Taxes on goods and services in Ghana
Ghana: Taxes on goods and services was 32.6% in 2023. ▲ Rising
Taxes on goods and services in Ghana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on goods and services in Ghana is 32.6%, measured in 2023.
That represents a change of up 0.2% on the previous year and up 24.3% over ten years.
Over the whole period, taxes on goods and services in Ghana peaked at 37.9% in 2016 and was at its lowest, 14.8%, in 2001.
Ghana ranks 69th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Taxes on goods and services in Ghana, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 26.8% | — |
| 1991 | 35.3% | +31.5% |
| 1992 | 35.2% | -0.4% |
| 1993 | 30.8% | -12.5% |
| 2001 | 14.8% | -51.9% |
| 2002 | 20.9% | +41.3% |
| 2003 | 33.5% | +60.2% |
| 2004 | 34.9% | +4.2% |
| 2005 | 35.9% | +2.8% |
| 2006 | 36.6% | +1.8% |
| 2007 | 33.8% | -7.4% |
| 2008 | 33.1% | -2.2% |
| 2009 | 29.3% | -11.3% |
| 2010 | 27.5% | -6.3% |
| 2011 | 27.4% | -0.3% |
| 2012 | 26.8% | -2.4% |
| 2013 | 26.2% | -2.2% |
| 2014 | 27.5% | +5.1% |
| 2015 | 33.8% | +22.8% |
| 2016 | 37.9% | +12.2% |
| 2017 | 33.6% | -11.4% |
| 2018 | 31.6% | -6.1% |
| 2019 | 32.1% | +1.8% |
| 2020 | 32.3% | +0.4% |
| 2021 | 35.3% | +9.3% |
| 2022 | 32.5% | -8.0% |
| 2023 | 32.6% | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.0% | 26.8% | 35.3% | 4 |
| 2000s | 30.3% | 14.8% | 36.6% | 9 |
| 2010s | 30.5% | 26.2% | 37.9% | 10 |
| 2020s | 33.1% | 32.3% | 35.3% | 4 |
Countries ranked near Ghana
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 in Ghana?
- Taxes on goods and services in Ghana was 32.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Ghana?
- The highest recorded value was 37.9% in 2016.
- What is the lowest taxes on goods and services recorded in Ghana?
- The lowest recorded value was 14.8% in 2001.
- How does Ghana rank for taxes on goods and services?
- Ghana ranks 69th out of 156 countries with data for 2023.
- Is taxes on goods and services rising or falling in Ghana?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.