Current account balance as a proportion of GDP (%) in Togo
Togo: Current account balance as a proportion of GDP (%) was -0.3% in 2020. ▲ Rising
Current account balance as a proportion of GDP in Togo, 2000–2020
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2020, current account balance as a proportion of gdp in Togo stood at -0.3%. That is the highest value across all 21 years on record.
The figure is up 65.1% on the previous year and up 93.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Togo peaked at -0.3% in 2020 and was at its lowest, -9.4%, in 2013.
That places Togo 88th out of 205 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Current account balance as a proportion of GDP (%) in Togo, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -6.6% | — |
| 2001 | -8.1% | +21.7% |
| 2002 | -5.8% | -28.0% |
| 2003 | -5.4% | -6.6% |
| 2004 | -6.5% | +19.6% |
| 2005 | -6.3% | -2.5% |
| 2006 | -5.3% | -16.1% |
| 2007 | -5.7% | +8.1% |
| 2008 | -4.9% | -15.3% |
| 2009 | -3.8% | -22.8% |
| 2010 | -4.2% | +12.1% |
| 2011 | -5.6% | +32.3% |
| 2012 | -5.4% | -2.5% |
| 2013 | -9.4% | +73.7% |
| 2014 | -7.2% | -24.0% |
| 2015 | -8.0% | +11.7% |
| 2016 | -7.2% | -10.2% |
| 2017 | -1.5% | -79.0% |
| 2018 | -2.6% | +73.8% |
| 2019 | -0.8% | -69.8% |
| 2020 | -0.3% | -65.1% |
Togo compared with similar countries
- Togo's -0.3% is above the median for lower middle income countries, which is -0.8%, 34% of the median. (43 countries reporting)
- Togo's -0.3% is above the median for Sub-Saharan Africa, which is -4.1%, 7% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.8% | -8.1% | -3.8% | 10 |
| 2010s | -5.2% | -9.4% | -0.8% | 10 |
| 2020s | -0.3% | -0.3% | -0.3% | 1 |
Countries ranked near Togo
More economy & growth data for Togo
- Real gdp growth, annual growth rate -1.53 % change on previous year (2023)
- 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)
- SDRs holdings, US dollar, annual growth rate 7.57 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0335 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 46.36 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.43 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0245 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 33.85 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.98 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Togo?
- Current account balance as a proportion of gdp in Togo was -0.3% in 2020, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Togo?
- The highest recorded value was -0.3% in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Togo?
- The lowest recorded value was -9.4% in 2013.
- How does Togo rank for current account balance as a proportion of gdp?
- Togo ranks 88th out of 205 countries with data for 2020.
- Is current account balance as a proportion of gdp rising or falling in Togo?
- Over the last ten years it is up 93.4%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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