Togo M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Togo's m2 money supply growth was 7.47% in 2025, ranked 62nd globally. This represents a 13.7% decrease from 2024. Data from World Bank, covering 1963–2025.
Overview
Togo's m2 money supply growth stood at 7.47% in 2025, a decline of +1.18pp from 2024. Based on recent trends, this figure is projected to reach 7.47% by 2025. Togo ranked 62nd globally.
Togo’s M2 money‑supply growth has moderated to 7.47 % in 2025, placing the country 62nd in the world and matching Nepal’s pace while slightly trailing Macao SAR, China’s 7.48 % and the Dominican Republic’s 7.31 % (World Bank). The 63‑year series shows a dramatic swing from an all‑time peak of 91.45 % in 1974, when post‑oil‑shock expansion and liberalised fiscal policies flooded the financial system, to a severe contraction of –18.00 % in 1992 amid structural adjustment programmes and currency devaluation. Since the early 2000s, growth has settled into a narrow band between 5 % and 8 %, reflecting tighter monetary management and a modest expansion of the banking sector. The recent 7.47 % increase suggests a continuation of this stable trajectory, but a shift in fiscal discipline or external shocks could alter the path, potentially prompting a re‑acceleration or a return to lower growth rates.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.18% | - | - |
| 2026* trend | 6.33% | - | - |
| 2025* trend | 7.47% | - | - |
| 2025 | 7.47% | −1.18pp | #62 |
| 2024 | 8.66% | +1.98pp | #48 |
| 2023 | 6.68% | −8.69pp | #56 |
| 2022 | 15.36% | +3.08pp | #105 |
| 2021 | 12.28% | +0.69pp | #81 |
| 2020 | 11.59% | +7.05pp | #59 |
| 2019 | 4.53% | −4.80pp | #39 |
| 2018 | 9.33% | −0.62pp | #99 |
| 2017 | 9.96% | −2.43pp | #95 |
| 2016 | 12.39% | −8.39pp | #111 |
| 2015 | 20.78% | +17.16pp | #140 |
| 2014 | 3.62% | −13.32pp | #23 |
| 2013 | 16.94% | +6.81pp | #120 |
| 2012 | 10.13% | −7.14pp | #78 |
| 2011 | 17.27% | +2.54pp | #113 |
Analysis
Togo's m2 money supply growth was 7.47% in 2025, a decline of −1.18pp from 2024. Based on trends, estimated 7.47% by 2025.
Frequently Asked Questions
Togo's m2 money supply growth was 7.47% in 2025. Ranked 62nd globally. This represents a 13.7% decrease from the previous year.
Togo's m2 money supply growth peaked at 91.45% in 1974.
The lowest m2 money supply growth in Togo was -18.00% in 1992.
Togo ranks 62nd globally in m2 money supply growth as of 2025.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
Togo's m2 money supply growth is projected to reach 7.47% by 2025 based on trend extrapolation.
The m2 money supply growth of Togo in 2025 was 7.47%. This ranks 62nd in the world.
Cite this page
@misc{historysaid_togo_m2-growth,
title = {Togo M2 Money Supply Growth},
url = {https://historysaid.com/togo/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}