Togo
Description of Togo
Togo, located in West Africa, is a country with immense potential for growth and development. With a rich cultural heritage and a diverse population, Togo faces various socio-economic challenges that impact its progress. By delving into the macroeconomic statistics and geopolitical dynamics shaping Togo's trajectory, we can gain valuable insights into the opportunities and obstacles facing this nation. Through careful analysis and understanding of these factors, we can explore the future prospects for Togo and its role in the global community.
Population And Age Structure
Population, total: Togo's population of 8,442,580 is significantly below the average population of 40,097,746. Togo ranks 100th out of 194 countries in this aspect.
Population ages 0-14 (% of total population): Togo's percentage of population ages 0-14 at 40.50% is notably higher than the average of 27.34%. Togo ranks 30th out of 194 countries in this demographic.
Population ages 0-14, total: Togo's total population of ages 0-14 at 3,419,062 is lower than the average of 10,327,980. Togo ranks 81st out of 194 countries in this category.
Population ages 15-64 (% of total population): Togo's percentage of population ages 15-64 at 56.44% is below the average of 63.44%. Togo ranks 163rd out of 194 countries in this segment.
Population ages 15-64, total: Togo's total population of ages 15-64 at 4,765,331 is significantly lower than the average of 26,003,407. Togo ranks 100th out of 194 countries in this demographic.
Population ages 65 and above (% of total population): Togo's percentage of population ages 65 and above at 3.06% is below the average of 9.22%. Togo ranks 165th out of 194 countries in this category.
Population ages 65 and above, total: Togo's total population of ages 65 and above at 258,187 is notably lower than the average of 3,766,959. Togo ranks 131st out of 194 countries in this demographic.
Summary
Togo's demographic profile indicates a young population, with a higher percentage of individuals aged 0-14 compared to the global average. However, the country has a lower percentage of individuals in the working-age group (15-64) and elderly population (65 and above). This demographic distribution is crucial for policymakers and investors to consider for future planning, such as education, healthcare, and workforce development, to ensure sustainable development and economic growth in Togo.
Population Miscellaneous
Rural population in Togo stands at 4,829,156, which is significantly below the average rural population of 18,044,041. Togo ranks 77th out of 190 countries in this attribute.
The percentage of the total population that resides in rural areas in Togo is 57.2%, above the average of 41.16%. The country is ranked 52nd out of 190 countries in this aspect.
Togo's urban population is 3,613,424, well below the average urban population of 22,425,747. Togo holds the 111th position out of 194 countries in urban population.
With 42.8% of its population residing in urban areas, Togo is below the average of 59.69%. In terms of urban population percentage, Togo ranks 143rd out of 194 countries.
Togo's age dependency ratio is 77.17%, higher than the average of 59.22%. This places Togo at the 32nd position out of 194 countries in this ratio.
The crude birth rate in Togo is 32.302 per 1,000 people, surpassing the average of 19.38. Togo ranks 26th out of 192 countries in this metric.
With a crude death rate of 8.417 per 1,000 people, Togo is slightly above the average of 8.21. Togo holds the 76th position out of 192 countries in this rate.
The total fertility rate in Togo is 4.323 births per woman, higher than the average of 2.60. Togo ranks 26th out of 190 countries in terms of fertility rate.
Summary
Togo has a predominantly rural population, with 57.2% of its total population residing in rural areas, above the global average. However, its urban population and urban population percentage are below average. Togo also has a higher age dependency ratio, crude birth rate, crude death rate, and total fertility rate compared to global averages.
These statistics are important as they provide insights into Togo's demographic structure, development challenges, and potential economic implications. A high age dependency ratio may strain healthcare and social welfare systems, while high fertility rates could impact future population growth and workforce dynamics. Understanding these indicators is crucial for policymakers to formulate effective social and economic development strategies for Togo.
Military
Analysis of key military and defense statistics for Togo:
- Military expenditure (current USD): Togo's military expenditure of 163,926,877 USD is significantly below the average of 12,904,993,617 USD, ranking 115 out of 149 countries.
- Military expenditure (% of GDP): Togo's military expenditure as a percentage of GDP is 2.84%, higher than the average of 1.90%, ranking 25 out of 148 countries.
- Arms imports (SIPRI trend indicator values): Togo's arms imports of 5,000,000 USD are considerably lower than the average of 205,522,123.89 USD, ranking 94 out of 113 countries.
- Armed forces personnel, total: Togo has 10,000 armed forces personnel, significantly below the average of 165,908, ranking 134 out of 164 countries.
- Armed forces personnel (% of total labor force): Togo's percentage of armed forces personnel in the total labor force is 0.35%, below the average of 1.28%, ranking 137 out of 164 countries.
Summary
Togo's military expenditure, though below the global average, constitutes a relatively higher percentage of its GDP. The country's arms imports are significantly lower than the global average, indicating a minimal dependence on foreign armaments. Togo has a smaller number of armed forces personnel compared to the world average, with a lower percentage of its total labor force engaged in military activities.
These indicators are crucial as they shed light on Togo's prioritization of defense spending relative to its economic output, its self-sufficiency in defense capabilities, and the size of its military workforce compared to other nations. They provide insight into Togo's security posture, resource allocation, and potential military capacity in regional or global contexts.
Natural Resources
Analysis of key statistical attributes for Togo:
- Forest area (sq. km): Togo's forest area is 12092.7 sq. km. This is significantly below the average forest area of 211606.11 sq. km, ranking 117th out of 191 countries included in the data.
- Land area (sq. km): Togo has a land area of 54390 sq. km, which is well below the average of 665166.51 sq. km, ranking 124th out of 194 countries.
- Surface area (sq. km): With a surface area of 56790 sq. km, Togo falls below the average of 689779.56 sq. km, ranking 125th out of 194 countries.
- Arable land (hectares): Togo possesses 2650000 hectares of arable land, lower than the average of 7329543.16 hectares, and ranks 70th out of 190 countries.
- Land under cereal production (hectares): Togo's 1178372 hectares of land under cereal production is below the average of 4206011.63 hectares, ranking 74th out of 174 countries.
- Average precipitation in depth (mm per year): With an average precipitation depth of 1168 mm per year, Togo slightly exceeds the average of 1157.83 mm, ranking 76th out of 178 countries.
- Renewable internal freshwater resources, total (billion cubic meters): Togo has 11.5 billion cubic meters of renewable internal freshwater resources, significantly lower than the average of 240.41 billion cubic meters, ranking 119th out of 178 countries.
Summary
In summary, Togo exhibits below-average figures in key statistical attributes such as forest area, land area, surface area, arable land, land under cereal production, average precipitation depth, and renewable internal freshwater resources. These indicators are essential as they reflect Togo's environmental resources and agricultural potential, highlighting areas where the country may need to focus on development and sustainability efforts to enhance food security and natural resource management.
Resource Rents
Togo's Total natural resources rents account for 4.73% of its GDP, slightly above the average of 4.63%. This places Togo at rank 53 out of 175 countries with available data on this attribute.
In terms of Forest rents, Togo stands at 3.13% of GDP, significantly higher than the average of 1.53%. This places Togo at rank 27 out of 174 countries in the dataset.
Togo's Mineral rents represent 1.60% of its GDP, surpassing the average of 1.23%. Togo holds the 19th position out of 86 countries in the dataset based on this metric.
Summary
Togo's Total natural resources rents, Forest rents, and Mineral rents as a percentage of its GDP surpass the global averages and position the country within the top 53, 27, and 19 out of the listed countries, respectively. This indicates that Togo possesses significant natural resource wealth compared to its peers, which could potentially drive economic growth, attract investment, and influence its geopolitical standing in the region.
Commodities
1. Cereal production in Togo is 1,355,508 metric tons, significantly below the average of 17,249,945. Togo ranks 100th out of 174 countries in this attribute.
2. Aquaculture production in Togo is 730 metric tons, lower than the average of 679,642. Togo ranks 130th out of 180 countries in this attribute.
3. Capture fisheries production in Togo is 18,034 metric tons, well below the average of 467,453. Togo ranks 126th out of 190 countries in this attribute.
4. Total fisheries production in Togo is 18,764 metric tons, significantly lower than the average of 1,153,914. Togo ranks 130th out of 182 countries in this attribute.
5. Fertilizer consumption in Togo is 2.68 kilograms per hectare of arable land, considerably lower than the average of 159.04. Togo ranks 172nd out of 187 countries in this attribute.
Summary
Togo's agricultural sector faces challenges, with below-average production in cereals, aquaculture, capture fisheries, and total fisheries. These low production levels impact food security and economic growth. Moreover, Togo's extremely low fertilizer consumption indicates a need for improved agricultural practices to enhance productivity and sustainability in the long term.
Intellectual Property
In terms of Scientific and technical journal articles, Togo has a value of 86.33, which is significantly below the attribute average of 15103.76. Togo ranks 135th out of 192 countries in this dataset.
When it comes to Charges for the use of intellectual property, receipts (BoP, current US$), Togo's value of 694.94 is way below the attribute average of 3,191,687,117.58. Togo ranks 120th out of 122 countries included in this data.
Togo's number of Researchers in R&D (per million people) is 45.29, significantly lower than the attribute average of 2556.45. Togo ranks 70th out of 72 countries in this attribute.
Summary
Togo's performance in key macroeconomic indicators related to scientific research and intellectual property is notably below the global averages. The country ranks low compared to other nations in terms of scientific and technical journal articles, charges for the use of intellectual property, and the number of researchers in R&D per million people. These indicators are crucial for measuring a country's innovation, knowledge creation, and economic competitiveness on the global stage.
Broad Economy Attributes
Analysis of key macroeconomic attributes for Togo:
- GDP (current US$): Togo's GDP is $7.48 billion, significantly below the average GDP of $442.87 billion. Togo is ranked 146 out of 189 countries.
- GDP, PPP (current international $): Togo's GDP based on purchasing power parity is $18.35 billion, much lower than the average of $734.14 billion. Togo is ranked 142 out of 181 countries.
- GDP per capita (current US$): Togo's GDP per capita is $886.70, way below the average of $15462.11. Togo is ranked 168 out of 190 countries.
- GDP per capita, PPP (current international $): Togo's GDP per capita based on PPP is $2173.87, significantly lower than the average of $21251.89. Togo is ranked 165 out of 181 countries.
- GNI (current US$): Togo's Gross National Income is $7.53 billion, well below the average GNI of $452.04 billion. Togo is ranked 144 out of 185 countries.
- GNI, PPP (current international $): Togo's GNI based on PPP is $18.46 billion, substantially lower than the average of $730.70 billion. Togo is ranked 142 out of 181 countries.
- GNI per capita, PPP (current international $): Togo's GNI per capita based on PPP is $2190, significantly lower than the average of $20615.75. Togo is ranked 163 out of 181 countries.
Summary
Togo exhibits low figures across key macroeconomic indicators such as GDP, GDP per capita, and Gross National Income (GNI) when compared to global averages. The country ranks relatively low in these metrics compared to a large number of countries worldwide. These statistics signify Togo's economic challenges in terms of overall production, individual wealth, and national income levels, pointing towards the need for significant economic reforms and development strategies to improve the standard of living and economic stability within the country.
Broad Value Added
- Gross value added at basic prices (GVA) in Togo is $6.79 billion, which is significantly below the
average of $360.07 billion, ranking Togo 139th out of 176 countries.
- Agriculture, forestry, and fishing value added accounts for 19.17% of Togo's GDP, higher than the
average of 10.86%. Togo ranks 38th out of 182 countries in this aspect.
- The value added in Agriculture, forestry, and fishing in Togo is $1.44 billion, much lower than the
average of $19.92 billion, placing Togo at 116th out of 182 countries.
- Services value added contributes to 51.51% of Togo's GDP, below the average of 56.72%. Togo ranks 129th
out of 183 countries in this category.
- Togo's Services value added is $3.86 billion, well below the average of $295.84 billion, putting Togo at
144th out of 183 countries.
- Togo's Industry value added, including construction, is $1.50 billion, significantly lower than the
average of $118.42 billion. Togo ranks 146th out of 183 countries in this aspect.
Summary
Togo exhibits a relatively low Gross Value Added (GVA) compared to the global average, with significant disparities in the contribution of sectors to its GDP. Despite a higher than average contribution of Agriculture, forestry, and fishing value added, Togo lags behind in total GVA due to lower performance in Services and Industry sectors. These indicators highlight the need for diversification and growth strategies to enhance Togo's economic development and competitiveness on a global scale.
Manufacturing Value Added
For Manufacturing, value added (current US$), Togo's value of 1027594477.38831 is significantly below the attribute average of 76207179589.66348. Togo is ranked 131 out of 173 countries in this category.
Regarding Manufacturing, value added (% of GDP), Togo's value of 13.73% is above the attribute average of 11.90%. Togo is ranked 61 out of 173 countries in this category.
Summary
Togo's manufacturing sector contributes significantly less in terms of absolute value compared to the global average, ranking lower among countries. However, as a percentage of its GDP, Togo's manufacturing sector performs relatively better, surpassing the average for this indicator and ranking higher. These findings suggest that while Togo's manufacturing sector may have room for growth in terms of total output, its current contribution to the national economy is relatively stronger than many other countries, indicating potential for further development and economic diversification.
Money
Inflation, consumer prices (annual %): Togo has a relatively low inflation rate of 1.70%, well below the average of 8.26%. Togo ranks 93 out of 165 countries in this attribute.
Inflation, GDP deflator (annual %): Togo's inflation rate based on the GDP deflator is 2.94%, below the average of 6.90%. Togo ranks 73 out of 188 countries in this attribute.
Broad money growth (annual %): Togo's broad money growth is 11.59%, lower than the average of 18.03%. Togo ranks 86 out of 139 countries in this attribute.
Broad money (% of GDP): Togo's broad money as a percentage of GDP is 46.72%, which is below the average of 71.75%. Togo is ranked 93 out of 139 countries in this attribute.
Summary
Togo demonstrates relatively low inflation rates both in terms of consumer prices and GDP deflator compared to global averages. The country also has lower broad money growth and broad money as a percentage of GDP compared to the global average. These indicators are crucial as they reflect Togo's stability in prices, economic growth, and financial depth, which are essential for sustainable development and attracting investments.
Consumption Expenditure
1. Final consumption expenditure (current US$): Togo's value of $6,671,169,845.42 is significantly below the average of $381,630,252,515.38. Togo ranks 131 out of 159 countries in this attribute.
2. Final consumption expenditure (% of GDP): Togo's value of 89.11% is above the average of 82.37%. Togo ranks 52 out of 159 countries in this attribute.
3. General government final consumption expenditure (current US$): Togo's value of $1,020,111,668.63 is notably below the average of $93,676,578,238.03. Togo ranks 132 out of 158 countries in this attribute.
4. General government final consumption expenditure (% of GDP): Togo's value of 13.63% is below the average of 18.71%. Togo ranks 114 out of 158 countries in this attribute.
5. Household and NPISHs Final consumption expenditure (current US$): Togo's value of $5,651,058,176.79 is significantly below the average of $290,127,571,157.69. Togo ranks 129 out of 158 countries in this attribute.
6. Households and NPISHs final consumption expenditure (% of GDP): Togo's value of 75.49% is above the average of 63.68%. Togo ranks 35 out of 158 countries in this attribute.
Summary
Togo exhibits a pattern of lower final consumption expenditure metrics compared to the global average across the board, reflecting potential challenges in domestic consumption and economic expansion. With rankings consistently below average in both total and government final consumption expenditures, Togo may face limitations in driving economic growth through domestic demand stimulation.
Investment
Foreign direct investment, net (BoP, current US$) in Togo is significantly below the attribute average, ranking 52 out of 169 countries. Togo's FDI net value is -$53,056,159.80.
Foreign direct investment, net inflows (BoP, current US$) for Togo is also notably below the average, with a rank of 159 out of 182 countries. Togo's FDI net inflows stand at -$59,206,820.00.
Foreign direct investment, net inflows (% of GDP) is substantially lower for Togo compared to the average, placing Togo at the 159th position out of 178 countries. The value for this attribute in Togo is -0.79%.
Foreign direct investment, net outflows (BoP, current US$) is considerably below the average for Togo, ranking 136 out of 156 countries. Togo's FDI net outflows amount to -$112,262,979.80.
Foreign direct investment, net outflows (% of GDP) in Togo is significantly lower than the average, with a rank of 141 out of 155 countries. Togo's FDI net outflows as a percentage of GDP is -1.50%.
Portfolio Investment, net (BoP, current US$) in Togo is below the average, placing Togo at the 50th position out of 159 countries. The value of portfolio investment net in Togo is $467,392,309.01.
Portfolio equity, net inflows (BoP, current US$) for Togo is notably below the average, with a rank of 93 out of 125 countries. Togo's portfolio equity net inflows amount to -$173,934,041.51.
Summary
Togo's foreign direct investment (FDI) indicators consistently rank below the global average, indicating a challenge in attracting and retaining foreign investment. Additionally, Togo's portfolio investment metrics also fall short of the average benchmarks. These findings suggest a need for Togo to improve its investment climate and attract more foreign capital to stimulate economic growth and development.
Debt
1. Togo's Total debt service (% of GNI) is 1.40, below the attribute average of 5.98. Togo ranks 100 out of 120 countries in this aspect.
2. Togo's Public and publicly guaranteed debt service (% of GNI) stands at 1.14, below the average of 2.84. It ranks 91 out of 120 countries.
3. Togo's External debt stocks (% of GNI) are 33.31, significantly below the average of 65.42. Togo holds the 93rd rank out of 120 countries.
4. Togo's Debt service on external debt, total (TDS, current US$) is $105,187,159.20, much lower than the average of $9,811,958,39.23. It ranks 96 out of 123 countries.
5. Togo's Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) amounts to $85,841,643.00, below the average of $3,310,612,057.60. Togo ranks 93 out of 123 countries.
6. Togo's External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) are at $1,728,562,037.80, well below the average of $28,695,879,144.98. Togo holds the 98th rank out of 123 countries.
7. Togo's External debt stocks, total (DOD, current US$) amount to $2,508,122,481.20, significantly lower than the average of $73,845,530,111.82. Togo ranks 98 out of 123 countries in this category.
Summary
Togo's key macroeconomic indicators show that it has a relatively low burden of debt compared to other countries, with debt service, external debt stocks, and debt service on external debt all significantly below global averages. This indicates a lower financial strain on the country's economy, allowing for more resources to be allocated towards other developmental needs such as infrastructure, healthcare, and education. Togo's prudent debt management is crucial for maintaining economic stability and fostering long-term growth.
Broad Trade Attributes
1. Trade (% of GDP): Togo's Trade accounts for 55.07% of its GDP, which is below the average of 82.34%. Togo is ranked 113th out of 163 countries in this category.
2. Merchandise trade (% of GDP): Togo's Merchandise trade represents 46.21% of its GDP, lower than the average of 60.01%. Togo ranks 111th out of 186 countries.
3. Trade in services (% of GDP): Togo's Trade in services is 12.72% of its GDP, falling under the average of 24.63%. The country holds the 99th rank out of 171 nations.
4. External balance on goods and services (current US$): Togo has a deficit of 668,160,790.32 USD in its External balance on goods and services, significantly below the average of 3,405,509,011.13 USD. Togo ranks 98th out of 163 countries.
5. External balance on goods and services (% of GDP): Togo's External balance on goods and services is -8.93% of its GDP, which is lower than the average of -5.97%. Togo is again ranked 113th out of 163 countries.
Summary
Togo's trade indicators, including Trade (% of GDP), Merchandise trade (% of GDP), and Trade in services (% of GDP), all fall below global averages, with rankings between 99th to 113th out of various countries. The country also exhibits a significant deficit in its External balance on goods and services, both in absolute terms and as a percentage of GDP, ranking 98th and 113th respectively. These indicators are crucial as they reflect Togo's level of integration into the global economy, its export and import capabilities, and its overall economic stability relative to other nations.
Net Trade
1. Togo's current account balance in BoP, current US$, is -$20,737,721.12, which is significantly below the average of $1,443,864,831.49. Togo ranks 66 out of 170 countries in this attribute.
2. The current account balance as a percentage of GDP for Togo is -0.28%, compared to the average of -2.36%. Togo ranks 69 out of 170 countries in this metric.
3. Togo's net trade in goods and services in BoP is -$667,629,634.16, much lower than the average of $2,604,730,003.57. Togo is ranked 102 out of 171 countries in this aspect.
4. Togo's net primary income in BoP stands at $42,755,157.02, higher than the average of -$903,807,529.74. Togo ranks 38 out of 170 countries in this category.
5. Togo's net secondary income in BoP is $604,136,756.02, while the average is only -$269,227,340.40. Togo ranks 72 out of 170 countries in this attribute.
6. In terms of net trade in goods, Togo's value is -$743,893,212.08, below the average of $1,302,831,005.68. Togo ranks 99 out of 171 countries in this metric.
7. Togo's net capital account in BoP is $372,750,162.52, significantly higher than the average of $136,543,824.05. Togo is ranked 27 out of 159 countries in this attribute.
8. Togo's net financial account in BoP is $355,702,348.59, contrasting with the average of -$469,840,994.63. Togo ranks 56 out of 170 countries in this aspect.
Summary
Togo's current account balance, net trade in goods and services, net primary income, net secondary income, net trade in goods, net capital account, and net financial account in the Balance of Payments all reflect a mixed performance compared to global averages. Despite ranking variably across these metrics, Togo's negative current account balance and net trade in goods and services signal potential challenges in maintaining stable economic growth and foreign exchange reserves, highlighting the need for strategic policies to improve trade competitiveness and attract foreign investments.
Broad Export Attributes
Exports of goods, services and primary income in Togo amount to $2,005,388,033.55, which is significantly
below the average of $146,238,908,936.30. Togo ranks 135 out of 170 countries in this attribute.
Togo's exports of goods and services total $1,721,559,850.24, which is notably lower than the average of
$122,938,540,059.78. Togo ranks 137 out of 170 countries for this attribute.
The country's goods exports amount to $1,207,444,305.64, substantially lower than the average of
$93,310,581,697.39. Togo ranks 136 out of 171 countries in this category.
Togo's exports of goods and services as a percentage of GDP stand at 23.07%, lower than the average of
38.19%. Togo is ranked 110 out of 163 countries in this aspect.
Within the ICT sector, Togo's ICT goods exports account for 0.0565% of total goods exports, significantly
below the average of 3.81%. Togo ranks 121 out of 142 countries for this attribute.
Summary
Togo's export performance lags behind global averages across various categories including total exports, goods exports, and exports as a percentage of GDP. Particularly concerning is the country's low ranking in the ICT sector, with ICT goods exports representing a minimal share of total goods exports. These findings underscore Togo's need to diversify its export base, enhance its competitiveness in key sectors, and prioritize technological advancements to drive economic growth and sustainability.
Merchandise Exports
1. Merchandise exports (current US$): Togo's merchandise exports amount to $1,207,000,000, ranking 143rd out of 187 countries. This value is significantly below the average merchandise export value of $89,542,711,229. Togo's performance in this area is relatively low compared to the other countries included in the data.
2. Agricultural raw materials exports (% of merchandise exports): Togo's export of agricultural raw materials accounts for 8.59% of its total merchandise exports. This ranks Togo 13th out of 151 countries, showcasing a strong performance well above the average of 2.97%. Togo excels in this particular export category compared to the other countries in the dataset.
3. Food exports (% of merchandise exports): Togo's food exports represent 26.02% of its total merchandise exports, ranking 49th out of 152 countries. This percentage is slightly above the average of 24.06%. Togo's performance in food exports is competitive compared to its counterparts.
4. Fuel exports (% of merchandise exports): Togo's fuel exports constitute 2.35% of its total merchandise exports, placing it 86th out of 147 countries. This figure is significantly below the average of 13.70%. Togo has room for improvement in enhancing its fuel export sector compared to other nations.
5. Ores and metals exports (% of merchandise exports): Togo's ores and metals exports make up 12.39% of its total merchandise exports, ranking 28th out of 152 countries. This percentage surpasses the average of 9.10%, indicating Togo performs relatively well in this category compared to other countries.
6. Merchandise exports by the reporting economy, residual (% of total merchandise exports): Togo's residual merchandise exports account for only 0.01% of its total merchandise exports, placing it 134th out of 166 countries. This value is significantly below the average of 3.20%. Togo's performance in this area is relatively weaker compared to the rest of the countries in the dataset.
Summary
Togo demonstrates strengths in exporting agricultural raw materials and food products, outperforming global averages in these categories. However, the country lags behind in merchandise exports overall, particularly in fuel exports and residual merchandise. Improving performance in these weaker areas could help Togo diversify its export base, increase revenue, and enhance economic stability by reducing dependency on a few key export sectors.
Technology Exports
For Manufactures exports, Togo's value of 50.66% is above the average of 42.62%. Togo ranks 64 out of 152 countries in this attribute.
High-technology exports in Togo amount to $915,082, significantly below the average of $16,655,934,079. Focus country ranks 139 out of 151 countries.
Togo's High-technology exports (% of manufactured exports) is at 0.24%, far below the average of 10.15%. Togo ranks 147 out of 150 countries in this attribute.
Summary
Togo performs well in Manufactures exports compared to the average, ranking 64 out of 152 countries. However, the country significantly lags behind in High-technology exports and High-technology exports (% of manufactured exports), ranking 139 out of 151 and 147 out of 150 countries respectively. These indicators are crucial as they highlight Togo's potential in traditional manufacturing sectors but also underscore the urgent need for technological advancement and diversification in its exports to remain competitive in the global economy.
Service Exports
Togo's service exports amount to $514,115,544.60, which is significantly below the average of $28,917,292,503.82, ranking 123 out of 171 countries.
Togo's ICT service exports total $35,854,472.61, much lower than the average of $4,578,501,153.77, placing the country at 116 out of 166 in the dataset.
The percentage of ICT service exports compared to total service exports in Togo is 6.92%, below the average of 11.75%, positioning Togo at the 98th rank out of 166 countries.
Togo's communication, computer, and related services as a percentage of total service exports stand at 43.35%, slightly below the average of 45.85%, ranking Togo at 92 out of 169 countries.
Transport services represent 35.29% of Togo's service exports, notably higher than the average of 21.80%, placing Togo at the 31st rank out of 169 countries.
Togo's travel services as a percentage of service exports amount to 14.98%, below the average of 26.40%, and positioning Togo at the 98th rank out of 167 countries.
Insurance and financial services make up 6.38% of Togo's service exports, slightly below the average of 6.46%, ranking Togo at 53 out of 161 countries.
Summary
Togo's service exports are below average in most categories, indicating potential areas for growth and improvement in diversifying its service sector. The country's lower rankings in ICT and communication services highlight the need for investment and development in these key sectors to enhance competitiveness globally. Furthermore, the high proportion of transport services in Togo's export mix suggests a strength in this area that could be further leveraged for economic growth and trade partnerships.
Commercial Service Exports
In terms of Commercial service exports (current US$), Togo's value of $479,011,303.29 is significantly below the average of $28,508,218,402.80, ranking 122 out of 171 countries in the dataset.
For Travel services (% of commercial service exports), Togo's value of 16.07% is below the average of 27.89%, placing it at rank 100 out of 167 countries.
Regarding Computer, communications and other services (% of commercial service exports), Togo's value of 39.20% is slightly below the average of 42.44%, ranking 96 out of 169 countries.
Togo's value of 6.85% for Insurance and financial services (% of commercial service exports) is slightly below the average of 6.97%, earning it a rank of 52 out of 161 countries.
For Transport services (% of commercial service exports), Togo stands out with a value of 37.88%, significantly above the average of 23.37%, ranking 34 out of 169 countries in the dataset.
Summary
Togo's commercial service exports are generally below average compared to other countries in the dataset, with particularly low percentages in Travel services and Computer, communications, and other services. However, Togo excels in Transport services, with a percentage well above the average. These indicators are crucial for understanding Togo's economic structure and can highlight areas for potential growth and improvement in the country's service sector.
Broad Import Attributes
Imports of goods and services (current US$): Togo's value of 2,395,207,645.81 is significantly below the average of 126,191,355,599.06. Togo ranks 134 out of 163 countries in this attribute.
Imports of goods and services (% of GDP): Togo's value of 31.99% is below the average of 44.15%. Togo ranks 105 out of 163 countries in this attribute.
ICT goods imports (% total goods imports): Togo's value of 3.06% is below the average of 6.85%. Togo ranks 115 out of 143 countries in this attribute.
Goods imports (BoP, current US$): Togo's value of 1,951,337,517.72 is significantly below the average of 92,007,788,027.17. Togo ranks 139 out of 171 countries in this attribute.
Imports of goods and services (BoP, current US$): Togo's value of 2,389,189,484.40 is significantly below the average of 120,321,577,988.12. Togo ranks 141 out of 170 countries in this attribute.
Imports of goods, services and primary income (BoP, current US$): Togo's value of 2,630,262,510.70 is significantly below the average of 144,514,428,722.28. Togo ranks 141 out of 170 countries in this attribute.
Summary
Togo's import figures across various categories are consistently below the global averages, leading to lower rankings compared to other countries. This indicates a potential lack of diversification in the economy and a reliance on external sources for goods and services. Addressing this issue is crucial for Togo's economic development and resilience, as it can help reduce dependency and boost domestic production capabilities.
Merchandise Imports
Merchandise imports in Togo amount to $2.25 billion. This is significantly below the average of $89.39 billion, ranking Togo 144th out of 190 countries.
Manufactures imports account for 69.41% of Togo's merchandise imports, slightly above the average of 66.76%. Togo ranks 61st out of 152 countries in this category.
Togo's imports of agricultural raw materials represent 1.35% of its merchandise imports, slightly above the average of 1.27%. Togo ranks 57th out of 152 countries.
Food imports make up 17.43% of Togo's merchandise imports, surpassing the average of 15.89%. Togo ranks 53rd out of 152 countries.
Fuel imports constitute 10.90% of Togo's merchandise imports, slightly below the average of 11.38%. Togo ranks 77th out of 152 countries.
Ores and metals imports make up 0.91% of Togo's merchandise imports, significantly below the average of 2.57%. Togo ranks 121st out of 152 countries.
Merchandise imports by the reporting economy, residual, accounts for 0.65% of Togo's total merchandise imports, significantly below the average of 2.51%. Togo ranks 76th out of 180 countries in this attribute.
Summary
Togo's merchandise imports amount to $2.25 billion, ranking the country 144th out of 190 countries globally. The composition of imports in Togo shows a higher emphasis on manufactured goods and food imports compared to the global average, while imports of ores and metals are significantly lower than average. These findings are important as they indicate Togo's dependence on manufactured products and food items, potentially highlighting areas for domestic production growth and import substitution policies to enhance economic self-sufficiency and reduce external vulnerabilities.
Service Imports
Service imports (BoP, current US$): Togo's service imports amount to $437,851,966.69, significantly below the average of $27,615,356,170.47. Togo ranks 147th out of 171 countries in this attribute.
Communications, computer, etc. (% of service imports, BoP): Togo's percentage of service imports in this category is 15.33%, which is below the average of 44.40%. Togo ranks 158th out of 169 countries in this attribute.
Transport services (% of service imports, BoP): Togo allocates 67.37% of its service imports to transport services, well above the average of 32.90%. Togo ranks 5th out of 169 countries in this attribute.
Travel services (% of service imports, BoP): Togo's expenditure on travel services stands at 5.21%, lower than the average of 14.14%. Togo ranks 134th out of 169 countries in this attribute.
Insurance and financial services (% of service imports, BoP): Togo dedicates 12.08% of service imports to insurance and financial services, surpassing the average of 8.53%. Togo ranks 36th out of 169 countries in this attribute.
Summary
Togo's macroeconomic indicators reveal a significant focus on transport services, allocating 67.37% of service imports to this sector, well above the global average. This strategic allocation positions Togo as the 5th country out of 169 in this attribute. However, Togo lags behind in other sectors such as communications and travel services. These findings are crucial as they highlight Togo's strengths and weaknesses in different service import categories, indicating where the country may need to enhance its competitiveness and efficiency.
Commercial Service Imports
Analysis of key statistics for Togo in comparison to the global average:
- Commercial service imports (current US$): Togo's value of 435,353,417.40 is significantly below the average of $27,102,746,128.60, ranking 147th out of 171 countries.
- Computer, communications and other services (% of commercial service imports): Togo's value of 14.85% is below the average of 41.71%, ranking 152nd out of 169 countries.
- Insurance and financial services (% of commercial service imports): Togo's value of 12.15% is above the average of 8.85%, ranking 38th out of 169 countries.
- Transport services (% of commercial service imports): Togo's value of 67.76% is significantly above the average of 34.71%, ranking 9th out of 169 countries.
- Travel services (% of commercial service imports): Togo's value of 5.24% is below the average of 14.73%, ranking 134th out of 169 countries.
Summary
When compared to the global average, Togo's commercial service imports are significantly lower, ranking 147th out of 171 countries. Togo's reliance on transport services (% of commercial service imports) is particularly high, ranking 9th globally. While Togo's insurance and financial services (% of commercial service imports) exceed the average, its allocation towards computer, communications, and other services lags behind.
These statistics are crucial for understanding Togo's economic structure and trade dynamics. The high emphasis on transport services may indicate a strong need for infrastructure development, while the lower allocation towards technology-related services highlights potential areas for growth and modernization within the economy. Additionally, the above-average focus on insurance and financial services could be a significant sector for further investment and expansion.
Infrastructure
1. Air transport, freight (million ton-km): Togo's value of 9.83 million ton-km is significantly below the average of 1384.37 million ton-km. Togo ranks 78th out of 126 countries in this attribute data.
2. Air transport, registered carrier departures worldwide: With 6191 registered carrier departures, Togo's figure is notably lower than the average of 134365.61 departures. Togo holds the 98th rank out of 149 countries in this dataset.
3. Air transport, passengers carried: Togo's 320806 passengers carried stands well below the average of 11848242.70 passengers. In this aspect, Togo ranks 101st out of 149 countries.
4. Container port traffic (TEU: 20 foot equivalent units): Togo's container port traffic of 1725270 TEUs is below the average of 6907110.27 TEUs. Togo is ranked 46th out of 110 countries regarding this metric.
Summary
Togo's key macroeconomic indicators in air transport and container port traffic consistently show figures significantly below global averages, leading to low rankings when compared to other countries. These statistics are important as they reflect Togo's limited integration into global air transport networks and maritime trade routes, which can impact its economic competitiveness, international connectivity, and potential for trade and investment opportunities. Addressing infrastructure and logistical challenges in these sectors could potentially enhance Togo's connectivity, trade facilitation, and overall economic development.
Information Technology Infrastructure
For Secure Internet servers, Togo has 219 servers, which is significantly below the average of 458,294. Togo ranks 149th out of 193 countries in this attribute.
Togo has 25.94 secure internet servers per 1 million people, much lower than the average of 14,067. Togo ranks 164th out of 193 countries in this aspect.
With only 29.08% of its population using the internet, Togo falls short of the average of 64.77%. Togo ranks 152nd out of 180 countries in this metric.
The country has 52,706 fixed broadband subscriptions, significantly lower than the average of 6,591,956. Togo ranks 134th out of 185 countries in fixed broadband subscriptions.
Togo's 6,516,510 mobile cellular subscriptions are well below the average of 42,526,464. Togo ranks 110th out of 193 countries in mobile cellular subscriptions.
Summary
Togo lags behind global averages in key digital infrastructure metrics such as secure internet servers, secure internet servers per 1 million people, internet usage rate, fixed broadband subscriptions, and mobile cellular subscriptions. These deficiencies indicate a significant digital divide and limited access to online resources and communication tools for the population. Improving these indicators is crucial for Togo's socioeconomic development as they directly impact sectors such as education, healthcare, business, and overall connectivity with the global community.
Energy Consumption
Togo's renewable energy consumption accounts for 76.62% of its total final energy consumption, placing it at rank 22 out of 191 countries. This is significantly higher than the attribute average of 32.18%.
Regarding CO2 emissions, Togo emits 2415.1kt of CO2, ranking 144 out of 188 countries. This value is notably below the attribute average of 171895.94kt.
Summary
Togo demonstrates a strong commitment to renewable energy, with 76.62% of its total final energy consumption coming from renewable sources, far exceeding the global average of 32.18%. This positions Togo favorably at 22nd place out of 191 countries. Additionally, Togo's low CO2 emissions of 2415.1kt, ranking 144th out of 188 countries, showcase its environmentally conscious approach. These indicators highlight Togo's proactive stance towards sustainability and environmental responsibility, indicating potential for continued economic development with a focus on green initiatives.
Government Balance Sheet
Analysis of Reserves and related items (BoP, current US$) in Togo: Togo's value for this attribute is 74,887,848.72, which is significantly below the attribute average of 1,924,407,186.58. Togo ranks 77 out of 171 countries for this statistic.
Summary
Togo's reserves and related items (BoP, current US$) amount to 74,887,848.72, a value significantly lower than the attribute average of 1,924,407,186.58. This places Togo at the 77th position out of 171 countries for this statistic. The lower reserve level indicates potential vulnerabilities in Togo's economy, such as limited financial stability, reduced ability to withstand economic shocks, and potentially restricted capacity for investments or imports.
Taxes
Togo's applied weighted mean tariff rate for all products is 10.98%, which is higher than the average rate of 5.21%. This places Togo at the 21st rank out of 153 countries included in the data.
Summary
Togo has an applied weighted mean tariff rate for all products of 10.98%, exceeding the global average of 5.21%. This places Togo at the 21st rank out of 153 countries analyzed. This higher tariff rate suggests that Togo may be protecting its domestic industries by imposing higher taxes on imported goods, potentially impacting its trade relationships and economic growth.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Agricultural raw materials exports (% of merchandise exports) | 13/151 |
| Transport services (% of service imports, BoP) | 5/169 |
| Transport services (% of commercial service imports) | 9/169 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Fertilizer consumption (kilograms per hectare of arable land) | 172/187 |
| Charges for the use of intellectual property, receipts (BoP, current US$) | 120/122 |
| Researchers in R&D (per million people) | 70/72 |
| GDP per capita, PPP (current international $) | 165/181 |
| GNI per capita, PPP (current international $) | 163/181 |
| Foreign direct investment, net outflows (% of GDP) | 141/155 |
| High-technology exports (current US$) | 139/151 |
| High-technology exports (% of manufactured exports) | 147/150 |
| Communications, computer, etc. (% of service imports, BoP) | 158/169 |