Togo: Savings, percent of GDP

* indicates monthly or quarterly data series
 Togo

Savings as percent of GDP

 Latest value 21.05
 Year 2020
 Measure percent
 Data availability 1974 - 2020
 Average 19.48
 Min - Max 4.23 - 39.45
 Source The World Bank
The latest value from 2020 is 21.05 percent, an increase from 17.81 percent in 2019. In comparison, the world average is 21.67 percent, based on data from 154 countries. Historically, the average for Togo from 1974 to 2020 is 19.48 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.
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* indicates monthly or quarterly data series


Recent data
Togo - Savings, percent of GDP - Recent values chart

Historical series
Togo - Savings, percent of GDP - historical chart - 1974-2020




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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Share of industry 20.17 2023 percent
 Share of manufacturing 12.69 2023 percent
 Share of services 51.73 2023 percent
 Industry value added 1.85 2023 billion U.S. dollars
 Manufacturing value added 1.16 2023 billion U.S. dollars
 Services value added 4.74 2023 billion U.S. dollars
 Savings, percent of GDP 21.05 2020 percent
 Savings, in dollars 1.56 2020 billion U.S. dollars
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