nrest and lack of funds prevented the government from
taking advantage of the 50% currency devaluation of 12 January 1994.
Resumption of World Bank and IMF flows will depend on implementation
of several controversial moves toward privatization and on downsizing
the military, on which the regime depends to stay in power.

GDP: purchasing power parity - $4.45 billion (1996 est.)

GDP - real growth rate: 6% (1996 est.)

GDP - per capita: purchasing power parity - $970 (1996 est.)

GDP - composition by sector:
agriculture: 35%
industry: 23%
services: 42% (1995 est.)

Inflation rate - consumer price index: 7.2% (1995 est.)

Labor force:
total: 1.538 million (1993 est.)
by occupation: agriculture 64%, industry 9%, services 21%, unemployed
6% (1981 est.)

Unemployment rate: NA%

Budget:
revenues: $242 million
expenditures: $262 million, including capital expenditures of $NA
(1997 est.)

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

Industrial production growth rate: NA%

Electricity - capacity: NA kW

Electricity - production: NA kWh
note: imports electricity from Ghana

Electricity - consumption per capita: NA kWh

Agriculture - products: coffee, cocoa, cotton, yams, cassava
(tapioca), corn, beans, rice, millet, sorghum; meat; annual fish catch
of 10,000-14,000 tons

Exports:
total value: $265 (f.o.b., 1996 est.)
commodities: phosphates, cotton, coffee, cocoa
partners : Canada 9.2%, US 8.1%, Taiwan 7.5%, Nigeria 6.7% (1995 est.)

Imports:
total value: $350 million (c.i.f., 1996 est.)
commodities : machinery and equipment, consumer goods, food, chemical
products
partners: Ghana 17.1%, China 13.3%, France 12.5%, Cameroon 6.0% (1995
est.)

Debt - external: $1.5 billion (1994)

Economic aid:
recipient: ODA, $NA

Currency: 1 Communaute Financiere Africaine franc (CFAF) = 100
centimes

Exchange rates: CFA francs (CFAF) per US$1 - 541.69 (January 1997),
511.55 (1996), 499.15 (1995), 555.20 (1994), 283.16 (1993), 264.69
(1992)
note: beginning 12 January 1994, the CFA franc was devalued to CFAF
100 per French franc from CFAF 50 at which it had been fixed since
1948

Fiscal year: calendar year

@Togo:Communications

Telephones: 12,000 (1987 est.)

Telephone system: fair system based on network of microwave radio
relay routes supplemented by open-wire lines
domestic: microwave radio relay and open-wire lines
international: satellite earth st