Final consumption expenditure in Togo
Togo: Final consumption expenditure was 4.45 trillion constant LCU in 2023. ◆ Volatile
Final consumption expenditure in Togo, 1965–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for final consumption expenditure in Togo is 4.45 trillion constant LCU, measured in 2023. 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 4.45 trillion constant LCU in 2023 and was at its lowest, 504.86 billion constant LCU, in 1965.
Togo ranks 50th of 177 countries on this measure, in the middle of the range.
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 LCU | Change |
|---|---|---|
| 1965 | 504.86 billion constant LCU | — |
| 1966 | 603.24 billion constant LCU | +19.5% |
| 1967 | 664.66 billion constant LCU | +10.2% |
| 1968 | 715.32 billion constant LCU | +7.6% |
| 1969 | 765.42 billion constant LCU | +7.0% |
| 1970 | 800.34 billion constant LCU | +4.6% |
| 1971 | 533.20 billion constant LCU | -33.4% |
| 1972 | 585.39 billion constant LCU | +9.8% |
| 1973 | 624.49 billion constant LCU | +6.7% |
| 1974 | 686.71 billion constant LCU | +10.0% |
| 1975 | 601.76 billion constant LCU | -12.4% |
| 1976 | 842.39 billion constant LCU | +40.0% |
| 1977 | 866.17 billion constant LCU | +2.8% |
| 1978 | 817.00 billion constant LCU | -5.7% |
| 1979 | 896.16 billion constant LCU | +9.7% |
| 1980 | 922.84 billion constant LCU | +3.0% |
| 1981 | 967.26 billion constant LCU | +4.8% |
| 1982 | 1.02 trillion constant LCU | +5.9% |
| 1983 | 945.01 billion constant LCU | -7.7% |
| 1984 | 1.08 trillion constant LCU | +13.9% |
| 1985 | 1.22 trillion constant LCU | +13.4% |
| 1986 | 1.18 trillion constant LCU | -3.6% |
| 1987 | 1.13 trillion constant LCU | -4.2% |
| 1988 | 1.28 trillion constant LCU | +13.4% |
| 1989 | 1.32 trillion constant LCU | +3.2% |
| 1990 | 1.28 trillion constant LCU | -2.7% |
| 1991 | 1.36 trillion constant LCU | +6.1% |
| 1992 | 1.40 trillion constant LCU | +2.5% |
| 1993 | 1.12 trillion constant LCU | -19.9% |
| 1994 | 1.17 trillion constant LCU | +4.9% |
| 1995 | 1.28 trillion constant LCU | +8.8% |
| 1996 | 1.59 trillion constant LCU | +24.5% |
| 1997 | 1.70 trillion constant LCU | +6.9% |
| 1998 | 1.82 trillion constant LCU | +6.9% |
| 1999 | 1.83 trillion constant LCU | +0.9% |
| 2000 | 1.79 trillion constant LCU | -2.1% |
| 2001 | 1.83 trillion constant LCU | +1.9% |
| 2002 | 1.87 trillion constant LCU | +2.5% |
| 2003 | 1.97 trillion constant LCU | +5.3% |
| 2004 | 1.94 trillion constant LCU | -1.5% |
| 2005 | 1.90 trillion constant LCU | -2.4% |
| 2006 | 1.99 trillion constant LCU | +4.9% |
| 2007 | 2.08 trillion constant LCU | +4.7% |
| 2008 | 2.20 trillion constant LCU | +5.6% |
| 2009 | 2.36 trillion constant LCU | +7.2% |
| 2010 | 2.46 trillion constant LCU | +4.2% |
| 2011 | 2.59 trillion constant LCU | +5.4% |
| 2012 | 2.66 trillion constant LCU | +2.7% |
| 2013 | 2.80 trillion constant LCU | +5.3% |
| 2014 | 2.93 trillion constant LCU | +4.5% |
| 2015 | 3.12 trillion constant LCU | +6.6% |
| 2016 | 3.34 trillion constant LCU | +7.0% |
| 2017 | 3.40 trillion constant LCU | +1.8% |
| 2018 | 3.53 trillion constant LCU | +3.8% |
| 2019 | 3.70 trillion constant LCU | +4.8% |
| 2020 | 3.75 trillion constant LCU | +1.5% |
| 2021 | 3.91 trillion constant LCU | +4.0% |
| 2022 | 4.14 trillion constant LCU | +6.1% |
| 2023 | 4.45 trillion constant LCU | +7.4% |
Togo compared with similar countries
- Togo's 4.45 trillion constant LCU is above the median for lower middle income countries, which is 679.34 billion constant LCU, 6.6× the median. (44 countries reporting)
- Togo's 4.45 trillion constant LCU is above the median for Sub-Saharan Africa, which is 2.69 trillion constant LCU, 1.7× the median. (45 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% | 800.34 billion constant LCU | 533.20 billion constant LCU |
| 1976 | +40.0% | 601.76 billion constant LCU | 842.39 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 650.70 billion constant LCU | 504.86 billion constant LCU | 765.42 billion constant LCU | 5 |
| 1970s | 725.36 billion constant LCU | 533.20 billion constant LCU | 896.16 billion constant LCU | 10 |
| 1980s | 1.11 trillion constant LCU | 922.84 billion constant LCU | 1.32 trillion constant LCU | 10 |
| 1990s | 1.45 trillion constant LCU | 1.12 trillion constant LCU | 1.83 trillion constant LCU | 10 |
| 2000s | 1.99 trillion constant LCU | 1.79 trillion constant LCU | 2.36 trillion constant LCU | 10 |
| 2010s | 3.05 trillion constant LCU | 2.46 trillion constant LCU | 3.70 trillion constant LCU | 10 |
| 2020s | 4.06 trillion constant LCU | 3.75 trillion constant LCU | 4.45 trillion constant LCU | 4 |
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)
- 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 4.45 trillion constant LCU 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 4.45 trillion constant LCU in 2023.
- What is the lowest final consumption expenditure recorded in Togo?
- The lowest recorded value was 504.86 billion constant LCU in 1965.
- How does Togo rank for final consumption expenditure?
- Togo ranks 50th out of 177 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 LCU). 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 varies by country. This series is expressed in local currency units.