Togo: Banking system z-scores

The latest value from 2019 is 9.57 index points, an increase from 8.89 index points in 2018. In comparison, the world average is 17.79 index points, based on data from 160 countries. Historically, the average for Togo from 2005 to 2019 is 10.72 index points. The minimum value, 5.29 index points, was reached in 2015 while the maximum of 13.72 index points was recorded in 2005. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The index captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.