Financial Development Index in Togo
Togo: Financial Development Index was 0.1781 in 2020. β² Rising
Financial Development Index in Togo, 1980β2020
Source: International Monetary Fund.
Analysis
Togo recorded 0.1781 for financial development index in 2020.
The figure is down 1.2% on the previous year and up 82.3% over ten years.
Over the whole period, financial development index in Togo peaked at 0.1802 in 2019 and was at its lowest, 0.0686, in 1985.
Togo ranks 123rd of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.08 | 0.0686 | 0.0895 | 10 |
| 1990s | 0.0879 | 0.0728 | 0.1002 | 10 |
| 2000s | 0.0984 | 0.0687 | 0.1243 | 10 |
| 2010s | 0.1353 | 0.0977 | 0.1802 | 10 |
| 2020s | 0.1781 | 0.1781 | 0.1781 | 1 |
Countries ranked near Togo
- 120 Cambodia 0.1898 compare
- 121 Dominican Republic 0.1806 compare
- 122 Azerbaijan, Republic of 0.1783 compare
- 124 Papua New Guinea 0.1763 compare
- 125 Paraguay 0.1735 compare
- 126 Ghana 0.1695 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)
- Domestic credit to private sector by banks 22.9% (2025)
- Net domestic credit 2.46 trillion current LCU (2025)
- Net foreign assets 1.26 trillion current LCU (2025)
- Monetary Sector credit to private sector 23.0% (2025)
- Broad money 45.6% (2025)
- Claims on central government, etc. 9.5% (2025)
- Domestic credit to private sector 23.0% (2025)
Frequently asked questions
- What is financial development index in Togo?
- Financial development index in Togo was 0.1781 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Togo?
- The highest recorded value was 0.1802 in 2019.
- What is the lowest financial development index recorded in Togo?
- The lowest recorded value was 0.0686 in 1985.
- How does Togo rank for financial development index?
- Togo ranks 123rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Togo?
- Over the last ten years it is up 82.3%. The long-run trend across the full record is rising.
- Where does this Togo data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.