Current account balance as a share of GDP in Togo
Togo: Current account balance as a share of GDP was -0.3% in 2020. ▲ Rising
Current account balance as a share of GDP in Togo, 2000–2020
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Togo recorded -0.3% for current account balance as a share of gdp in 2020. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 64.6% on the previous year and up 93.3% over ten years.
Over the whole period, current account balance as a share of gdp in Togo peaked at -0.3% in 2020 and was at its lowest, -9.4%, in 2013.
Togo ranks 84th of 193 countries on this measure, 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 share of GDP in Togo, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -6.6% | — |
| 2001 | -8.1% | +21.8% |
| 2002 | -5.8% | -28.1% |
| 2003 | -5.4% | -6.7% |
| 2004 | -6.5% | +19.5% |
| 2005 | -6.3% | -2.5% |
| 2006 | -5.3% | -16.1% |
| 2007 | -5.8% | +8.3% |
| 2008 | -4.9% | -15.3% |
| 2009 | -3.8% | -22.8% |
| 2010 | -4.2% | +12.0% |
| 2011 | -5.6% | +32.3% |
| 2012 | -5.4% | -2.5% |
| 2013 | -9.4% | +73.8% |
| 2014 | -7.2% | -24.0% |
| 2015 | -8.0% | +11.7% |
| 2016 | -7.2% | -10.2% |
| 2017 | -1.5% | -79.0% |
| 2018 | -2.6% | +74.2% |
| 2019 | -0.8% | -70.0% |
| 2020 | -0.3% | -64.6% |
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
- 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)
- Services, value added (constant LCU), per capita 398,077 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 0.8489 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 26.53 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,426 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 21.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 599.69 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 829,903 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Togo?
- Current account balance as a share of gdp in Togo was -0.3% in 2020, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Togo?
- The highest recorded value was -0.3% in 2020.
- What is the lowest current account balance as a share of gdp recorded in Togo?
- The lowest recorded value was -9.4% in 2013.
- How does Togo rank for current account balance as a share of gdp?
- Togo ranks 84th out of 193 countries with data for 2020.
- Is current account balance as a share of gdp rising or falling in Togo?
- Over the last ten years it is up 93.3%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).