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Gross national savings — all countries

Gross national savings — Togo

Gross national savings in Togo in 2020 — 19.5%. Ranked 99 in the world out of 161. Since 1974, the indicator has fallen by 19.9 pp.

2020 19.5% +1.7 pp vs 2019
World rank 99of 161
Period maximum 39.4%1974
Period minimum 4.2%1993

Trend over time

1974–2020 · % of GDP

Gross national savings — Togo, 1974–202001020304019741979198419891994199920042009201420191974: 39.4%1975: 14.7%1976: 20.9%1977: 22.8%1978: 21.9%1979: 28.1%1980: 24.4%1981: 18%1982: 14.3%1983: 15.8%1984: 17.7%1985: 22.4%1986: 21.2%1987: 18%1988: 14.5%1989: 11.6%1990: 33.2%1991: 32.1%1992: 31.6%1993: 4.2%1994: 29.9%1995: 32.2%1996: 20.7%1997: 21.3%1998: 14.3%1999: 14.5%2000: 22.9%2001: 21.2%2002: 24.9%2003: 26.7%2004: 29.1%2005: 18.8%2006: 13.7%2007: 12.9%2008: 12.2%2009: 10.7%2010: 11.5%2011: 14.5%2012: 12.5%2013: 13%2014: 15.5%2015: 17.4%2016: 13.5%2017: 15.6%2018: 16.5%2019: 17.8%2020: 19.5%
Change over the period: −19.9 pp Annual average: -0.43 pp

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: Togo

Togo 19.5%
World 25.7%
Sub-Saharan Africa 18%
Western Africa computed 18.5%
Low-income countries computed 18.3%
Gross national savings — Togo, by year Togo All countries CSV XLSX
Year % Change, pp
2020 19.5 +1.7 pp
2019 17.8 +1.3 pp
2018 16.5 +0.9 pp
2017 15.6 +2.1 pp
2016 13.5 −3.9 pp
2015 17.4 +2 pp
2014 15.5 +2.5 pp
2013 13 +0.4 pp
2012 12.5 −1.9 pp
2011 14.5 +3 pp
2010 11.5 +0.8 pp
2009 10.7 −1.5 pp
2008 12.2 −0.7 pp
2007 12.9 −0.8 pp
2006 13.7 −5.1 pp
2005 18.8 −10.3 pp
2004 29.1 +2.4 pp
2003 26.7 +1.8 pp
2002 24.9 +3.6 pp
2001 21.2 −1.6 pp
2000 22.9 +8.4 pp
1999 14.5 +0.1 pp
1998 14.3 −6.9 pp
1997 21.3 +0.6 pp
1996 20.7 −11.5 pp
1995 32.2 +2.3 pp
1994 29.9 +25.7 pp
1993 4.2 −27.3 pp
1992 31.6 −0.6 pp
1991 32.1 −1.1 pp
1990 33.2 +21.6 pp
1989 11.6 −2.9 pp
1988 14.5 −3.4 pp
1987 18 −3.2 pp
1986 21.2 −1.2 pp
1985 22.4 +4.7 pp
1984 17.7 +1.8 pp
1983 15.8 +1.5 pp
1982 14.3 −3.7 pp
1981 18 −6.4 pp
1980 24.4 −3.7 pp
1979 28.1 +6.2 pp
1978 21.9 −0.9 pp
1977 22.8 +1.9 pp
1976 20.9 +6.2 pp
1975 14.7 −24.8 pp
1974 39.4 —

Western Africa, 2020

The same indicator for neighboring countries — with links to their pages

MR Mauritania 37.6 GM Gambia 26.9 SN Senegal 24.7 GW Guinea-Bissau 23.6 BJ Benin 21.6 BF Burkina Faso 20.6 NE Niger 19.8 TG Togo 19.5 ML Mali 18.6 CI Côte d'Ivoire 17.7 CV Cabo Verde 17.5 GH Ghana 15.2 SL Sierra Leone 10.6 GN Guinea 9.7
Full table for all countries

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Togo

Economy Gross capital formation in US dollars

How much a country puts in each year into buildings, equipment, infrastructure and inventories.

Togo by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

Togo by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Togo by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Togo by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Togo by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Togo by year
All indicators for Togo