Net incurrence of liabilities, total in Togo
Togo: Net incurrence of liabilities, total was 321.48 billion current LCU in 2023. ◆ Volatile
Net incurrence of liabilities, total in Togo, 2006–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, net incurrence of liabilities, total in Togo stood at 321.48 billion current LCU.
Compared with earlier readings it is up 1,150.0% over ten years.
Over the whole period, net incurrence of liabilities, total in Togo peaked at 335.34 billion current LCU in 2021 and was at its lowest, -12.15 billion current LCU, in 2010.
That places Togo 42nd out of 136 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.47 billion current LCU | -11.08 billion current LCU | 36.84 billion current LCU | 4 |
| 2010s | 63.87 billion current LCU | -12.15 billion current LCU | 190.83 billion current LCU | 10 |
| 2020s | 294.35 billion current LCU | 198.97 billion current LCU | 335.34 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 net incurrence of liabilities, total in Togo?
- Net incurrence of liabilities, total in Togo was 321.48 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Togo?
- The highest recorded value was 335.34 billion current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Togo?
- The lowest recorded value was -12.15 billion current LCU in 2010.
- How does Togo rank for net incurrence of liabilities, total?
- Togo ranks 42nd out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Togo?
- Over the last ten years it is up 1,150.0%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial 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.