Financial Institutions Depth Index in Togo
Togo: Financial Institutions Depth Index was 0.1251 in 2020. ▲ Rising
Financial Institutions Depth Index in Togo, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions depth index in Togo is 0.1251, measured in 2020.
That represents a change of down 0.3% on the previous year and up 38.9% over ten years.
Over the whole period, financial institutions depth index in Togo peaked at 0.1371 in 2016 and was at its lowest, 0.0528, in 1985.
Togo ranks 114th 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.
Financial Institutions Depth Index in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0663 | — |
| 1981 | 0.06 | -9.5% |
| 1982 | 0.0657 | +9.5% |
| 1983 | 0.0578 | -12.0% |
| 1984 | 0.0578 | -0.0% |
| 1985 | 0.0528 | -8.7% |
| 1986 | 0.0626 | +18.6% |
| 1987 | 0.0663 | +6.0% |
| 1988 | 0.0622 | -6.3% |
| 1989 | 0.0565 | -9.0% |
| 1990 | 0.0572 | +1.2% |
| 1991 | 0.0631 | +10.4% |
| 1992 | 0.0634 | +0.4% |
| 1993 | 0.0716 | +13.0% |
| 1994 | 0.0572 | -20.1% |
| 1995 | 0.0617 | +7.9% |
| 1996 | 0.061 | -1.2% |
| 1997 | 0.0604 | -1.0% |
| 1998 | 0.0669 | +10.8% |
| 1999 | 0.0628 | -6.1% |
| 2000 | 0.0619 | -1.5% |
| 2001 | 0.0588 | -4.9% |
| 2002 | 0.0554 | -5.8% |
| 2003 | 0.0591 | +6.7% |
| 2004 | 0.062 | +4.8% |
| 2005 | 0.0742 | +19.7% |
| 2006 | 0.0687 | -7.4% |
| 2007 | 0.088 | +28.1% |
| 2008 | 0.0802 | -8.8% |
| 2009 | 0.0797 | -0.7% |
| 2010 | 0.0901 | +13.1% |
| 2011 | 0.1146 | +27.2% |
| 2012 | 0.1168 | +1.9% |
| 2013 | 0.1273 | +9.0% |
| 2014 | 0.1286 | +1.0% |
| 2015 | 0.1345 | +4.5% |
| 2016 | 0.1371 | +2.0% |
| 2017 | 0.1346 | -1.8% |
| 2018 | 0.1277 | -5.2% |
| 2019 | 0.1255 | -1.7% |
| 2020 | 0.1251 | -0.3% |
Togo compared with similar countries
- Togo's 0.1251 is above the median for lower middle income countries, which is 0.0823, 1.5× the median. (45 countries reporting)
- Togo's 0.1251 is above the median for Sub-Saharan Africa, which is 0.0655, 1.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0608 | 0.0528 | 0.0663 | 10 |
| 1990s | 0.0625 | 0.0572 | 0.0716 | 10 |
| 2000s | 0.0688 | 0.0554 | 0.088 | 10 |
| 2010s | 0.1237 | 0.0901 | 0.1371 | 10 |
| 2020s | 0.1251 | 0.1251 | 0.1251 | 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 financial institutions depth index in Togo?
- Financial institutions depth index in Togo was 0.1251 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Togo?
- The highest recorded value was 0.1371 in 2016.
- What is the lowest financial institutions depth index recorded in Togo?
- The lowest recorded value was 0.0528 in 1985.
- How does Togo rank for financial institutions depth index?
- Togo ranks 114th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Togo?
- Over the last ten years it is up 38.9%. 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 Institutions Depth Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.