Togo: Net secondary income (current US$, BoP)

Key figures

What the numbers say

In 2020, Togo's net secondary income (current US$, BoP) rose 16.6% on 2019 (from US$518.04 million to US$604.14 million).

Across the 30 yearly changes before that (1990 to 2019), the average change was +7% and a typical year strayed about 20% from that (the standard deviation). This year's change was 0.5 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 65.4% in 1979 and the biggest yearly fall was 29.9% 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 US$36.32 million a year. A straight line explains 88% 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.

Closest to Togo in the 2020 ranking

• Afghanistan — 1st of 2: US$2.18 billion

What this measures

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Discrepancies may arise in the balance of payments because there is no single source for balance of payments data and therefore no way to ensure that the data are fully consistent. Sources include customs data, monetary accounts of the banking system, external debt records, information provided by enterprises, surveys to estimate service transactions, and foreign exchange records. Differences in collection methods - such as in timing, definitions of residence and ownership, and the exchange rate used to value transactions - contribute to net errors and omissions. In addition, smuggling and other illegal or quasi-legal transactions may be unrecorded or misrecorded.

All 47 values

Net secondary income (current US$, BoP) in nearby economies

• Angola — −US$399.46 million (2025)
• Benin — US$258.86 million (2023)
• Botswana — US$1.81 billion (2025)
• Burkina Faso — US$769.8 million (2024)
• Burundi — US$505.67 million (2025)
• Cabo Verde — US$501.52 million (2025)
• Cameroon — US$941.82 million (2024)
• Comoros — US$323.58 million (2023)
• Congo, Dem. Rep. — US$975.88 million (2025)
• Congo, Rep. — US$101.7 million (2021)

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$11.92 billion (2025)
• GNI (current LCU) — 6.93 trillion (2025)
• GNI per capita (current LCU) — 807,073 (2025)
• Net primary income (net income from abroad) (current US$)

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Questions people ask

What is Togo's net secondary income (current US$, BoP)?

US$604.14 million in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1974?

It is up 1,486% from US$38.1 million in 1974 (6.19% a year on average, compounded). The highest value was US$604.14 million in 2020 and the lowest US$37.36 million in 1976.

Is the latest change in net secondary income (current US$, BoP) unusual for Togo?

In 2020, Togo's net secondary income (current US$, BoP) rose 16.6% on 2019 (from US$518.04 million to US$604.14 million). Across the 30 yearly changes before that (1990 to 2019), the average change was +7% and a typical year strayed about 20% from that (the standard deviation). This year's change was 0.5 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: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator BN.TRF.CURR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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