Interest payments in Togo
Togo: Interest payments was 16.2% in 2023. ▲ Rising
Interest payments in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Togo stood at 16.2%.
The figure is up 6.8% on the previous year and up 140.4% over ten years.
Over the whole period, interest payments in Togo peaked at 16.3% in 2020 and was at its lowest, 4.2%, in 2011.
That places Togo 22nd out of 152 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.7% | 5.3% | 11.4% | 6 |
| 2010s | 9.4% | 4.2% | 15.6% | 10 |
| 2020s | 15.9% | 15.2% | 16.3% | 4 |
Countries ranked near Togo
- 19 Costa Rica 16.7% compare
- 20 Jordan 16.5% compare
- 21 Kenya 16.4% compare
- 23 Saint Lucia 16.1% compare
- 24 Mexico 15.8% compare
- 25 Philippines 15.3% compare
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)
- Other taxes 0.4% (2023)
- Compensation of employees 31.7% (2023)
Frequently asked questions
- What is interest payments in Togo?
- Interest payments in Togo was 16.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Togo?
- The highest recorded value was 16.3% in 2020.
- What is the lowest interest payments recorded in Togo?
- The lowest recorded value was 4.2% in 2011.
- How does Togo rank for interest payments?
- Togo ranks 22nd out of 152 countries with data for 2023.
- Is interest payments rising or falling in Togo?
- Over the last ten years it is up 140.4%. 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 Interest payments (% of expense). 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
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.