External balance on goods and services in Togo
Togo: External balance on goods and services was -597.69 billion constant LCU in 2023. ▼ Falling
External balance on goods and services in Togo, 2016–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for external balance on goods and services in Togo is -597.69 billion constant LCU, measured in 2023.
The figure is up 5.7% on the previous year and down 28.0% over ten years.
Togo ranks 130th of 161 countries on this measure, in the bottom quarter.
External balance on goods and services in Togo, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2016 | -467.07 billion constant LCU | — |
| 2017 | -293.36 billion constant LCU | -37.2% |
| 2018 | -354.96 billion constant LCU | +21.0% |
| 2019 | -363.38 billion constant LCU | +2.4% |
| 2020 | -405.62 billion constant LCU | +11.6% |
| 2021 | -481.98 billion constant LCU | +18.8% |
| 2022 | -633.58 billion constant LCU | +31.5% |
| 2023 | -597.69 billion constant LCU | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -369.69 billion constant LCU | -467.07 billion constant LCU | -293.36 billion constant LCU | 4 |
| 2020s | -529.72 billion constant LCU | -633.58 billion constant LCU | -405.62 billion constant LCU | 4 |
Countries ranked near Togo
- 127 Sri Lanka -324.83 billion constant LCU compare
- 128 Niger -375.80 billion constant LCU compare
- 129 Afghanistan -530.23 billion constant LCU
- 131 Kyrgyzstan -636.54 billion constant LCU compare
- 132 Serbia -669.20 billion constant LCU
- 133 Kenya -798.44 billion constant LCU 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)
- Net primary income (Net income from abroad) (current LCU), annual 6.97 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 8.36 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0909 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 115.05 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 8.32 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 55.1 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 69,762 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0013 (2025)
Frequently asked questions
- What is external balance on goods and services in Togo?
- External balance on goods and services in Togo was -597.69 billion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Togo?
- The highest recorded value was -293.36 billion constant LCU in 2017.
- What is the lowest external balance on goods and services recorded in Togo?
- The lowest recorded value was -633.58 billion constant LCU in 2022.
- How does Togo rank for external balance on goods and services?
- Togo ranks 130th out of 161 countries with data for 2023.
- Is external balance on goods and services rising or falling in Togo?
- Over the last ten years it is down 28.0%. The long-run trend across the full record is falling.
- 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 External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.