Domestic credit to private sector in Togo
Togo: Domestic credit to private sector was 26.6% in 2020. ▲ Rising
Domestic credit to private sector in Togo, 1962–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Togo is 26.6%, measured in 2020.
Compared with earlier readings it is down 0.5% on the previous year and up 22.2% over ten years.
Over the whole period, domestic credit to private sector in Togo peaked at 40.2% in 2015 and was at its lowest, 6.8%, in 1965.
Togo ranks 132nd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 59 years of available data.
Domestic credit to private sector in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | 11.1% | — |
| 1963 | 11.3% | +2.1% |
| 1964 | 10.8% | -4.2% |
| 1965 | 6.8% | -36.9% |
| 1966 | 6.9% | +1.6% |
| 1967 | 7.6% | +9.1% |
| 1968 | 10.0% | +31.4% |
| 1969 | 9.2% | -8.1% |
| 1970 | 11.9% | +30.4% |
| 1971 | 12.0% | +0.2% |
| 1972 | 12.0% | +0.7% |
| 1973 | 14.7% | +22.2% |
| 1974 | 12.1% | -18.1% |
| 1975 | 18.6% | +54.6% |
| 1976 | 21.7% | +16.3% |
| 1977 | 23.2% | +6.9% |
| 1978 | 27.4% | +18.4% |
| 1979 | 30.7% | +11.9% |
| 1980 | 27.5% | -10.5% |
| 1981 | 24.3% | -11.6% |
| 1982 | 26.4% | +8.6% |
| 1983 | 23.7% | -10.0% |
| 1984 | 23.0% | -2.9% |
| 1985 | 20.8% | -9.6% |
| 1986 | 24.9% | +19.4% |
| 1987 | 25.7% | +3.3% |
| 1988 | 24.4% | -5.1% |
| 1989 | 22.6% | -7.3% |
| 1990 | 22.6% | -0.1% |
| 1991 | 24.9% | +10.1% |
| 1992 | 25.0% | +0.6% |
| 1993 | 29.6% | +18.2% |
| 1994 | 18.8% | -36.5% |
| 1995 | 20.1% | +6.9% |
| 1996 | 18.8% | -6.4% |
| 1997 | 17.8% | -5.5% |
| 1998 | 17.3% | -2.4% |
| 1999 | 15.1% | -12.8% |
| 2000 | 14.0% | -7.8% |
| 2001 | 12.8% | -8.0% |
| 2002 | 11.5% | -10.6% |
| 2003 | 14.2% | +23.7% |
| 2004 | 13.2% | -6.9% |
| 2005 | 14.3% | +8.6% |
| 2006 | 15.9% | +10.7% |
| 2007 | 22.8% | +43.8% |
| 2008 | 18.8% | -17.8% |
| 2009 | 19.8% | +5.5% |
| 2010 | 21.7% | +9.8% |
| 2011 | 28.1% | +29.3% |
| 2012 | 30.6% | +8.7% |
| 2013 | 38.0% | +24.2% |
| 2014 | 35.6% | -6.2% |
| 2015 | 40.2% | +12.8% |
| 2016 | 30.6% | -23.8% |
| 2017 | 29.6% | -3.3% |
| 2018 | 27.5% | -7.2% |
| 2019 | 26.7% | -2.8% |
| 2020 | 26.6% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.2% | 6.8% | 11.3% | 8 |
| 1970s | 18.4% | 11.9% | 30.7% | 10 |
| 1980s | 24.3% | 20.8% | 27.5% | 10 |
| 1990s | 21.0% | 15.1% | 29.6% | 10 |
| 2000s | 15.7% | 11.5% | 22.8% | 10 |
| 2010s | 30.9% | 21.7% | 40.2% | 10 |
| 2020s | 26.6% | 26.6% | 26.6% | 1 |
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 domestic credit to private sector in Togo?
- Domestic credit to private sector in Togo was 26.6% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Togo?
- The highest recorded value was 40.2% in 2015.
- What is the lowest domestic credit to private sector recorded in Togo?
- The lowest recorded value was 6.8% in 1965.
- How does Togo rank for domestic credit to private sector?
- Togo ranks 132nd out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Togo?
- Over the last ten years it is up 22.2%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.