Number of Household Sector Borrowers at Commercial Banks per 1,000 in Togo
Togo: Number of Household Sector Borrowers at Commercial Banks per 1,000 was 35.14 in 2024. ▲ Rising
Latest (2024)
35.14
Change on year
up 0.4%
World rank
75th
of 89 countries
All-time high
35.14
in 2024
All-time low
28.46
in 2022
Years of data
6
2019–2024
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Togo, 2019–2024
Source: International Monetary Fund.
Analysis
Togo recorded 35.14 for number of household sector borrowers at commercial banks per 1,000 in 2024. That is the highest value across all 6 years on record.
That represents a change of up 0.4% on the previous year and up 11.2% over ten years.
Togo ranks 75th of 89 countries on this measure, in the bottom quarter.
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 2019 | 31.59 | — |
| 2020 | 31.96 | +1.2% |
| 2021 | 31.16 | -2.5% |
| 2022 | 28.46 | -8.7% |
| 2023 | 34.98 | +22.9% |
| 2024 | 35.14 | +0.4% |
Togo compared with similar countries
- Togo's 35.14 is below the median for lower middle income countries, which is 50.96, 69% of the median. (21 countries reporting)
- Togo's 35.14 is below the median for Sub-Saharan Africa, which is 37.67, 93% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 31.59 | 31.59 | 31.59 | 1 |
| 2020s | 32.34 | 28.46 | 35.14 | 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 household sector borrowers at commercial banks per 1,000 in Togo?
- Number of household sector borrowers at commercial banks per 1,000 in Togo was 35.14 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at commercial banks per 1,000 recorded in Togo?
- The highest recorded value was 35.14 in 2024.
- What is the lowest number of household sector borrowers at commercial banks per 1,000 recorded in Togo?
- The lowest recorded value was 28.46 in 2022.
- How does Togo rank for number of household sector borrowers at commercial banks per 1,000?
- Togo ranks 75th out of 89 countries with data for 2024.
- Is number of household sector borrowers at commercial banks per 1,000 rising or falling in Togo?
- Over the last ten years it is up 11.2%. 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 Household Sector Borrowers at Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.