Net investment in nonfinancial assets in Togo
Togo: Net investment in nonfinancial assets was 8.7% in 2023. ▲ Rising
Net investment in nonfinancial assets in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, net investment in nonfinancial assets in Togo stood at 8.7%.
That represents a change of down 1.9% on the previous year and up 59.9% over ten years.
Over the whole period, net investment in nonfinancial assets in Togo peaked at 8.9% in 2020 and was at its lowest, 1.0%, in 2004.
Togo ranks 8th of 156 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Net investment in nonfinancial assets in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 1.0% | — |
| 2005 | 2.9% | +183.1% |
| 2006 | 2.3% | -18.9% |
| 2007 | 1.3% | -42.2% |
| 2008 | 2.4% | +82.7% |
| 2009 | 4.2% | +69.9% |
| 2010 | 5.3% | +26.8% |
| 2011 | 5.6% | +7.3% |
| 2012 | 6.3% | +12.2% |
| 2013 | 5.5% | -13.9% |
| 2014 | 6.6% | +20.4% |
| 2015 | 8.2% | +24.3% |
| 2016 | 8.6% | +5.1% |
| 2017 | 4.7% | -45.1% |
| 2018 | 5.2% | +9.8% |
| 2019 | 3.0% | -41.4% |
| 2020 | 8.9% | +195.4% |
| 2021 | 7.9% | -12.1% |
| 2022 | 8.9% | +13.0% |
| 2023 | 8.7% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4% | 1.0% | 4.2% | 6 |
| 2010s | 5.9% | 3.0% | 8.6% | 10 |
| 2020s | 8.6% | 7.9% | 8.9% | 4 |
Countries ranked near Togo
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 investment in nonfinancial assets in Togo?
- Net investment in nonfinancial assets in Togo was 8.7% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Togo?
- The highest recorded value was 8.9% in 2020.
- What is the lowest net investment in nonfinancial assets recorded in Togo?
- The lowest recorded value was 1.0% in 2004.
- How does Togo rank for net investment in nonfinancial assets?
- Togo ranks 8th out of 156 countries with data for 2023.
- Is net investment in nonfinancial assets rising or falling in Togo?
- Over the last ten years it is up 59.9%. 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 Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.