Low income vs Togo: Insurance and financial services

Low income
6.6%
in 2022
Togo
12.1%
in 2020
Low income rank
31st
Togo rank
31st

Insurance and financial services over time

  • Low income
  • Togo
57.51012.515197419982022

How they compare

Togo currently reports 12.1% against 6.6% in Low income, a difference of 5.5%.

That makes Togo's figure about 1.8 times Low income's.

Across all 16 years both countries report, Togo has been ahead every year.

Low income ranks 31st and Togo ranks 31st of 47 groups.

Togo has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Low income Togo Difference Ahead
2000s 6.6% 11.3% 4.7% Togo
2010s 6.6% 10.4% 3.8% Togo
2020s 6.8% 12.1% 5.3% Togo

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Low income or Togo?
Togo, at 12.1% against 6.6% in Low income as of 2020.
What is the difference in insurance and financial services between Low income and Togo?
5.5%, with Togo ahead.
How many years of comparable data are there for Low income and Togo?
16 years are reported by both, from 2005 to 2020.
How do Low income and Togo rank globally for insurance and financial services?
Low income ranks 31st and Togo ranks 31st of 47 groups.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of service imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Low income vs Togo: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/low-income/togo/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 data points, 1960–2025
Last refreshed

Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.