Number of Depositors, Commercial Banks, of Which: Household Sector in Togo
Togo: Number of Depositors, Commercial Banks, of Which: Household Sector was 1.03 million in 2024. ▲ Rising
Number of Depositors, Commercial Banks, of Which: Household Sector in Togo, 2004–2024
Source: International Monetary Fund.
Analysis
Togo recorded 1.03 million for number of depositors, commercial banks, of which: household sector in 2024. That is the highest value across all 21 years on record.
The figure is up 18.9% on the previous year and up 7.3% over ten years.
Over the whole period, number of depositors, commercial banks, of which: household sector in Togo peaked at 1.03 million in 2024 and was at its lowest, 162,367, in 2005.
That places Togo 52nd out of 72 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Number of Depositors, Commercial Banks, of Which: Household Sector in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 165,962 | — |
| 2005 | 162,367 | -2.2% |
| 2006 | 193,294 | +19.0% |
| 2007 | 212,409 | +9.9% |
| 2008 | 721,739 | +239.8% |
| 2009 | 667,705 | -7.5% |
| 2010 | 543,946 | -18.5% |
| 2011 | 562,839 | +3.5% |
| 2012 | 567,780 | +0.9% |
| 2013 | 612,223 | +7.8% |
| 2014 | 956,380 | +56.2% |
| 2015 | 782,162 | -18.2% |
| 2016 | 890,886 | +13.9% |
| 2017 | 697,174 | -21.7% |
| 2018 | 733,316 | +5.2% |
| 2019 | 733,316 | +0.0% |
| 2020 | 936,168 | +27.7% |
| 2021 | 820,491 | -12.4% |
| 2022 | 877,209 | +6.9% |
| 2023 | 863,053 | -1.6% |
| 2024 | 1.03 million | +18.9% |
Togo compared with similar countries
- Togo's 1.03 million is below the median for lower middle income countries, which is 2.15 million, 48% of the median. (19 countries reporting)
- Togo's 1.03 million is above the median for Sub-Saharan Africa, which is 970,883, 1.1× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Number of Depositors, Commercial Banks, of Which: Household Sector in Togo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +239.8% | 212,409 | 721,739 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 353,913 | 162,367 | 721,739 | 6 |
| 2010s | 708,002 | 543,946 | 956,380 | 10 |
| 2020s | 904,636 | 820,491 | 1.03 million | 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 depositors, commercial banks, of which: household sector in Togo?
- Number of depositors, commercial banks, of which: household sector in Togo was 1.03 million in 2024, according to International Monetary Fund.
- What is the highest number of depositors, commercial banks, of which: household sector recorded in Togo?
- The highest recorded value was 1.03 million in 2024.
- What is the lowest number of depositors, commercial banks, of which: household sector recorded in Togo?
- The lowest recorded value was 162,367 in 2005.
- How does Togo rank for number of depositors, commercial banks, of which: household sector?
- Togo ranks 52nd out of 72 countries with data for 2024.
- Is number of depositors, commercial banks, of which: household sector rising or falling in Togo?
- Over the last ten years it is up 7.3%. 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 Depositors, Commercial Banks, of Which: Household Sector Depositors. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 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.