Gross fixed capital formation in Togo
Togo: Gross fixed capital formation was 21.0% in 2023. ▬ Flat
Gross fixed capital formation in Togo, 1980–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2023, gross fixed capital formation in Togo stood at 21.0%.
The figure is down 22.5% on the previous year and up 5.2% over ten years.
Over the whole period, gross fixed capital formation in Togo peaked at 34.5% in 1980 and was at its lowest, 8.9%, in 1999.
That places Togo 112th out of 181 countries with data for 2023, putting it in the middle of the range.
Gross fixed capital formation in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 34.5% | — |
| 1981 | 26.2% | -24.0% |
| 1982 | 23.6% | -10.1% |
| 1983 | 22.3% | -5.2% |
| 1984 | 17.8% | -20.6% |
| 1985 | 26.8% | +51.0% |
| 1986 | 27.4% | +2.2% |
| 1987 | 24.3% | -11.4% |
| 1988 | 21.5% | -11.3% |
| 1989 | 16.4% | -23.8% |
| 1990 | 9.1% | -44.5% |
| 1991 | 9.6% | +5.8% |
| 1992 | 9.7% | +0.2% |
| 1993 | 13.4% | +38.8% |
| 1994 | 9.8% | -27.0% |
| 1995 | 11.1% | +13.9% |
| 1996 | 10.6% | -4.5% |
| 1997 | 9.4% | -11.5% |
| 1998 | 13.6% | +44.3% |
| 1999 | 8.9% | -34.2% |
| 2000 | 13.2% | +48.3% |
| 2001 | 13.9% | +5.0% |
| 2002 | 14.3% | +2.9% |
| 2003 | 14.5% | +1.1% |
| 2004 | 13.6% | -6.2% |
| 2005 | 14.5% | +6.8% |
| 2006 | 16.2% | +11.8% |
| 2007 | 15.9% | -1.7% |
| 2008 | 16.7% | +5.1% |
| 2009 | 17.3% | +3.0% |
| 2010 | 17.9% | +3.7% |
| 2011 | 21.6% | +20.7% |
| 2012 | 19.5% | -9.5% |
| 2013 | 20.0% | +2.1% |
| 2014 | 23.3% | +16.9% |
| 2015 | 25.1% | +7.6% |
| 2016 | 22.3% | -11.0% |
| 2017 | 17.0% | -24.1% |
| 2018 | 17.8% | +5.0% |
| 2019 | 17.8% | -0.2% |
| 2020 | 19.6% | +10.4% |
| 2021 | 21.4% | +9.3% |
| 2022 | 27.1% | +26.2% |
| 2023 | 21.0% | -22.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.1% | 16.4% | 34.5% | 10 |
| 1990s | 10.5% | 8.9% | 13.6% | 10 |
| 2000s | 15.0% | 13.2% | 17.3% | 10 |
| 2010s | 20.2% | 17.0% | 25.1% | 10 |
| 2020s | 22.3% | 19.6% | 27.1% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1142 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 144.57 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 69.24 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 87,657 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.108 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 136.74 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 79,659 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.83 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Togo?
- Gross fixed capital formation in Togo was 21.0% 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 34.5% in 1980.
- What is the lowest gross fixed capital formation recorded in Togo?
- The lowest recorded value was 8.9% in 1999.
- How does Togo rank for gross fixed capital formation?
- Togo ranks 112th 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 5.2%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.