Gross capital formation in Togo
Togo: Gross capital formation was 1.32 trillion current LCU in 2023. ◆ Volatile
Latest (2023)
1.32 trillion current LCU
Change on year
down 0.1%
World rank
62nd
of 187 countries
All-time high
1.32 trillion current LCU
in 2022
All-time low
5.81 billion current LCU
in 1963
Years of data
61
1963–2023
Gross capital formation in Togo, 1963–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, gross capital formation in Togo stood at 1.32 trillion current LCU.
The figure is down 0.1% on the previous year and up 100.8% over ten years.
Over the whole period, gross capital formation in Togo peaked at 1.32 trillion current LCU in 2022 and was at its lowest, 5.81 billion current LCU, in 1963.
That places Togo 62nd out of 187 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Togo, year by year
| Year | current LCU | Change |
|---|---|---|
| 1963 | 5.81 billion current LCU | — |
| 1964 | 12.27 billion current LCU | +111.1% |
| 1965 | 15.35 billion current LCU | +25.1% |
| 1966 | 12.29 billion current LCU | -20.0% |
| 1967 | 10.17 billion current LCU | -17.2% |
| 1968 | 9.18 billion current LCU | -9.7% |
| 1969 | 12.99 billion current LCU | +41.5% |
| 1970 | 14.26 billion current LCU | +9.7% |
| 1971 | 20.14 billion current LCU | +41.2% |
| 1972 | 24.00 billion current LCU | +19.2% |
| 1973 | 27.74 billion current LCU | +15.6% |
| 1974 | 32.21 billion current LCU | +16.1% |
| 1975 | 53.30 billion current LCU | +65.5% |
| 1976 | 56.43 billion current LCU | +5.9% |
| 1977 | 104.82 billion current LCU | +85.8% |
| 1978 | 129.25 billion current LCU | +23.3% |
| 1979 | 135.84 billion current LCU | +5.1% |
| 1980 | 117.91 billion current LCU | -13.2% |
| 1981 | 113.22 billion current LCU | -4.0% |
| 1982 | 96.70 billion current LCU | -14.6% |
| 1983 | 89.88 billion current LCU | -7.1% |
| 1984 | 66.66 billion current LCU | -25.8% |
| 1985 | 132.75 billion current LCU | +99.2% |
| 1986 | 147.15 billion current LCU | +10.9% |
| 1987 | 127.80 billion current LCU | -13.1% |
| 1988 | 130.04 billion current LCU | +1.7% |
| 1989 | 103.37 billion current LCU | -20.5% |
| 1990 | 226.28 billion current LCU | +118.9% |
| 1991 | 238.90 billion current LCU | +5.6% |
| 1992 | 231.80 billion current LCU | -3.0% |
| 1993 | 38.65 billion current LCU | -83.3% |
| 1994 | 256.28 billion current LCU | +563.0% |
| 1995 | 348.19 billion current LCU | +35.9% |
| 1996 | 289.68 billion current LCU | -16.8% |
| 1997 | 323.59 billion current LCU | +11.7% |
| 1998 | 277.27 billion current LCU | -14.3% |
| 1999 | 279.56 billion current LCU | +0.8% |
| 2000 | 441.37 billion current LCU | +57.9% |
| 2001 | 449.56 billion current LCU | +1.9% |
| 2002 | 512.78 billion current LCU | +14.1% |
| 2003 | 556.12 billion current LCU | +8.5% |
| 2004 | 598.56 billion current LCU | +7.6% |
| 2005 | 426.59 billion current LCU | -28.7% |
| 2006 | 330.05 billion current LCU | -22.6% |
| 2007 | 338.06 billion current LCU | +2.4% |
| 2008 | 348.92 billion current LCU | +3.2% |
| 2009 | 321.81 billion current LCU | -7.8% |
| 2010 | 372.01 billion current LCU | +15.6% |
| 2011 | 508.62 billion current LCU | +36.7% |
| 2012 | 489.12 billion current LCU | -3.8% |
| 2013 | 657.72 billion current LCU | +34.5% |
| 2014 | 706.38 billion current LCU | +7.4% |
| 2015 | 856.97 billion current LCU | +21.3% |
| 2016 | 725.22 billion current LCU | -15.4% |
| 2017 | 624.43 billion current LCU | -13.9% |
| 2018 | 747.14 billion current LCU | +19.7% |
| 2019 | 762.12 billion current LCU | +2.0% |
| 2020 | 853.61 billion current LCU | +12.0% |
| 2021 | 1.02 trillion current LCU | +19.3% |
| 2022 | 1.32 trillion current LCU | +29.7% |
| 2023 | 1.32 trillion current LCU | -0.1% |
Togo compared with similar countries
- Togo's 1.32 trillion current LCU is above the median for lower middle income countries, which is 505.56 billion current LCU, 2.6× the median. (45 countries reporting)
- Togo's 1.32 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.06 trillion current LCU, 1.2× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation 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 |
|---|---|---|---|
| 1994 | +563.0% | 38.65 billion current LCU | 256.28 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.15 billion current LCU | 5.81 billion current LCU | 15.35 billion current LCU | 7 |
| 1970s | 59.80 billion current LCU | 14.26 billion current LCU | 135.84 billion current LCU | 10 |
| 1980s | 112.55 billion current LCU | 66.66 billion current LCU | 147.15 billion current LCU | 10 |
| 1990s | 251.02 billion current LCU | 38.65 billion current LCU | 348.19 billion current LCU | 10 |
| 2000s | 432.38 billion current LCU | 321.81 billion current LCU | 598.56 billion current LCU | 10 |
| 2010s | 644.97 billion current LCU | 372.01 billion current LCU | 856.97 billion current LCU | 10 |
| 2020s | 1.13 trillion current LCU | 853.61 billion current LCU | 1.32 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 gross capital formation in Togo?
- Gross capital formation in Togo was 1.32 trillion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Togo?
- The highest recorded value was 1.32 trillion current LCU in 2022.
- What is the lowest gross capital formation recorded in Togo?
- The lowest recorded value was 5.81 billion current LCU in 1963.
- How does Togo rank for gross capital formation?
- Togo ranks 62nd out of 187 countries with data for 2023.
- Is gross capital formation rising or falling in Togo?
- Over the last ten years it is up 100.8%. 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 Gross capital formation (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
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.