Togo's net trade in goods and services (current US$, BoP) was −US$667.63 million in 2020, the latest year in the World Bank's World Development Indicators. That is down 25.38% from −US$532.5 million in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$667.63 million | 2020 |
| Five years earlier | −US$918.41 million | 2015 |
| Ten years earlier | −US$532.5 million | 2010 |
| Highest | US$93.28 million | 1974 |
| Lowest | −US$918.41 million | 2015 |
| Average since 2011 | −US$716.16 million | 2011–2020 |
| First recorded | US$93.28 million |
What the numbers say
In 2020, Togo's net trade in goods and services (current US$, BoP) fell US$72.02 million on 2019 (from −US$595.61 million to −US$667.63 million).
Across the 30 yearly changes before that (1990 to 2019), the average change was −US$15.65 million and a typical year strayed about US$121.41 million from that (the standard deviation). This year's change was 0.5 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 US$319.76 million in 2017 and the biggest yearly fall was US$313.81 million in 2013. 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 there is no clear straight-line trend: a straight line explains 15% 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 2020 ranking
- Afghanistan — 2nd of 2: −US$5.51 billion
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 47 values
| Year | Net trade in goods and services (current US$, BoP) |
|---|---|
| 2020 | -667,629,634 |
| 2019 | -595,605,804 |
| 2018 | -626,014,180 |
| 2017 | -501,993,344 |
| 2016 | -821,754,289 |
| 2015 | -918,413,326 |
| 2014 | -824,955,001 |
| 2013 | -856,074,517 |
| 2012 | -542,267,972 |
| 2011 | -806,844,878 |
Net trade in goods and services (current US$, BoP) in nearby economies
- Angola — US$6.76 billion (2025)
- Benin — −US$1.68 billion (2023)
- Botswana — −US$843.02 million (2025)
- Burkina Faso — −US$547.37 million (2024)
- Burundi — −US$946.66 million (2025)
- Cabo Verde — −US$352.91 million (2025)
- Cameroon — −US$1.58 billion (2024)
- Comoros — −US$355.58 million (2023)
- Congo, Dem. Rep. — −US$1.56 billion (2025)
- Congo, Rep.
More economic policy & debt data for Togo
- GDP (current US$) — 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 net trade in goods and services (current US$, BoP)?
- −US$667.63 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1974?
- It is down 815.72% from US$93.28 million in 1974. The highest value was US$93.28 million in 1974 and the lowest −US$918.41 million in 2015.
- Is the latest change in net trade in goods and services (current US$, BoP) unusual for Togo?
- In 2020, Togo's net trade in goods and services (current US$, BoP) fell US$72.02 million on 2019 (from −US$595.61 million to −US$667.63 million). Across the 30 yearly changes before that (1990 to 2019), the average change was −US$15.65 million and a typical year strayed about US$121.41 million from that (the standard deviation). This year's change was 0.5 standard deviations below 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?
Source
World Bank, World Development Indicators, indicator BN.GSR.GNFS.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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