Gross fixed capital formation in Togo
Togo: Gross fixed capital formation was 2.04 billion current US$ in 2023. ◆ Volatile
Latest (2023)
2.04 billion current US$
Change on year
down 12.8%
World rank
144th
of 181 countries
All-time high
2.34 billion current US$
in 2022
All-time low
135.65 million current US$
in 1994
Years of data
44
1980–2023
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$, in 1994.
That places Togo 144th out of 181 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Togo, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 554.02 million current US$ | — |
| 1981 | 356.61 million current US$ | -35.6% |
| 1982 | 273.63 million current US$ | -23.3% |
| 1983 | 241.68 million current US$ | -11.7% |
| 1984 | 180.02 million current US$ | -25.5% |
| 1985 | 288.56 million current US$ | +60.3% |
| 1986 | 410.24 million current US$ | +42.2% |
| 1987 | 428.07 million current US$ | +4.3% |
| 1988 | 419.12 million current US$ | -2.1% |
| 1989 | 313.42 million current US$ | -25.2% |
| 1990 | 209.28 million current US$ | -33.2% |
| 1991 | 217.91 million current US$ | +4.1% |
| 1992 | 230.77 million current US$ | +5.9% |
| 1993 | 233.35 million current US$ | +1.1% |
| 1994 | 135.65 million current US$ | -41.9% |
| 1995 | 205.90 million current US$ | +51.8% |
| 1996 | 220.00 million current US$ | +6.9% |
| 1997 | 199.22 million current US$ | -9.4% |
| 1998 | 304.46 million current US$ | +52.8% |
| 1999 | 198.91 million current US$ | -34.7% |
| 2000 | 279.03 million current US$ | +40.3% |
| 2001 | 291.17 million current US$ | +4.4% |
| 2002 | 344.80 million current US$ | +18.4% |
| 2003 | 432.18 million current US$ | +25.3% |
| 2004 | 432.95 million current US$ | +0.2% |
| 2005 | 466.79 million current US$ | +7.8% |
| 2006 | 538.09 million current US$ | +15.3% |
| 2007 | 598.98 million current US$ | +11.3% |
| 2008 | 766.81 million current US$ | +28.0% |
| 2009 | 814.70 million current US$ | +6.2% |
| 2010 | 849.28 million current US$ | +4.2% |
| 2011 | 1.17 billion current US$ | +37.9% |
| 2012 | 1.06 billion current US$ | -9.6% |
| 2013 | 1.20 billion current US$ | +13.5% |
| 2014 | 1.49 billion current US$ | +24.1% |
| 2015 | 1.44 billion current US$ | -3.1% |
| 2016 | 1.36 billion current US$ | -6.1% |
| 2017 | 1.08 billion current US$ | -20.1% |
| 2018 | 1.25 billion current US$ | +15.5% |
| 2019 | 1.24 billion current US$ | -0.8% |
| 2020 | 1.47 billion current US$ | +18.2% |
| 2021 | 1.83 billion current US$ | +24.7% |
| 2022 | 2.34 billion current US$ | +27.8% |
| 2023 | 2.04 billion current US$ | -12.8% |
Togo compared with similar countries
- Togo's 2.04 billion current US$ is below the median for lower middle income countries, which is 5.47 billion current US$, 37% of the median. (45 countries reporting)
- Togo's 2.04 billion current US$ is below the median for Sub-Saharan Africa, which is 4.33 billion current US$, 47% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 346.54 million current US$ | 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
- 141 Afghanistan 3.03 billion current US$
- 142 Maldives 2.46 billion current US$ compare
- 143 Montenegro 2.06 billion current US$ compare
- 145 New Caledonia 1.89 billion current US$ compare
- 146 Sierra Leone 1.73 billion current US$ compare
- 147 Suriname 1.64 billion current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -73.35 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0069 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -8.73 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 83.75 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0079 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 9.96 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 19.6 % change on previous year (2023)
Frequently asked questions
- What is gross fixed capital formation in Togo?
- Gross fixed capital formation in Togo was 2.04 billion current US$ 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 144th 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 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.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.