Final consumption expenditure in Togo

Togo: Final consumption expenditure was 7.4% in 2023. ◆ Volatile

Latest (2023)
7.4%
Change on year
up 21.5%
World rank
21st
of 175 countries
All-time high
40.0%
in 1976
All-time low
-33.4%
in 1971
Years of data
58
1966–2023

Final consumption expenditure in Togo, 1966–2023

-40-2002040196619942023

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

The most recent figure for final consumption expenditure in Togo is 7.4%, measured in 2023.

That represents a change of up 21.5% on the previous year and up 39.0% over ten years.

Over the whole period, final consumption expenditure in Togo peaked at 40.0% in 1976 and was at its lowest, -33.4%, in 1971.

Togo ranks 21st of 175 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.1% 7.0% 19.5% 4
1970s 3.2% -33.4% 40.0% 10
1980s 4.2% -7.7% 13.9% 10
1990s 3.9% -19.9% 24.5% 10
2000s 2.6% -2.4% 7.2% 10
2010s 4.6% 1.8% 7.0% 10
2020s 4.8% 1.5% 7.4% 4

Countries ranked near Togo

  1. 18 Solomon Islands 7.8% compare
  2. 19 Sao Tome and Principe 7.7% compare
  3. 20 India 7.5% compare
  4. 22 Benin 7.3% compare
  5. 23 Ethiopia 6.7% compare
  6. 24 Ukraine 6.7% compare

See the full ranking of 217 places →

More economy & growth data for Togo

All data for Togo →

Frequently asked questions

What is final consumption expenditure in Togo?
Final consumption expenditure in Togo was 7.4% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in Togo?
The highest recorded value was 40.0% in 1976.
What is the lowest final consumption expenditure recorded in Togo?
The lowest recorded value was -33.4% in 1971.
How does Togo rank for final consumption expenditure?
Togo ranks 21st out of 175 countries with data for 2023.
Is final consumption expenditure rising or falling in Togo?
Over the last ten years it is up 39.0%. 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 Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 9,083 data points, 1961–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.