Goods and services expense in Togo
Togo: Goods and services expense was 157.81 billion current LCU in 2023. ▲ Rising
Goods and services expense in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, goods and services expense in Togo stood at 157.81 billion current LCU.
The figure is down 6.7% on the previous year and up 51.2% over ten years.
Over the whole period, goods and services expense in Togo peaked at 177.58 billion current LCU in 2020 and was at its lowest, 40.94 billion current LCU, in 2008.
Togo ranks 55th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.78 billion current LCU | 40.94 billion current LCU | 86.44 billion current LCU | 6 |
| 2010s | 118.90 billion current LCU | 59.54 billion current LCU | 169.20 billion current LCU | 10 |
| 2020s | 158.92 billion current LCU | 131.16 billion current LCU | 177.58 billion current LCU | 4 |
Countries ranked near Togo
More public sector data for Togo
- Arms imports 2.00 million SIPRI trend indicator values (2023)
- Tax revenue 13.9% (2023)
- Taxes on income, profits and capital gains 18.0% (2023)
- Taxes on goods and services 41.4% (2023)
- Net investment in nonfinancial assets 8.7% (2023)
- Net lending (+) / net borrowing (-) -6.2% (2023)
- Interest payments 14.0% (2023)
- Grants and other revenue 24.9% (2023)
- Interest payments 16.2% (2023)
- Other taxes 0.4% (2023)
Frequently asked questions
- What is goods and services expense in Togo?
- Goods and services expense in Togo was 157.81 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Togo?
- The highest recorded value was 177.58 billion current LCU in 2020.
- What is the lowest goods and services expense recorded in Togo?
- The lowest recorded value was 40.94 billion current LCU in 2008.
- How does Togo rank for goods and services expense?
- Togo ranks 55th out of 155 countries with data for 2023.
- Is goods and services expense rising or falling in Togo?
- Over the last ten years it is up 51.2%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.