Depositors with commercial banks (per 1,000 adults) in Togo
Togo: Depositors with commercial banks (per 1,000 adults) was 197.18 per 1,000 adults in 2024. ▲ Rising
Depositors with commercial banks in Togo, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, depositors with commercial banks in Togo stood at 197.18 per 1,000 adults.
Compared with earlier readings it is up 14.3% on the previous year and down 15.7% over ten years.
Over the whole period, depositors with commercial banks in Togo peaked at 234 per 1,000 adults in 2014 and was at its lowest, 55.18 per 1,000 adults, in 2005.
That places Togo 86th out of 104 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Depositors with commercial banks (per 1,000 adults) in Togo, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 77.03 per 1,000 adults | — |
| 2005 | 55.18 per 1,000 adults | -28.4% |
| 2006 | 60.3 per 1,000 adults | +9.3% |
| 2007 | 68.41 per 1,000 adults | +13.4% |
| 2008 | 199.35 per 1,000 adults | +191.4% |
| 2009 | 184.07 per 1,000 adults | -7.7% |
| 2010 | 148.37 per 1,000 adults | -19.4% |
| 2011 | 147.05 per 1,000 adults | -0.9% |
| 2012 | 147.05 per 1,000 adults | -0.0% |
| 2013 | 157.82 per 1,000 adults | +7.3% |
| 2014 | 234 per 1,000 adults | +48.3% |
| 2015 | 222.73 per 1,000 adults | -4.8% |
| 2016 | 207.95 per 1,000 adults | -6.6% |
| 2017 | 219.16 per 1,000 adults | +5.4% |
| 2018 | 205.79 per 1,000 adults | -6.1% |
| 2019 | 220.28 per 1,000 adults | +7.0% |
| 2020 | 200.21 per 1,000 adults | -9.1% |
| 2021 | 174.11 per 1,000 adults | -13.0% |
| 2022 | 180.27 per 1,000 adults | +3.5% |
| 2023 | 172.45 per 1,000 adults | -4.3% |
| 2024 | 197.18 per 1,000 adults | +14.3% |
Togo compared with similar countries
- Togo's 197.18 per 1,000 adults is below the median for lower middle income countries, which is 604.91 per 1,000 adults, 33% of the median. (36 countries reporting)
- Togo's 197.18 per 1,000 adults is below the median for Sub-Saharan Africa, which is 246.28 per 1,000 adults, 80% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Depositors with commercial banks (per 1,000 adults) 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 |
|---|---|---|---|
| 2008 | +191.4% | 68.41 per 1,000 adults | 199.35 per 1,000 adults |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 107.39 per 1,000 adults | 55.18 per 1,000 adults | 199.35 per 1,000 adults | 6 |
| 2010s | 191.02 per 1,000 adults | 147.05 per 1,000 adults | 234 per 1,000 adults | 10 |
| 2020s | 184.85 per 1,000 adults | 172.45 per 1,000 adults | 200.21 per 1,000 adults | 5 |
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 depositors with commercial banks in Togo?
- Depositors with commercial banks in Togo was 197.18 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Togo?
- The highest recorded value was 234 per 1,000 adults in 2014.
- What is the lowest depositors with commercial banks recorded in Togo?
- The lowest recorded value was 55.18 per 1,000 adults in 2005.
- How does Togo rank for depositors with commercial banks?
- Togo ranks 86th out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Togo?
- Over the last ten years it is down 15.7%. 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 Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.