Togo's taxes less subsidies on products (constant LCU) was 567.36 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 114.96% from 263.93 billion in 2014 (7.95% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 567.36 billion | 2024 |
| Five years earlier | 368.72 billion | 2019 |
| Ten years earlier | 263.93 billion | 2014 |
| Highest | 567.36 billion | 2024 |
| Lowest | 73.75 billion | 1993 |
| Average since 2015 | 402.41 billion | 2015–2024 |
| First recorded | 190.42 billion |
What the numbers say
In 2024, Togo's taxes less subsidies on products (constant LCU) rose 12.7% on 2023 (from 503.23 billion to 567.36 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +7.5% and a typical year strayed about 14.8% from that (the standard deviation). This year's change was 0.4 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 65.3% in 1994 and the biggest yearly fall was 55.5% 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 2015 to 2024 the straight-line trend is upward, about 30.47 billion a year. A straight line explains 92% 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
In 2024, Togo had the 3rd highest value of the 26 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
- Iran, Islamic Rep. — 1st of 26: 2,386.92 trillion
- Lebanon — 2nd of 26: 1.05 trillion
- Poland — 4th of 26: 286.77 billion
- Israel — 5th of 26: 155.51 billion
- Afghanistan — 6th of 26: 59.23 billion
What this measures
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 35 values
| Year | Taxes less subsidies on products (constant LCU) |
|---|---|
| 2024 | 567,356,000,000 |
| 2023 | 503,226,000,000 |
| 2022 | 464,838,000,000 |
| 2021 | 487,665,000,000 |
| 2020 | 387,080,000,000 |
| 2019 | 368,715,000,000 |
| 2018 | 324,374,000,000 |
| 2017 | 312,742,000,000 |
| 2016 | 301,498,000,000 |
| 2015 | 306,566,000,000 |
Taxes less subsidies on products (constant LCU) in nearby economies
- Angola — 107.63 billion (2025)
- Benin — 1.17 trillion (2025)
- Botswana — 8.4 billion (2025)
- Burkina Faso — 1.07 trillion (2025)
- Burundi — 271.73 billion (2025)
- Cabo Verde — 48.77 billion (2025)
- Cameroon — 2.12 trillion (2025)
- Central African Republic — 93.5 billion (2025)
- Chad — 399.13 billion (2025)
- Comoros
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 taxes less subsidies on products (constant LCU)?
- 567.36 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 197.95% from 190.42 billion in 1990 (3.26% a year on average, compounded). The highest value was 567.36 billion in 2024 and the lowest 73.75 billion in 1993.
- How does Togo rank?
- 3rd highest of 26 economies with data for 2024.
- Is the latest change in taxes less subsidies on products (constant LCU) unusual for Togo?
- In 2024, Togo's taxes less subsidies on products (constant LCU) rose 12.7% on 2023 (from 503.23 billion to 567.36 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +7.5% and a typical year strayed about 14.8% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TAX.NIND.KN, 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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