Gross domestic savings in Togo

Togo: Gross domestic savings was 685.50 billion current LCU in 2023. ◆ Volatile

Latest (2023)
685.50 billion current LCU
Change on year
down 1.8%
World rank
71st
of 187 countries
All-time high
697.98 billion current LCU
in 2022
All-time low
357.97 million current LCU
in 1993
Years of data
61
1963–2023

Gross domestic savings in Togo, 1963–2023

0200.0B400.0B600.0B196319932023

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

Analysis

Togo recorded 685.50 billion current LCU for gross domestic savings in 2023.

The figure is down 1.8% on the previous year and up 181.5% over ten years.

Over the whole period, gross domestic savings in Togo peaked at 697.98 billion current LCU in 2022 and was at its lowest, 357.97 million current LCU, in 1993.

That places Togo 71st out of 187 countries with data for 2023, putting it 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

DecadeAverage LowestHighest Years
1960s 9.66 billion current LCU 1.22 billion current LCU 14.69 billion current LCU 7
1970s 35.00 billion current LCU 13.05 billion current LCU 65.88 billion current LCU 10
1980s 65.80 billion current LCU 46.65 billion current LCU 90.52 billion current LCU 10
1990s 175.06 billion current LCU 357.97 million current LCU 255.08 billion current LCU 10
2000s 247.18 billion current LCU 88.92 billion current LCU 418.10 billion current LCU 10
2010s 274.36 billion current LCU 105.54 billion current LCU 412.95 billion current LCU 10
2020s 598.07 billion current LCU 469.02 billion current LCU 697.98 billion current LCU 4

Countries ranked near Togo

  1. 68 Canada 723.69 billion current LCU compare
  2. 69 Hong Kong 706.95 billion current LCU compare
  3. 70 Australia 694.62 billion current LCU compare
  4. 72 France 641.45 billion current LCU compare
  5. 73 Qatar 580.22 billion current LCU compare
  6. 74 Israel 558.17 billion current LCU compare

See the full ranking of 187 places →

More economy & growth data for Togo

All data for Togo →

Frequently asked questions

What is gross domestic savings in Togo?
Gross domestic savings in Togo was 685.50 billion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross domestic savings recorded in Togo?
The highest recorded value was 697.98 billion current LCU in 2022.
What is the lowest gross domestic savings recorded in Togo?
The lowest recorded value was 357.97 million current LCU in 1993.
How does Togo rank for gross domestic savings?
Togo ranks 71st out of 187 countries with data for 2023.
Is gross domestic savings rising or falling in Togo?
Over the last ten years it is up 181.5%. 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 Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross domestic savings (current LCU)
Unit
current LCU
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

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.