Account ownership at a financial institution or with a in Togo

Togo: Account ownership at a financial institution or with a was 43.7% in 2024. ◆ Volatile

Latest (2024)
43.7%
Change on year
up 11.8%
World rank
80th
of 102 countries
All-time high
43.7%
in 2024
All-time low
6.0%
in 2011
Years of data
5
2011–2024

Account ownership at a financial institution or with a in Togo, 2011–2024

102030402011201720242011: 6 % of population ages 15+2014: 8.1 % of population ages 15+2017: 34.7 % of population ages 15+2021: 39 % of population ages 15+2024: 43.7 % of population ages 15+

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.

Analysis

Togo recorded 43.7% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 11.8% on the previous year and up 436.2% over ten years.

Over the whole period, account ownership at a financial institution or with a in Togo peaked at 43.7% in 2024 and was at its lowest, 6.0%, in 2011.

Togo ranks 80th of 102 countries on this measure, in the bottom quarter.

Account ownership at a financial institution or with a in Togo, year by year

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% of population ages 15+) in Togo, 2011 to 2024.
Year % of population ages 15+ Change
2011 6.0%
2014 8.1% +36.8%
2017 34.7% +326.7%
2021 39.0% +12.4%
2024 43.7% +11.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 16.3% 6.0% 34.7% 3
2020s 41.3% 39.0% 43.7% 2

Countries ranked near Togo

  1. 77 Panama 45.5% compare
  2. 78 Cameroon 44.9% compare
  3. 79 Peru 44.6% compare
  4. 81 Republic of Moldova 43.5% compare
  5. 82 Colombia 42.9% compare
  6. 83 Congo 41.7% compare

See the full ranking of 114 places →

More financial sector data for Togo

All data for Togo →

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 43.7% 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 43.7% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in Togo?
The lowest recorded value was 6.0% in 2011.
How does Togo rank for account ownership at a financial institution or with a?
Togo ranks 80th out of 102 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 436.2%. The long-run trend across the full record is volatile.
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, poorest 40% (% of population ages 15+). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in Togo. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider/togo/

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<a href="https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider/togo/">Account ownership at a financial institution or with a in Togo</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed

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 (poorest 40%, share of population ages 15+).