Togo
| Country summary | |
|---|---|
|
Capital |
Lome |
|
Borders |
Benin 644 km, Burkina Faso 126 km, Ghana 877 km |
|
Government type |
republic under transition to multiparty democratic rule |
|
Population |
6,031,808[1] |
|
Population growth |
2.754% (2010 est.)[1] |
|
Life expectancy |
59.66 years[1] |
|
Unemployment |
NA%[1] |
|
161[2] | |
|
111[3] | |
|
165[4] | |
French Togoland became Togo in 1960. Gen. Gnassingbe EYADEMA, installed as military ruler in 1967, ruled Togo with a heavy hand for almost four decades. Despite the facade of multiparty elections instituted in the early 1990s, the government was largely dominated by President EYADEMA, whose Rally of the Togolese People (RPT) party has maintained power almost continually since 1967 and maintains a majority of seats in today's legislature. Upon EYADEMA's death in February 2005, the military installed the president's son, Faure GNASSINGBE, and then engineered his formal election two months later. Democratic gains since then allowed Togo to hold its first relatively free and fair legislative elections in October 2007. After years of political unrest and condemnation from international organizations for human rights abuses, Togo is finally being re-welcomed into the international community.[1]
Economical characteristics
- Currency: CFA franc (ISO code: XOF)
- Central bank discount rate: 4.25% (31 December 2009)[1]
- Commercial banks lending rate: NA% (31 December 2009 )[1]
- Stock of money (M1): $712.6 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $414.9 million (31 December 2008)[1]
Notable events:
- Banking crisis: 1993-1995[5]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[6] | 1 576 | 1 329 | 1 328 | 1 476 | 1 759 | 2 061 | 2 108 | 2 218 | 2 499 | 2 898 |
| Govt. debt (% of GDP)[7] | ||||||||||
| Govt. revenue (% of GDP)[8] | 14.906 | 14.700 | 15.803 | 16.974 | 16.993 | |||||
| Govt. expenses (% of GDP)[9] | 14.384 | 16.098 | 17.222 | 17.497 | 15.111 | |||||
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Togo", from The World Factbook. Referenced 2010-10-05.
- ↑ Heritage Foundation. "Togo", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
- ↑ Transparency International. "Togo", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-05.
- ↑ Doing Business. "Togo", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
- ↑ Carmen M. Reinhart and Kenneth S. Rogoff. "This Time is Different", Princeton University Press, ISBN 978-0-691-14216-6, p. 386. (The list does not claim to be complete.) Referenced 2011-07-21.
- ↑ World Bank. "Togo: GDP", from World Bank Data. Referenced 2010-10-05.
- ↑ World Bank. "Togo: government debt", from World Bank Data. Referenced 2010-10-05.
- ↑ World Bank. "Togo: government revenue", from World Bank Data. Referenced 2010-10-05.
- ↑ World Bank. "Togo: government expenses", from World Bank Data. Referenced 2010-10-05.
Links
- Togo on Wikipedia
- Central bank of Togo
- Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
- BBC country profile
