Final consumption expenditure in Togo
Togo: Final consumption expenditure was 5.21 trillion current LCU in 2023. ◆ Volatile
Latest (2023)
5.21 trillion current LCU
Change on year
up 11.0%
World rank
67th
of 188 countries
All-time high
5.21 trillion current LCU
in 2023
All-time low
48.34 billion current LCU
in 1963
Years of data
61
1963–2023
Final consumption expenditure in Togo, 1963–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, final consumption expenditure in Togo stood at 5.21 trillion current LCU. That is the highest value across all 61 years on record.
That represents a change of up 11.0% on the previous year and up 90.9% over ten years.
Over the whole period, final consumption expenditure in Togo peaked at 5.21 trillion current LCU in 2023 and was at its lowest, 48.34 billion current LCU, in 1963.
Togo ranks 67th of 188 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 | current LCU | Change |
|---|---|---|
| 1963 | 48.34 billion current LCU | — |
| 1964 | 49.84 billion current LCU | +3.1% |
| 1965 | 53.50 billion current LCU | +7.3% |
| 1966 | 63.97 billion current LCU | +19.6% |
| 1967 | 69.76 billion current LCU | +9.1% |
| 1968 | 73.58 billion current LCU | +5.5% |
| 1969 | 83.60 billion current LCU | +13.6% |
| 1970 | 86.09 billion current LCU | +3.0% |
| 1971 | 97.68 billion current LCU | +13.5% |
| 1972 | 104.20 billion current LCU | +6.7% |
| 1973 | 108.84 billion current LCU | +4.5% |
| 1974 | 124.62 billion current LCU | +14.5% |
| 1975 | 167.18 billion current LCU | +34.1% |
| 1976 | 173.28 billion current LCU | +3.7% |
| 1977 | 215.24 billion current LCU | +24.2% |
| 1978 | 211.89 billion current LCU | -1.6% |
| 1979 | 205.58 billion current LCU | -3.0% |
| 1980 | 265.96 billion current LCU | +29.4% |
| 1981 | 313.90 billion current LCU | +18.0% |
| 1982 | 334.64 billion current LCU | +6.6% |
| 1983 | 355.25 billion current LCU | +6.2% |
| 1984 | 379.88 billion current LCU | +6.9% |
| 1985 | 393.16 billion current LCU | +3.5% |
| 1986 | 432.70 billion current LCU | +10.1% |
| 1987 | 452.05 billion current LCU | +4.5% |
| 1988 | 518.75 billion current LCU | +14.8% |
| 1989 | 562.76 billion current LCU | +8.5% |
| 1990 | 445.41 billion current LCU | -20.9% |
| 1991 | 456.32 billion current LCU | +2.4% |
| 1992 | 449.81 billion current LCU | -1.4% |
| 1993 | 492.90 billion current LCU | +9.6% |
| 1994 | 559.78 billion current LCU | +13.6% |
| 1995 | 667.90 billion current LCU | +19.3% |
| 1996 | 869.70 billion current LCU | +30.2% |
| 1997 | 1.01 trillion current LCU | +16.6% |
| 1998 | 1.17 trillion current LCU | +15.6% |
| 1999 | 1.19 trillion current LCU | +1.8% |
| 2000 | 1.18 trillion current LCU | -0.9% |
| 2001 | 1.24 trillion current LCU | +5.1% |
| 2002 | 1.31 trillion current LCU | +5.0% |
| 2003 | 1.33 trillion current LCU | +2.0% |
| 2004 | 1.26 trillion current LCU | -5.0% |
| 2005 | 1.46 trillion current LCU | +15.5% |
| 2006 | 1.60 trillion current LCU | +9.9% |
| 2007 | 1.69 trillion current LCU | +5.1% |
| 2008 | 1.93 trillion current LCU | +14.5% |
| 2009 | 2.13 trillion current LCU | +10.4% |
| 2010 | 2.24 trillion current LCU | +5.2% |
| 2011 | 2.42 trillion current LCU | +8.0% |
| 2012 | 2.54 trillion current LCU | +5.0% |
| 2013 | 2.73 trillion current LCU | +7.3% |
| 2014 | 2.85 trillion current LCU | +4.3% |
| 2015 | 3.08 trillion current LCU | +8.1% |
| 2016 | 3.34 trillion current LCU | +8.4% |
| 2017 | 3.37 trillion current LCU | +0.8% |
| 2018 | 3.51 trillion current LCU | +4.1% |
| 2019 | 3.68 trillion current LCU | +5.1% |
| 2020 | 3.84 trillion current LCU | +4.2% |
| 2021 | 4.20 trillion current LCU | +9.3% |
| 2022 | 4.70 trillion current LCU | +11.9% |
| 2023 | 5.21 trillion current LCU | +11.0% |
Togo compared with similar countries
- Togo's 5.21 trillion current LCU is above the median for lower middle income countries, which is 1.32 trillion current LCU, 4.0× the median. (45 countries reporting)
- Togo's 5.21 trillion current LCU is below the median for Sub-Saharan Africa, which is 6.33 trillion current LCU, 82% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 63.23 billion current LCU | 48.34 billion current LCU | 83.60 billion current LCU | 7 |
| 1970s | 149.46 billion current LCU | 86.09 billion current LCU | 215.24 billion current LCU | 10 |
| 1980s | 400.90 billion current LCU | 265.96 billion current LCU | 562.76 billion current LCU | 10 |
| 1990s | 732.04 billion current LCU | 445.41 billion current LCU | 1.19 trillion current LCU | 10 |
| 2000s | 1.51 trillion current LCU | 1.18 trillion current LCU | 2.13 trillion current LCU | 10 |
| 2010s | 2.98 trillion current LCU | 2.24 trillion current LCU | 3.68 trillion current LCU | 10 |
| 2020s | 4.49 trillion current LCU | 3.84 trillion current LCU | 5.21 trillion current 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 5.21 trillion current 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 5.21 trillion current LCU in 2023.
- What is the lowest final consumption expenditure recorded in Togo?
- The lowest recorded value was 48.34 billion current LCU in 1963.
- How does Togo rank for final consumption expenditure?
- Togo ranks 67th out of 188 countries with data for 2023.
- Is final consumption expenditure rising or falling in Togo?
- Over the last ten years it is up 90.9%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.