Number of Borrowers, Commercial Banks, of Which: Household Sector in Togo
Togo: Number of Borrowers, Commercial Banks, of Which: Household Sector was 202,180 in 2024. ▲ Rising
Latest (2024)
202,180
Change on year
up 3.3%
World rank
69th
of 89 countries
All-time high
202,180
in 2024
All-time low
154,630
in 2022
Years of data
6
2019–2024
Number of Borrowers, Commercial Banks, of Which: Household Sector in Togo, 2019–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of borrowers, commercial banks, of which: household sector in Togo is 202,180, measured in 2024. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 28.0% over ten years.
That places Togo 69th out of 89 countries with data for 2024, putting it in the bottom quarter.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 2019 | 157,932 | — |
| 2020 | 164,180 | +4.0% |
| 2021 | 164,594 | +0.3% |
| 2022 | 154,630 | -6.1% |
| 2023 | 195,658 | +26.5% |
| 2024 | 202,180 | +3.3% |
Togo compared with similar countries
- Togo's 202,180 is below the median for lower middle income countries, which is 512,447, 39% of the median. (21 countries reporting)
- Togo's 202,180 is above the median for Sub-Saharan Africa, which is 198,132, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 157,932 | 157,932 | 157,932 | 1 |
| 2020s | 176,248 | 154,630 | 202,180 | 5 |
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 number of borrowers, commercial banks, of which: household sector in Togo?
- Number of borrowers, commercial banks, of which: household sector in Togo was 202,180 in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Togo?
- The highest recorded value was 202,180 in 2024.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Togo?
- The lowest recorded value was 154,630 in 2022.
- How does Togo rank for number of borrowers, commercial banks, of which: household sector?
- Togo ranks 69th out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Togo?
- Over the last ten years it is up 28.0%. 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 Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.