Togo: Trade openness

* indicates monthly or quarterly data series
 Togo

Trade openness: exports plus imports as percent of GDP

 Latest value 61.43
 Year 2023
 Measure percent
 Data availability 1963 - 2023
 Average 66.88
 Min - Max 42.71 - 118.65
 Source The World Bank
The latest value from 2023 is 61.43 percent, a decline from 65.49 percent in 2022. In comparison, the world average is 95.00 percent, based on data from 154 countries. Historically, the average for Togo from 1963 to 2023 is 66.88 percent. The minimum value, 42.71 percent, was reached in 1993 while the maximum of 118.65 percent was recorded in 1982. 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 - Trade openness - Recent values chart

Historical series
Togo - Trade openness - historical chart - 1963-2023




Definition: Exports plus imports as percent of GDP.

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
 Terms of trade 101.89 2021 percent
 Trade openness 61.43 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 23.91 2023 percent
 Exports, billion dollars 2.19 2023 billion U.S. dollars
 Growth of exports 6.80 2023 percent
 Imports, percent of GDP 37.52 2023 percent
 Imports, billion dollars 3.44 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.37 2023 percent
 Foreign Direct Investment, billion dollars -0.06 2023 billion U.S. dollars
 Portfolio investment inflows, equities -173.93 2020 million dollars (current)
 Current account, percent of GDP -3.60 2023 percent
 Current account, in dollars -0.02 2020 billion U.S. dollars
 Trade balance, percent of GDP -13.62 2023 percent
 Trade balance, in dollars -0.67 2020 billion U.S. dollars
 Remittances, percent of GDP 6.10 2023 percent
 Remittances 559.76 2023 million U.S. dollars
 Net errors and omissions 3.69 2020 million USD
 External debt 37.31 2022 percent
 Short-term external debt 2.97 2023 percent
 Foreign exchange reserves 200.50 11/2022 billion
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