Annual growth of the gross capital formation in Togo
Togo: Annual growth of the gross capital formation was 14.0% in 2023. ◆ Volatile
Annual growth of the gross capital formation in Togo, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, annual growth of the gross capital formation in Togo stood at 14.0%.
That represents a change of up 198.7% on the previous year and up 6,302.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Togo peaked at 59.4% in 2013 and was at its lowest, -24.0%, in 2005.
Togo ranks 5th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Togo, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.2% | — |
| 2001 | 1.9% | -41.3% |
| 2002 | 8.7% | +363.8% |
| 2003 | 11.1% | +27.4% |
| 2004 | 3.3% | -70.2% |
| 2005 | -24.0% | -825.4% |
| 2006 | -10.9% | -54.5% |
| 2007 | -10.6% | -2.7% |
| 2008 | 0.1% | -101.0% |
| 2009 | -16.8% | -15336.4% |
| 2010 | 27.1% | -262.0% |
| 2011 | 4.4% | -83.8% |
| 2012 | -0.7% | -115.5% |
| 2013 | 59.4% | -8841.2% |
| 2014 | -21.4% | -136.0% |
| 2015 | 26.5% | -223.6% |
| 2016 | 56.8% | +114.6% |
| 2017 | -12.5% | -122.1% |
| 2018 | 17.9% | -242.7% |
| 2019 | 4.3% | -75.9% |
| 2020 | 9.7% | +125.3% |
| 2021 | 14.1% | +45.4% |
| 2022 | 42.2% | +198.7% |
| 2023 | 14.0% | -66.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.4% | -24.0% | 11.1% | 10 |
| 2010s | 16.2% | -21.4% | 59.4% | 10 |
| 2020s | 20.0% | 9.7% | 42.2% | 4 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate -10.26 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.4016 constant 2015 US$ per US$ of GDP (2023)
- Gross capital formation (constant 2015 US$), per capita 474.82 constant 2015 US$ per person (2023)
- Imports of goods and services (current US$), annual growth rate 8.71 % change on previous year (2023)
- Imports of goods and services (current US$), per unit of GDP 0.3535 current US$ per US$ of GDP (2023)
- Imports of goods and services (current US$), per capita 417.92 current US$ per person (2023)
- Imports of goods and services (current LCU), annual growth rate 5.71 % change on previous year (2023)
- Imports of goods and services (current LCU), per unit of GDP 214.41 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is annual growth of the gross capital formation in Togo?
- Annual growth of the gross capital formation in Togo was 14.0% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Togo?
- The highest recorded value was 59.4% in 2013.
- What is the lowest annual growth of the gross capital formation recorded in Togo?
- The lowest recorded value was -24.0% in 2005.
- How does Togo rank for annual growth of the gross capital formation?
- Togo ranks 5th out of 167 countries with data for 2023.
- Is annual growth of the gross capital formation rising or falling in Togo?
- Over the last ten years it is up 6,302.9%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).