Togo's changes in inventories (constant LCU) was -70.85 billion in 2023, the latest year in the World Bank's World Development Indicators. That is down 177.71% from 91.17 billion in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -70.85 billion | 2023 |
| Five years earlier | 51.55 billion | 2018 |
| Ten years earlier | 91.17 billion | 2013 |
| Highest | 109.04 billion | 2022 |
| Lowest | -78.78 billion | 2016 |
| Average since 2014 | 7.83 billion | 2014–2023 |
| First recorded | 48.36 billion |
What the numbers say
In 2023, Togo's changes in inventories (constant LCU) fell 179.88 billion on 2022 (from 109.04 billion to -70.85 billion).
Across the 15 yearly changes before that (2008 to 2022), the average change was +4.05 billion and a typical year strayed about 70.38 billion from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 127.88 billion in 2013 and the biggest yearly fall was 179.88 billion in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 4% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Togo in the 2023 ranking
- North Macedonia — 1st of 2: 12.68 billion
What this measures
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 17 values
| Year | Changes in inventories (constant LCU) |
|---|---|
| 2023 | -70,849,000,000 |
| 2022 | 109,035,000,000 |
| 2021 | -2,646,000,000 |
| 2020 | 18,476,000,000 |
| 2019 | 54,279,000,000 |
| 2018 | 51,547,000,000 |
| 2017 | -3,659,000,000 |
| 2016 | -78,776,000,000 |
| 2015 | 18,706,000,000 |
| 2014 | -17,835,000,000 |
Changes in inventories (constant LCU) in nearby economies
- Angola — 2.93 billion (2024)
- Benin — 36.2 billion (2025)
- Botswana — 19.18 billion (2024)
- Burkina Faso — -240.22 billion (2025)
- Cameroon — -86.2 billion (2024)
- Central African Republic — -12.99 billion (2025)
- Chad — 299.39 billion (2025)
- Comoros — 5.94 billion (2025)
- Congo, Dem. Rep. — 1.15 trillion (2025)
- Congo, Rep. — 19.12 billion (2025)
More economic policy & debt data for Togo
- GDP (current US$) — US$11.89 billion (2025)
- GDP (current LCU) — 6.92 trillion (2025)
- GDP (constant 2015 US$) — US$9.42 billion (2025)
- GDP (constant LCU) — 5.65 trillion (2025)
- GDP per capita (current US$) — US$1,384 (2025)
- GDP per capita (current LCU) — 805,331 (2025)
- GDP per capita (constant 2015 US$) — US$1,096 (2025)
- GDP per capita (constant LCU) — 657,524 (2025)
- GNI (current US$) — US$11.92 billion (2025)
- GNI (current LCU) — 6.93 trillion (2025)
- GNI per capita (current LCU) — 807,073 (2025)
- Net primary income (net income from abroad) (current US$)
Reading data like this
Questions people ask
- What is Togo's changes in inventories (constant LCU)?
- -70.85 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is down 246.5% from 48.36 billion in 2007. The highest value was 109.04 billion in 2022 and the lowest -78.78 billion in 2016.
- Is the latest change in changes in inventories (constant LCU) unusual for Togo?
- In 2023, Togo's changes in inventories (constant LCU) fell 179.88 billion on 2022 (from 109.04 billion to -70.85 billion). Across the 15 yearly changes before that (2008 to 2022), the average change was +4.05 billion and a typical year strayed about 70.38 billion from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NE.GDI.STKB.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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