External balance on goods and services in Togo
Togo: External balance on goods and services was -1.05 billion current US$ in 2023. ◆ Volatile
External balance on goods and services in Togo, 1963–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Togo recorded -1.05 billion current US$ for external balance on goods and services in 2023. That is the lowest value across all 61 years on record.
That represents a change of down 4.8% on the previous year and down 24.8% over ten years.
Over the whole period, external balance on goods and services in Togo peaked at 139.28 million current US$ in 1974 and was at its lowest, -1.05 billion current US$, in 2023.
Togo ranks 116th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -6.24 million current US$ | -19.36 million current US$ | 7.42 million current US$ | 7 |
| 1970s | -110.41 million current US$ | -347.73 million current US$ | 139.28 million current US$ | 10 |
| 1980s | -151.58 million current US$ | -231.06 million current US$ | -7.76 million current US$ | 10 |
| 1990s | -170.92 million current US$ | -215.09 million current US$ | -82.19 million current US$ | 10 |
| 2000s | -345.55 million current US$ | -533.65 million current US$ | -178.97 million current US$ | 10 |
| 2010s | -691.22 million current US$ | -904.00 million current US$ | -485.75 million current US$ | 10 |
| 2020s | -894.40 million current US$ | -1.05 billion current US$ | -668.16 million current US$ | 4 |
Countries ranked near Togo
More economy & growth data for Togo
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 405.40 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 668.60 million current US$ (2024)
- Taxes less subsidies on products 586.46 billion current LCU (2024)
- Taxes less subsidies on products 967.20 million current US$ (2024)
- Net primary income (Net income from abroad) 14.97 billion current LCU (2025)
- Net primary income (Net income from abroad) 25.72 million current US$ (2025)
- GNI per capita 807,073 current LCU (2025)
- GNI per capita, Atlas method 1,350 current US$ (2025)
- GNI 6.93 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Togo?
- External balance on goods and services in Togo was -1.05 billion current US$ 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 139.28 million current US$ in 1974.
- What is the lowest external balance on goods and services recorded in Togo?
- The lowest recorded value was -1.05 billion current US$ in 2023.
- How does Togo rank for external balance on goods and services?
- Togo ranks 116th out of 192 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 24.8%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
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About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.