Commercial bank branches in Togo
Togo: Commercial bank branches was 4.38 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Togo, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
The most recent figure for commercial bank branches in Togo is 4.38 per 100,000 adults, measured in 2024.
Compared with earlier readings it is down 6.5% on the previous year and down 5.3% over ten years.
Over the whole period, commercial bank branches in Togo peaked at 5.36 per 100,000 adults in 2016 and was at its lowest, 1.12 per 100,000 adults, in 2004.
Togo ranks 149th of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Togo, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 1.12 per 100,000 adults | — |
| 2005 | 1.15 per 100,000 adults | +2.5% |
| 2006 | 1.51 per 100,000 adults | +31.8% |
| 2007 | 2.74 per 100,000 adults | +81.0% |
| 2008 | 3.6 per 100,000 adults | +31.4% |
| 2009 | 3.76 per 100,000 adults | +4.4% |
| 2010 | 3.94 per 100,000 adults | +4.8% |
| 2011 | 4.16 per 100,000 adults | +5.6% |
| 2012 | 4.2 per 100,000 adults | +0.9% |
| 2013 | 4.3 per 100,000 adults | +2.5% |
| 2014 | 4.62 per 100,000 adults | +7.5% |
| 2015 | 4.99 per 100,000 adults | +8.0% |
| 2016 | 5.36 per 100,000 adults | +7.3% |
| 2017 | 5.3 per 100,000 adults | -1.1% |
| 2018 | 4.93 per 100,000 adults | -6.9% |
| 2019 | 5.2 per 100,000 adults | +5.4% |
| 2020 | 5.29 per 100,000 adults | +1.8% |
| 2021 | 4.87 per 100,000 adults | -8.1% |
| 2022 | 4.82 per 100,000 adults | -0.9% |
| 2023 | 4.68 per 100,000 adults | -2.9% |
| 2024 | 4.38 per 100,000 adults | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.31 per 100,000 adults | 1.12 per 100,000 adults | 3.76 per 100,000 adults | 6 |
| 2010s | 4.7 per 100,000 adults | 3.94 per 100,000 adults | 5.36 per 100,000 adults | 10 |
| 2020s | 4.81 per 100,000 adults | 4.38 per 100,000 adults | 5.29 per 100,000 adults | 5 |
Countries ranked near Togo
- 146 Peru 4.49 per 100,000 adults compare
- 147 Latvia 4.44 per 100,000 adults compare
- 148 Syria 4.43 per 100,000 adults compare
- 150 Cote d'Ivoire 4.2 per 100,000 adults compare
- 151 Guinea-Bissau 4.01 per 100,000 adults compare
- 152 Netherlands 3.96 per 100,000 adults compare
More financial sector data for Togo
- Net domestic credit (current LCU), annual growth rate 7.41 % change on previous year (2025)
- Net domestic credit (current LCU), per unit of GDP 206.91 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), per capita 286,343 current LCU per person (2025)
- Net foreign assets (current LCU), annual growth rate -6.43 % change on previous year (2025)
- Net foreign assets (current LCU), per unit of GDP 105.76 current LCU per US$ of GDP (2025)
- Net foreign assets (current LCU), per capita 146,365 current LCU per person (2025)
- Net migration, annual growth rate -7.11 % change on previous year (2025)
- Net migration -15,010 (2025)
- Official exchange rate 581.93 LCU per US$, period average (2025)
- Domestic credit to private sector 23.0% (2025)
Frequently asked questions
- What is commercial bank branches in Togo?
- Commercial bank branches in Togo was 4.38 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Togo?
- The highest recorded value was 5.36 per 100,000 adults in 2016.
- What is the lowest commercial bank branches recorded in Togo?
- The lowest recorded value was 1.12 per 100,000 adults in 2004.
- How does Togo rank for commercial bank branches?
- Togo ranks 149th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Togo?
- Over the last ten years it is down 5.3%. 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 Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.