Adjusted savings: net national savings in Togo
Togo: Adjusted savings: net national savings was 16.4% in 2020. ◆ Volatile
Adjusted savings: net national savings in Togo, 1974–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Togo is 16.4%, measured in 2020.
The figure is up 21.1% on the previous year and up 103.3% over ten years.
Over the whole period, adjusted savings: net national savings in Togo peaked at 56.2% in 1974 and was at its lowest, -5.0%, in 1993.
Togo ranks 48th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Togo, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 56.2% | — |
| 1975 | 18.8% | -66.5% |
| 1976 | 26.7% | +41.9% |
| 1977 | 22.6% | -15.2% |
| 1978 | 38.6% | +70.5% |
| 1979 | 23.6% | -39.0% |
| 1980 | 20.8% | -11.8% |
| 1981 | 11.5% | -44.8% |
| 1982 | 7.4% | -35.6% |
| 1983 | 13.0% | +75.8% |
| 1984 | 8.2% | -36.5% |
| 1985 | 4.5% | -45.0% |
| 1986 | 5.7% | +26.4% |
| 1987 | 4.9% | -13.8% |
| 1988 | 6.6% | +33.5% |
| 1989 | 6.8% | +3.4% |
| 1990 | 15.6% | +128.4% |
| 1991 | 7.6% | -51.0% |
| 1992 | 4.1% | -46.7% |
| 1993 | -5.0% | -223.6% |
| 1994 | 8.9% | -276.1% |
| 1995 | 11.8% | +33.7% |
| 1996 | 8.3% | -29.9% |
| 1997 | 2.2% | -73.7% |
| 1998 | 3.1% | +43.3% |
| 1999 | 2.0% | -34.4% |
| 2000 | 10.1% | +392.2% |
| 2001 | 8.5% | -15.5% |
| 2002 | 12.9% | +51.7% |
| 2003 | 14.4% | +11.4% |
| 2004 | 14.1% | -2.0% |
| 2005 | 9.0% | -36.1% |
| 2006 | 11.5% | +27.9% |
| 2007 | 7.4% | -36.1% |
| 2008 | 8.3% | +12.3% |
| 2009 | 10.1% | +22.0% |
| 2010 | 8.1% | -20.2% |
| 2011 | 7.6% | -5.3% |
| 2012 | 5.4% | -29.2% |
| 2013 | 7.3% | +34.4% |
| 2014 | 9.3% | +28.5% |
| 2015 | 13.4% | +44.0% |
| 2016 | 7.6% | -43.2% |
| 2017 | 10.3% | +34.6% |
| 2018 | 9.1% | -11.7% |
| 2019 | 13.5% | +49.0% |
| 2020 | 16.4% | +21.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.1% | 18.8% | 56.2% | 6 |
| 1980s | 8.9% | 4.5% | 20.8% | 10 |
| 1990s | 5.9% | -5.0% | 15.6% | 10 |
| 2000s | 10.6% | 7.4% | 14.4% | 10 |
| 2010s | 9.2% | 5.4% | 13.5% | 10 |
| 2020s | 16.4% | 16.4% | 16.4% | 1 |
Countries ranked near Togo
- 45 Paraguay 17.1% compare
- 46 Kazakhstan 17.0% compare
- 47 Ireland 16.7% compare
- 49 Malta 16.3% compare
- 50 Luxembourg 16.2% compare
- 51 Russian Federation 15.9% compare
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)
- Households and NPISHs Final consumption expenditure (current LCU) 10.12 % change on previous year (2023)
- Households and NPISHs Final consumption expenditure (current LCU) 455.13 current LCU per US$ of GDP (2023)
- Households and NPISHs Final consumption expenditure (current LCU) 538,114 current LCU per person (2023)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.02 % change on previous year (2023)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6529 constant 2015 US$ per US$ of GDP (2023)
- Households and NPISHs Final consumption expenditure (constant 2015) 771.99 constant 2015 US$ per person (2023)
- Final consumption expenditure (current US$), annual growth rate 14.16 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.8838 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is adjusted savings: net national savings in Togo?
- Adjusted savings: net national savings in Togo was 16.4% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Togo?
- The highest recorded value was 56.2% in 1974.
- What is the lowest adjusted savings: net national savings recorded in Togo?
- The lowest recorded value was -5.0% in 1993.
- How does Togo rank for adjusted savings: net national savings?
- Togo ranks 48th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Togo?
- Over the last ten years it is up 103.3%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.