Subsidies and other transfers in Togo
Togo: Subsidies and other transfers was 306.24 billion current LCU in 2023. ◆ Volatile
Subsidies and other transfers in Togo, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Togo is 306.24 billion current LCU, measured in 2023. That is the highest value across all 20 years on record.
That represents a change of up 24.2% on the previous year and up 193.4% over ten years.
Over the whole period, subsidies and other transfers in Togo peaked at 306.24 billion current LCU in 2023 and was at its lowest, 3.11 billion current LCU, in 2005.
Togo ranks 64th of 153 countries on this measure, 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 | 32.18 billion current LCU | 3.11 billion current LCU | 55.66 billion current LCU | 6 |
| 2010s | 71.73 billion current LCU | 37.98 billion current LCU | 117.84 billion current LCU | 10 |
| 2020s | 185.19 billion current LCU | 72.88 billion current LCU | 306.24 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 subsidies and other transfers in Togo?
- Subsidies and other transfers in Togo was 306.24 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Togo?
- The highest recorded value was 306.24 billion current LCU in 2023.
- What is the lowest subsidies and other transfers recorded in Togo?
- The lowest recorded value was 3.11 billion current LCU in 2005.
- How does Togo rank for subsidies and other transfers?
- Togo ranks 64th out of 153 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Togo?
- Over the last ten years it is up 193.4%. 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 Subsidies and other transfers (current LCU). 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
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.