Net acquisition of financial assets in Togo
Togo: Net acquisition of financial assets was -0.8% in 2023. ◆ Volatile
Net acquisition of financial assets in Togo, 2006–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, net acquisition of financial assets in Togo stood at -0.8%.
The figure is up 51.7% on the previous year and down 196.9% over ten years.
Over the whole period, net acquisition of financial assets in Togo peaked at 2.3% in 2021 and was at its lowest, -2.1%, in 2020.
Togo ranks 117th of 134 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | -0.2% | — |
| 2007 | -1.2% | +435.7% |
| 2008 | 1.9% | -261.6% |
| 2009 | 0.8% | -59.2% |
| 2010 | -0.1% | -116.9% |
| 2011 | 1.4% | -1160.0% |
| 2012 | -0.1% | -104.0% |
| 2013 | 0.8% | -1542.2% |
| 2014 | 0.0% | -98.5% |
| 2015 | 0.3% | +2162.5% |
| 2016 | 0.0% | -98.4% |
| 2017 | 0.2% | +4216.2% |
| 2018 | 0.1% | -52.6% |
| 2019 | 1.7% | +1761.5% |
| 2020 | -2.1% | -228.4% |
| 2021 | 2.3% | -207.5% |
| 2022 | -1.6% | -169.9% |
| 2023 | -0.8% | -51.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | -1.2% | 1.9% | 4 |
| 2010s | 0.4% | -0.1% | 1.7% | 10 |
| 2020s | -0.6% | -2.1% | 2.3% | 4 |
Countries ranked near Togo
- 114 Eswatini -0.7% compare
- 115 Gabon -0.8% compare
- 116 Malta -0.8%
- 118 Philippines -0.9% compare
- 119 Congo, Democratic Republic of the -0.9% compare
- 120 Madagascar -1.0% compare
More public sector data for Togo
- Arms imports 2.00 million SIPRI trend indicator values (2023)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 2.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 23.24 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0184 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -29.31 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 195.35 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.77 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in Togo?
- Net acquisition of financial assets in Togo was -0.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Togo?
- The highest recorded value was 2.3% in 2021.
- What is the lowest net acquisition of financial assets recorded in Togo?
- The lowest recorded value was -2.1% in 2020.
- How does Togo rank for net acquisition of financial assets?
- Togo ranks 117th out of 134 countries with data for 2023.
- Is net acquisition of financial assets rising or falling in Togo?
- Over the last ten years it is down 196.9%. 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 Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.