Interest payments in Togo
Togo: Interest payments was 153.02 billion current LCU in 2023. ◆ Volatile
Interest payments in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, interest payments in Togo stood at 153.02 billion current LCU. That is the highest value across all 20 years on record.
That represents a change of up 22.6% on the previous year and up 495.5% over ten years.
Over the whole period, interest payments in Togo peaked at 153.02 billion current LCU in 2023 and was at its lowest, 10.49 billion current LCU, in 2006.
That places Togo 47th out of 155 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Togo, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 17.92 billion current LCU | — |
| 2005 | 11.59 billion current LCU | -35.3% |
| 2006 | 10.49 billion current LCU | -9.5% |
| 2007 | 12.44 billion current LCU | +18.6% |
| 2008 | 10.81 billion current LCU | -13.1% |
| 2009 | 12.79 billion current LCU | +18.4% |
| 2010 | 15.06 billion current LCU | +17.7% |
| 2011 | 11.57 billion current LCU | -23.2% |
| 2012 | 18.59 billion current LCU | +60.7% |
| 2013 | 25.70 billion current LCU | +38.3% |
| 2014 | 29.72 billion current LCU | +15.7% |
| 2015 | 45.40 billion current LCU | +52.8% |
| 2016 | 62.81 billion current LCU | +38.3% |
| 2017 | 48.61 billion current LCU | -22.6% |
| 2018 | 70.35 billion current LCU | +44.7% |
| 2019 | 85.86 billion current LCU | +22.0% |
| 2020 | 100.09 billion current LCU | +16.6% |
| 2021 | 99.80 billion current LCU | -0.3% |
| 2022 | 124.81 billion current LCU | +25.1% |
| 2023 | 153.02 billion current LCU | +22.6% |
Togo compared with similar countries
- Togo's 153.02 billion current LCU is above the median for lower middle income countries, which is 39.26 billion current LCU, 3.9× the median. (36 countries reporting)
- Togo's 153.02 billion current LCU is above the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 1.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.68 billion current LCU | 10.49 billion current LCU | 17.92 billion current LCU | 6 |
| 2010s | 41.37 billion current LCU | 11.57 billion current LCU | 85.86 billion current LCU | 10 |
| 2020s | 119.43 billion current LCU | 99.80 billion current LCU | 153.02 billion current LCU | 4 |
Countries ranked near Togo
More public sector data for Togo
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Togo?
- Interest payments in Togo was 153.02 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Togo?
- The highest recorded value was 153.02 billion current LCU in 2023.
- What is the lowest interest payments recorded in Togo?
- The lowest recorded value was 10.49 billion current LCU in 2006.
- How does Togo rank for interest payments?
- Togo ranks 47th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Togo?
- Over the last ten years it is up 495.5%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.