Gross fixed capital formation (current LCU) in Togo
Togo: Gross fixed capital formation (current LCU) was 1.24 trillion current 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 current LCU.
Analysis
The most recent figure for gross fixed capital formation in Togo is 1.24 trillion current LCU, measured in 2023.
The figure is down 15.2% on the previous year and up 108.6% over ten years.
Over the whole period, gross fixed capital formation in Togo peaked at 1.46 trillion current LCU in 2022 and was at its lowest, 56.98 billion current LCU, in 1990.
That places Togo 64th out of 181 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 fixed capital formation (current LCU) in Togo, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 117.05 billion current LCU | — |
| 1981 | 96.90 billion current LCU | -17.2% |
| 1982 | 89.92 billion current LCU | -7.2% |
| 1983 | 92.10 billion current LCU | +2.4% |
| 1984 | 78.66 billion current LCU | -14.6% |
| 1985 | 129.64 billion current LCU | +64.8% |
| 1986 | 142.07 billion current LCU | +9.6% |
| 1987 | 128.65 billion current LCU | -9.4% |
| 1988 | 124.83 billion current LCU | -3.0% |
| 1989 | 99.98 billion current LCU | -19.9% |
| 1990 | 56.98 billion current LCU | -43.0% |
| 1991 | 61.48 billion current LCU | +7.9% |
| 1992 | 61.08 billion current LCU | -0.6% |
| 1993 | 66.08 billion current LCU | +8.2% |
| 1994 | 75.31 billion current LCU | +14.0% |
| 1995 | 102.77 billion current LCU | +36.5% |
| 1996 | 112.54 billion current LCU | +9.5% |
| 1997 | 116.28 billion current LCU | +3.3% |
| 1998 | 179.62 billion current LCU | +54.5% |
| 1999 | 122.42 billion current LCU | -31.8% |
| 2000 | 198.17 billion current LCU | +61.9% |
| 2001 | 213.25 billion current LCU | +7.6% |
| 2002 | 239.19 billion current LCU | +12.2% |
| 2003 | 250.62 billion current LCU | +4.8% |
| 2004 | 228.31 billion current LCU | -8.9% |
| 2005 | 246.12 billion current LCU | +7.8% |
| 2006 | 281.11 billion current LCU | +14.2% |
| 2007 | 286.69 billion current LCU | +2.0% |
| 2008 | 342.00 billion current LCU | +19.3% |
| 2009 | 383.15 billion current LCU | +12.0% |
| 2010 | 420.22 billion current LCU | +9.7% |
| 2011 | 551.78 billion current LCU | +31.3% |
| 2012 | 540.34 billion current LCU | -2.1% |
| 2013 | 593.39 billion current LCU | +9.8% |
| 2014 | 736.47 billion current LCU | +24.1% |
| 2015 | 854.17 billion current LCU | +16.0% |
| 2016 | 804.00 billion current LCU | -5.9% |
| 2017 | 629.36 billion current LCU | -21.7% |
| 2018 | 695.59 billion current LCU | +10.5% |
| 2019 | 728.14 billion current LCU | +4.7% |
| 2020 | 845.50 billion current LCU | +16.1% |
| 2021 | 1.02 trillion current LCU | +20.1% |
| 2022 | 1.46 trillion current LCU | +43.7% |
| 2023 | 1.24 trillion current LCU | -15.2% |
Togo compared with similar countries
- Togo's 1.24 trillion current LCU is above the median for lower middle income countries, which is 457.10 billion current LCU, 2.7× the median. (45 countries reporting)
- Togo's 1.24 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.15 trillion current LCU, 1.1× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 109.98 billion current LCU | 78.66 billion current LCU | 142.07 billion current LCU | 10 |
| 1990s | 95.46 billion current LCU | 56.98 billion current LCU | 179.62 billion current LCU | 10 |
| 2000s | 266.86 billion current LCU | 198.17 billion current LCU | 383.15 billion current LCU | 10 |
| 2010s | 655.35 billion current LCU | 420.22 billion current LCU | 854.17 billion current LCU | 10 |
| 2020s | 1.14 trillion current LCU | 845.50 billion current LCU | 1.46 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)
- SDRs holdings, US dollar, annual growth rate 7.57 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0335 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 46.36 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.43 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0245 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 33.85 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.98 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0146 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Togo?
- Gross fixed capital formation in Togo was 1.24 trillion current 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 1.46 trillion current LCU in 2022.
- What is the lowest gross fixed capital formation recorded in Togo?
- The lowest recorded value was 56.98 billion current LCU in 1990.
- How does Togo rank for gross fixed capital formation?
- Togo ranks 64th out of 181 countries with data for 2023.
- Is gross fixed capital formation rising or falling in Togo?
- Over the last ten years it is up 108.6%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.