Final consumption expenditure in Togo
Togo: Final consumption expenditure was 7.43 billion constant 2015 US$ in 2023. ◆ Volatile
Final consumption expenditure in Togo, 1965–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2023, final consumption expenditure in Togo stood at 7.43 billion constant 2015 US$. That is the highest value across all 59 years on record.
The figure is up 7.4% on the previous year and up 58.9% over ten years.
Over the whole period, final consumption expenditure in Togo peaked at 7.43 billion constant 2015 US$ in 2023 and was at its lowest, 843.11 million constant 2015 US$, in 1965.
Togo ranks 144th of 172 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Togo, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1965 | 843.11 million constant 2015 US$ | — |
| 1966 | 1.01 billion constant 2015 US$ | +19.5% |
| 1967 | 1.11 billion constant 2015 US$ | +10.2% |
| 1968 | 1.19 billion constant 2015 US$ | +7.6% |
| 1969 | 1.28 billion constant 2015 US$ | +7.0% |
| 1970 | 1.34 billion constant 2015 US$ | +4.6% |
| 1971 | 890.43 million constant 2015 US$ | -33.4% |
| 1972 | 977.58 million constant 2015 US$ | +9.8% |
| 1973 | 1.04 billion constant 2015 US$ | +6.7% |
| 1974 | 1.15 billion constant 2015 US$ | +10.0% |
| 1975 | 1.00 billion constant 2015 US$ | -12.4% |
| 1976 | 1.41 billion constant 2015 US$ | +40.0% |
| 1977 | 1.45 billion constant 2015 US$ | +2.8% |
| 1978 | 1.36 billion constant 2015 US$ | -5.7% |
| 1979 | 1.50 billion constant 2015 US$ | +9.7% |
| 1980 | 1.54 billion constant 2015 US$ | +3.0% |
| 1981 | 1.62 billion constant 2015 US$ | +4.8% |
| 1982 | 1.71 billion constant 2015 US$ | +5.9% |
| 1983 | 1.58 billion constant 2015 US$ | -7.7% |
| 1984 | 1.80 billion constant 2015 US$ | +13.9% |
| 1985 | 2.04 billion constant 2015 US$ | +13.4% |
| 1986 | 1.97 billion constant 2015 US$ | -3.6% |
| 1987 | 1.88 billion constant 2015 US$ | -4.2% |
| 1988 | 2.14 billion constant 2015 US$ | +13.4% |
| 1989 | 2.20 billion constant 2015 US$ | +3.2% |
| 1990 | 2.15 billion constant 2015 US$ | -2.7% |
| 1991 | 2.28 billion constant 2015 US$ | +6.1% |
| 1992 | 2.33 billion constant 2015 US$ | +2.5% |
| 1993 | 1.87 billion constant 2015 US$ | -19.9% |
| 1994 | 1.96 billion constant 2015 US$ | +4.9% |
| 1995 | 2.13 billion constant 2015 US$ | +8.8% |
| 1996 | 2.65 billion constant 2015 US$ | +24.5% |
| 1997 | 2.84 billion constant 2015 US$ | +6.9% |
| 1998 | 3.03 billion constant 2015 US$ | +6.9% |
| 1999 | 3.06 billion constant 2015 US$ | +0.9% |
| 2000 | 2.99 billion constant 2015 US$ | -2.1% |
| 2001 | 3.05 billion constant 2015 US$ | +1.9% |
| 2002 | 3.13 billion constant 2015 US$ | +2.5% |
| 2003 | 3.29 billion constant 2015 US$ | +5.3% |
| 2004 | 3.24 billion constant 2015 US$ | -1.5% |
| 2005 | 3.17 billion constant 2015 US$ | -2.4% |
| 2006 | 3.32 billion constant 2015 US$ | +4.9% |
| 2007 | 3.48 billion constant 2015 US$ | +4.7% |
| 2008 | 3.67 billion constant 2015 US$ | +5.6% |
| 2009 | 3.94 billion constant 2015 US$ | +7.2% |
| 2010 | 4.10 billion constant 2015 US$ | +4.2% |
| 2011 | 4.32 billion constant 2015 US$ | +5.4% |
| 2012 | 4.44 billion constant 2015 US$ | +2.7% |
| 2013 | 4.68 billion constant 2015 US$ | +5.3% |
| 2014 | 4.89 billion constant 2015 US$ | +4.5% |
| 2015 | 5.21 billion constant 2015 US$ | +6.6% |
| 2016 | 5.58 billion constant 2015 US$ | +7.0% |
| 2017 | 5.68 billion constant 2015 US$ | +1.8% |
| 2018 | 5.89 billion constant 2015 US$ | +3.8% |
| 2019 | 6.18 billion constant 2015 US$ | +4.8% |
| 2020 | 6.27 billion constant 2015 US$ | +1.5% |
| 2021 | 6.52 billion constant 2015 US$ | +4.0% |
| 2022 | 6.92 billion constant 2015 US$ | +6.1% |
| 2023 | 7.43 billion constant 2015 US$ | +7.4% |
Togo compared with similar countries
- Togo's 7.43 billion constant 2015 US$ is below the median for lower middle income countries, which is 16.69 billion constant 2015 US$, 45% of the median. (43 countries reporting)
- Togo's 7.43 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 13.32 billion constant 2015 US$, 56% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure in Togo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | -33.4% | 1.34 billion constant 2015 US$ | 890.43 million constant 2015 US$ |
| 1976 | +40.0% | 1.00 billion constant 2015 US$ | 1.41 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.09 billion constant 2015 US$ | 843.11 million constant 2015 US$ | 1.28 billion constant 2015 US$ | 5 |
| 1970s | 1.21 billion constant 2015 US$ | 890.43 million constant 2015 US$ | 1.50 billion constant 2015 US$ | 10 |
| 1980s | 1.85 billion constant 2015 US$ | 1.54 billion constant 2015 US$ | 2.20 billion constant 2015 US$ | 10 |
| 1990s | 2.43 billion constant 2015 US$ | 1.87 billion constant 2015 US$ | 3.06 billion constant 2015 US$ | 10 |
| 2000s | 3.33 billion constant 2015 US$ | 2.99 billion constant 2015 US$ | 3.94 billion constant 2015 US$ | 10 |
| 2010s | 5.10 billion constant 2015 US$ | 4.10 billion constant 2015 US$ | 6.18 billion constant 2015 US$ | 10 |
| 2020s | 6.79 billion constant 2015 US$ | 6.27 billion constant 2015 US$ | 7.43 billion constant 2015 US$ | 4 |
Countries ranked near Togo
- 141 Gabon 7.81 billion constant 2015 US$ compare
- 142 Brunei 7.71 billion constant 2015 US$ compare
- 143 Mauritania 7.48 billion constant 2015 US$ compare
- 145 Congo 6.59 billion constant 2015 US$ compare
- 146 Montenegro 6.20 billion constant 2015 US$ compare
- 147 Burundi 4.10 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -73.35 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0069 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -8.73 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 83.75 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0079 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 9.96 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 19.6 % change on previous year (2023)
Frequently asked questions
- What is final consumption expenditure in Togo?
- Final consumption expenditure in Togo was 7.43 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Togo?
- The highest recorded value was 7.43 billion constant 2015 US$ in 2023.
- What is the lowest final consumption expenditure recorded in Togo?
- The lowest recorded value was 843.11 million constant 2015 US$ in 1965.
- How does Togo rank for final consumption expenditure?
- Togo ranks 144th out of 172 countries with data for 2023.
- Is final consumption expenditure rising or falling in Togo?
- Over the last ten years it is up 58.9%. 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 Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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 is 2015. This indicator is expressed in United States dollars.