Economy of Togo

Economy of Togo

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Gross Domestic Product 2012

GDP (purchasing power parity): $6.899 billion

GDP real growth rate: 5%

GDP per capita (PPP): $1,100

GDP composition by sector (2012 estimate)

Agriculture: 45.7%

Industry: 21.4%

Services: 33%

Inflation: 2.8% (2012 est.)

Currency: CFA franc

Business Languages

The commercial languages include the following

  • French
  • Ewe
  • Gen

Transport

The main transport means used in Togo road transport and railway transport

 

Energy in Sierra Leon

The major sources of energy in Togo include; hydroelectric power, wood fuel and Petroleum.

 

Challenges in Togo

  • Lack of basic infrastructure
  • Inadequate healthcare
  • Low level of education
  • Environment issues like deforestation water pollution, air pollution
  • Inadequate Economic Infrastructure

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

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