Bank concentration in Togo
Togo: Bank concentration was 62.4% in 2019. ▼ Falling
Bank concentration in Togo, 2002–2019
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in Togo is 62.4%, measured in 2019. That is the lowest value across all 17 years on record.
That represents a change of down 6.8% on the previous year and down 33.6% over ten years.
Over the whole period, bank concentration in Togo peaked at 100.0% in 2002 and was at its lowest, 62.4%, in 2019.
That places Togo 120th out of 170 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Bank concentration in Togo, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 100.0% | — |
| 2003 | 100.0% | +0.0% |
| 2005 | 100.0% | +0.0% |
| 2006 | 94.6% | -5.4% |
| 2007 | 100.0% | +5.7% |
| 2008 | 100.0% | +0.0% |
| 2009 | 94.0% | -6.0% |
| 2010 | 100.0% | +6.4% |
| 2011 | 100.0% | +0.0% |
| 2012 | 83.7% | -16.3% |
| 2013 | 87.1% | +4.1% |
| 2014 | 100.0% | +14.8% |
| 2015 | 73.0% | -27.0% |
| 2016 | 65.6% | -10.0% |
| 2017 | 65.1% | -0.9% |
| 2018 | 66.9% | +2.9% |
| 2019 | 62.4% | -6.8% |
Togo compared with similar countries
- Togo's 62.4% is below the median for lower middle income countries, which is 68.4%, 91% of the median. (38 countries reporting)
- Togo's 62.4% is below the median for Sub-Saharan Africa, which is 77.1%, 81% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.4% | 94.0% | 100.0% | 7 |
| 2010s | 80.4% | 62.4% | 100.0% | 10 |
Countries ranked near Togo
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 bank concentration in Togo?
- Bank concentration in Togo was 62.4% in 2019, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Togo?
- The highest recorded value was 100.0% in 2002.
- What is the lowest bank concentration recorded in Togo?
- The lowest recorded value was 62.4% in 2019.
- How does Togo rank for bank concentration?
- Togo ranks 120th out of 170 countries with data for 2019.
- Is bank concentration rising or falling in Togo?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is falling.
- Where does this Togo data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.