Togo - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Togo was -9.29 as of 2020. Its highest value over the past 60 years was 37.12 in 1974, while its lowest value was -26.23 in 1979.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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

See also:

Year Value
1960 -0.42
1961 9.02
1962 4.62
1963 -4.40
1964 -0.51
1965 0.87
1966 7.66
1967 10.32
1968 12.92
1969 13.55
1970 10.85
1971 6.94
1972 0.80
1973 0.12
1974 37.12
1975 -10.29
1976 0.78
1977 -10.99
1978 -12.90
1979 -26.23
1980 -5.29
1981 -6.73
1982 -8.52
1983 -1.27
1984 -2.10
1985 -8.70
1986 -11.70
1987 -9.38
1988 -8.94
1989 -9.17
1990 -11.86
1991 -8.09
1992 -9.22
1993 -7.71
1994 -3.71
1995 -4.97
1996 -10.86
1997 -15.83
1998 -13.62
1999 -10.14
2000 -12.23
2001 -14.69
2002 -12.33
2003 -12.61
2004 -15.14
2005 -15.66
2006 -16.26
2007 -17.47
2008 -16.03
2009 -14.66
2010 -15.53
2011 -20.84
2012 -14.00
2013 -19.81
2014 -18.03
2015 -21.97
2016 -13.07
2017 -7.60
2018 -8.80
2019 -8.25
2020 -9.29

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts