Togo: Liquid assets to deposits

The latest value from 2019 is 18.43 percent, a decline from 20.93 percent in 2018. In comparison, the world average is 36.53 percent, based on data from 150 countries. Historically, the average for Togo from 2002 to 2019 is 30.52 percent. The minimum value, 13.87 percent, was reached in 2014 while the maximum of 52.75 percent was recorded in 2005. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The ratio of the value of liquid assets (easily converted to cash) to short-term funding plus total deposits. Liquid assets include cash and due from banks, trading securities and at fair value through income, loans and advances to banks, reverse repos and cash collaterals. Deposits and short term funding includes total customer deposits (current, savings and term) and short term borrowing (money market instruments, CDs and other deposits).