Bank or similar financial institution account in Togo

Togo: Bank or similar financial institution account was 32.4% in 2024. ▲ Rising

Latest (2024)
32.4%
Change on year
up 30.3%
World rank
93rd
of 115 countries
All-time high
34.1%
in 2017
All-time low
10.2%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account in Togo, 2011–2024

1015202530352011201720242011: 10.2 % age 15+2014: 17.6 % age 15+2017: 34.1 % age 15+2021: 24.9 % age 15+2024: 32.4 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Togo recorded 32.4% for bank or similar financial institution account in 2024.

That represents a change of up 30.3% on the previous year and up 84.2% over ten years.

Over the whole period, bank or similar financial institution account in Togo peaked at 34.1% in 2017 and was at its lowest, 10.2%, in 2011.

Togo ranks 93rd of 115 countries on this measure, in the bottom quarter.

Bank or similar financial institution account in Togo, year by year

Annual values for Bank or similar financial institution account (% age 15+) in Togo, 2011 to 2024.
Year % age 15+ Change
2011 10.2%
2014 17.6% +72.9%
2017 34.1% +93.4%
2021 24.9% -26.9%
2024 32.4% +30.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20.6% 10.2% 34.1% 3
2020s 28.7% 24.9% 32.4% 2

Countries ranked near Togo

  1. 90 Egypt 35.3% compare
  2. 91 Philippines 33.5% compare
  3. 92 Bangladesh 32.9% compare
  4. 94 Iraq 28.3% compare
  5. 95 Mauritania 27.3% compare
  6. 96 Uganda 26.2% compare

See the full ranking of 127 places →

More reference data data for Togo

All data for Togo →

Frequently asked questions

What is bank or similar financial institution account in Togo?
Bank or similar financial institution account in Togo was 32.4% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Togo?
The highest recorded value was 34.1% in 2017.
What is the lowest bank or similar financial institution account recorded in Togo?
The lowest recorded value was 10.2% in 2011.
How does Togo rank for bank or similar financial institution account?
Togo ranks 93rd out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Togo?
Over the last ten years it is up 84.2%. The long-run trend across the full record is rising.
Where does this Togo data come from?
The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account in Togo. Statizoid, drawing on Global Findex Database. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/togo/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)