Bank assets as a share of GDP fell 7.59% to 79.3% in Togo in 2015, according to the National Central Bank.
Historically, bank assets as a share of GDP in Togo reached an all time high of 85.8% in 2014 and an all time low of 10.4% in 1971. When compared to Togo's main peers, bank assets as a share of GDP in Benin amounted to 69.1%, 61.7% in Burkina Faso, 46.3% in Ghana and 30.3% in Nigeria in 2015.
Togo has been ranked 80th within the group of 149 countries we follow in terms of bank assets as a share of GDP, 21 places above the position seen 10 years ago.
Bank Assets (As % of GDP) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Benin | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
Burkina Faso | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
Cameroon | % | 25.4% | 25.2% | 27.2% | 29.3% | 31.7% | ||||||||||||||||
Chad | % | 20.1% | 18.5% | 19.5% | 21.4% | 25.4% | ||||||||||||||||
Ghana | % | 45.8% | 34.8% | 36.6% | 38.1% | 39.2% | ||||||||||||||||
Ivory Coast | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
Mali | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
Niger | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
Nigeria | % | 27.9% | 27.1% | 27.6% | 33.1% | 33.5% | ... | |||||||||||||||
Togo | % | ... | ... | ... | ... | ... | ... | ... | ... |