Togo Deposit Rate
Deposit interest rate FR.INR.DPST
Togo's deposit rate was 6.49% in 2017, ranked 110th globally. This represents a 6.3% decrease from 2016. Data from World Bank, covering 2005–2017.
Overview
Togo's deposit rate stood at 6.49% in 2017, a decline of +0.44pp from 2016. Togo ranked 110th globally.
Togo’s deposit rate has slipped from an early‑year level of 7.61 % in 2005 to 6.49 % in 2017, placing the country at rank 110 worldwide in the most recent year. The rate reached its all‑time high of 8.58 % in 2009 before descending to the current trough, also recorded by peers such as Senegal (6.49 %) and Niger (6.49 %). Over the 13‑year coverage period the downward trajectory reflects tighter monetary conditions and a modest contraction in domestic savings incentives, while the persistence of a sub‑7 % rate suggests limited scope for further cuts without risking deposit outflows. Compared with Indonesia’s slightly higher 6.52 % and Belarus’s 7.00 %, Togo remains at the lower end of the regional spectrum. If inflation pressures ease and the central bank adopts a more accommodative stance, the deposit rate could stabilise or modestly rise, altering the current declining path.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2017 | 6.49% | −0.44pp | #110 |
| 2016 | 6.93% | −0.07pp | #109 |
| 2015 | 7.00% | −0.26pp | #112 |
| 2014 | 7.26% | −0.40pp | #112 |
| 2013 | 7.65% | −0.34pp | #115 |
| 2012 | 7.99% | −0.51pp | #113 |
| 2011 | 8.50% | +0.11pp | #116 |
| 2010 | 8.39% | −0.19pp | #115 |
| 2009 | 8.58% | +0.46pp | #106 |
| 2008 | 8.12% | +0.31pp | #99 |
| 2007 | 7.81% | −0.01pp | #100 |
| 2006 | 7.82% | +0.21pp | #104 |
| 2005 | 7.61% | – | #102 |
Analysis
Togo's deposit rate was 6.49% in 2017, a decline of −0.44pp from 2016.
Frequently Asked Questions
Togo's deposit rate was 6.49% in 2017. Ranked 110th globally. This represents a 6.3% decrease from the previous year.
Togo's deposit rate peaked at 8.58% in 2009.
The lowest deposit rate in Togo was 6.49% in 2017.
Togo ranks 110th globally in deposit rate as of 2017.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Togo in 2017 was 6.49%. This ranks 110th in the world.
Cite this page
@misc{historysaid_togo_deposit-rate,
title = {Togo Deposit Rate},
url = {https://historysaid.com/togo/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}