Togo: Firms using credit to finance investment
* indicates monthly or quarterly data series
| Togo |
Firms using bank credit to finance investment, percent of all firms |
|---|---|
| Latest value | 25.70 |
| Year | 2016 |
| Measure | percent |
| Data availability | 2009 - 2016 |
| Average | 21.30 |
| Min - Max | 16.90 - 25.70 |
| Source | The World Bank |
The latest value from 2016 is 25.7 percent, an increase from 16.9 percent in 2009. In comparison, the world average is 24.46 percent, based on data from 18 countries. Historically, the average for Togo from 2009 to 2016 is 21.3 percent. The minimum value, 16.9 percent, was reached in 2009 while the maximum of 25.7 percent was recorded in 2016.
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* indicates monthly or quarterly data series
Recent data
Definition: Percentage of firms using banks to finance purchases of fixed assets.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 6.94 | 2021 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 239.75 | 2020 | bank accounts |
| Bank branches per 100,000 people | 5.53 | 2020 | bank branches |
| Firms using credit to finance investment | 25.70 | 2016 | percent |
| Small firms with bank credit | 41.90 | 2016 | percent |
| Percent people with credit cards | 1.52 | 2021 | percent |
| Percent people with debit cards | 7.00 | 2021 | percent |
| Domestic credit to the private sector | 26.58 | 2020 | percent |
| Bank credit to the private sector | 27.83 | 2023 | percent |
| Liquid liabilities, percent of GDP | 47.56 | 2021 | percent |
| Bank assets to GDP | 39.87 | 2021 | percent |
| Financial system deposits, percent of GDP | 40.62 | 2021 | percent |
| Bank credit to government | 18.87 | 2020 | percent |
| Banking system concentration | 62.41 | 2019 | percent |
| Foreign bank assets | 0.00 | 2012 | percent of total bank assets |
| Percent people with bank accounts | 24.90 | 2021 | percent |