Gross savings in Togo
Togo: Gross savings was 1.46 billion current US$ in 2020. ◆ Volatile
Gross savings in Togo, 1974–2020
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Togo is 1.46 billion current US$, measured in 2020. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 17.4% on the previous year and up 167.8% over ten years.
Over the whole period, gross savings in Togo peaked at 1.46 billion current US$ in 2020 and was at its lowest, 73.70 million current US$, in 1993.
That places Togo 138th out of 178 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Togo, year by year
| Year | current US$ | Change |
|---|---|---|
| 1974 | 312.20 million current US$ | — |
| 1975 | 127.98 million current US$ | -59.0% |
| 1976 | 182.95 million current US$ | +43.0% |
| 1977 | 250.59 million current US$ | +37.0% |
| 1978 | 254.75 million current US$ | +1.7% |
| 1979 | 354.10 million current US$ | +39.0% |
| 1980 | 392.24 million current US$ | +10.8% |
| 1981 | 244.81 million current US$ | -37.6% |
| 1982 | 166.20 million current US$ | -32.1% |
| 1983 | 171.13 million current US$ | +3.0% |
| 1984 | 179.04 million current US$ | +4.6% |
| 1985 | 240.66 million current US$ | +34.4% |
| 1986 | 317.14 million current US$ | +31.8% |
| 1987 | 316.70 million current US$ | -0.1% |
| 1988 | 282.51 million current US$ | -10.8% |
| 1989 | 221.89 million current US$ | -21.5% |
| 1990 | 763.39 million current US$ | +244.0% |
| 1991 | 726.85 million current US$ | -4.8% |
| 1992 | 754.50 million current US$ | +3.8% |
| 1993 | 73.70 million current US$ | -90.2% |
| 1994 | 414.65 million current US$ | +462.6% |
| 1995 | 595.05 million current US$ | +43.5% |
| 1996 | 427.81 million current US$ | -28.1% |
| 1997 | 450.37 million current US$ | +5.3% |
| 1998 | 321.18 million current US$ | -28.7% |
| 1999 | 321.79 million current US$ | +0.2% |
| 2000 | 481.47 million current US$ | +49.6% |
| 2001 | 444.53 million current US$ | -7.7% |
| 2002 | 598.96 million current US$ | +34.7% |
| 2003 | 796.73 million current US$ | +33.0% |
| 2004 | 927.78 million current US$ | +16.4% |
| 2005 | 605.08 million current US$ | -34.8% |
| 2006 | 455.32 million current US$ | -24.7% |
| 2007 | 484.27 million current US$ | +6.4% |
| 2008 | 558.71 million current US$ | +15.4% |
| 2009 | 506.98 million current US$ | -9.3% |
| 2010 | 545.89 million current US$ | +7.7% |
| 2011 | 784.61 million current US$ | +43.7% |
| 2012 | 679.16 million current US$ | -13.4% |
| 2013 | 780.78 million current US$ | +15.0% |
| 2014 | 989.14 million current US$ | +26.7% |
| 2015 | 1.00 billion current US$ | +1.4% |
| 2016 | 820.75 million current US$ | -18.2% |
| 2017 | 995.00 million current US$ | +21.2% |
| 2018 | 1.16 billion current US$ | +16.6% |
| 2019 | 1.24 billion current US$ | +7.4% |
| 2020 | 1.46 billion current US$ | +17.4% |
Togo compared with similar countries
- Togo's 1.46 billion current US$ is below the median for lower middle income countries, which is 4.69 billion current US$, 31% of the median. (45 countries reporting)
- Togo's 1.46 billion current US$ is below the median for Sub-Saharan Africa, which is 3.44 billion current US$, 42% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Togo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +462.6% | 73.70 million current US$ | 414.65 million current US$ |
| 1990 | +244.0% | 221.89 million current US$ | 763.39 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 247.09 million current US$ | 127.98 million current US$ | 354.10 million current US$ | 6 |
| 1980s | 253.23 million current US$ | 166.20 million current US$ | 392.24 million current US$ | 10 |
| 1990s | 484.93 million current US$ | 73.70 million current US$ | 763.39 million current US$ | 10 |
| 2000s | 585.98 million current US$ | 444.53 million current US$ | 927.78 million current US$ | 10 |
| 2010s | 900.29 million current US$ | 545.89 million current US$ | 1.24 billion current US$ | 10 |
| 2020s | 1.46 billion current US$ | 1.46 billion current US$ | 1.46 billion current US$ | 1 |
Countries ranked near Togo
- 135 Kyrgyzstan 2.17 billion current US$ compare
- 136 New Caledonia 1.69 billion current US$ compare
- 137 Palestine 1.58 billion current US$ compare
- 139 Burundi 1.45 billion current US$ compare
- 140 Sierra Leone 1.34 billion current US$ compare
- 141 Namibia 1.29 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$) 19.6 % change on previous year (2023)
Frequently asked questions
- What is gross savings in Togo?
- Gross savings in Togo was 1.46 billion current US$ in 2020, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Togo?
- The highest recorded value was 1.46 billion current US$ in 2020.
- What is the lowest gross savings recorded in Togo?
- The lowest recorded value was 73.70 million current US$ in 1993.
- How does Togo rank for gross savings?
- Togo ranks 138th out of 178 countries with data for 2020.
- Is gross savings rising or falling in Togo?
- Over the last ten years it is up 167.8%. 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 savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.