Togo - Broad money (% of GDP)

Broad money (% of GDP) in Togo was 46.18 as of 2020. Its highest value over the past 58 years was 51.68 in 2015, while its lowest value was 11.09 in 1966.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1962 11.36
1963 11.11
1964 11.13
1965 11.87
1966 11.09
1967 12.23
1968 14.30
1969 16.51
1970 18.06
1971 17.89
1972 16.43
1973 17.57
1974 22.59
1975 21.37
1976 27.85
1977 25.17
1978 34.92
1979 35.07
1980 30.22
1981 38.46
1982 43.40
1983 40.36
1984 43.36
1985 41.81
1986 45.04
1987 43.64
1988 35.14
1989 33.81
1990 36.05
1991 36.47
1992 30.17
1993 32.44
1994 29.96
1995 30.58
1996 24.97
1997 22.52
1998 21.06
1999 22.02
2000 23.27
2001 20.65
2002 18.43
2003 20.14
2004 24.61
2005 25.01
2006 30.34
2007 32.35
2008 34.73
2009 37.06
2010 39.83
2011 43.43
2012 44.14
2013 47.82
2014 46.82
2015 51.68
2016 40.17
2017 42.51
2018 43.69
2019 42.65
2020 46.18

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)