Short-term debt in Togo
Togo: Short-term debt was 16.0% in 2020. ◆ Volatile
Short-term debt in Togo, 1974–2020
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Togo recorded 16.0% for short-term debt in 2020.
The figure is down 5.2% on the previous year and up 474.0% over ten years.
Over the whole period, short-term debt in Togo peaked at 36.7% in 2002 and was at its lowest, 0.1%, in 1975.
Togo ranks 50th of 119 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Togo, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1974 | 0.1% | — |
| 1975 | 0.1% | -30.5% |
| 1976 | 0.3% | +207.0% |
| 1977 | 17.4% | +6719.9% |
| 1978 | 33.5% | +93.2% |
| 1979 | 30.9% | -7.7% |
| 1980 | 21.1% | -31.8% |
| 1981 | 23.2% | +10.2% |
| 1982 | 28.3% | +21.6% |
| 1983 | 19.8% | -29.9% |
| 1984 | 16.4% | -17.4% |
| 1985 | 18.9% | +15.2% |
| 1986 | 18.1% | -4.2% |
| 1987 | 19.0% | +5.2% |
| 1988 | 15.4% | -19.1% |
| 1989 | 29.0% | +88.8% |
| 1990 | 16.2% | -44.1% |
| 1991 | 20.1% | +23.6% |
| 1992 | 24.2% | +20.8% |
| 1993 | 25.9% | +6.9% |
| 1994 | 35.4% | +36.8% |
| 1995 | 17.9% | -49.4% |
| 1996 | 14.6% | -18.6% |
| 1997 | 8.1% | -44.8% |
| 1998 | 9.6% | +19.0% |
| 1999 | 30.7% | +220.8% |
| 2000 | 29.0% | -5.8% |
| 2001 | 32.6% | +12.6% |
| 2002 | 36.7% | +12.7% |
| 2003 | 24.4% | -33.6% |
| 2004 | 24.7% | +1.3% |
| 2005 | 25.4% | +2.7% |
| 2006 | 26.3% | +3.7% |
| 2007 | 31.8% | +20.8% |
| 2008 | 8.8% | -72.2% |
| 2009 | 3.7% | -58.2% |
| 2010 | 2.8% | -24.5% |
| 2011 | 0.3% | -90.0% |
| 2012 | 2.5% | +790.5% |
| 2013 | 3.8% | +52.6% |
| 2014 | 4.1% | +9.6% |
| 2015 | 3.4% | -17.6% |
| 2016 | 3.1% | -8.2% |
| 2017 | 14.4% | +361.7% |
| 2018 | 14.2% | -1.4% |
| 2019 | 16.9% | +18.4% |
| 2020 | 16.0% | -5.2% |
Togo compared with similar countries
- Togo's 16.0% is above the median for lower middle income countries, which is 13.3%, 1.2× the median. (43 countries reporting)
- Togo's 16.0% is above the median for Sub-Saharan Africa, which is 9.1%, 1.8× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 1977 | +6719.9% | 0.3% | 17.4% |
| 2012 | +790.5% | 0.3% | 2.5% |
| 2017 | +361.7% | 3.1% | 14.4% |
| 1999 | +220.8% | 9.6% | 30.7% |
| 1976 | +207.0% | 0.1% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.7% | 0.1% | 33.5% | 6 |
| 1980s | 20.9% | 15.4% | 29.0% | 10 |
| 1990s | 20.3% | 8.1% | 35.4% | 10 |
| 2000s | 24.3% | 3.7% | 36.7% | 10 |
| 2010s | 6.6% | 0.3% | 16.9% | 10 |
| 2020s | 16.0% | 16.0% | 16.0% | 1 |
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)
- 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 short-term debt in Togo?
- Short-term debt in Togo was 16.0% in 2020, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Togo?
- The highest recorded value was 36.7% in 2002.
- What is the lowest short-term debt recorded in Togo?
- The lowest recorded value was 0.1% in 1975.
- How does Togo rank for short-term debt?
- Togo ranks 50th out of 119 countries with data for 2020.
- Is short-term debt rising or falling in Togo?
- Over the last ten years it is up 474.0%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). 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
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.