Welcome to the price transmission page for Togo. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.
Historic Warnings per Commodity
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The least developed country ranks among the lowest per capita income economies and is highly dependent on commercial and subsistence farming. Its abundant supply of phosphate makes Togo one of the largest producers of this resource. Other natural resources are limestone and marble. Infrastructure investments and foreign aid assistance have been identified as the key drivers for growth in the last years, contributing to a high industrial production growth rate. Government decentralization is declared essential to reduce spatial inequality.
Agriculture represents the backbone of the economy: cocoa, coffee, and cotton generate roughly two-fifths of export revenues and a third of GDP, where the latter one represents the most important cash crop. Half of the land area, which consists of six distinct geographic regions, is used for agriculture. Roughly two-thirds of the labor force is occupied in farming activities, often with the help of children. Despite the economic success of agriculture, basic food stuff must still be imported.
Togo is home to a young, multi-ethnic society with 37 African tribes and with one of the highest population growth rates worldwide. Roughly a third of the population is living below the poverty line of US$1.25 per day with increasing rates moving up north. Togo is a food-deficit country with limited access to clean water. Approximately one in ten faces undernourishment. The low human development country ranks 162 out of 188 countries in the HDI (2014).