Services balance (credit less debit), Net (credits less debits) in Togo
Togo: Services balance (credit less debit), Net (credits less debits) was 76.26 million in 2020. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Togo, 2005–2020
Source: International Monetary Fund.
Analysis
In 2020, services balance (credit less debit), net (credits less debits) in Togo stood at 76.26 million.
That represents a change of down 52.7% on the previous year and up 191.0% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Togo peaked at 161.28 million in 2019 and was at its lowest, -83.82 million, in 2010.
Togo ranks 93rd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Togo, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -73.82 million | — |
| 2006 | -63.48 million | -14.0% |
| 2007 | -69.53 million | +9.5% |
| 2008 | -76.39 million | +9.9% |
| 2009 | -81.49 million | +6.7% |
| 2010 | -83.82 million | +2.9% |
| 2011 | 35.26 million | -142.1% |
| 2012 | 15.67 million | -55.6% |
| 2013 | 14.64 million | -6.6% |
| 2014 | 62.92 million | +329.7% |
| 2015 | 114.72 million | +82.3% |
| 2016 | 142.92 million | +24.6% |
| 2017 | 141.78 million | -0.8% |
| 2018 | 156.46 million | +10.4% |
| 2019 | 161.28 million | +3.1% |
| 2020 | 76.26 million | -52.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -72.94 million | -81.49 million | -63.48 million | 5 |
| 2010s | 76.18 million | -83.82 million | 161.28 million | 10 |
| 2020s | 76.26 million | 76.26 million | 76.26 million | 1 |
Countries ranked near Togo
More financial sector data for Togo
- Net domestic credit (current LCU), annual growth rate 7.41 % change on previous year (2025)
- Net domestic credit (current LCU), per unit of GDP 206.91 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), per capita 286,343 current LCU per person (2025)
- Net foreign assets (current LCU), annual growth rate -6.43 % change on previous year (2025)
- Net foreign assets (current LCU), per unit of GDP 105.76 current LCU per US$ of GDP (2025)
- Net foreign assets (current LCU), per capita 146,365 current LCU per person (2025)
- Net migration, annual growth rate -7.11 % change on previous year (2025)
- Net migration -15,010 (2025)
- Official exchange rate 581.93 LCU per US$, period average (2025)
- Domestic credit to private sector 23.0% (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Togo?
- Services balance (credit less debit), net (credits less debits) in Togo was 76.26 million in 2020, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Togo?
- The highest recorded value was 161.28 million in 2019.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Togo?
- The lowest recorded value was -83.82 million in 2010.
- How does Togo rank for services balance (credit less debit), net (credits less debits)?
- Togo ranks 93rd out of 197 countries with data for 2020.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Togo?
- Over the last ten years it is up 191.0%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.