Togo Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Togo's credit to gdp was 25.24% in 2025, ranked 113th globally. This represents a 0.4% decrease from 2024. Data from World Bank, covering 1962–2025.
Overview
Togo's credit to gdp stood at 25.24% in 2025, a decline of +0.11% from 2024. Based on recent trends, this figure is projected to reach 25.24% by 2025. Togo ranked 113th globally.
Togo’s credit to GDP ratio has risen steadily over the 64‑year series, moving from a low of 4.84 in 1965 to a recent 25.24 in 2025, placing the country at 113th in the global ranking. The ratio reached its all‑time high of 30.42 in 2016 before moderating to the current level, reflecting a pattern of expanding domestic financing capacity tempered by periodic fiscal consolidation. Compared with peers of similar rank, Togo’s figure sits just below Latvia’s 26.98 and Lesotho’s 26.23, yet remains above Azerbaijan’s 23.63 and Mali’s 23.33, suggesting a moderate but competitive credit environment in the lower‑middle tier of worldwide economies. The upward trajectory since the 1960s indicates that continued improvements in financial market depth and prudent debt management could sustain higher credit levels, while any sharp external shocks or fiscal imbalances would likely reverse the trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 24.58% | - | - |
| 2026* trend | 24.91% | - | - |
| 2025* trend | 25.24% | - | - |
| 2025 | 25.24% | −0.11% | #113 |
| 2024 | 25.35% | −0.70% | #27 |
| 2023 | 26.04% | −0.53% | #44 |
| 2022 | 26.57% | +0.36% | #49 |
| 2021 | 26.22% | −0.68% | #49 |
| 2020 | 26.89% | −0.70% | #52 |
| 2019 | 27.59% | −0.21% | #59 |
| 2018 | 27.81% | −1.83% | #61 |
| 2017 | 29.64% | −0.78% | #61 |
| 2016 | 30.42% | +1.24% | #58 |
| 2015 | 29.18% | +3.70% | #58 |
| 2014 | 25.48% | −1.77% | #53 |
| 2013 | 27.25% | +5.37% | #59 |
| 2012 | 21.88% | +1.79% | #51 |
| 2011 | 20.09% | +4.37% | #47 |
Analysis
Togo's credit to gdp was 25.24% in 2025, a decline of −0.11% from 2024. Based on trends, estimated 25.24% by 2025.
Frequently Asked Questions
Togo's credit to gdp was 25.24% in 2025. Ranked 113th globally. This represents a 0.4% decrease from the previous year.
Togo's credit to gdp peaked at 30.42% in 2016.
The lowest credit to gdp in Togo was 4.84% in 1965.
Togo ranks 113th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Togo's credit to gdp is projected to reach 25.24% by 2025 based on trend extrapolation.
The credit to gdp of Togo in 2025 was 25.24%. This ranks 113th in the world.
Cite this page
@misc{historysaid_togo_credit-to-gdp,
title = {Togo Credit to GDP},
url = {https://historysaid.com/togo/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}