Budget balance — all countries

Budget balance — Togo

Budget balance in Togo in 2031 — -3%. Ranked 117 in the world out of 188. Since 1989, the indicator has fallen by 0.8 pp.

2031 -3% +0 pp vs 2030
World rank 117of 188
Period maximum 1.7%2019
Period minimum -8.5%1993

Trend over time

1989–2031 · % of GDP

Budget balance — Togo, 1989–2031-10-5051989199419992004200920142019202420291989: -2.2%1990: -1.6%1991: -3.5%1992: -2.3%1993: -8.5%1994: -5.4%1995: -3%1996: -3.3%1997: -1%1998: -3.3%1999: -1.8%2000: -3.4%2001: -0.7%2002: -0.3%2003: 1.4%2004: 0.6%2005: -1.7%2006: -1.9%2007: -1.8%2008: -0.6%2009: -2.6%2010: -1.7%2011: -4.5%2012: -4.6%2013: -5.1%2014: -7.1%2015: -7%2016: -7%2017: -0.2%2018: -0.6%2019: 1.7%2020: -7%2021: -4.5%2022: -7.8%2023: -6.3%2024: -6.8%2025: -3.2%2026: -6.7%2027: -3%2028: -3%2029: -3%2030: -3%2031: -3%
Change over the period: −0.8 pp Annual average: -0.02 pp

Comparison, 2031

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

Togo -3%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Western Africa computed -2.26%
Low-income countries computed -2.83%
Budget balance — Togo, by year Togo All countries CSV XLSX
Year % Change, pp
2031 -3 +0 pp
2030 -3 +0 pp
2029 -3 +0 pp
2028 -3 +0 pp
2027 -3 +3.7 pp
2026 -6.7 −3.5 pp
2025 -3.2 +3.6 pp
2024 -6.8 −0.5 pp
2023 -6.3 +1.5 pp
2022 -7.8 −3.3 pp
2021 -4.5 +2.5 pp
2020 -7 −8.7 pp
2019 1.7 +2.3 pp
2018 -0.6 −0.4 pp
2017 -0.2 +6.8 pp
2016 -7 +0 pp
2015 -7 +0.1 pp
2014 -7.1 −2 pp
2013 -5.1 −0.5 pp
2012 -4.6 −0.1 pp
2011 -4.5 −2.8 pp
2010 -1.7 +0.9 pp
2009 -2.6 −2 pp
2008 -0.6 +1.2 pp
2007 -1.8 +0.1 pp
2006 -1.9 −0.2 pp
2005 -1.7 −2.3 pp
2004 0.6 −0.8 pp
2003 1.4 +1.7 pp
2002 -0.3 +0.4 pp
2001 -0.7 +2.7 pp
2000 -3.4 −1.6 pp
1999 -1.8 +1.5 pp
1998 -3.3 −2.3 pp
1997 -1 +2.3 pp
1996 -3.3 −0.3 pp
1995 -3 +2.4 pp
1994 -5.4 +3.1 pp
1993 -8.5 −6.2 pp
1992 -2.3 +1.2 pp
1991 -3.5 −1.9 pp
1990 -1.6 +0.6 pp
1989 -2.2

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.