Bank or similar financial institution account, poorest 40% in Togo

Togo: Bank or similar financial institution account, poorest 40% was 23.0% in 2024. ▲ Rising

Latest (2024)
23.0%
Change on year
up 20.5%
World rank
89th
of 102 countries
All-time high
24.7%
in 2017
All-time low
6.0%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Togo, 2011–2024

5101520252011201720242011: 6 % age 15+2014: 7.6 % age 15+2017: 24.7 % age 15+2021: 19.1 % age 15+2024: 23 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

Togo recorded 23.0% for bank or similar financial institution account, poorest 40% in 2024.

That represents a change of up 20.5% on the previous year and up 202.1% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Togo peaked at 24.7% in 2017 and was at its lowest, 6.0%, in 2011.

Togo ranks 89th of 102 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, poorest 40% in Togo, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Togo, 2011 to 2024.
Year % age 15+ Change
2011 6.0%
2014 7.6% +28.0%
2017 24.7% +224.1%
2021 19.1% -22.6%
2024 23.0% +20.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 12.8% 6.0% 24.7% 3
2020s 21.1% 19.1% 23.0% 2

Countries ranked near Togo

  1. 86 Philippines 24.5% compare
  2. 87 El Salvador 24.4% compare
  3. 88 Uganda 23.3% compare
  4. 90 Ghana 22.7% compare
  5. 91 Gabon 18.3% compare
  6. 92 Iraq 18.3% compare

See the full ranking of 114 places →

More reference data data for Togo

All data for Togo →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Togo?
Bank or similar financial institution account, poorest 40% in Togo was 23.0% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Togo?
The highest recorded value was 24.7% in 2017.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Togo?
The lowest recorded value was 6.0% in 2011.
How does Togo rank for bank or similar financial institution account, poorest 40%?
Togo ranks 89th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Togo?
Over the last ten years it is up 202.1%. The long-run trend across the full record is rising.
Where does this Togo data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Togo. Statizoid. Retrieved 11 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/togo/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed