Volume of remittances (in United States dollars) as a proportion of in Togo
Togo: Volume of remittances (in United States dollars) as a proportion of was 8.7% in 2020. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Togo, 2000–2020
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2020, volume of remittances (in united states dollars) as a proportion of in Togo stood at 8.7%. That is the highest value across all 21 years on record.
That represents a change of up 19.6% on the previous year and up 22.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Togo peaked at 8.7% in 2020 and was at its lowest, 1.6%, in 2000.
Togo ranks 39th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.6% | — |
| 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% |
Togo compared with similar countries
- Togo's 8.7% is above the median for lower middle income countries, which is 6.1%, 1.4× the median. (43 countries reporting)
- Togo's 8.7% is above the median for Sub-Saharan Africa, which is 2.9%, 3.0× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2001 | +101.4% | 1.6% | 3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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
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 volume of remittances (in united states dollars) as a proportion of in Togo?
- Volume of remittances (in united states dollars) as a proportion of in Togo was 8.7% in 2020, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Togo?
- The highest recorded value was 8.7% in 2020.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Togo?
- The lowest recorded value was 1.6% in 2000.
- How does Togo rank for volume of remittances (in united states dollars) as a proportion of?
- Togo ranks 39th out of 203 countries with data for 2020.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Togo?
- Over the last ten years it is up 22.4%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under UN SDG Global Database (open, attribution requested).