Domestic credit to private sector in Togo
Togo: Domestic credit to private sector was 23.0% in 2025. ▲ Rising
Domestic credit to private sector in Togo, 1962–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Togo recorded 23.0% for domestic credit to private sector in 2025.
Compared with earlier readings it is down 9.3% on the previous year and down 21.2% over ten years.
Over the whole period, domestic credit to private sector in Togo peaked at 30.4% in 2016 and was at its lowest, 4.8%, in 1965.
Togo ranks 134th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Domestic credit to private sector in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | 7.8% | — |
| 1963 | 8.0% | +2.1% |
| 1964 | 7.7% | -4.2% |
| 1965 | 4.8% | -36.9% |
| 1966 | 4.9% | +1.6% |
| 1967 | 5.4% | +9.1% |
| 1968 | 7.1% | +31.4% |
| 1969 | 6.5% | -8.1% |
| 1970 | 8.4% | +30.4% |
| 1971 | 8.5% | +0.2% |
| 1972 | 8.5% | +0.7% |
| 1973 | 10.4% | +22.2% |
| 1974 | 8.5% | -18.1% |
| 1975 | 13.2% | +54.6% |
| 1976 | 15.3% | +16.3% |
| 1977 | 16.4% | +6.9% |
| 1978 | 19.4% | +18.4% |
| 1979 | 21.7% | +11.9% |
| 1980 | 19.4% | -10.5% |
| 1981 | 17.2% | -11.6% |
| 1982 | 18.7% | +8.6% |
| 1983 | 16.8% | -10.0% |
| 1984 | 16.3% | -2.9% |
| 1985 | 14.8% | -9.6% |
| 1986 | 17.6% | +19.4% |
| 1987 | 18.2% | +3.3% |
| 1988 | 17.3% | -5.1% |
| 1989 | 16.0% | -7.3% |
| 1990 | 16.0% | -0.1% |
| 1991 | 17.6% | +10.1% |
| 1992 | 17.7% | +0.6% |
| 1993 | 20.9% | +18.2% |
| 1994 | 13.3% | -36.5% |
| 1995 | 14.2% | +6.9% |
| 1996 | 13.3% | -6.4% |
| 1997 | 12.6% | -5.5% |
| 1998 | 12.3% | -2.4% |
| 1999 | 10.7% | -12.8% |
| 2000 | 9.9% | -7.8% |
| 2001 | 9.1% | -8.0% |
| 2002 | 8.1% | -10.6% |
| 2003 | 10.1% | +23.7% |
| 2004 | 9.4% | -6.9% |
| 2005 | 10.2% | +8.6% |
| 2006 | 11.2% | +10.7% |
| 2007 | 16.2% | +43.8% |
| 2008 | 13.6% | -15.7% |
| 2009 | 14.2% | +4.1% |
| 2010 | 15.7% | +10.9% |
| 2011 | 20.1% | +27.8% |
| 2012 | 21.9% | +8.9% |
| 2013 | 27.2% | +24.6% |
| 2014 | 25.5% | -6.5% |
| 2015 | 29.2% | +14.5% |
| 2016 | 30.4% | +4.3% |
| 2017 | 29.6% | -2.6% |
| 2018 | 27.8% | -6.2% |
| 2019 | 27.6% | -0.8% |
| 2020 | 26.9% | -2.5% |
| 2021 | 26.2% | -2.5% |
| 2022 | 26.6% | +1.4% |
| 2023 | 26.3% | -1.1% |
| 2024 | 25.4% | -3.5% |
| 2025 | 23.0% | -9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.5% | 4.8% | 8.0% | 8 |
| 1970s | 13.0% | 8.4% | 21.7% | 10 |
| 1980s | 17.2% | 14.8% | 19.4% | 10 |
| 1990s | 14.9% | 10.7% | 20.9% | 10 |
| 2000s | 11.2% | 8.1% | 16.2% | 10 |
| 2010s | 25.5% | 15.7% | 30.4% | 10 |
| 2020s | 25.7% | 23.0% | 26.9% | 6 |
Countries ranked near Togo
- 131 Ireland 23.8% compare
- 132 Micronesia, Federated States of 23.4% compare
- 133 Eswatini 23.1% compare
- 135 Mauritania 22.7% compare
- 136 Burkina Faso 22.7% compare
- 137 Côte d'Ivoire 22.7% 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 domestic credit to private sector in Togo?
- Domestic credit to private sector in Togo was 23.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Togo?
- The highest recorded value was 30.4% in 2016.
- What is the lowest domestic credit to private sector recorded in Togo?
- The lowest recorded value was 4.8% in 1965.
- How does Togo rank for domestic credit to private sector?
- Togo ranks 134th out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in Togo?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.