Final consumption expenditure in Togo
Togo: Final consumption expenditure was 8.59 billion current US$ in 2023. ◆ Volatile
Latest (2023)
8.59 billion current US$
Change on year
up 14.2%
World rank
148th
of 188 countries
All-time high
8.59 billion current US$
in 2023
All-time low
197.31 million current US$
in 1963
Years of data
61
1963–2023
Final consumption expenditure in Togo, 1963–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, final consumption expenditure in Togo stood at 8.59 billion current US$. That is the highest value across all 61 years on record.
Compared with earlier readings it is up 14.2% on the previous year and up 55.4% over ten years.
Over the whole period, final consumption expenditure in Togo peaked at 8.59 billion current US$ in 2023 and was at its lowest, 197.31 million current US$, in 1963.
Togo ranks 148th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Togo, year by year
| Year | current US$ | Change |
|---|---|---|
| 1963 | 197.31 million current US$ | — |
| 1964 | 203.42 million current US$ | +3.1% |
| 1965 | 218.29 million current US$ | +7.3% |
| 1966 | 260.39 million current US$ | +19.3% |
| 1967 | 283.59 million current US$ | +8.9% |
| 1968 | 297.20 million current US$ | +4.8% |
| 1969 | 321.60 million current US$ | +8.2% |
| 1970 | 311.46 million current US$ | -3.2% |
| 1971 | 354.75 million current US$ | +13.9% |
| 1972 | 413.44 million current US$ | +16.5% |
| 1973 | 488.31 million current US$ | +18.1% |
| 1974 | 517.74 million current US$ | +6.0% |
| 1975 | 780.05 million current US$ | +50.7% |
| 1976 | 725.16 million current US$ | -7.0% |
| 1977 | 876.10 million current US$ | +20.8% |
| 1978 | 938.99 million current US$ | +7.2% |
| 1979 | 966.42 million current US$ | +2.9% |
| 1980 | 1.26 billion current US$ | +30.3% |
| 1981 | 1.16 billion current US$ | -8.2% |
| 1982 | 1.02 billion current US$ | -11.8% |
| 1983 | 932.24 million current US$ | -8.5% |
| 1984 | 869.38 million current US$ | -6.7% |
| 1985 | 875.11 million current US$ | +0.7% |
| 1986 | 1.25 billion current US$ | +42.8% |
| 1987 | 1.50 billion current US$ | +20.4% |
| 1988 | 1.74 billion current US$ | +15.8% |
| 1989 | 1.76 billion current US$ | +1.3% |
| 1990 | 1.64 billion current US$ | -7.3% |
| 1991 | 1.62 billion current US$ | -1.1% |
| 1992 | 1.70 billion current US$ | +5.1% |
| 1993 | 1.74 billion current US$ | +2.4% |
| 1994 | 1.01 billion current US$ | -42.1% |
| 1995 | 1.34 billion current US$ | +32.7% |
| 1996 | 1.70 billion current US$ | +27.1% |
| 1997 | 1.74 billion current US$ | +2.2% |
| 1998 | 1.99 billion current US$ | +14.4% |
| 1999 | 1.94 billion current US$ | -2.5% |
| 2000 | 1.66 billion current US$ | -14.1% |
| 2001 | 1.70 billion current US$ | +2.0% |
| 2002 | 1.88 billion current US$ | +10.9% |
| 2003 | 2.30 billion current US$ | +22.0% |
| 2004 | 2.40 billion current US$ | +4.5% |
| 2005 | 2.77 billion current US$ | +15.5% |
| 2006 | 3.07 billion current US$ | +10.9% |
| 2007 | 3.52 billion current US$ | +14.8% |
| 2008 | 4.33 billion current US$ | +22.8% |
| 2009 | 4.53 billion current US$ | +4.7% |
| 2010 | 4.53 billion current US$ | +0.0% |
| 2011 | 5.14 billion current US$ | +13.4% |
| 2012 | 4.98 billion current US$ | -3.1% |
| 2013 | 5.53 billion current US$ | +11.0% |
| 2014 | 5.77 billion current US$ | +4.4% |
| 2015 | 5.21 billion current US$ | -9.7% |
| 2016 | 5.64 billion current US$ | +8.2% |
| 2017 | 5.80 billion current US$ | +2.9% |
| 2018 | 6.31 billion current US$ | +8.8% |
| 2019 | 6.29 billion current US$ | -0.4% |
| 2020 | 6.67 billion current US$ | +6.1% |
| 2021 | 7.57 billion current US$ | +13.4% |
| 2022 | 7.53 billion current US$ | -0.5% |
| 2023 | 8.59 billion current US$ | +14.2% |
Togo compared with similar countries
- Togo's 8.59 billion current US$ is below the median for lower middle income countries, which is 23.88 billion current US$, 36% of the median. (45 countries reporting)
- Togo's 8.59 billion current US$ is below the median for Sub-Saharan Africa, which is 15.32 billion current US$, 56% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 254.54 million current US$ | 197.31 million current US$ | 321.60 million current US$ | 7 |
| 1970s | 637.24 million current US$ | 311.46 million current US$ | 966.42 million current US$ | 10 |
| 1980s | 1.24 billion current US$ | 869.38 million current US$ | 1.76 billion current US$ | 10 |
| 1990s | 1.64 billion current US$ | 1.01 billion current US$ | 1.99 billion current US$ | 10 |
| 2000s | 2.82 billion current US$ | 1.66 billion current US$ | 4.53 billion current US$ | 10 |
| 2010s | 5.52 billion current US$ | 4.53 billion current US$ | 6.31 billion current US$ | 10 |
| 2020s | 7.59 billion current US$ | 6.67 billion current US$ | 8.59 billion current US$ | 4 |
Countries ranked near Togo
- 145 Gabon 10.52 billion current US$ compare
- 146 South Sudan 10.38 billion current US$ compare
- 147 Montenegro 9.11 billion current US$ compare
- 149 Mauritania 8.17 billion current US$ compare
- 150 Brunei 7.99 billion current US$ compare
- 151 New Caledonia 7.69 billion current 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$) 19.6 % change on previous year (2023)
Frequently asked questions
- What is final consumption expenditure in Togo?
- Final consumption expenditure in Togo was 8.59 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Togo?
- The highest recorded value was 8.59 billion current US$ in 2023.
- What is the lowest final consumption expenditure recorded in Togo?
- The lowest recorded value was 197.31 million current US$ in 1963.
- How does Togo rank for final consumption expenditure?
- Togo ranks 148th 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 55.4%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 indicator is expressed in United States dollars.