Account ownership at a financial institution or with a in Togo
Togo: Account ownership at a financial institution or with a was 61.1% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Togo, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 25+.
Analysis
In 2024, account ownership at a financial institution or with a in Togo stood at 61.1%. That is the highest value across all 5 years on record.
That represents a change of up 15.2% on the previous year and up 188.7% over ten years.
Over the whole period, account ownership at a financial institution or with a in Togo peaked at 61.1% in 2024 and was at its lowest, 11.9%, in 2011.
That places Togo 80th out of 106 countries with data for 2024, putting it in the bottom quarter.
Account ownership at a financial institution or with a in Togo, year by year
| Year | % of population ages 25+ | Change |
|---|---|---|
| 2011 | 11.9% | — |
| 2014 | 21.2% | +78.2% |
| 2017 | 46.0% | +117.2% |
| 2021 | 53.0% | +15.4% |
| 2024 | 61.1% | +15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.3% | 11.9% | 46.0% | 3 |
| 2020s | 57.1% | 53.0% | 61.1% | 2 |
Countries ranked near Togo
- 77 Tanzania, United Republic of 63.1% compare
- 78 Cameroon 62.9% compare
- 79 Azerbaijan 61.7% compare
- 81 Peru 61.0% compare
- 82 Bolivia, Plurinational State of 58.0% compare
- 83 Benin 57.4% compare
More financial sector data for Togo
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.15 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.3 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.15 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Togo?
- Account ownership at a financial institution or with a in Togo was 61.1% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Togo?
- The highest recorded value was 61.1% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Togo?
- The lowest recorded value was 11.9% in 2011.
- How does Togo rank for account ownership at a financial institution or with a?
- Togo ranks 80th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Togo?
- Over the last ten years it is up 188.7%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, older adults (% of population ages 25+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (older adults, % of population ages 25+).