Gross capital formation in Togo
Togo: Gross capital formation was 2.18 billion current US$ in 2023. ◆ Volatile
Latest (2023)
2.18 billion current US$
Change on year
up 2.8%
World rank
146th
of 187 countries
All-time high
2.18 billion current US$
in 2023
All-time low
23.73 million current US$
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 US$.
Analysis
Togo recorded 2.18 billion current US$ for gross capital formation in 2023. That is the highest value across all 61 years on record.
That represents a change of up 2.8% on the previous year and up 63.5% over ten years.
Over the whole period, gross capital formation in Togo peaked at 2.18 billion current US$ in 2023 and was at its lowest, 23.73 million current US$, in 1963.
Togo ranks 146th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Togo, year by year
| Year | current US$ | Change |
|---|---|---|
| 1963 | 23.73 million current US$ | — |
| 1964 | 50.09 million current US$ | +111.1% |
| 1965 | 62.63 million current US$ | +25.0% |
| 1966 | 50.01 million current US$ | -20.2% |
| 1967 | 41.33 million current US$ | -17.3% |
| 1968 | 37.08 million current US$ | -10.3% |
| 1969 | 49.98 million current US$ | +34.8% |
| 1970 | 51.59 million current US$ | +3.2% |
| 1971 | 73.12 million current US$ | +41.8% |
| 1972 | 95.24 million current US$ | +30.2% |
| 1973 | 124.46 million current US$ | +30.7% |
| 1974 | 133.83 million current US$ | +7.5% |
| 1975 | 248.69 million current US$ | +85.8% |
| 1976 | 236.16 million current US$ | -5.0% |
| 1977 | 426.67 million current US$ | +80.7% |
| 1978 | 572.76 million current US$ | +34.2% |
| 1979 | 638.56 million current US$ | +11.5% |
| 1980 | 558.06 million current US$ | -12.6% |
| 1981 | 416.66 million current US$ | -25.3% |
| 1982 | 294.28 million current US$ | -29.4% |
| 1983 | 235.87 million current US$ | -19.8% |
| 1984 | 152.55 million current US$ | -35.3% |
| 1985 | 295.48 million current US$ | +93.7% |
| 1986 | 424.92 million current US$ | +43.8% |
| 1987 | 425.25 million current US$ | +0.1% |
| 1988 | 436.60 million current US$ | +2.7% |
| 1989 | 324.05 million current US$ | -25.8% |
| 1990 | 831.11 million current US$ | +156.5% |
| 1991 | 846.85 million current US$ | +1.9% |
| 1992 | 875.73 million current US$ | +3.4% |
| 1993 | 136.50 million current US$ | -84.4% |
| 1994 | 461.59 million current US$ | +238.2% |
| 1995 | 697.56 million current US$ | +51.1% |
| 1996 | 566.27 million current US$ | -18.8% |
| 1997 | 554.40 million current US$ | -2.1% |
| 1998 | 469.99 million current US$ | -15.2% |
| 1999 | 454.22 million current US$ | -3.4% |
| 2000 | 621.47 million current US$ | +36.8% |
| 2001 | 613.83 million current US$ | -1.2% |
| 2002 | 739.19 million current US$ | +20.4% |
| 2003 | 959.00 million current US$ | +29.7% |
| 2004 | 1.14 billion current US$ | +18.4% |
| 2005 | 809.07 million current US$ | -28.7% |
| 2006 | 631.76 million current US$ | -21.9% |
| 2007 | 706.29 million current US$ | +11.8% |
| 2008 | 782.34 million current US$ | +10.8% |
| 2009 | 684.28 million current US$ | -12.5% |
| 2010 | 751.85 million current US$ | +9.9% |
| 2011 | 1.08 billion current US$ | +43.6% |
| 2012 | 958.01 million current US$ | -11.2% |
| 2013 | 1.33 billion current US$ | +39.0% |
| 2014 | 1.43 billion current US$ | +7.4% |
| 2015 | 1.45 billion current US$ | +1.3% |
| 2016 | 1.22 billion current US$ | -15.6% |
| 2017 | 1.08 billion current US$ | -12.1% |
| 2018 | 1.35 billion current US$ | +25.1% |
| 2019 | 1.30 billion current US$ | -3.3% |
| 2020 | 1.48 billion current US$ | +14.0% |
| 2021 | 1.84 billion current US$ | +23.9% |
| 2022 | 2.12 billion current US$ | +15.3% |
| 2023 | 2.18 billion current US$ | +2.8% |
Togo compared with similar countries
- Togo's 2.18 billion current US$ is below the median for lower middle income countries, which is 5.91 billion current US$, 37% of the median. (45 countries reporting)
- Togo's 2.18 billion current US$ is below the median for Sub-Saharan Africa, which is 4.76 billion current US$, 46% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Togo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +238.2% | 136.50 million current US$ | 461.59 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.98 million current US$ | 23.73 million current US$ | 62.63 million current US$ | 7 |
| 1970s | 260.11 million current US$ | 51.59 million current US$ | 638.56 million current US$ | 10 |
| 1980s | 356.37 million current US$ | 152.55 million current US$ | 558.06 million current US$ | 10 |
| 1990s | 589.42 million current US$ | 136.50 million current US$ | 875.73 million current US$ | 10 |
| 2000s | 768.23 million current US$ | 613.83 million current US$ | 1.14 billion current US$ | 10 |
| 2010s | 1.19 billion current US$ | 751.85 million current US$ | 1.45 billion current US$ | 10 |
| 2020s | 1.90 billion current US$ | 1.48 billion current US$ | 2.18 billion current US$ | 4 |
Countries ranked near Togo
- 143 Namibia 2.82 billion current US$ compare
- 144 Montenegro 2.49 billion current US$ compare
- 145 Malawi 2.35 billion current US$ compare
- 147 Maldives 2.17 billion current US$ compare
- 148 New Caledonia 1.89 billion current US$ compare
- 149 Sierra Leone 1.73 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$) 19.6 % change on previous year (2023)
Frequently asked questions
- What is gross capital formation in Togo?
- Gross capital formation in Togo was 2.18 billion current US$ 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 2.18 billion current US$ in 2023.
- What is the lowest gross capital formation recorded in Togo?
- The lowest recorded value was 23.73 million current US$ in 1963.
- How does Togo rank for gross capital formation?
- Togo ranks 146th 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 63.5%. 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 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
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 indicator is expressed in United States dollars.