Adjusted savings: gross savings in Togo
Togo: Adjusted savings: gross savings was 22.3% in 2020. ◆ Volatile
Adjusted savings: gross savings in Togo, 1974–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Togo is 22.3%, measured in 2020.
The figure is up 13.1% on the previous year and up 40.6% over ten years.
Over the whole period, adjusted savings: gross savings in Togo peaked at 60.3% in 1974 and was at its lowest, 2.8%, in 1993.
That places Togo 87th out of 178 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Togo, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 60.3% | — |
| 1975 | 23.4% | -61.1% |
| 1976 | 31.2% | +33.3% |
| 1977 | 27.5% | -11.9% |
| 1978 | 44.5% | +61.7% |
| 1979 | 30.2% | -32.2% |
| 1980 | 28.2% | -6.5% |
| 1981 | 20.7% | -26.6% |
| 1982 | 17.0% | -18.2% |
| 1983 | 23.5% | +38.7% |
| 1984 | 18.7% | -20.3% |
| 1985 | 13.9% | -25.9% |
| 1986 | 14.1% | +1.5% |
| 1987 | 13.2% | -6.2% |
| 1988 | 13.2% | +0.0% |
| 1989 | 13.3% | +0.8% |
| 1990 | 21.4% | +60.2% |
| 1991 | 14.3% | -33.1% |
| 1992 | 10.4% | -27.3% |
| 1993 | 2.8% | -72.8% |
| 1994 | 15.0% | +432.8% |
| 1995 | 17.3% | +15.2% |
| 1996 | 12.1% | -30.1% |
| 1997 | 5.3% | -56.6% |
| 1998 | 7.1% | +35.0% |
| 1999 | 5.4% | -23.7% |
| 2000 | 13.8% | +155.1% |
| 2001 | 12.2% | -11.4% |
| 2002 | 16.4% | +33.7% |
| 2003 | 17.7% | +8.5% |
| 2004 | 17.6% | -0.6% |
| 2005 | 12.8% | -27.3% |
| 2006 | 12.1% | -5.5% |
| 2007 | 11.2% | -8.0% |
| 2008 | 12.9% | +16.0% |
| 2009 | 15.9% | +23.2% |
| 2010 | 15.9% | -0.5% |
| 2011 | 16.9% | +6.5% |
| 2012 | 15.7% | -7.1% |
| 2013 | 16.3% | +4.1% |
| 2014 | 17.7% | +8.4% |
| 2015 | 20.5% | +15.8% |
| 2016 | 14.6% | -28.7% |
| 2017 | 17.0% | +16.6% |
| 2018 | 15.5% | -9.3% |
| 2019 | 19.7% | +27.4% |
| 2020 | 22.3% | +13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.2% | 23.4% | 60.3% | 6 |
| 1980s | 17.6% | 13.2% | 28.2% | 10 |
| 1990s | 11.1% | 2.8% | 21.4% | 10 |
| 2000s | 14.3% | 11.2% | 17.7% | 10 |
| 2010s | 17.0% | 14.6% | 20.5% | 10 |
| 2020s | 22.3% | 22.3% | 22.3% | 1 |
Countries ranked near Togo
More economy & growth data for Togo
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.25 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.5 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 7.49 % change on previous year (2023)
- Exports of goods and services (current LCU), per unit of GDP 149.11 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 176,295 current LCU per person (2023)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.3 % change on previous year (2023)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2024 constant 2015 US$ per US$ of GDP (2023)
- Exports of goods and services (constant 2015 US$), per capita 239.34 constant 2015 US$ per person (2023)
- Gross fixed capital formation (current US$), annual growth rate -12.84 % change on previous year (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.2098 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is adjusted savings: gross savings in Togo?
- Adjusted savings: gross savings in Togo was 22.3% in 2020, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Togo?
- The highest recorded value was 60.3% in 1974.
- What is the lowest adjusted savings: gross savings recorded in Togo?
- The lowest recorded value was 2.8% in 1993.
- How does Togo rank for adjusted savings: gross savings?
- Togo ranks 87th out of 178 countries with data for 2020.
- Is adjusted savings: gross savings rising or falling in Togo?
- Over the last ten years it is up 40.6%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.