Economic Policy & Debt · Togo
Yearly data from 1963 to 2023, from the World Bank.
Togo's gross capital formation (current LCU) was 1.32 trillion in 2023, the latest year in the World Bank's World Development Indicators. That is up 100.76% from 657.72 billion in 2013 (7.22% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | 1.32 trillion | 2023 |
| Five years earlier | 747.14 billion | 2018 |
| Ten years earlier | 657.72 billion | 2013 |
| Highest | 1.32 trillion | 2022 |
| Lowest | 5.81 billion | 1963 |
| Average since 2014 | 893.61 billion | 2014–2023 |
| First recorded | 5.81 billion | 1963 |
Over five years it is up 76.73% from 747.14 billion in 2018 (12.06% a year on average, compounded). Since 1963 it is up 22,613% from 5.81 billion in 1963 (9.46% a year on average, compounded).
In 2023, Togo's gross capital formation (current LCU) fell 0.1% on 2022 (from 1.32 trillion to 1.32 trillion).
Across the 30 yearly changes before that (1993 to 2022), the average change was +23.3% and a typical year strayed about 105.1% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 563% in 1994 and the biggest yearly fall was 83.3% in 1993. 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 the straight-line trend is upward, about 66.34 billion a year. A straight line explains 65% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.
| Year | Gross capital formation (current LCU) |
|---|---|
| 2023 | 1,320,412,000,000 |
| 2022 | 1,321,268,000,000 |
| 2021 | 1,018,592,000,000 |
| 2020 | 853,607,000,000 |
| 2019 | 762,125,000,000 |
| 2018 | 747,137,000,000 |
| 2017 | 624,433,000,000 |
| 2016 | 725,219,000,000 |
| 2015 | 856,969,000,000 |
| 2014 | 706,384,000,000 |
| 2013 | 657,719,000,000 |
| 2012 | 489,116,000,000 |
| 2011 | 508,618,000,000 |
| 2010 | 372,010,000,000 |
| 2009 | 321,812,000,000 |
| 2008 | 348,923,000,000 |
| 2007 | 338,055,000,000 |
| 2006 | 330,049,484,900 |
| 2005 | 426,587,379,000 |
| 2004 | 598,556,191,900 |
| 2003 | 556,120,624,400 |
| 2002 | 512,782,800,100 |
| 2001 | 449,564,511,800 |
| 2000 | 441,370,881,300 |
| 1999 | 279,561,753,200 |
| 1998 | 277,268,623,700 |
| 1997 | 323,588,038,000 |
| 1996 | 289,676,484,700 |
| 1995 | 348,186,754,200 |
| 1994 | 256,276,713,800 |
| 1993 | 38,652,478,800 |
| 1992 | 231,798,702,200 |
| 1991 | 238,902,462,100 |
| 1990 | 226,282,243,084 |
| 1989 | 103,373,563,205 |
| 1988 | 130,039,948,377 |
| 1987 | 127,804,105,629 |
| 1986 | 147,151,241,603 |
| 1985 | 132,746,810,107 |
| 1984 | 66,655,841,835 |
| 1983 | 89,883,212,382 |
| 1982 | 96,701,928,292 |
| 1981 | 113,220,398,922 |
| 1980 | 117,906,204,369 |
| 1979 | 135,835,525,270 |
| 1978 | 129,247,718,536 |
| 1977 | 104,824,063,248 |
| 1976 | 56,429,979,458 |
| 1975 | 53,297,947,392 |
| 1974 | 32,212,531,140 |
| 1973 | 27,740,352,012 |
| 1972 | 24,003,539,943 |
| 1971 | 20,134,964,652 |
| 1970 | 14,258,415,181 |
| 1969 | 12,992,219,359 |
| 1968 | 9,179,298,735 |
| 1967 | 10,167,840,564 |
| 1966 | 12,286,143,019 |
| 1965 | 15,348,175,941 |
| 1964 | 12,273,640,906 |
| 1963 | 5,813,559,585 |
Every indicator for Togo is on the Togo data page.
World Bank, World Development Indicators, indicator NE.GDI.TOTL.CN, 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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