Interest rate spread in Togo
Togo: Interest rate spread was -1.6% in 2016. ◆ Volatile
Interest rate spread in Togo, 2005–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2016, interest rate spread in Togo stood at -1.6%.
That represents a change of up 11.6% on the previous year and up 47.2% over ten years.
Over the whole period, interest rate spread in Togo peaked at 1.1% in 2005 and was at its lowest, -3.6%, in 2009.
That places Togo 135th out of 141 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest rate spread in Togo, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2005 | 1.1% | — |
| 2006 | -3.1% | -368.7% |
| 2007 | -3.1% | -0.8% |
| 2008 | -3.1% | +2.6% |
| 2009 | -3.6% | +14.7% |
| 2010 | -3.3% | -9.1% |
| 2011 | -3.2% | -0.9% |
| 2012 | -3.0% | -9.0% |
| 2013 | -2.4% | -19.9% |
| 2014 | -1.9% | -18.9% |
| 2015 | -1.8% | -3.9% |
| 2016 | -1.6% | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.3% | -3.6% | 1.1% | 5 |
| 2010s | -2.5% | -3.3% | -1.6% | 7 |
Countries ranked near Togo
- 132 Qatar 0.1% compare
- 133 Bangladesh -0.7% compare
- 134 Netherlands -0.9% compare
- 135 Côte d'Ivoire -1.6% compare
- 135 Guinea-Bissau -1.6% compare
- 135 Mali -1.6% compare
- 135 Niger -1.6% compare
- 135 Senegal -1.6% 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)
- Reserve tranche position, SDR, per capita 2.3 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 3.15 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, SDR, per capita 2.3 units per person (2025)
Frequently asked questions
- What is interest rate spread in Togo?
- Interest rate spread in Togo was -1.6% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Togo?
- The highest recorded value was 1.1% in 2005.
- What is the lowest interest rate spread recorded in Togo?
- The lowest recorded value was -3.6% in 2009.
- How does Togo rank for interest rate spread?
- Togo ranks 135th out of 141 countries with data for 2016.
- Is interest rate spread rising or falling in Togo?
- Over the last ten years it is up 47.2%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.