Borrowers from commercial banks in Togo
Togo: Borrowers from commercial banks was 37.25 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Togo, 2019–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Togo is 37.25 per 1,000 adults, measured in 2024. That is the highest value across all 6 years on record.
The figure is up 1.7% on the previous year and up 13.3% over ten years.
That places Togo 95th out of 113 countries with data for 2024, putting it in the bottom quarter.
Borrowers from commercial banks in Togo, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2019 | 32.88 per 1,000 adults | — |
| 2020 | 33.35 per 1,000 adults | +1.4% |
| 2021 | 32.13 per 1,000 adults | -3.6% |
| 2022 | 29.68 per 1,000 adults | -7.6% |
| 2023 | 36.62 per 1,000 adults | +23.4% |
| 2024 | 37.25 per 1,000 adults | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.88 per 1,000 adults | 32.88 per 1,000 adults | 32.88 per 1,000 adults | 1 |
| 2020s | 33.8 per 1,000 adults | 29.68 per 1,000 adults | 37.25 per 1,000 adults | 5 |
Countries ranked near Togo
More financial sector data for Togo
- Net domestic credit (current LCU), per capita 286,343 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 206.91 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 7.41 % change on previous year (2025)
- Reserve tranche position, SDR, per capita 2.3 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 3.15 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, SDR, per capita 2.3 units per person (2025)
Frequently asked questions
- What is borrowers from commercial banks in Togo?
- Borrowers from commercial banks in Togo was 37.25 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Togo?
- The highest recorded value was 37.25 per 1,000 adults in 2024.
- What is the lowest borrowers from commercial banks recorded in Togo?
- The lowest recorded value was 29.68 per 1,000 adults in 2022.
- How does Togo rank for borrowers from commercial banks?
- Togo ranks 95th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Togo?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.