Depositors with commercial banks in Togo
Togo: Depositors with commercial banks 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 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% |
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
- 83 Burkina Faso 234.52 per 1,000 adults compare
- 84 Syrian Arab Republic 213.79 per 1,000 adults compare
- 85 Afghanistan 199.74 per 1,000 adults compare
- 87 Gabon 195.41 per 1,000 adults compare
- 88 Malawi 187.99 per 1,000 adults compare
- 89 Mali 182.59 per 1,000 adults compare
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 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.