Bank loans as a share of GDP rose 15.0% to 52.7% in Togo in 2015, according to the National Central Bank.
Historically, bank loans as a share of GDP in Togo reached an all time high of 52.7% in 2015 and an all time low of 19.3% in 2005. When compared to Togo's main peers, bank loans as a share of GDP in Benin amounted to 66.6%, 63.7% in Burkina Faso, 21.9% in Ghana and 13.6% in Nigeria in 2015.
Togo has been ranked 67th within the group of 144 countries we follow in terms of bank loans as a share of GDP, 12 places above the position seen 10 years ago.
| Bank Loans (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Benin | % | ... | ... | ... | 66.6% | ... | ... | ... | ... | ... | ... | |||||||||||
| Burkina Faso | % | ... | ... | ... | ... | 63.7% | ... | ... | ... | ... | ... | ... | ||||||||||
| Cameroon | % | ... | ... | ... | ... | 17.4% | 17.2% | 16.5% | 16.6% | 15.7% | ... | |||||||||||
| Chad | % | ... | ... | ... | ... | 10.1% | 11.9% | 12.3% | 11.6% | 11.7% | ... | |||||||||||
| Ghana | % | ... | ... | ... | 21.9% | 21.1% | 18.5% | 11.8% | 12.7% | |||||||||||||
| Ivory Coast | % | ... | ... | ... | ... | 29.6% | ... | ... | ... | ... | ... | ... | ||||||||||
| Mali | % | ... | ... | ... | ... | 29.6% | ... | ... | ... | ... | ... | ... | ||||||||||
| Niger | % | ... | ... | ... | ... | 20.6% | ... | ... | ... | ... | ... | ... | ||||||||||
| Nigeria | % | 13.6% | 15.5% | 16.5% | 11.4% | 11.5% | ... | |||||||||||||||
| Togo | % | ... | ... | ... | ... | 52.7% | ... | ... | ... | ... | ... | ... |
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