Expense in Togo

Togo: Expense was 16.0% in 2023. ▲ Rising

Latest (2023)
16.0%
Change on year
up 5.0%
World rank
132nd
of 157 countries
All-time high
16.0%
in 2023
All-time low
9.3%
in 2004
Years of data
20
2004–2023

Expense in Togo, 2004–2023

0510152004201320232004: 9.3 % of GDP2005: 10.5 % of GDP2006: 11.5 % of GDP2007: 11.6 % of GDP2008: 9.6 % of GDP2009: 10.5 % of GDP2010: 10.2 % of GDP2011: 10.8 % of GDP2012: 12.5 % of GDP2013: 12.8 % of GDP2014: 11.6 % of GDP2015: 12.9 % of GDP2016: 13.6 % of GDP2017: 11.5 % of GDP2018: 13.6 % of GDP2019: 13.4 % of GDP2020: 14.2 % of GDP2021: 13.2 % of GDP2022: 15.3 % of GDP2023: 16 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Togo recorded 16.0% for expense in 2023. That is the highest value across all 20 years on record.

That represents a change of up 5.0% on the previous year and up 24.9% over ten years.

Over the whole period, expense in Togo peaked at 16.0% in 2023 and was at its lowest, 9.3%, in 2004.

Togo ranks 132nd of 157 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.5% 9.3% 11.6% 6
2010s 12.3% 10.2% 13.6% 10
2020s 14.7% 13.2% 16.0% 4

Countries ranked near Togo

  1. 129 Nicaragua 16.3% compare
  2. 130 Congo 16.1% compare
  3. 131 Switzerland 16.1% compare
  4. 133 Guinea-Bissau 15.5% compare
  5. 134 Indonesia 15.4% compare
  6. 135 Angola 14.6% compare

See the full ranking of 183 places →

More economy & growth data for Togo

All data for Togo →

Frequently asked questions

What is expense in Togo?
Expense in Togo was 16.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Togo?
The highest recorded value was 16.0% in 2023.
What is the lowest expense recorded in Togo?
The lowest recorded value was 9.3% in 2004.
How does Togo rank for expense?
Togo ranks 132nd out of 157 countries with data for 2023.
Is expense rising or falling in Togo?
Over the last ten years it is up 24.9%. 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 Expense (% of GDP). Statizoid updates them automatically from the source API.

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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. 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.