External balance on goods and services in Togo

Togo: External balance on goods and services was -597.69 billion constant LCU in 2023. ▼ Falling

Latest (2023)
-597.69 billion constant LCU
Change on year
up 5.7%
World rank
130th
of 161 countries
All-time high
-293.36 billion constant LCU
in 2017
All-time low
-633.58 billion constant LCU
in 2022
Years of data
8
2016–2023

External balance on goods and services in Togo, 2016–2023

-600.0B-500.0B-400.0B-300.0B2016201920232016: -467.1B constant LCU2017: -293.4B constant LCU2018: -355.0B constant LCU2019: -363.4B constant LCU2020: -405.6B constant LCU2021: -482.0B constant LCU2022: -633.6B constant LCU2023: -597.7B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for external balance on goods and services in Togo is -597.69 billion constant LCU, measured in 2023.

The figure is up 5.7% on the previous year and down 28.0% over ten years.

Togo ranks 130th of 161 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s -369.69 billion constant LCU -467.07 billion constant LCU -293.36 billion constant LCU 4
2020s -529.72 billion constant LCU -633.58 billion constant LCU -405.62 billion constant LCU 4

Countries ranked near Togo

  1. 127 Sri Lanka -324.83 billion constant LCU compare
  2. 128 Niger -375.80 billion constant LCU compare
  3. 129 Afghanistan -530.23 billion constant LCU compare
  4. 131 Kyrgyzstan -636.54 billion constant LCU compare
  5. 132 Serbia -669.20 billion constant LCU compare
  6. 133 Kenya -798.44 billion constant LCU compare

See the full ranking of 161 places →

More economy & growth data for Togo

All data for Togo →

Frequently asked questions

What is external balance on goods and services in Togo?
External balance on goods and services in Togo was -597.69 billion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Togo?
The highest recorded value was -293.36 billion constant LCU in 2017.
What is the lowest external balance on goods and services recorded in Togo?
The lowest recorded value was -633.58 billion constant LCU in 2022.
How does Togo rank for external balance on goods and services?
Togo ranks 130th out of 161 countries with data for 2023.
Is external balance on goods and services rising or falling in Togo?
Over the last ten years it is down 28.0%. The long-run trend across the full record is falling.
Where does this Togo data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.