Subsidies in Togo
Togo: Subsidies was 34.13 million current US$ in 2005. ▲ Rising
Subsidies in Togo, 1997–2005
Source: World Bank country economists. Measured in current US$.
Analysis
Togo recorded 34.13 million current US$ for subsidies in 2005. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 80.5% over ten years.
Over the whole period, subsidies in Togo peaked at 34.13 million current US$ in 2005 and was at its lowest, 18.01 million current US$, in 2001.
Togo ranks 8th of 24 countries on this measure, in the middle of the range.
Subsidies in Togo, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 18.91 million current US$ | — |
| 1998 | 24.24 million current US$ | +28.2% |
| 1999 | 27.77 million current US$ | +14.6% |
| 2000 | 22.47 million current US$ | -19.1% |
| 2001 | 18.01 million current US$ | -19.9% |
| 2002 | 23.53 million current US$ | +30.7% |
| 2003 | 28.05 million current US$ | +19.2% |
| 2004 | 32.75 million current US$ | +16.8% |
| 2005 | 34.13 million current US$ | +4.2% |
Togo compared with similar countries
- Togo's 34.13 million current US$ is above the median for Sub-Saharan Africa, which is 7.15 million current US$, 4.8× the median. (23 countries reporting)
- Togo's 34.13 million current US$ is above the median for lower middle income countries, which is 7.22 million current US$, 4.7× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.64 million current US$ | 18.91 million current US$ | 27.77 million current US$ | 3 |
| 2000s | 26.49 million current US$ | 18.01 million current US$ | 34.13 million current US$ | 6 |
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$) 19.6 % change on previous year (2023)
Frequently asked questions
- What is subsidies in Togo?
- Subsidies in Togo was 34.13 million current US$ in 2005, according to World Bank country economists.
- What is the highest subsidies recorded in Togo?
- The highest recorded value was 34.13 million current US$ in 2005.
- What is the lowest subsidies recorded in Togo?
- The lowest recorded value was 18.01 million current US$ in 2001.
- How does Togo rank for subsidies?
- Togo ranks 8th out of 24 countries with data for 2005.
- Is subsidies rising or falling in Togo?
- Over the last ten years it is up 80.5%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from World Bank country economists, published as part of Subsidies (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current U.S. dollars.