Short-term debt (% of total external debt) in Togo
Togo: Short-term debt (% of total external debt) was 3.4% in 2024. ◆ Volatile
Short-term debt in Togo, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for short-term debt in Togo is 3.4%, measured in 2024.
The figure is up 16.6% on the previous year and down 60.4% over ten years.
Over the whole period, short-term debt in Togo peaked at 16.4% in 2017 and was at its lowest, 0.0%, in 1972.
Togo ranks 92nd of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt (% of total external debt) in Togo, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.8% | +745.7% |
| 1972 | 0.0% | -99.4% |
| 1973 | 0.1% | +1517.3% |
| 1974 | 0.2% | +163.6% |
| 1975 | 0.1% | -61.0% |
| 1976 | 0.2% | +129.5% |
| 1977 | 9.3% | +4607.6% |
| 1978 | 12.5% | +33.5% |
| 1979 | 9.7% | -22.2% |
| 1980 | 10.7% | +10.5% |
| 1981 | 11.4% | +6.5% |
| 1982 | 13.4% | +17.1% |
| 1983 | 7.8% | -41.7% |
| 1984 | 7.9% | +0.9% |
| 1985 | 7.9% | +0.8% |
| 1986 | 8.4% | +5.8% |
| 1987 | 8.2% | -1.6% |
| 1988 | 7.1% | -14.3% |
| 1989 | 13.9% | +97.0% |
| 1990 | 8.8% | -36.6% |
| 1991 | 9.8% | +11.2% |
| 1992 | 10.4% | +6.0% |
| 1993 | 7.5% | -27.6% |
| 1994 | 9.9% | +32.2% |
| 1995 | 5.8% | -42.2% |
| 1996 | 5.9% | +2.8% |
| 1997 | 3.3% | -44.7% |
| 1998 | 3.5% | +7.6% |
| 1999 | 10.0% | +183.9% |
| 2000 | 9.2% | -8.3% |
| 2001 | 10.4% | +13.7% |
| 2002 | 12.5% | +19.4% |
| 2003 | 10.2% | -18.4% |
| 2004 | 10.6% | +4.8% |
| 2005 | 12.9% | +21.2% |
| 2006 | 12.9% | +0.0% |
| 2007 | 15.8% | +22.2% |
| 2008 | 6.6% | -58.3% |
| 2009 | 2.7% | -58.8% |
| 2010 | 3.0% | +10.9% |
| 2011 | 0.9% | -69.9% |
| 2012 | 6.5% | +618.0% |
| 2013 | 9.3% | +43.4% |
| 2014 | 8.6% | -8.0% |
| 2015 | 5.7% | -33.3% |
| 2016 | 4.8% | -16.6% |
| 2017 | 16.4% | +242.5% |
| 2018 | 16.3% | -0.5% |
| 2019 | 16.1% | -1.1% |
| 2020 | 12.5% | -22.7% |
| 2021 | 11.3% | -9.0% |
| 2022 | 5.2% | -54.4% |
| 2023 | 2.9% | -43.7% |
| 2024 | 3.4% | +16.6% |
Togo compared with similar countries
- Togo's 3.4% is below the median for lower middle income countries, which is 9.0%, 38% of the median. (43 countries reporting)
- Togo's 3.4% is below the median for Sub-Saharan Africa, which is 5.2%, 65% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external debt) in Togo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +4607.6% | 0.2% | 9.3% |
| 1973 | +1517.3% | 0.0% | 0.1% |
| 1971 | +745.7% | 0.1% | 0.8% |
| 2012 | +618.0% | 0.9% | 6.5% |
| 2017 | +242.5% | 4.8% | 16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.3% | 0.0% | 12.5% | 10 |
| 1980s | 9.7% | 7.1% | 13.9% | 10 |
| 1990s | 7.5% | 3.3% | 10.4% | 10 |
| 2000s | 10.4% | 2.7% | 15.8% | 10 |
| 2010s | 8.8% | 0.9% | 16.4% | 10 |
| 2020s | 7.1% | 2.9% | 12.5% | 5 |
Countries ranked near Togo
- 89 Democratic Republic of Congo 3.8% compare
- 90 Gambia 3.7% compare
- 91 Maldives 3.4% compare
- 93 Montenegro 2.7% compare
- 94 Uganda 2.5% compare
- 95 Sao Tome and Principe 2.4% compare
More external debt data for Togo
- IFC, private nonguaranteed 31.14 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 3.7 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0029 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -177.46 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IDA 257.16 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 30.59 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0242 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -5.69 million NFL, current US$ (1991)
- Public and publicly guaranteed debt service 4.4% (2020)
Frequently asked questions
- What is short-term debt in Togo?
- Short-term debt in Togo was 3.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Togo?
- The highest recorded value was 16.4% in 2017.
- What is the lowest short-term debt recorded in Togo?
- The lowest recorded value was 0.0% in 1972.
- How does Togo rank for short-term debt?
- Togo ranks 92nd out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Togo?
- Over the last ten years it is down 60.4%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.