Togo - Gross savings (% of GDP)

Gross savings (% of GDP) in Togo was 22.52 as of 2020. Its highest value over the past 46 years was 60.37 in 1974, while its lowest value was 2.76 in 1993.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1974 60.37
1975 23.26
1976 31.04
1977 27.06
1978 43.40
1979 29.44
1980 27.23
1981 19.80
1982 16.14
1983 22.18
1984 17.73
1985 13.21
1986 13.53
1987 12.70
1988 12.76
1989 12.94
1990 20.95
1991 14.00
1992 10.21
1993 2.76
1994 14.25
1995 16.74
1996 11.90
1997 5.16
1998 6.99
1999 5.28
2000 13.54
2001 11.99
2002 16.15
2003 17.55
2004 17.38
2005 12.63
2006 11.93
2007 11.03
2008 12.89
2009 15.86
2010 15.76
2011 17.91
2012 15.72
2013 16.43
2014 17.89
2015 21.20
2016 14.73
2017 17.06
2018 15.51
2019 19.78
2020 22.52

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts