Gross fixed capital formation, private sector in Togo
Togo: Gross fixed capital formation, private sector was 13.3% in 2023. ▲ Rising
Gross fixed capital formation, private sector in Togo, 2016–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Togo recorded 13.3% for gross fixed capital formation, private sector in 2023.
Compared with earlier readings it is down 26.4% on the previous year and down 3.1% over ten years.
Togo ranks 72nd of 106 countries on this measure, in the middle of the range.
Gross fixed capital formation, private sector in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2016 | 13.8% | — |
| 2017 | 12.2% | -11.5% |
| 2018 | 12.6% | +3.0% |
| 2019 | 13.1% | +4.5% |
| 2020 | 13.7% | +4.2% |
| 2021 | 13.2% | -3.7% |
| 2022 | 18.1% | +37.6% |
| 2023 | 13.3% | -26.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.9% | 12.2% | 13.8% | 4 |
| 2020s | 14.6% | 13.2% | 18.1% | 4 |
Countries ranked near Togo
- 69 Seychelles 14.0% compare
- 70 Costa Rica 13.9% compare
- 71 Uganda 13.4% compare
- 73 Sierra Leone 13.0% compare
- 74 Puerto Rico 12.9% compare
- 75 Congo, Democratic Republic of the 12.9% 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)
- Gross capital formation (current US$), annual growth rate 2.77 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.2239 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 264.7 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate -0.0651 % change on previous year (2023)
- Gross capital formation (current LCU), per unit of GDP 135.8 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 160,559 current LCU per person (2023)
- Gross capital formation (constant 2015 US$), annual growth rate -10.26 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.4016 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross fixed capital formation, private sector in Togo?
- Gross fixed capital formation, private sector in Togo was 13.3% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Togo?
- The highest recorded value was 18.1% in 2022.
- What is the lowest gross fixed capital formation, private sector recorded in Togo?
- The lowest recorded value was 12.2% in 2017.
- How does Togo rank for gross fixed capital formation, private sector?
- Togo ranks 72nd out of 106 countries with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in Togo?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
- 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.