Saved at a bank or similar financial institution in Togo

Togo: Saved at a bank or similar financial institution was 19.9% in 2024. ◆ Volatile

Latest (2024)
19.9%
Change on year
up 70.5%
World rank
37th
of 80 countries
All-time high
19.9%
in 2024
All-time low
3.6%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Togo, 2011–2024

51015202011201720242011: 3.6 % age 15+2014: 6.7 % age 15+2017: 11.8 % age 15+2021: 11.7 % age 15+2024: 19.9 % age 15+

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

Analysis

The most recent figure for saved at a bank or similar financial institution in Togo is 19.9%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 70.5% on the previous year and up 198.1% over ten years.

Over the whole period, saved at a bank or similar financial institution in Togo peaked at 19.9% in 2024 and was at its lowest, 3.6%, in 2011.

That places Togo 37th out of 80 countries with data for 2024, putting it in the middle of the range.

Saved at a bank or similar financial institution in Togo, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Togo, 2011 to 2024.
Year % age 15+ Change
2011 3.6%
2014 6.7% +83.6%
2017 11.8% +76.7%
2021 11.7% -1.1%
2024 19.9% +70.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.4% 3.6% 11.8% 3
2020s 15.8% 11.7% 19.9% 2

Countries ranked near Togo

  1. 34 Nepal 20.3% compare
  2. 35 Kenya 20.1% compare
  3. 36 Venezuela, Bolivarian Republic of 20.0% compare
  4. 38 Georgia 18.7% compare
  5. 39 Mexico 17.2% compare
  6. 40 Azerbaijan 17.0% compare

See the full ranking of 90 places →

More reference data data for Togo

All data for Togo →

Frequently asked questions

What is saved at a bank or similar financial institution in Togo?
Saved at a bank or similar financial institution in Togo was 19.9% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Togo?
The highest recorded value was 19.9% in 2024.
What is the lowest saved at a bank or similar financial institution recorded in Togo?
The lowest recorded value was 3.6% in 2011.
How does Togo rank for saved at a bank or similar financial institution?
Togo ranks 37th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Togo?
Over the last ten years it is up 198.1%. The long-run trend across the full record is volatile.
Where does this Togo data come from?
The figures come from Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)