Net lending (+) / net borrowing (-) in Togo
Togo: Net lending (+) / net borrowing (-) was -6.2% in 2023. ◆ Volatile
Net lending (+) / net borrowing (-) in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Togo recorded -6.2% for net lending (+) / net borrowing (-) in 2023.
Compared with earlier readings it is up 17.7% on the previous year and down 188.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Togo peaked at 1.8% in 2019 and was at its lowest, -7.6%, in 2022.
Togo ranks 139th of 156 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 lending (+) / net borrowing (-) in Togo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | -0.2% | — |
| 2005 | -3.8% | +1746.6% |
| 2006 | -2.3% | -37.9% |
| 2007 | -0.6% | -76.4% |
| 2008 | 0.2% | -133.8% |
| 2009 | -0.4% | -299.1% |
| 2010 | -0.2% | -43.1% |
| 2011 | -0.8% | +254.8% |
| 2012 | -4.4% | +489.6% |
| 2013 | -2.2% | -51.2% |
| 2014 | -2.4% | +10.4% |
| 2015 | -4.6% | +91.2% |
| 2016 | -5.4% | +18.2% |
| 2017 | 0.2% | -104.4% |
| 2018 | -0.6% | -347.1% |
| 2019 | 1.8% | -405.8% |
| 2020 | -6.8% | -474.5% |
| 2021 | -4.8% | -29.2% |
| 2022 | -7.6% | +58.3% |
| 2023 | -6.2% | -17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.2% | -3.8% | 0.2% | 6 |
| 2010s | -1.8% | -5.4% | 1.8% | 10 |
| 2020s | -6.3% | -7.6% | -4.8% | 4 |
Countries ranked near Togo
- 136 Brazil -5.7% compare
- 137 Nepal -5.9% compare
- 138 Mexico -5.9% compare
- 140 United Kingdom of Great Britain and Northern Ireland -6.9% compare
- 141 United States of America -7.2% compare
- 142 Guinea-Bissau -8.0% 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 lending (+) / net borrowing (-) in Togo?
- Net lending (+) / net borrowing (-) in Togo was -6.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Togo?
- The highest recorded value was 1.8% in 2019.
- What is the lowest net lending (+) / net borrowing (-) recorded in Togo?
- The lowest recorded value was -7.6% in 2022.
- How does Togo rank for net lending (+) / net borrowing (-)?
- Togo ranks 139th out of 156 countries with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Togo?
- Over the last ten years it is down 188.2%. 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.