Gross fixed capital formation, private sector in Togo

Togo: Gross fixed capital formation, private sector was 786.45 billion current LCU in 2023. ▲ Rising

Latest (2023)
786.45 billion current LCU
Change on year
down 19.5%
World rank
41st
of 105 countries
All-time high
977.03 billion current LCU
in 2022
All-time low
451.88 billion current LCU
in 2017
Years of data
8
2016–2023

Gross fixed capital formation, private sector in Togo, 2016–2023

0200.0B400.0B600.0B800.0B1.0T2016201920232016: 495.1B current LCU2017: 451.9B current LCU2018: 490.1B current LCU2019: 537.3B current LCU2020: 588.7B current LCU2021: 623.5B current LCU2022: 977.0B current LCU2023: 786.4B current LCU

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

Analysis

Togo recorded 786.45 billion current LCU for gross fixed capital formation, private sector in 2023.

That represents a change of down 19.5% on the previous year and up 58.8% over ten years.

Togo ranks 41st of 105 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 493.61 billion current LCU 451.88 billion current LCU 537.27 billion current LCU 4
2020s 743.92 billion current LCU 588.73 billion current LCU 977.03 billion current LCU 4

Countries ranked near Togo

  1. 38 Nepal 964.84 billion current LCU compare
  2. 39 South Africa 875.66 billion current LCU compare
  3. 40 Sri Lanka 838.63 billion current LCU compare
  4. 42 Yemen 619.18 billion current LCU compare
  5. 43 Australia 565.23 billion current LCU compare
  6. 44 Algeria 516.90 billion current LCU compare

See the full ranking of 105 places →

More economy & growth data for Togo

All data for Togo →

Frequently asked questions

What is gross fixed capital formation, private sector in Togo?
Gross fixed capital formation, private sector in Togo was 786.45 billion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation, private sector recorded in Togo?
The highest recorded value was 977.03 billion current LCU in 2022.
What is the lowest gross fixed capital formation, private sector recorded in Togo?
The lowest recorded value was 451.88 billion current LCU in 2017.
How does Togo rank for gross fixed capital formation, private sector?
Togo ranks 41st out of 105 countries with data for 2023.
Is gross fixed capital formation, private sector rising or falling in Togo?
Over the last ten years it is up 58.8%. 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 Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation, private sector (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
105 places, 3,078 data points, 1960–2025
Last refreshed

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 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.