Remittance inflows to GDP in Togo
Togo: Remittance inflows to GDP was 8.6% in 2020. ◆ Volatile
Remittance inflows to GDP in Togo, 1974–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Togo stood at 8.6%.
That represents a change of up 22.1% on the previous year and down 12.6% over ten years.
Over the whole period, remittance inflows to gdp in Togo peaked at 10.7% in 2007 and was at its lowest, 0.7%, in 1974.
That places Togo 43rd out of 195 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.0% | 0.7% | 1.1% | 6 |
| 1980s | 1.3% | 0.7% | 2.0% | 10 |
| 1990s | 1.4% | 0.9% | 2.0% | 10 |
| 2000s | 7.7% | 2.3% | 10.7% | 10 |
| 2010s | 7.8% | 6.1% | 9.8% | 10 |
| 2020s | 8.6% | 8.6% | 8.6% | 1 |
Countries ranked near Togo
More financial sector data for Togo
- Domestic credit to private sector by banks 22.9% (2025)
- Net domestic credit 2.46 trillion current LCU (2025)
- Net foreign assets 1.26 trillion current LCU (2025)
- Monetary Sector credit to private sector 23.0% (2025)
- Broad money 45.6% (2025)
- Claims on central government, etc. 9.5% (2025)
- Domestic credit to private sector 23.0% (2025)
- Official exchange rate 581.93 LCU per US$, period average (2025)
- Net migration -15,010 (2025)
- Claims on central government 6.7% (2025)
Frequently asked questions
- What is remittance inflows to gdp in Togo?
- Remittance inflows to gdp in Togo was 8.6% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Togo?
- The highest recorded value was 10.7% in 2007.
- What is the lowest remittance inflows to gdp recorded in Togo?
- The lowest recorded value was 0.7% in 1974.
- How does Togo rank for remittance inflows to gdp?
- Togo ranks 43rd out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Togo?
- Over the last ten years it is down 12.6%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.