Togo Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Togo's current account balance was -1.80% in 2025, ranked 93rd globally. This represents a 43.5% increase from 2024. Data from World Bank, covering 1974–2025.
Overview
Togo's current account balance stood at -1.80% in 2025, a rise of +1.39% from 2024. The IMF projects -1.80% by 2025. Togo ranked 93rd globally.
Togo’s current‑account balance has been persistently negative since the late 1970s, reflecting a structural reliance on imports that outpaces export earnings and primary‑income receipts. After a brief surplus of 16.65 in 1974, the balance plunged to a trough of –18.67 in 1978 and has since hovered in deficit, reaching –1.80 in 2025, which places the country at 93rd position globally. The 2025 figure is closely aligned with Belarus (–1.79) and Australia (–1.85), indicating that Togo’s external position is comparable to economies with diversified trade structures but still modest surpluses. Over the 52‑year series, the persistent deficit underscores limited export diversification and vulnerability to commodity price swings, while modest improvements in recent years suggest incremental gains in export competitiveness or remittance inflows. Continued investment in value‑added production and regional trade integration could gradually narrow the gap, steering the current‑account balance toward a more sustainable position.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 0.23% | - | - |
| 2029* IMF | -0.17% | - | - |
| 2028* IMF | -0.31% | - | - |
| 2027* IMF | -0.34% | - | - |
| 2026* IMF | -0.59% | - | - |
| 2025* IMF | -1.80% | - | - |
| 2025 | -1.80% | +1.39% | #93 |
| 2024 | -3.18% | +0.85% | #70 |
| 2023 | -4.03% | −0.54% | #58 |
| 2022 | -3.49% | −1.25% | #89 |
| 2021 | -2.24% | −1.96% | #95 |
| 2020 | -0.28% | +0.52% | #119 |
| 2019 | -0.79% | +1.84% | #114 |
| 2018 | -2.63% | −1.12% | #100 |
| 2017 | -1.51% | +5.68% | #108 |
| 2016 | -7.19% | +0.28% | #48 |
| 2015 | -8.01% | −1.45% | #47 |
| 2014 | -7.17% | +1.54% | #45 |
| 2013 | -9.44% | −4.73% | #44 |
| 2012 | -5.43% | −0.53% | #75 |
| 2011 | -5.57% | −1.95% | #75 |
Analysis
Togo's current account balance was -1.80% in 2025, a rise of +1.39% from 2024. IMF projects -1.80% by 2025.
Frequently Asked Questions
Togo's current account balance was -1.80% in 2025. Ranked 93rd globally. This represents a 43.5% increase from the previous year.
Togo's current account balance peaked at 16.65% in 1974.
The lowest current account balance in Togo was -18.67% in 1978.
Togo ranks 93rd globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Togo's current account balance is projected to reach -1.80% by 2025 based on IMF projection.
The current account balance of Togo in 2025 was -1.80%. This ranks 93rd in the world.
Cite this page
@misc{historysaid_togo_current-account,
title = {Togo Current Account Balance},
url = {https://historysaid.com/togo/current-account/},
publisher = {HistorySaid},
year = {2026}
}