s toward
legislative elections, and continued support from foreign donors.
Togo is working with donors to write a Poverty Reduction and Growth
Facility (PRGF) that could eventually lead to a debt reduction plan.
Economic growth remains marginal due to declining cotton production,
underinvestment in phosphate mining, and strained relations with
donors.

GDP (purchasing power parity):

$5.042 billion (2007 est.)

GDP (official exchange rate):

$2.497 billion (2007 est.)

GDP - real growth rate:

2.1% (2007 est.)

GDP - per capita (PPP):

$900 (2007 est.)

GDP - composition by sector:

agriculture: 40%
industry: 25%
services: 35% (2003 est.)

Labor force:

1.302 million (1998)

Labor force - by occupation:

agriculture: 65%
industry: 5%
services: 30% (1998 est.)

Unemployment rate:

NA%

Population below poverty line:

32% (1989 est.)

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%

Investment (gross fixed):

24.2% of GDP (2007 est.)

Budget:

revenues: $466.8 million
expenditures: $514.7 million (2007 est.)

Fiscal year:

calendar year

Inflation rate (consumer prices):

1% (2007 est.)

Central bank discount rate:

4.25% (31 December 2007)

Commercial bank prime lending rate:

NA (31 December 2007)

Stock of money:

$624.9 million (31 December 2007)

Stock of quasi money:

$383.9 million (31 December 2007)

Stock of domestic credit:

$590.7 million (31 December 2007)

Agriculture - products:

coffee, cocoa, cotton, yams, cassava (tapioca), corn, beans, rice,
millet, sorghum; livestock; fish

Industries:

phosphate mining, agricultural processing, cement, handicrafts,
textiles, beverages

Industrial production growth rate:

1% (2007 est.)

Electricity - production:

203 million kWh (2006 est.)

Electricity - consumption:

607 million kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

505 million kWh; note - electricity supplied by Ghana (2006 est.)

Electricity - production by source:

fossil fuel: 98.7%
hydro: 1.3%
nuclear: 0%
other: 0% (2001)

Oil - production:

0 bbl/day (2007 est.)

Oil - consumption:

17,770 bbl/day (2006 est.)

Oil - exports:

1,547 bbl/day (2005)

Oil - imports:

16,650 bbl/day (2005)

Oil - proved reserves:

0 bbl (1 January 2006 est.)

Natural gas - pro