Nominal GDP $9.111B, Per capita GDP $1,004.46, Population 9,053,799, Debt to GDP 66.0%. Inflation 20.3%, Unemployment 3.72%, Labor Force Participation 62.6%, Land Area 22,008 sq miles, Arable Land 48.72%, Urban 43.36%, Rural 56.64%, Exports $4.48B, Imports $18.3B, Trade Deficit $13.82B.
The top exports of Togo are Gold ($1.18B), Refined Petroleum ($1.07B), Calcium Phosphates ($434M), Soybeans ($234M), and Electricity ($105M), exporting mostly to United Arab Emirates ($1.19B), India ($511M), Cote d'Ivoire ($474M), South Africa ($271M), and Burkina Faso ($249M).
The top imports of Togo are Refined Petroleum ($10.5B), Crude Petroleum ($594M), Motorcycles and cycles ($497M), Rice ($375M), and Palm Oil ($343M), importing mostly from India ($5.43B), China ($2.94B), South Korea ($2.36B), Nigeria ($750M), and Chinese Taipei ($665M).
Comments
The $13.82B Trade Deficit is too high. Lower oil prices and should help. Arable land at 48.72% should be developed for crops to export.
Norb Leahy, Dunwoody GA Tea Party Leader
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