Personal remittances, received in Togo
Togo: Personal remittances, received was 8.7% in 2020. ◆ Volatile
Personal remittances, received in Togo, 1974–2020
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2020, personal remittances, received in Togo stood at 8.7%. That is the highest value across all 47 years on record.
The figure is up 19.6% on the previous year and up 22.4% over ten years.
Over the whole period, personal remittances, received in Togo peaked at 8.7% in 2020 and was at its lowest, 0.5%, in 1974.
Togo ranks 37th of 196 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 0.5% | — |
| 1975 | 0.5% | +5.2% |
| 1976 | 0.8% | +48.1% |
| 1977 | 0.7% | -9.7% |
| 1978 | 0.8% | +9.7% |
| 1979 | 0.6% | -21.2% |
| 1980 | 0.6% | -2.0% |
| 1981 | 0.6% | -6.5% |
| 1982 | 0.5% | -8.9% |
| 1983 | 0.6% | +6.7% |
| 1984 | 0.7% | +16.0% |
| 1985 | 1.4% | +119.6% |
| 1986 | 1.4% | -0.1% |
| 1987 | 1.1% | -20.5% |
| 1988 | 1.1% | -4.0% |
| 1989 | 1.2% | +9.7% |
| 1990 | 1.2% | -2.3% |
| 1991 | 1.3% | +9.6% |
| 1992 | 0.7% | -46.9% |
| 1993 | 0.7% | -1.0% |
| 1994 | 1.1% | +64.0% |
| 1995 | 0.8% | -26.3% |
| 1996 | 1.4% | +74.7% |
| 1997 | 1.2% | -12.6% |
| 1998 | 0.8% | -33.2% |
| 1999 | 1.0% | +23.9% |
| 2000 | 1.6% | +58.3% |
| 2001 | 3.3% | +101.4% |
| 2002 | 4.3% | +30.9% |
| 2003 | 5.0% | +16.2% |
| 2004 | 5.6% | +12.7% |
| 2005 | 6.0% | +6.6% |
| 2006 | 7.0% | +17.1% |
| 2007 | 7.6% | +8.3% |
| 2008 | 7.4% | -2.4% |
| 2009 | 7.1% | -3.8% |
| 2010 | 7.1% | -0.2% |
| 2011 | 4.5% | -36.5% |
| 2012 | 6.4% | +41.3% |
| 2013 | 6.6% | +3.7% |
| 2014 | 6.7% | +1.4% |
| 2015 | 6.3% | -5.6% |
| 2016 | 6.0% | -4.3% |
| 2017 | 6.3% | +4.5% |
| 2018 | 6.4% | +1.5% |
| 2019 | 7.3% | +13.3% |
| 2020 | 8.7% | +19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.5% | 0.8% | 6 |
| 1980s | 0.9% | 0.5% | 1.4% | 10 |
| 1990s | 1.0% | 0.7% | 1.4% | 10 |
| 2000s | 5.5% | 1.6% | 7.6% | 10 |
| 2010s | 6.4% | 4.5% | 7.3% | 10 |
| 2020s | 8.7% | 8.7% | 8.7% | 1 |
Countries ranked near Togo
- 34 Montenegro 9.7% compare
- 35 Sao Tome and Principe 9.7% compare
- 36 Republic of Moldova 9.4% compare
- 38 Philippines 8.5% compare
- 39 Zimbabwe 8.5% compare
- 40 Albania 8.4% 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 (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)
- Gross capital formation (constant 2015 US$), per capita 474.82 constant 2015 US$ per person (2023)
- Imports of goods and services (current US$), annual growth rate 8.71 % change on previous year (2023)
- Imports of goods and services (current US$), per unit of GDP 0.3535 current US$ per US$ of GDP (2023)
- Imports of goods and services (current US$), per capita 417.92 current US$ per person (2023)
- Imports of goods and services (current LCU), annual growth rate 5.71 % change on previous year (2023)
- Imports of goods and services (current LCU), per unit of GDP 214.41 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is personal remittances, received in Togo?
- Personal remittances, received in Togo was 8.7% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Togo?
- The highest recorded value was 8.7% in 2020.
- What is the lowest personal remittances, received recorded in Togo?
- The lowest recorded value was 0.5% in 1974.
- How does Togo rank for personal remittances, received?
- Togo ranks 37th out of 196 countries with data for 2020.
- Is personal remittances, received rising or falling in Togo?
- Over the last ten years it is up 22.4%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.