Gross fixed capital formation in Togo
Togo: Gross fixed capital formation was 1.03 trillion constant LCU 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 LCU.
Analysis
In 2023, gross fixed capital formation in Togo stood at 1.03 trillion constant LCU.
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 1.28 trillion constant LCU in 2022 and was at its lowest, 92.00 billion constant LCU, in 1993.
That places Togo 54th out of 167 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 209.24 billion constant LCU | 135.02 billion constant LCU | 252.68 billion constant LCU | 10 |
| 1990s | 161.99 billion constant LCU | 92.00 billion constant LCU | 272.75 billion constant LCU | 10 |
| 2000s | 226.70 billion constant LCU | 192.20 billion constant LCU | 285.30 billion constant LCU | 10 |
| 2010s | 503.24 billion constant LCU | 319.40 billion constant LCU | 804.00 billion constant LCU | 10 |
| 2020s | 1.03 trillion constant LCU | 837.11 billion constant LCU | 1.28 trillion constant LCU | 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 1.03 trillion constant LCU 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 1.28 trillion constant LCU in 2022.
- What is the lowest gross fixed capital formation recorded in Togo?
- The lowest recorded value was 92.00 billion constant LCU in 1993.
- How does Togo rank for gross fixed capital formation?
- Togo ranks 54th out of 167 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 LCU). 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 varies by country. This series is expressed in local currency units.