Bank assets as a share of GDP reached 79.6 % in 2015 in Togo, according to the National Central Bank. This is 6.51 % less than in the previous year.
Historically, bank assets as a share of GDP in Togo reached an all time high of 85.2 % in 2014 and an all time low of 10.4 % in 1971. When compared to Togo's main peers, bank assets as a share of GDP in Benin amounted to 69.1 %, 57.7 % in Burkina Faso, 46.3 % in Ghana and 30.3 % in Nigeria in 2015.
Togo has been ranked 76th within the group of 147 countries we follow in terms of bank assets as a share of GDP, 20 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.