Bank loans rose 13.2% to USD 2.16 bil in Togo in 2015, according to the National Central Bank.
Historically, bank loans in Togo reached an all time high of USD 2.16 bil in 2015 and an all time low of USD 0.418 bil in 2005. When compared to Togo's main peers, bank loans in Benin amounted to USD 5.42 bil, USD 6.52 bil in Burkina Faso, USD 7.91 bil in Ghana and USD 65.9 bil in Nigeria in 2015.
Togo has been ranked 114th within the group of 141 countries we follow in terms of bank loans, 13 places below the position seen 10 years ago.
Bank Loans (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Benin | USD bil | ... | ... | ... | ... | 5.42 | ... | ... | ... | ... | ... | ... | ||||||||||
Burkina Faso | USD bil | ... | ... | ... | ... | 6.52 | ... | ... | ... | ... | ... | ... | ||||||||||
Cameroon | USD bil | ... | ... | ... | ... | 5.28 | 5.36 | 6.12 | ... | 6.24 | ... | |||||||||||
Chad | USD bil | ... | ... | ... | ... | 1.09 | 1.14 | 1.29 | 1.24 | 1.29 | ... | |||||||||||
Ghana | USD bil | ... | ... | ... | 7.91 | 8.40 | 8.39 | 7.53 | 8.16 | |||||||||||||
Ivory Coast | USD bil | ... | ... | ... | ... | 9.62 | ... | ... | ... | ... | ... | ... | ||||||||||
Mali | USD bil | ... | ... | ... | ... | 3.81 | ... | ... | ... | ... | ... | ... | ||||||||||
Niger | USD bil | ... | ... | ... | ... | 1.46 | ... | ... | ... | ... | ... | ... | ||||||||||
Nigeria | USD bil | 65.9 | 52.1 | 53.3 | 48.0 | 54.5 | ... | |||||||||||||||
Togo | USD bil | ... | ... | ... | ... | 2.16 | ... | ... | ... | ... | ... | ... |