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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]

Index of Economic Freedom

161[2]

Corruption Perceptions Index

111[3]

Doing Business ranking

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 characteristicsEdit

  • 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]


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 1 576 1 329 1 328 1 476 1 759 2 061 2 108 2 218 2 499 2 898
Govt. debt (% of GDP)[6]
Govt. revenue (% of GDP)[7] 14.906 14.700 15.803 16.974 16.993
Govt. expenses (% of GDP)[8] 14.384 16.098 17.222 17.497 15.111
Debt to revenue (years)

ReferencesEdit

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. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Togo", from The World Facebook. Referenced 2010-10-05.
  2. 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.
  3. 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.
  4. 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.
  5. World Bank. "Togo: GDP", from World Bank Data. Referenced 2010-10-05.
  6. World Bank. "Togo: government debt", from World Bank Data. Referenced 2010-10-05.
  7. World Bank. "Togo: government revenue", from World Bank Data. Referenced 2010-10-05.
  8. World Bank. "Togo: government expenses", from World Bank Data. Referenced 2010-10-05.

External linksEdit

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