Gross fixed capital formation in Togo

Togo: Gross fixed capital formation was -19.8% in 2023. ◆ Volatile

Latest (2023)
-19.8%
Change on year
down 164.5%
World rank
164th
of 166 countries
All-time high
81.2%
in 2016
All-time low
-45.8%
in 1993
Years of data
43
1981–2023

Gross fixed capital formation in Togo, 1981–2023

-500501001981200220231981: -12.6 annual % growth1982: -13.1 annual % growth1983: -24.6 annual % growth1984: 20.8 annual % growth1985: 14.4 annual % growth1986: 26.7 annual % growth1987: 4.3 annual % growth1988: 2.5 annual % growth1989: -0.487 annual % growth1990: 8.5 annual % growth1991: -29 annual % growth1992: -12.4 annual % growth1993: -45.8 annual % growth1994: 2.2 annual % growth1995: 20.2 annual % growth1996: 40.6 annual % growth1997: -6.2 annual % growth1998: 28.4 annual % growth1999: -3.3 annual % growth2000: 3.8 annual % growth2001: 4.1 annual % growth2002: 3.7 annual % growth2003: 8.7 annual % growth2004: -7.8 annual % growth2005: 8.1 annual % growth2006: 9.1 annual % growth2007: -11.5 annual % growth2008: 19.8 annual % growth2009: 9.6 annual % growth2010: 12 annual % growth2011: 0.009 annual % growth2012: 2.9 annual % growth2013: 13.9 annual % growth2014: 2.5 annual % growth2015: 15.7 annual % growth2016: 81.2 annual % growth2017: -20.7 annual % growth2018: 9.1 annual % growth2019: 4.2 annual % growth2020: 15.4 annual % growth2021: 17 annual % growth2022: 30.7 annual % growth2023: -19.8 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

The most recent figure for gross fixed capital formation in Togo is -19.8%, measured in 2023.

The figure is down 164.5% on the previous year and down 242.5% over ten years.

Over the whole period, gross fixed capital formation in Togo peaked at 81.2% in 2016 and was at its lowest, -45.8%, in 1993.

That places Togo 164th out of 166 countries with data for 2023, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.0% -24.6% 26.7% 9
1990s 0.3% -45.8% 40.6% 10
2000s 4.8% -11.5% 19.8% 10
2010s 12.1% -20.7% 81.2% 10
2020s 10.8% -19.8% 30.7% 4

Countries ranked near Togo

  1. 161 Iran -14.4% compare
  2. 162 Haiti -15.3% compare
  3. 163 Democratic Republic of Congo -16.4% compare
  4. 165 Lebanon -31.6% compare
  5. 166 Iraq -39.8% compare

See the full ranking of 199 places →

More economy & growth data for Togo

All data for Togo →

Frequently asked questions

What is gross fixed capital formation in Togo?
Gross fixed capital formation in Togo was -19.8% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Togo?
The highest recorded value was 81.2% in 2016.
What is the lowest gross fixed capital formation recorded in Togo?
The lowest recorded value was -45.8% in 1993.
How does Togo rank for gross fixed capital formation?
Togo ranks 164th out of 166 countries with data for 2023.
Is gross fixed capital formation rising or falling in Togo?
Over the last ten years it is down 242.5%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.