Gross fixed capital formation in Togo
Togo: Gross fixed capital formation was 2.04 billion current US$ in 2023. ◆ Volatile
Gross fixed capital formation in Togo, 1980–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Togo recorded 2.04 billion current US$ for gross fixed capital formation in 2023.
The figure is down 12.8% on the previous year and up 69.8% over ten years.
Over the whole period, gross fixed capital formation in Togo peaked at 2.34 billion current US$ in 2022 and was at its lowest, 135.65 million current US$, in 1994.
That places Togo 142nd out of 179 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 346.54 million current US$ | 180.02 million current US$ | 554.02 million current US$ | 10 |
| 1990s | 215.55 million current US$ | 135.65 million current US$ | 304.46 million current US$ | 10 |
| 2000s | 496.55 million current US$ | 279.03 million current US$ | 814.70 million current US$ | 10 |
| 2010s | 1.22 billion current US$ | 849.28 million current US$ | 1.49 billion current US$ | 10 |
| 2020s | 1.92 billion current US$ | 1.47 billion current US$ | 2.34 billion current US$ | 4 |
Countries ranked near Togo
- 139 Afghanistan 3.03 billion current US$ compare
- 140 Maldives 2.46 billion current US$ compare
- 141 Montenegro 2.06 billion current US$ compare
- 143 New Caledonia 1.89 billion current US$ compare
- 144 Sierra Leone 1.73 billion current US$ compare
- 145 Suriname 1.64 billion current US$ compare
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 2.04 billion current US$ 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 2.34 billion current US$ in 2022.
- What is the lowest gross fixed capital formation recorded in Togo?
- The lowest recorded value was 135.65 million current US$ in 1994.
- How does Togo rank for gross fixed capital formation?
- Togo ranks 142nd out of 179 countries with data for 2023.
- Is gross fixed capital formation rising or falling in Togo?
- Over the last ten years it is up 69.8%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.