Taxes on goods and services (current LCU), per unit of GDP in Ghana
Ghana: Taxes on goods and services (current LCU), per unit of GDP was 0.5497 current LCU per US$ of GDP in 2023. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Ghana, 1990–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Ghana is 0.5497 current LCU per US$ of GDP, measured in 2023. That is the highest value across all 27 years on record.
That represents a change of up 29.4% on the previous year and up 614.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Ghana peaked at 0.5497 current LCU per US$ of GDP in 2023 and was at its lowest, 0.0012 current LCU per US$ of GDP, in 1990.
That places Ghana 87th out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Ghana, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0012 current LCU per US$ of GDP | — |
| 1991 | 0.0021 current LCU per US$ of GDP | +71.4% |
| 1992 | 0.002 current LCU per US$ of GDP | -3.8% |
| 1993 | 0.0037 current LCU per US$ of GDP | +86.0% |
| 2001 | 0.0265 current LCU per US$ of GDP | +610.2% |
| 2002 | 0.035 current LCU per US$ of GDP | +32.0% |
| 2003 | 0.072 current LCU per US$ of GDP | +105.7% |
| 2004 | 0.0981 current LCU per US$ of GDP | +36.2% |
| 2005 | 0.098 current LCU per US$ of GDP | -0.1% |
| 2006 | 0.0572 current LCU per US$ of GDP | -41.6% |
| 2007 | 0.0624 current LCU per US$ of GDP | +9.0% |
| 2008 | 0.065 current LCU per US$ of GDP | +4.2% |
| 2009 | 0.0766 current LCU per US$ of GDP | +17.9% |
| 2010 | 0.0757 current LCU per US$ of GDP | -1.3% |
| 2011 | 0.0902 current LCU per US$ of GDP | +19.2% |
| 2012 | 0.1021 current LCU per US$ of GDP | +13.1% |
| 2013 | 0.0769 current LCU per US$ of GDP | -24.6% |
| 2014 | 0.1177 current LCU per US$ of GDP | +53.0% |
| 2015 | 0.2008 current LCU per US$ of GDP | +70.6% |
| 2016 | 0.2179 current LCU per US$ of GDP | +8.5% |
| 2017 | 0.221 current LCU per US$ of GDP | +1.4% |
| 2018 | 0.2235 current LCU per US$ of GDP | +1.1% |
| 2019 | 0.2509 current LCU per US$ of GDP | +12.3% |
| 2020 | 0.2541 current LCU per US$ of GDP | +1.3% |
| 2021 | 0.3111 current LCU per US$ of GDP | +22.4% |
| 2022 | 0.4247 current LCU per US$ of GDP | +36.5% |
| 2023 | 0.5497 current LCU per US$ of GDP | +29.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0023 current LCU per US$ of GDP | 0.0012 current LCU per US$ of GDP | 0.0037 current LCU per US$ of GDP | 4 |
| 2000s | 0.0657 current LCU per US$ of GDP | 0.0265 current LCU per US$ of GDP | 0.0981 current LCU per US$ of GDP | 9 |
| 2010s | 0.1577 current LCU per US$ of GDP | 0.0757 current LCU per US$ of GDP | 0.2509 current LCU per US$ of GDP | 10 |
| 2020s | 0.3849 current LCU per US$ of GDP | 0.2541 current LCU per US$ of GDP | 0.5497 current LCU per US$ of GDP | 4 |
Countries ranked near Ghana
- 84 Denmark 0.8297 current LCU per US$ of GDP compare
- 85 Sudan 0.8116 current LCU per US$ of GDP compare
- 86 Botswana 0.5559 current LCU per US$ of GDP compare
- 88 Poland 0.53 current LCU per US$ of GDP compare
- 89 Guatemala 0.5148 current LCU per US$ of GDP compare
- 90 Romania 0.4832 current LCU per US$ of GDP compare
More public sector data for Ghana
- Arms imports 11.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3195 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 37.5 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 7.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0032 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.83 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 268.74 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 35.16 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Ghana?
- Taxes on goods and services (current lcu), per unit of gdp in Ghana was 0.5497 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Ghana?
- The highest recorded value was 0.5497 current LCU per US$ of GDP in 2023.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Ghana?
- The lowest recorded value was 0.0012 current LCU per US$ of GDP in 1990.
- How does Ghana rank for taxes on goods and services (current lcu), per unit of gdp?
- Ghana ranks 87th out of 157 countries with data for 2023.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Ghana?
- Over the last ten years it is up 614.8%. 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 Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.