Current account balance (credit less debit), Percent of GDP (Balance) in Togo
Togo: Current account balance (credit less debit), Percent of GDP (Balance) was -2.77 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Togo, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp (balance) in Togo is -2.77, measured in 2027.
The figure is up 12.7% on the previous year and down 83.3% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Togo peaked at -0.277 in 2020 and was at its lowest, -8.72, in 2013.
That places Togo 22nd out of 45 countries with data for 2027, 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), Percent of GDP (Balance) in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -6.96 | — |
| 2001 | -8.47 | +21.7% |
| 2002 | -6.09 | -28.1% |
| 2003 | -5.69 | -6.6% |
| 2004 | -6.8 | +19.6% |
| 2005 | -6.63 | -2.5% |
| 2006 | -5.56 | -16.1% |
| 2007 | -5.75 | +3.3% |
| 2008 | -4.87 | -15.3% |
| 2009 | -3.76 | -22.8% |
| 2010 | -3.62 | -3.7% |
| 2011 | -4.9 | +35.6% |
| 2012 | -4.71 | -3.9% |
| 2013 | -8.72 | +84.9% |
| 2014 | -6.56 | -24.8% |
| 2015 | -7.47 | +13.9% |
| 2016 | -7.19 | -3.7% |
| 2017 | -1.51 | -79.0% |
| 2018 | -2.63 | +73.8% |
| 2019 | -0.7929 | -69.8% |
| 2020 | -0.277 | -65.1% |
| 2021 | -2.19 | +689.3% |
| 2022 | -3.28 | +50.0% |
| 2023 | -3.76 | +14.8% |
| 2024 | -2.44 | -35.3% |
| 2025 | -1.02 | -58.3% |
| 2026 | -3.18 | +212.8% |
| 2027 | -2.77 | -12.7% |
Togo compared with similar countries
- Togo's -2.77 is above the median for Sub-Saharan Africa, which is -2.9, 96% of the median. (45 countries reporting)
- Togo's -2.77 is above the median for lower middle income countries, which is -2.77, 1.0× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in Togo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -689.3% | -0.277 | -2.19 |
| 2026 | -212.8% | -1.02 | -3.18 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.06 | -8.47 | -3.76 | 10 |
| 2010s | -4.81 | -8.72 | -0.7929 | 10 |
| 2020s | -2.36 | -3.76 | -0.277 | 8 |
Countries ranked near Togo
- 19 Lesotho -2.31 compare
- 20 Equatorial Guinea -2.39 compare
- 21 Uganda -2.73 compare
- 23 Sierra Leone -2.9 compare
- 24 Cote d'Ivoire -3.1 compare
- 25 Central African Republic -3.6 compare
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 current account balance (credit less debit), percent of gdp (balance) in Togo?
- Current account balance (credit less debit), percent of gdp (balance) in Togo was -2.77 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Togo?
- The highest recorded value was -0.277 in 2020.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Togo?
- The lowest recorded value was -8.72 in 2013.
- How does Togo rank for current account balance (credit less debit), percent of gdp (balance)?
- Togo ranks 22nd out of 45 countries with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Togo?
- Over the last ten years it is down 83.3%. 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), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.