External balance on goods and services in Togo
Togo: External balance on goods and services was -634.91 billion current LCU in 2023. ◆ Volatile
External balance on goods and services in Togo, 1963–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Togo recorded -634.91 billion current LCU for external balance on goods and services in 2023. That is the lowest value across all 61 years on record.
That represents a change of down 1.9% on the previous year and down 53.3% over ten years.
Over the whole period, external balance on goods and services in Togo peaked at 33.52 billion current LCU in 1974 and was at its lowest, -634.91 billion current LCU, in 2023.
That places Togo 158th out of 192 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.51 billion current LCU | -4.74 billion current LCU | 1.84 billion current LCU | 7 |
| 1970s | -24.83 billion current LCU | -78.47 billion current LCU | 33.52 billion current LCU | 10 |
| 1980s | -46.75 billion current LCU | -68.82 billion current LCU | -3.39 billion current LCU | 10 |
| 1990s | -75.96 billion current LCU | -126.89 billion current LCU | -38.29 billion current LCU | 10 |
| 2000s | -185.20 billion current LCU | -238.01 billion current LCU | -127.11 billion current LCU | 10 |
| 2010s | -370.63 billion current LCU | -534.46 billion current LCU | -266.47 billion current LCU | 10 |
| 2020s | -530.40 billion current LCU | -634.91 billion current LCU | -384.58 billion current LCU | 4 |
Countries ranked near Togo
More economy & growth data for Togo
- External balance on goods and services as a percent of GDP -10.8% (2023)
- Inflation of consumer prices 0.4% (2025)
- GDP per capita 1,096 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.4% (2024)
- Gross domestic product (GDP) 9.42 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,096 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 405.40 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 668.60 million current US$ (2024)
- Taxes less subsidies on products 586.46 billion current LCU (2024)
Frequently asked questions
- What is external balance on goods and services in Togo?
- External balance on goods and services in Togo was -634.91 billion current 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 33.52 billion current LCU in 1974.
- What is the lowest external balance on goods and services recorded in Togo?
- The lowest recorded value was -634.91 billion current LCU in 2023.
- How does Togo rank for external balance on goods and services?
- Togo ranks 158th out of 192 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 53.3%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 61 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.