Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Togo
Togo: Gross Fixed Capital Formation — Share of GDP Standard Local Currency was 20.7 % in 2024. ▲ Rising
Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Togo, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Togo recorded 20.7 % for gross fixed capital formation — share of gdp standard local currency in 2024.
Compared with earlier readings it is down 2.9% on the previous year and down 11.3% over ten years.
Over the whole period, gross fixed capital formation — share of gdp standard local currency in Togo peaked at 35.93 % in 1979 and was at its lowest, 6.01 %, in 1993.
Togo ranks 143rd of 230 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Togo, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 9.67 % | — |
| 1971 | 12.38 % | +28.0% |
| 1972 | 14.15 % | +14.2% |
| 1973 | 14.59 % | +3.1% |
| 1974 | 11.75 % | -19.4% |
| 1975 | 17.45 % | +48.5% |
| 1976 | 18.96 % | +8.6% |
| 1977 | 26.63 % | +40.5% |
| 1978 | 35.29 % | +32.5% |
| 1979 | 35.93 % | +1.8% |
| 1980 | 22.49 % | -37.4% |
| 1981 | 20.1 % | -10.6% |
| 1982 | 18.07 % | -10.1% |
| 1983 | 15.33 % | -15.1% |
| 1984 | 16.24 % | +5.9% |
| 1985 | 17.58 % | +8.3% |
| 1986 | 18.27 % | +3.9% |
| 1987 | 18.61 % | +1.9% |
| 1988 | 16.25 % | -12.7% |
| 1989 | 23.55 % | +45.0% |
| 1990 | 14.55 % | -38.2% |
| 1991 | 13.3 % | -8.6% |
| 1992 | 11.59 % | -12.9% |
| 1993 | 6.01 % | -48.1% |
| 1994 | 9.32 % | +55.0% |
| 1995 | 11.79 % | +26.5% |
| 1996 | 11.57 % | -1.8% |
| 1997 | 10.08 % | -12.9% |
| 1998 | 14.64 % | +45.2% |
| 1999 | 9.63 % | -34.2% |
| 2000 | 14.68 % | +52.5% |
| 2001 | 15.42 % | +5.0% |
| 2002 | 15.86 % | +2.9% |
| 2003 | 16.03 % | +1.1% |
| 2004 | 15.04 % | -6.2% |
| 2005 | 15.52 % | +3.2% |
| 2006 | 16.81 % | +8.3% |
| 2007 | 15.93 % | -5.2% |
| 2008 | 16.75 % | +5.1% |
| 2009 | 17.25 % | +3.0% |
| 2010 | 17.89 % | +3.7% |
| 2011 | 21.59 % | +20.7% |
| 2012 | 19.55 % | -9.5% |
| 2013 | 19.95 % | +2.1% |
| 2014 | 23.33 % | +16.9% |
| 2015 | 25.1 % | +7.6% |
| 2016 | 22.35 % | -11.0% |
| 2017 | 16.97 % | -24.1% |
| 2018 | 17.82 % | +5.0% |
| 2019 | 17.77 % | -0.2% |
| 2020 | 19.81 % | +11.5% |
| 2021 | 18.45 % | -6.9% |
| 2022 | 19.89 % | +7.8% |
| 2023 | 21.32 % | +7.2% |
| 2024 | 20.7 % | -2.9% |
Togo compared with similar countries
- Togo's 20.7 % is below the median for lower middle income countries, which is 23.59 %, 88% of the median. (44 countries reporting)
- Togo's 20.7 % is above the median for Sub-Saharan Africa, which is 20.7 %, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.68 % | 9.67 % | 35.93 % | 10 |
| 1980s | 18.65 % | 15.33 % | 23.55 % | 10 |
| 1990s | 11.25 % | 6.01 % | 14.64 % | 10 |
| 2000s | 15.93 % | 14.68 % | 17.25 % | 10 |
| 2010s | 20.23 % | 16.97 % | 25.1 % | 10 |
| 2020s | 20.03 % | 18.45 % | 21.32 % | 5 |
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 — share of gdp standard local currency in Togo?
- Gross fixed capital formation — share of gdp standard local currency in Togo was 20.7 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp standard local currency recorded in Togo?
- The highest recorded value was 35.93 % in 1979.
- What is the lowest gross fixed capital formation — share of gdp standard local currency recorded in Togo?
- The lowest recorded value was 6.01 % in 1993.
- How does Togo rank for gross fixed capital formation — share of gdp standard local currency?
- Togo ranks 143rd out of 230 countries with data for 2024.
- Is gross fixed capital formation — share of gdp standard local currency rising or falling in Togo?
- Over the last ten years it is down 11.3%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).