Financial and insurance activities (banking), value added in Togo
Togo: Financial and insurance activities (banking), value added was 34.00 billion current 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 current LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Togo is 34.00 billion current LCU, measured in 2011. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 6.1% on the previous year and up 63.3% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Togo peaked at 34.00 billion current LCU in 2011 and was at its lowest, 19.76 billion current LCU, in 2000.
That places Togo 14th out of 36 countries with data for 2011, putting it 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 | current LCU | Change |
|---|---|---|
| 2000 | 19.76 billion current LCU | — |
| 2001 | 20.82 billion current LCU | +5.4% |
| 2002 | 21.97 billion current LCU | +5.5% |
| 2003 | 20.41 billion current LCU | -7.1% |
| 2004 | 21.56 billion current LCU | +5.6% |
| 2005 | 23.13 billion current LCU | +7.3% |
| 2006 | 23.96 billion current LCU | +3.6% |
| 2007 | 24.92 billion current LCU | +4.0% |
| 2008 | 29.29 billion current LCU | +17.5% |
| 2009 | 30.50 billion current LCU | +4.2% |
| 2010 | 32.05 billion current LCU | +5.1% |
| 2011 | 34.00 billion current LCU | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.63 billion current LCU | 19.76 billion current LCU | 30.50 billion current LCU | 10 |
| 2010s | 33.02 billion current LCU | 32.05 billion current LCU | 34.00 billion current 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 21.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 599.69 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 829,903 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 18.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.788 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,090 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 18.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 473.25 constant LCU per US$ of GDP (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 34.00 billion current 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 34.00 billion current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Togo?
- The lowest recorded value was 19.76 billion current LCU in 2000.
- How does Togo rank for financial and insurance activities (banking), value added?
- Togo ranks 14th out of 36 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 63.3%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current local currency.