Taxes on goods and services (% value added of industry and services) in Ghana
Ghana: Taxes on goods and services (% value added of industry and services) was 6.9% in 2023. ▼ Falling
Taxes on goods and services in Ghana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
Ghana recorded 6.9% for taxes on goods and services in 2023.
That represents a change of down 0.1% on the previous year and up 32.2% over ten years.
Over the whole period, taxes on goods and services in Ghana peaked at 20.4% in 2004 and was at its lowest, 5.2%, in 2013.
Ghana ranks 111th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Taxes on goods and services (% value added of industry and services) in Ghana, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1990 | 6.8% | — |
| 1991 | 10.4% | +52.9% |
| 1992 | 8.4% | -19.7% |
| 1993 | 11.0% | +31.2% |
| 2001 | 6.8% | -38.1% |
| 2002 | 8.1% | +19.1% |
| 2003 | 15.3% | +88.8% |
| 2004 | 20.4% | +33.4% |
| 2005 | 20.0% | -1.9% |
| 2006 | 9.6% | -51.9% |
| 2007 | 10.0% | +4.0% |
| 2008 | 9.4% | -6.1% |
| 2009 | 8.2% | -12.8% |
| 2010 | 8.0% | -2.6% |
| 2011 | 8.5% | +6.5% |
| 2012 | 7.5% | -12.1% |
| 2013 | 5.2% | -30.5% |
| 2014 | 5.7% | +9.4% |
| 2015 | 7.6% | +32.8% |
| 2016 | 7.8% | +3.0% |
| 2017 | 6.9% | -11.1% |
| 2018 | 6.5% | -5.9% |
| 2019 | 6.3% | -3.0% |
| 2020 | 6.0% | -4.1% |
| 2021 | 7.3% | +20.2% |
| 2022 | 6.9% | -5.3% |
| 2023 | 6.9% | -0.1% |
Ghana compared with similar countries
- Ghana's 6.9% is below the median for lower middle income countries, which is 8.7%, 79% of the median. (37 countries reporting)
- Ghana's 6.9% is below the median for Sub-Saharan Africa, which is 8.2%, 83% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (% value added of industry and services) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +88.8% | 8.1% | 15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.2% | 6.8% | 11.0% | 4 |
| 2000s | 12.0% | 6.8% | 20.4% | 9 |
| 2010s | 7.0% | 5.2% | 8.5% | 10 |
| 2020s | 6.8% | 6.0% | 7.3% | 4 |
Countries ranked near Ghana
More public sector data for Ghana
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 5.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services in Ghana?
- Taxes on goods and services in Ghana was 6.9% 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 20.4% in 2004.
- What is the lowest taxes on goods and services recorded in Ghana?
- The lowest recorded value was 5.2% in 2013.
- How does Ghana rank for taxes on goods and services?
- Ghana ranks 111th out of 154 countries with data for 2023.
- Is taxes on goods and services rising or falling in Ghana?
- Over the last ten years it is up 32.2%. The long-run trend across the full record is falling.
- 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 (% value added of industry and services). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.