Financial Institutions Efficiency Index in Togo
Togo: Financial Institutions Efficiency Index was 0.6086 in 2020. β² Rising
Financial Institutions Efficiency Index in Togo, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Togo stood at 0.6086.
That represents a change of down 3.2% on the previous year and up 41.6% over ten years.
Over the whole period, financial institutions efficiency index in Togo peaked at 0.7635 in 2004 and was at its lowest, 0.2959, in 2015.
That places Togo 74th out of 183 countries with data for 2020, putting it 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 | 0.4503 | 0.3843 | 0.5083 | 10 |
| 1990s | 0.4971 | 0.4051 | 0.5871 | 10 |
| 2000s | 0.5307 | 0.3553 | 0.7635 | 10 |
| 2010s | 0.5337 | 0.2959 | 0.6449 | 10 |
| 2020s | 0.6086 | 0.6086 | 0.6086 | 1 |
Countries ranked near Togo
- 71 Azerbaijan 0.614 compare
- 72 Niger 0.6113 compare
- 73 Nepal 0.6107 compare
- 75 Botswana 0.6086 compare
- 76 Hong Kong (China) 0.6086 compare
- 77 United Kingdom 0.607 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 institutions efficiency index in Togo?
- Financial institutions efficiency index in Togo was 0.6086 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Togo?
- The highest recorded value was 0.7635 in 2004.
- What is the lowest financial institutions efficiency index recorded in Togo?
- The lowest recorded value was 0.2959 in 2015.
- How does Togo rank for financial institutions efficiency index?
- Togo ranks 74th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Togo?
- Over the last ten years it is up 41.6%. 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 Efficiency 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.