Togo Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Togo's gross savings was 23.78% in 2025, ranked 64th globally. This represents a 0.5% increase from 2024. Data from World Bank, covering 1974–2025.
Overview
Togo's gross savings stood at 23.78% in 2025, a rise of +0.12% from 2024. The IMF projects 23.78% by 2025. Togo ranked 64th globally.
Togo’s gross savings ratio has fallen sharply from an all‑time peak of 39.45 % in 1974 to a historic low of 4.23 % in 1993, before stabilising at 23.77 % in 2025, placing the country 64th in the world. Over the 52‑year series the decline reflects periods of fiscal strain, external debt pressures and limited domestic capital formation, while the modest rebound since the mid‑1990s coincides with modest macro‑economic reforms and gradual improvement in current‑account balances. The 2025 figure is virtually identical to Ecuador’s 23.76 % and only marginally below Iceland’s 23.92 %, suggesting that Togo now shares a savings profile with middle‑income economies that balance modest investment needs with limited financial depth. Nevertheless, the ratio remains well below the regional average for West Africa, indicating that further enhancements in domestic resource mobilisation, financial sector development and public‑investment efficiency are required to lift savings above the current plateau and sustain a more robust growth trajectory.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 27.53% | - | - |
| 2029* IMF | 26.65% | - | - |
| 2028* IMF | 25.78% | - | - |
| 2027* IMF | 24.83% | - | - |
| 2026* IMF | 23.65% | - | - |
| 2025* IMF | 23.78% | - | - |
| 2025 | 23.78% | +0.12% | #64 |
| 2024 | 23.65% | −0.30% | #80 |
| 2023 | 23.96% | +1.51% | #81 |
| 2022 | 22.45% | +1.27% | #91 |
| 2021 | 21.18% | +0.10% | #99 |
| 2020 | 19.53% | +1.72% | #109 |
| 2019 | 17.80% | +1.29% | #131 |
| 2018 | 16.50% | +1.18% | #131 |
| 2017 | 15.58% | +2.61% | #140 |
| 2016 | 13.52% | −4.20% | #148 |
| 2015 | 17.43% | +1.61% | #122 |
| 2014 | 15.47% | +2.07% | #130 |
| 2013 | 12.97% | −0.02% | #144 |
| 2012 | 12.55% | −2.46% | #146 |
| 2011 | 14.47% | +2.25% | #138 |
Analysis
Togo's gross savings was 23.78% in 2025, a rise of +0.12% from 2024. IMF projects 23.78% by 2025.
Frequently Asked Questions
Togo's gross savings was 23.78% in 2025. Ranked 64th globally. This represents a 0.5% increase from the previous year.
Togo's gross savings peaked at 39.45% in 1974.
The lowest gross savings in Togo was 4.23% in 1993.
Togo ranks 64th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Togo's gross savings is projected to reach 23.78% by 2025 based on IMF projection.
The gross savings of Togo in 2025 was 23.78%. This ranks 64th in the world.
Cite this page
@misc{historysaid_togo_gross-savings,
title = {Togo Gross Savings},
url = {https://historysaid.com/togo/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}