Private credit by deposit money banks and other financial institutions to GDP (%) in Togo was reported at 39.63 % in 2017, according to the World Bank collection of development indicators, compiled from officially recognized sources. Togo - Private credit by deposit money banks and other financial institutions to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on February of 2020.



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 togo private credit by deposit money banks and other financial institutions to gdp percent wb data


Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)


Togo | Financial Sector