑ Togo Encyclopedia Krugosvet


Source - https://ru.wikipedia.org/w/index.php?title=Economy_Togo&oldid=98240807


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Clever Geek | 2019