Bank branches — all countries

Bank branches — Togo

Bank branches in Togo in 2024 — 4.38 per 100k. Ranked 129 in the world out of 153. Since 2004, the indicator has risen by 290.8%.

2024 4.38 per 100k −6.5% vs 2023
World rank 129of 153
Period maximum 5.36 per 100k2016
Period minimum 1.12 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Togo, 2004–20240246200420062008201020122014201620182020202220242004: 1.12 per 100k2005: 1.15 per 100k2006: 1.51 per 100k2007: 2.74 per 100k2008: 3.6 per 100k2009: 3.76 per 100k2010: 3.94 per 100k2011: 4.16 per 100k2012: 4.2 per 100k2013: 4.3 per 100k2014: 4.62 per 100k2015: 4.99 per 100k2016: 5.36 per 100k2017: 5.3 per 100k2018: 4.93 per 100k2019: 5.2 per 100k2020: 5.29 per 100k2021: 4.87 per 100k2022: 4.82 per 100k2023: 4.68 per 100k2024: 4.38 per 100k
Change over the period: +3.26 (+290.82%) Average annual rate: 7.05 %

Comparison, 2024

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

Togo 4.38 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Western Africa computed 3.62 per 100k
Bank branches — Togo, by year Togo All countries CSV XLSX
Year per 100k Change Change, %
2024 4.38 −0.3 −6.5%
2023 4.68 −0.14 −2.85%
2022 4.82 −0.04 −0.91%
2021 4.87 −0.43 −8.1%
2020 5.29 +0.09 +1.8%
2019 5.2 +0.27 +5.43%
2018 4.93 −0.37 −6.95%
2017 5.3 −0.06 −1.1%
2016 5.36 +0.37 +7.34%
2015 4.99 +0.37 +7.97%
2014 4.62 +0.32 +7.51%
2013 4.3 +0.1 +2.46%
2012 4.2 +0.04 +0.9%
2011 4.16 +0.22 +5.57%
2010 3.94 +0.18 +4.82%
2009 3.76 +0.16 +4.41%
2008 3.6 +0.86 +31.36%
2007 2.74 +1.23 +81.04%
2006 1.51 +0.37 +31.81%
2005 1.15 +0.03 +2.52%
2004 1.12

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

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