Bank credit to bank deposits in Togo
Togo: Bank credit to bank deposits was 65.4% in 2021. ▼ Falling
Bank credit to bank deposits in Togo, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Togo is 65.4%, measured in 2021.
That represents a change of down 6.8% on the previous year and down 19.3% over ten years.
Over the whole period, bank credit to bank deposits in Togo peaked at 302.9% in 1961 and was at its lowest, 61.3%, in 2008.
That places Togo 121st out of 186 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 62 years of available data.
Bank credit to bank deposits in Togo, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 260.0% | — |
| 1961 | 302.9% | +16.5% |
| 1962 | 242.4% | -20.0% |
| 1963 | 245.6% | +1.3% |
| 1964 | 201.0% | -18.1% |
| 1965 | 108.4% | -46.1% |
| 1966 | 111.6% | +2.9% |
| 1967 | 107.5% | -3.7% |
| 1968 | 120.5% | +12.1% |
| 1969 | 87.2% | -27.7% |
| 1970 | 99.4% | +13.9% |
| 1971 | 108.7% | +9.4% |
| 1972 | 119.9% | +10.3% |
| 1973 | 137.4% | +14.6% |
| 1974 | 73.8% | -46.3% |
| 1975 | 136.5% | +85.0% |
| 1976 | 119.8% | -12.2% |
| 1977 | 136.8% | +14.1% |
| 1978 | 113.3% | -17.2% |
| 1979 | 126.8% | +11.9% |
| 1980 | 145.6% | +14.8% |
| 1981 | 126.2% | -13.3% |
| 1982 | 111.6% | -11.6% |
| 1983 | 94.4% | -15.4% |
| 1984 | 72.2% | -23.5% |
| 1985 | 67.9% | -6.0% |
| 1986 | 75.3% | +10.9% |
| 1987 | 84.2% | +11.8% |
| 1988 | 82.9% | -1.5% |
| 1989 | 77.1% | -7.0% |
| 1990 | 78.2% | +1.4% |
| 1991 | 87.8% | +12.3% |
| 1992 | 98.6% | +12.3% |
| 1993 | 100.0% | +1.5% |
| 1994 | 86.7% | -13.4% |
| 1995 | 104.3% | +20.3% |
| 1996 | 111.1% | +6.6% |
| 1997 | 115.2% | +3.6% |
| 1998 | 125.6% | +9.0% |
| 1999 | 112.8% | -10.2% |
| 2000 | 99.9% | -11.4% |
| 2001 | 90.8% | -9.1% |
| 2002 | 75.8% | -16.6% |
| 2003 | 79.9% | +5.5% |
| 2004 | 75.3% | -5.8% |
| 2005 | 78.4% | +4.2% |
| 2006 | 69.6% | -11.3% |
| 2007 | 79.2% | +13.8% |
| 2008 | 61.3% | -22.6% |
| 2009 | 62.9% | +2.7% |
| 2010 | 68.3% | +8.5% |
| 2011 | 81.0% | +18.7% |
| 2012 | 82.3% | +1.6% |
| 2013 | 87.3% | +6.0% |
| 2014 | 81.8% | -6.3% |
| 2015 | 83.8% | +2.5% |
| 2016 | 93.3% | +11.2% |
| 2017 | 87.3% | -6.4% |
| 2018 | 79.4% | -9.0% |
| 2019 | 78.5% | -1.2% |
| 2020 | 70.1% | -10.6% |
| 2021 | 65.4% | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 178.7% | 87.2% | 302.9% | 10 |
| 1970s | 117.2% | 73.8% | 137.4% | 10 |
| 1980s | 93.7% | 67.9% | 145.6% | 10 |
| 1990s | 102.0% | 78.2% | 125.6% | 10 |
| 2000s | 77.3% | 61.3% | 99.9% | 10 |
| 2010s | 82.3% | 68.3% | 93.3% | 10 |
| 2020s | 67.8% | 65.4% | 70.1% | 2 |
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 credit to bank deposits in Togo?
- Bank credit to bank deposits in Togo was 65.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Togo?
- The highest recorded value was 302.9% in 1961.
- What is the lowest bank credit to bank deposits recorded in Togo?
- The lowest recorded value was 61.3% in 2008.
- How does Togo rank for bank credit to bank deposits?
- Togo ranks 121st out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Togo?
- Over the last ten years it is down 19.3%. The long-run trend across the full record is falling.
- Where does this Togo data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).