Gross fixed capital formation in Togo
Togo: Gross fixed capital formation was 3.34 billion constant 2015 US$ in 2023. ◆ Volatile
Gross fixed capital formation in Togo, 1980–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Togo is 3.34 billion constant 2015 US$, measured in 2023.
The figure is down 19.8% on the previous year and up 174.3% over ten years.
Over the whole period, gross fixed capital formation in Togo peaked at 4.17 billion constant 2015 US$ in 2022 and was at its lowest, 299.53 million constant 2015 US$, in 1993.
Togo ranks 121st of 159 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 681.29 million constant 2015 US$ | 439.62 million constant 2015 US$ | 822.70 million constant 2015 US$ | 10 |
| 1990s | 527.45 million constant 2015 US$ | 299.53 million constant 2015 US$ | 888.07 million constant 2015 US$ | 10 |
| 2000s | 738.12 million constant 2015 US$ | 625.80 million constant 2015 US$ | 928.92 million constant 2015 US$ | 10 |
| 2010s | 1.64 billion constant 2015 US$ | 1.04 billion constant 2015 US$ | 2.62 billion constant 2015 US$ | 10 |
| 2020s | 3.36 billion constant 2015 US$ | 2.73 billion constant 2015 US$ | 4.17 billion constant 2015 US$ | 4 |
Countries ranked near Togo
More economy & growth data for Togo
- External balance on goods and services as a percent of GDP -10.8% (2023)
- Inflation of consumer prices 0.4% (2025)
- GDP per capita 1,096 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.4% (2024)
- Gross domestic product (GDP) 9.42 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,096 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 405.40 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 668.60 million current US$ (2024)
- Taxes less subsidies on products 586.46 billion current LCU (2024)
Frequently asked questions
- What is gross fixed capital formation in Togo?
- Gross fixed capital formation in Togo was 3.34 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Togo?
- The highest recorded value was 4.17 billion constant 2015 US$ in 2022.
- What is the lowest gross fixed capital formation recorded in Togo?
- The lowest recorded value was 299.53 million constant 2015 US$ in 1993.
- How does Togo rank for gross fixed capital formation?
- Togo ranks 121st out of 159 countries with data for 2023.
- Is gross fixed capital formation rising or falling in Togo?
- Over the last ten years it is up 174.3%. 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 fixed capital formation (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.