Interest payments (% of revenue) in Togo
Togo: Interest payments (% of revenue) was 14.0% in 2023. ▲ Rising
Interest payments in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2023, interest payments in Togo stood at 14.0%.
Compared with earlier readings it is up 0.4% on the previous year and up 161.3% over ten years.
Over the whole period, interest payments in Togo peaked at 14.1% in 2020 and was at its lowest, 2.9%, in 2011.
That places Togo 35th out of 155 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Interest payments (% of revenue) in Togo, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2004 | 10.5% | — |
| 2005 | 7.1% | -32.7% |
| 2006 | 5.3% | -25.7% |
| 2007 | 5.6% | +5.6% |
| 2008 | 4.3% | -22.2% |
| 2009 | 4.0% | -7.0% |
| 2010 | 4.2% | +4.2% |
| 2011 | 2.9% | -31.2% |
| 2012 | 4.7% | +61.7% |
| 2013 | 5.4% | +14.9% |
| 2014 | 6.0% | +11.6% |
| 2015 | 8.1% | +34.9% |
| 2016 | 10.4% | +28.8% |
| 2017 | 8.0% | -23.4% |
| 2018 | 9.9% | +24.3% |
| 2019 | 11.5% | +16.1% |
| 2020 | 14.1% | +23.0% |
| 2021 | 13.0% | -8.4% |
| 2022 | 14.0% | +7.7% |
| 2023 | 14.0% | +0.4% |
Togo compared with similar countries
- Togo's 14.0% is above the median for lower middle income countries, which is 8.6%, 1.6× the median. (36 countries reporting)
- Togo's 14.0% is above the median for Sub-Saharan Africa, which is 11.6%, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 4.0% | 10.5% | 6 |
| 2010s | 7.1% | 2.9% | 11.5% | 10 |
| 2020s | 13.8% | 13.0% | 14.1% | 4 |
Countries ranked near Togo
- 32 El Salvador 14.3% compare
- 33 Papua New Guinea 14.2% compare
- 34 Seychelles 14.1% compare
- 36 Colombia 13.9% compare
- 37 Fiji 13.9% compare
- 38 Saint Lucia 13.6% compare
More public sector data for Togo
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 5.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.2432 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -96.61 % change on previous year (2023)
Frequently asked questions
- What is interest payments in Togo?
- Interest payments in Togo was 14.0% 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 14.1% in 2020.
- What is the lowest interest payments recorded in Togo?
- The lowest recorded value was 2.9% in 2011.
- How does Togo rank for interest payments?
- Togo ranks 35th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Togo?
- Over the last ten years it is up 161.3%. The long-run trend across the full record is rising.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.