Togo: Gross savings (% of GNI)

Key figures

What the numbers say

In 2020, Togo's gross savings (% of GNI) rose 1.67 percentage points on 2019 (from 17.75% to 19.42%).

Across the 30 yearly changes before that (1990 to 2019), the average change was +0.2 percentage points and a typical year strayed about 9.14 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above 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 26.67 percentage points in 1994 and the biggest yearly fall was 27.71 percentage points 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 2011 to 2020 the straight-line trend is upward, about 0.61 percentage points a year. A straight line explains 67% 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.

How it compares

See how every economy compares in the full ranking.

What this measures

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

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

All 47 values

Gross savings (% of GNI) in nearby economies

• Angola — 16.96% (2024)
• Benin — 30.55% (2023)
• Botswana — 29.3% (2025)
• Burkina Faso — 16.88% (2024)
• Burundi — 43.16% (2025)
• Cabo Verde — 21.42% (2025)
• Cameroon — 15.87% (2024)
• Comoros — 11.99% (2023)
• Congo, Dem. Rep. — 29.79% (2025)
• Congo, Rep. — 35.62% (2021)
• Côte d'Ivoire — 17.94% (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

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Questions people ask

What is Togo's gross savings (% of GNI)?

19.42% in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1974?

It is down 20.01 percentage points from 39.43% in 1974. The highest value was 39.43% in 1974 and the lowest 4.21% in 1993.

Is the latest change in gross savings (% of GNI) unusual for Togo?

In 2020, Togo's gross savings (% of GNI) rose 1.67 percentage points on 2019 (from 17.75% to 19.42%). Across the 30 yearly changes before that (1990 to 2019), the average change was +0.2 percentage points and a typical year strayed about 9.14 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

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 Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NY.GNS.ICTR.GN.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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