External loans and deposits of reporting banks vis-à-vis all sectors in Togo
Togo: External loans and deposits of reporting banks vis-à-vis all sectors was 7.4% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis all sectors in Togo, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Togo recorded 7.4% for external loans and deposits of reporting banks vis-à-vis all sectors in 2021. That is the lowest value across all 27 years on record.
Compared with earlier readings it is down 14.0% on the previous year and down 89.7% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Togo peaked at 156.5% in 1998 and was at its lowest, 7.4%, in 2021.
Togo ranks 158th of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis all sectors in Togo, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 113.8% | — |
| 1996 | 104.2% | -8.4% |
| 1997 | 94.3% | -9.5% |
| 1998 | 156.5% | +66.0% |
| 1999 | 99.0% | -36.8% |
| 2000 | 96.1% | -2.9% |
| 2001 | 96.4% | +0.3% |
| 2002 | 95.5% | -0.9% |
| 2003 | 73.1% | -23.5% |
| 2004 | 76.4% | +4.5% |
| 2005 | 71.2% | -6.7% |
| 2006 | 59.1% | -17.1% |
| 2007 | 62.2% | +5.2% |
| 2008 | 50.3% | -19.1% |
| 2009 | 43.0% | -14.5% |
| 2010 | 36.5% | -15.2% |
| 2011 | 71.5% | +96.1% |
| 2012 | 33.1% | -53.8% |
| 2013 | 25.7% | -22.2% |
| 2014 | 13.0% | -49.4% |
| 2015 | 14.9% | +14.3% |
| 2016 | 12.2% | -18.0% |
| 2017 | 14.6% | +19.5% |
| 2018 | 9.4% | -35.5% |
| 2019 | 8.2% | -12.4% |
| 2020 | 8.6% | +4.6% |
| 2021 | 7.4% | -14.0% |
Togo compared with similar countries
- Togo's 7.4% is below the median for lower middle income countries, which is 23.3%, 32% of the median. (46 countries reporting)
- Togo's 7.4% is below the median for Sub-Saharan Africa, which is 27.1%, 27% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where External loans and deposits of reporting banks vis-à-vis all sectors 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 |
|---|---|---|---|
| 2011 | +96.1% | 36.5% | 71.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 113.5% | 94.3% | 156.5% | 5 |
| 2000s | 72.3% | 43.0% | 96.4% | 10 |
| 2010s | 23.9% | 8.2% | 71.5% | 10 |
| 2020s | 8.0% | 7.4% | 8.6% | 2 |
Countries ranked near Togo
- 155 Philippines 7.8% compare
- 156 Croatia 7.7% compare
- 157 Malaysia 7.7% compare
- 159 Micronesia (country) 7.3% compare
- 160 Benin 7.0% compare
- 161 New Zealand 7.0% 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 external loans and deposits of reporting banks vis-à-vis all sectors in Togo?
- External loans and deposits of reporting banks vis-à-vis all sectors in Togo was 7.4% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Togo?
- The highest recorded value was 156.5% in 1998.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Togo?
- The lowest recorded value was 7.4% in 2021.
- How does Togo rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Togo ranks 158th out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Togo?
- Over the last ten years it is down 89.7%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.