Togo: Commercial banks and other lending (PPG + PNG) (NFL, current US$)

Key figures

Over five years it is up 24.55% from US$124.73 million in 2019 (4.49% a year on average, compounded). Since 1973 it is up 4,705% from US$3.23 million in 1973 (7.89% a year on average, compounded).

What the numbers say

In 2024, Togo's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$130.4 million on 2023 (from US$24.96 million to US$155.35 million).

Across the 23 yearly changes before that (1974 to 2023), the average change was +US$794,261 and a typical year strayed about US$52.28 million from that (the standard deviation). This year's change was 2.5 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$131.94 million in 2019 and the biggest yearly fall was US$146.23 million in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 23% 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.

How it compares

In 2024, Togo had the 27th highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Togo in the 2024 ranking

• Bosnia and Herzegovina — 24th of 87: US$195.51 million
• Morocco — 25th of 87: US$170.33 million
• North Macedonia — 26th of 87: US$161.62 million
• Burkina Faso — 28th of 87: US$131.21 million
• Kosovo — 29th of 87: US$98.84 million
• Liberia — 30th of 87: US$71.6 million

What this measures

Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).

Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.

Regional and income-group figures are computed by the World Bank as a sum.

All 28 values

Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies

• Angola — −US$924.98 million (2024)
• Benin — US$461.66 million (2024)
• Burkina Faso — US$131.21 million (2024)
• Cabo Verde — −US$22.14 million (2024)
• Cameroon — US$452.97 million (2024)
• Congo, Dem. Rep. — −US$9.02 million (2024)
• Congo, Rep. — −US$404.91 million (2024)
• Côte d'Ivoire — US$233.35 million (2024)
• Eswatini

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Togo's commercial banks and other lending (PPG + PNG) (NFL, current US$)?

US$155.35 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1973?

It is up 4,705% from US$3.23 million in 1973 (7.89% a year on average, compounded). The highest value was US$176.88 million in 2020 and the lowest −US$22.53 million in 1986.

How does Togo rank?

27th highest of 87 economies with data for 2024.

Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Togo?

In 2024, Togo's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$130.4 million on 2023 (from US$24.96 million to US$155.35 million). Across the 23 yearly changes before that (1974 to 2023), the average change was +US$794,261 and a typical year strayed about US$52.28 million from that (the standard deviation). This year's change was 2.5 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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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