Final consumption expenditure in Togo

Togo: Final consumption expenditure was 88.4% in 2023. ▲ Rising

Latest (2023)
88.4%
Change on year
up 1.5%
World rank
53rd
of 187 countries
All-time high
99.9%
in 1993
All-time low
65.4%
in 1974
Years of data
61
1963–2023

Final consumption expenditure in Togo, 1963–2023

020406080100196319932023

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

Analysis

Togo recorded 88.4% for final consumption expenditure in 2023.

That represents a change of up 1.5% on the previous year and down 3.7% over ten years.

Over the whole period, final consumption expenditure in Togo peaked at 99.9% in 1993 and was at its lowest, 65.4%, in 1974.

Togo ranks 53rd of 187 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 61 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 87.3% 82.5% 97.5% 7
1970s 82.2% 65.4% 89.5% 10
1980s 85.5% 78.4% 92.3% 10
1990s 79.9% 71.1% 99.9% 10
2000s 85.3% 75.2% 96.0% 10
2010s 91.8% 89.8% 95.5% 10
2020s 88.3% 87.1% 89.1% 4

Countries ranked near Togo

  1. 50 Fiji 89.3% compare
  2. 51 Venezuela 89.3% compare
  3. 52 Colombia 88.7% compare
  4. 54 Kenya 88.2% compare
  5. 55 Ghana 87.8% compare
  6. 56 Curacao 87.7% compare

See the full ranking of 187 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 88.4% 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 99.9% in 1993.
What is the lowest final consumption expenditure recorded in Togo?
The lowest recorded value was 65.4% in 1974.
How does Togo rank for final consumption expenditure?
Togo ranks 53rd out of 187 countries with data for 2023.
Is final consumption expenditure rising or falling in Togo?
Over the last ten years it is down 3.7%. The long-run trend across the full record is rising.
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 (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,736 data points, 1960–2025
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 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.