Financial and insurance activities (banking), value added in Togo
Togo: Financial and insurance activities (banking), value added was 23.92 billion constant LCU in 2011. ▲ Rising
Financial and insurance activities (banking), value added in Togo, 2000–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Togo is 23.92 billion constant LCU, measured in 2011. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 92.7% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Togo peaked at 23.92 billion constant LCU in 2011 and was at its lowest, 5.93 billion constant LCU, in 2003.
Togo ranks 12th of 31 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Financial and insurance activities (banking), value added in Togo, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 19.76 billion constant LCU | — |
| 2001 | 12.41 billion constant LCU | -37.2% |
| 2002 | 7.12 billion constant LCU | -42.7% |
| 2003 | 5.93 billion constant LCU | -16.7% |
| 2004 | 7.34 billion constant LCU | +23.9% |
| 2005 | 8.67 billion constant LCU | +18.1% |
| 2006 | 21.18 billion constant LCU | +144.2% |
| 2007 | 21.48 billion constant LCU | +1.4% |
| 2008 | 21.91 billion constant LCU | +2.0% |
| 2009 | 22.55 billion constant LCU | +2.9% |
| 2010 | 23.23 billion constant LCU | +3.0% |
| 2011 | 23.92 billion constant LCU | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.84 billion constant LCU | 5.93 billion constant LCU | 22.55 billion constant LCU | 10 |
| 2010s | 23.57 billion constant LCU | 23.23 billion constant LCU | 23.92 billion constant LCU | 2 |
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)
- Manufacturing, value added (constant LCU), per capita 79,659 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.83 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2102 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 290.84 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 10.21 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 122.3 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 169,248 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -3.19 % change on previous year (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Togo?
- Financial and insurance activities (banking), value added in Togo was 23.92 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Togo?
- The highest recorded value was 23.92 billion constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Togo?
- The lowest recorded value was 5.93 billion constant LCU in 2003.
- How does Togo rank for financial and insurance activities (banking), value added?
- Togo ranks 12th out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Togo?
- Over the last ten years it is up 92.7%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.