Bank Borrowers Statistics in Togo (2026)
As of 2022, commercial bank borrowers in Togo was 30.4 per 1,000 adults, per World Bank World Development Indicators data. Down from 32.9 per 1,000 adults in 2021 to 30.4 per 1,000 adults in 2022. Togo ranks #24 of 33 economies in Sub-Saharan Africa on this measure, and #89 of 101 globally.
Key Statistics
- Latest value (2022)
- 30.4 per 1,000 adults (2022)
- Bank Borrowers in Togo as of 2022, the most recent observation in World Bank World Development Indicators data.
- Change since 2021
- −7.6% (2022)
- Down from 32.9 per 1,000 adults in 2021 to 30.4 per 1,000 adults in 2022.
- CAGR 2019–2022
- −3.4% per year (2022)
- Compound annual growth rate from 33.6 per 1,000 adults in 2019 to 30.4 per 1,000 adults in 2022.
- Earliest value in this dataset (2019)
- 33.6 per 1,000 adults (2019)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 33.6 per 1,000 adults in 2019 to 30.4 per 1,000 adults in 2022.
- Peak value (2020)
- 34.1 per 1,000 adults (2020)
- Highest value in the available series; the 2022 value is 30.4 per 1,000 adults.
- Rank in Sub-Saharan Africa
- #24 of 33 (2022)
- Togo ranks 24 of 33 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #89 of 101 (2022)
- Togo ranks 89 of 101 countries with data globally.
- Sub-Saharan Africa average
- 91.3 per 1,000 adults (2022)
- Togo (30.4 per 1,000 adults) is below the average of 91.3 per 1,000 adults across the 33 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 26.5 per 1,000 adults (2026)
- Projection based on 3-year trend (CAGR -3.4%); not an official figure.
- Number of borrowers from commercial banks per 1,000 adults (2024)
- 37.2 per 1,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Togo (2024)
- 39.5% (2024)
- 39.5% of the population in Togo used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 9.5 million (2024)
- Togo had a population of 9.5 million in 2024 (World Bank); shown for scale only.
Trend, 2019–2022
| Year | per 1,000 adults | Change |
|---|---|---|
| 2022 | 30.4 | −7.6% |
| 2021 | 32.9 | −3.7% |
| 2020 | 34.1 | +1.4% |
| 2019 | 33.6 | — |
Frequently asked questions
What is the latest figure for commercial bank borrowers in Togo?
Commercial bank borrowers in Togo stood at 30.4 per 1,000 adults in 2022, according to World Bank World Development Indicators data.
What could bank borrowers in Togo look like in 2026?
A trend-based projection puts it at 26.5 per 1,000 adults in 2026. Projection based on 3-year trend (CAGR -3.4%); not an official figure.
When did bank borrowers in Togo peak?
The highest value in the available series was 34.1 per 1,000 adults in 2020; the latest (2022) value is 30.4 per 1,000 adults.
How recent is the bank borrowers data for Togo?
The most recent observation is from 2022. World Bank World Development Indicators data is reported with a lag, so 2022 is the latest available year for Togo.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.BRWR.P3, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .