Revenue, excluding grants (current LCU), annual growth rate in Ghana

Ghana: Revenue, excluding grants (current LCU), annual growth rate was 39.6 % change on previous year in 2023. ◆ Volatile

Latest (2023)
39.6 % change on previous year
Change on year
up 2.5%
World rank
10th
of 156 countries
All-time high
97.14 % change on previous year
in 1993
All-time low
-5.87 % change on previous year
in 1992
Years of data
25
1991–2023

Revenue, excluding grants (current LCU), annual growth rate in Ghana, 1991–2023

02550751001991200720231991: 48 % change on previous year1992: -5.9 % change on previous year1993: 97.1 % change on previous year2002: 27.7 % change on previous year2003: 48.6 % change on previous year2004: 44.9 % change on previous year2005: 21.6 % change on previous year2006: 10.4 % change on previous year2007: 42.7 % change on previous year2008: 30.6 % change on previous year2009: 19.1 % change on previous year2010: 36.2 % change on previous year2011: 50.8 % change on previous year2012: 25.7 % change on previous year2013: 21.6 % change on previous year2014: 27.4 % change on previous year2015: 18.2 % change on previous year2016: 16.6 % change on previous year2017: 22.7 % change on previous year2018: 21.9 % change on previous year2019: 12.7 % change on previous year2020: 2.9 % change on previous year2021: 27.8 % change on previous year2022: 38.6 % change on previous year2023: 39.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for revenue, excluding grants (current lcu), annual growth rate in Ghana is 39.6 % change on previous year, measured in 2023.

The figure is up 2.5% on the previous year and up 83.5% over ten years.

Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Ghana peaked at 97.14 % change on previous year in 1993 and was at its lowest, -5.87 % change on previous year, in 1992.

That places Ghana 10th out of 156 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Revenue, excluding grants (current LCU), annual growth rate in Ghana, year by year

Annual values for Revenue, excluding grants (current LCU), annual growth rate in Ghana, 1991 to 2023.
Year % change on previous year Change
1991 47.96 % change on previous year
1992 -5.87 % change on previous year -112.2%
1993 97.14 % change on previous year -1754.9%
2002 27.66 % change on previous year -71.5%
2003 48.61 % change on previous year +75.7%
2004 44.85 % change on previous year -7.7%
2005 21.63 % change on previous year -51.8%
2006 10.37 % change on previous year -52.1%
2007 42.66 % change on previous year +311.5%
2008 30.56 % change on previous year -28.4%
2009 19.14 % change on previous year -37.4%
2010 36.19 % change on previous year +89.1%
2011 50.78 % change on previous year +40.3%
2012 25.7 % change on previous year -49.4%
2013 21.58 % change on previous year -16.0%
2014 27.38 % change on previous year +26.9%
2015 18.22 % change on previous year -33.5%
2016 16.6 % change on previous year -8.9%
2017 22.73 % change on previous year +36.9%
2018 21.86 % change on previous year -3.8%
2019 12.67 % change on previous year -42.0%
2020 2.89 % change on previous year -77.2%
2021 27.83 % change on previous year +861.9%
2022 38.63 % change on previous year +38.8%
2023 39.6 % change on previous year +2.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 46.41 % change on previous year -5.87 % change on previous year 97.14 % change on previous year 3
2000s 30.68 % change on previous year 10.37 % change on previous year 48.61 % change on previous year 8
2010s 25.37 % change on previous year 12.67 % change on previous year 50.78 % change on previous year 10
2020s 27.24 % change on previous year 2.89 % change on previous year 39.6 % change on previous year 4

Countries ranked near Ghana

  1. 7 Zimbabwe 48.15 % change on previous year compare
  2. 8 Peru 42.93 % change on previous year compare
  3. 9 Maldives 41.81 % change on previous year compare
  4. 11 Lebanon 38.16 % change on previous year compare
  5. 12 Malawi 38.01 % change on previous year compare
  6. 13 Kiribati 36.81 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Ghana

All data for Ghana →

Frequently asked questions

What is revenue, excluding grants (current lcu), annual growth rate in Ghana?
Revenue, excluding grants (current lcu), annual growth rate in Ghana was 39.6 % change on previous year in 2023, according to Statizoid (derived).
What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Ghana?
The highest recorded value was 97.14 % change on previous year in 1993.
What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Ghana?
The lowest recorded value was -5.87 % change on previous year in 1992.
How does Ghana rank for revenue, excluding grants (current lcu), annual growth rate?
Ghana ranks 10th out of 156 countries with data for 2023.
Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Ghana?
Over the last ten years it is up 83.5%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Revenue, excluding grants (current LCU), annual growth rate in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://public-sector.statizoid.com/stat/revenue-excluding-grants-current-lcu-annual-growth-rate/ghana/

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How this figure is calculated

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Revenue, excluding grants (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,444 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.