Togo: Financial markets development, access

* indicates monthly or quarterly data series
 Togo

Financial markets development, access

 Latest value 0.028
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.014
 Min - Max 0.007 - 0.032
 Source International Monetary Fund
The latest value from 2021 is 0.028 index points, a decline from 0.03 index points in 2020. In comparison, the world average is 0.361 index points, based on data from 114 countries. Historically, the average for Togo from 1980 to 2021 is 0.014 index points. The minimum value, 0.007 index points, was reached in 1985 while the maximum of 0.032 index points was recorded in 2017. 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 - Financial markets development, access - Recent values chart

Historical series
Togo - Financial markets development, access - historical chart - 1980-2021




Definition: Measures access to the financial markets using principal components methodology with these variables: Percent of market capitalization outside of top 10 largest companies and Total number of issuers of debt (domestic and external, nonfinancial and financial corporations). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.178 2021 index points
 Financial institutions development 0.249 2021 index points
 Financial institutions development, depth 0.098 2021 index points
 Financial institutions development, access 0.095 2021 index points
 Financial institutions development, efficiency 0.613 2021 index points
 Financial markets development 0.099 2021 index points
 Financial markets development, depth 0.237 2021 index points
 Financial markets development, access 0.028 2021 index points
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