machinery and equipment, foodstuffs, petroleum products
Main import partners
China 22.9%
Belgium 20.3%
Netherlands 11.9%
France 6.6%
India 4.8%
Singapore 4.4%
(2015)[13]
FDI stock
$451 million (2017[update])[14]
Gross external debt
$1.387 billion (2017[update])
Public finances
Government debt
$391 million (2017[update])
Revenues
$1.469 billion (2017[update])
Expenses
$1.7 billion (2017[update])
Foreign reserves
$215.1 million (2017[update])[15]
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
The economy of Togo has struggled greatly. The International Monetary Fund (IMF) ranks it as the tenth poorest country in the world,[16] with development undercut by political instability, lowered commodity prices, and external debts. While industry and services play a role, the economy is dependent on subsistence agriculture, with industrialization and regional banking suffering major setbacks.
In January 2017, the IMF signed an Extended Credit Facility arrangement, consisting of a three-year $238 million loan package. Progress depends on follow through on privatization, increased transparency in government financial operations, progress toward legislative elections, and continued support from foreign donors.[17]
^"U.S. Dollar (USD) to West African CFA Franc (XOF) Exchange Rate & Converter".
^"World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019.
^"World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved 29 September 2019.
^ ab"AFRICA :: TOGO". CIA.gov. Central Intelligence Agency. Retrieved 6 March 2020.
^ abcde"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 23 January 2020.
^"Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges" (PDF). openknowledge.worldbank.org. World Bank. p. 147. Retrieved 22 January 2020.
^ ab"The World Factbook". 10 May 2022.
^"Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) - Togo". data.worldbank.org. World Bank. Retrieved 6 March 2020.
^"GINI index (World Bank estimate) - Togo". data.worldbank.org. World Bank. Retrieved 6 March 2020.
^"Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^"Inequality-adjusted Human Development Index (IHDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^"Export Partners of Togo". CIA World Factbook. 2015. Archived from the original on June 13, 2007. Retrieved 26 July 2016.
^"Import Partners of Togo". CIA World Factbook. 2015. Archived from the original on June 13, 2007. Retrieved 26 July 2016.
^"Togo - Foreign direct investment". Indexmundi.com. 2019-12-28. Retrieved 2022-03-21.
^"The World Fact Book: Economic Overview - Togo". Central Intelligence Agency. 10 May 2022.
^"IMF World Economic Outlook Database List, information about Gross Domestic Product (GDP)". www.imf.org. Retrieved 2018-09-08.
^"Togo - Economy:Togo". Central Intelligence Agency. 10 May 2022.
Cite error: There are <ref group=note> tags on this page, but the references will not show without a {{reflist|group=note}} template (see the help page).
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Global Information
566.06,1 XOF (2018[update]) [1]
8,608,444 (2020 est.)[4][note 1]
$1.387 billion (2017[update])
