Togo Current Account to GDP

Togo recorded a Current Account deficit of 11.70 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Togo averaged -8.14 Percent from 1974 until 2013, reaching an all time high of 23.49 Percent in 1974 and a record low of -26.37 Percent in 1978. Current Account to GDP in Togo is reported by the Central Bank of West African States (BCEAO).

   
 
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Togo Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-11.70 -11.90 23.49 -26.37 1974 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Togo Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -48.49 -111.10 80.73 -111.10 CFA Franc Billion [+]
Exports 23.69 112.11 119.05 3.50 CFA Franc Billion [+]
Imports 72.18 223.21 223.21 13.30 CFA Franc Billion [+]
Current Account -176.67 -199.71 131.78 -221.96 USD Million [+]
Current Account to GDP -11.70 -11.90 23.49 -26.37 Percent [+]





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