Togo: Savings, percent of GDP

The latest value from 2020 is 19.53 percent, an increase from 17.8 percent in 2019. In comparison, the world average is 21.34 percent, based on data from 158 countries. Historically, the average for Togo from 1974 to 2020 is 19.57 percent. The minimum value, 4.23 percent, was reached in 1993 while the maximum of 39.45 percent was recorded in 1974. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in Togo and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.