Loans from nonresident banks (amounts outstanding) to GDP in Togo
Togo: Loans from nonresident banks (amounts outstanding) to GDP was 19.0% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Togo, 2014–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
In 2021, loans from nonresident banks (amounts outstanding) to gdp in Togo stood at 19.0%. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 51.6% on the previous year and up 248.0% over ten years.
That places Togo 68th out of 136 countries with data for 2021, putting it in the middle of the range.
Loans from nonresident banks (amounts outstanding) to GDP in Togo, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 5.5% | — |
| 2015 | 6.0% | +9.4% |
| 2016 | 4.1% | -30.7% |
| 2017 | 3.9% | -5.7% |
| 2018 | 3.5% | -10.1% |
| 2019 | 13.2% | +274.3% |
| 2020 | 12.5% | -4.7% |
| 2021 | 19.0% | +51.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.0% | 3.5% | 13.2% | 6 |
| 2020s | 15.8% | 12.5% | 19.0% | 2 |
Countries ranked near Togo
- 65 North Macedonia 19.2% compare
- 66 Ecuador 19.2% compare
- 67 Philippines 19.1% compare
- 69 Paraguay 18.5% compare
- 70 Trinidad and Tobago 18.5% compare
- 71 Saudi Arabia 18.3% 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 loans from nonresident banks (amounts outstanding) to gdp in Togo?
- Loans from nonresident banks (amounts outstanding) to gdp in Togo was 19.0% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Togo?
- The highest recorded value was 19.0% in 2021.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Togo?
- The lowest recorded value was 3.5% in 2018.
- How does Togo rank for loans from nonresident banks (amounts outstanding) to gdp?
- Togo ranks 68th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Togo?
- Over the last ten years it is up 248.0%. 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 Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.