Current account balance (credit less debit), Net (credits less debits) in Togo
Togo: Current account balance (credit less debit), Net (credits less debits) was -20.74 million in 2020. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Togo, 2005–2020
Source: International Monetary Fund.
Analysis
Togo recorded -20.74 million for current account balance (credit less debit), net (credits less debits) in 2020. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 62.6% on the previous year and up 89.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Togo peaked at -20.74 million in 2020 and was at its lowest, -568.42 million, in 2013.
That places Togo 87th out of 198 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -203.98 million | — |
| 2006 | -176.45 million | -13.5% |
| 2007 | -216.05 million | +22.4% |
| 2008 | -222.86 million | +3.2% |
| 2009 | -177.38 million | -20.4% |
| 2010 | -199.90 million | +12.7% |
| 2011 | -302.10 million | +51.1% |
| 2012 | -294.12 million | -2.6% |
| 2013 | -568.42 million | +93.3% |
| 2014 | -458.47 million | -19.3% |
| 2015 | -461.02 million | +0.6% |
| 2016 | -436.63 million | -5.3% |
| 2017 | -96.64 million | -77.9% |
| 2018 | -184.85 million | +91.3% |
| 2019 | -55.44 million | -70.0% |
| 2020 | -20.74 million | -62.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -199.34 million | -222.86 million | -176.45 million | 5 |
| 2010s | -305.76 million | -568.42 million | -55.44 million | 10 |
| 2020s | -20.74 million | -20.74 million | -20.74 million | 1 |
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)
- Domestic credit to private sector by banks 22.9% (2025)
- Net domestic credit 2.46 trillion current LCU (2025)
- Net foreign assets 1.26 trillion current LCU (2025)
- Monetary Sector credit to private sector 23.0% (2025)
- Broad money 45.6% (2025)
- Claims on central government, etc. 9.5% (2025)
- Domestic credit to private sector 23.0% (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Togo?
- Current account balance (credit less debit), net (credits less debits) in Togo was -20.74 million in 2020, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Togo?
- The highest recorded value was -20.74 million in 2020.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Togo?
- The lowest recorded value was -568.42 million in 2013.
- How does Togo rank for current account balance (credit less debit), net (credits less debits)?
- Togo ranks 87th out of 198 countries with data for 2020.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Togo?
- Over the last ten years it is up 89.6%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.