Gross fixed capital formation in Togo
Togo: Gross fixed capital formation was -19.8% in 2023. ◆ Volatile
Gross fixed capital formation in Togo, 1981–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for gross fixed capital formation in Togo is -19.8%, measured in 2023.
The figure is down 164.5% on the previous year and down 242.5% over ten years.
Over the whole period, gross fixed capital formation in Togo peaked at 81.2% in 2016 and was at its lowest, -45.8%, in 1993.
That places Togo 164th out of 166 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Togo, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1981 | -12.6% | — |
| 1982 | -13.1% | +3.9% |
| 1983 | -24.6% | +88.4% |
| 1984 | 20.8% | -184.5% |
| 1985 | 14.4% | -31.0% |
| 1986 | 26.7% | +86.1% |
| 1987 | 4.3% | -84.0% |
| 1988 | 2.5% | -40.4% |
| 1989 | -0.5% | -119.2% |
| 1990 | 8.5% | -1841.1% |
| 1991 | -29.0% | -441.8% |
| 1992 | -12.4% | -57.2% |
| 1993 | -45.8% | +269.4% |
| 1994 | 2.2% | -104.8% |
| 1995 | 20.2% | +818.2% |
| 1996 | 40.6% | +101.0% |
| 1997 | -6.2% | -115.2% |
| 1998 | 28.4% | -561.1% |
| 1999 | -3.3% | -111.6% |
| 2000 | 3.8% | -214.9% |
| 2001 | 4.1% | +9.3% |
| 2002 | 3.7% | -11.2% |
| 2003 | 8.7% | +137.2% |
| 2004 | -7.8% | -189.3% |
| 2005 | 8.1% | -204.3% |
| 2006 | 9.1% | +11.3% |
| 2007 | -11.5% | -226.6% |
| 2008 | 19.8% | -273.1% |
| 2009 | 9.6% | -51.7% |
| 2010 | 12.0% | +24.8% |
| 2011 | 0.0% | -99.9% |
| 2012 | 2.9% | +31328.2% |
| 2013 | 13.9% | +386.2% |
| 2014 | 2.5% | -82.0% |
| 2015 | 15.7% | +530.3% |
| 2016 | 81.2% | +416.5% |
| 2017 | -20.7% | -125.4% |
| 2018 | 9.1% | -144.2% |
| 2019 | 4.2% | -53.7% |
| 2020 | 15.4% | +263.1% |
| 2021 | 17.0% | +10.4% |
| 2022 | 30.7% | +80.8% |
| 2023 | -19.8% | -164.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.0% | -24.6% | 26.7% | 9 |
| 1990s | 0.3% | -45.8% | 40.6% | 10 |
| 2000s | 4.8% | -11.5% | 19.8% | 10 |
| 2010s | 12.1% | -20.7% | 81.2% | 10 |
| 2020s | 10.8% | -19.8% | 30.7% | 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)
- 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 gross fixed capital formation in Togo?
- Gross fixed capital formation in Togo was -19.8% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Togo?
- The highest recorded value was 81.2% in 2016.
- What is the lowest gross fixed capital formation recorded in Togo?
- The lowest recorded value was -45.8% in 1993.
- How does Togo rank for gross fixed capital formation?
- Togo ranks 164th out of 166 countries with data for 2023.
- Is gross fixed capital formation rising or falling in Togo?
- Over the last ten years it is down 242.5%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.