Taxes on income, profits and capital gains (current LCU) in Ghana
Ghana: Taxes on income, profits and capital gains (current LCU) was 53.70 billion current LCU in 2023. ◆ Volatile
Taxes on income, profits and capital gains in Ghana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ghana recorded 53.70 billion current LCU for taxes on income, profits and capital gains in 2023. That is the highest value across all 27 years on record.
The figure is up 39.7% on the previous year and up 752.1% over ten years.
Over the whole period, taxes on income, profits and capital gains in Ghana peaked at 53.70 billion current LCU in 2023 and was at its lowest, 5.51 million current LCU, in 1990.
That places Ghana 86th out of 153 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 income, profits and capital gains (current LCU) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 5.51 million current LCU | — |
| 1991 | 6.24 million current LCU | +13.2% |
| 1992 | 6.21 million current LCU | -0.5% |
| 1993 | 11.03 million current LCU | +77.6% |
| 2001 | 212.38 million current LCU | +1825.4% |
| 2002 | 279.54 million current LCU | +31.6% |
| 2003 | 356.80 million current LCU | +27.6% |
| 2004 | 485.75 million current LCU | +36.1% |
| 2005 | 609.20 million current LCU | +25.4% |
| 2006 | 658.19 million current LCU | +8.0% |
| 2007 | 857.44 million current LCU | +30.3% |
| 2008 | 1.13 billion current LCU | +32.3% |
| 2009 | 1.54 billion current LCU | +35.6% |
| 2010 | 2.19 billion current LCU | +42.7% |
| 2011 | 3.19 billion current LCU | +45.5% |
| 2012 | 5.54 billion current LCU | +73.4% |
| 2013 | 6.30 billion current LCU | +13.8% |
| 2014 | 8.49 billion current LCU | +34.7% |
| 2015 | 8.71 billion current LCU | +2.6% |
| 2016 | 9.11 billion current LCU | +4.6% |
| 2017 | 13.40 billion current LCU | +47.1% |
| 2018 | 18.78 billion current LCU | +40.1% |
| 2019 | 22.68 billion current LCU | +20.8% |
| 2020 | 23.73 billion current LCU | +4.6% |
| 2021 | 27.97 billion current LCU | +17.9% |
| 2022 | 38.42 billion current LCU | +37.4% |
| 2023 | 53.70 billion current LCU | +39.7% |
Ghana compared with similar countries
- Ghana's 53.70 billion current LCU is below the median for lower middle income countries, which is 129.82 billion current LCU, 41% of the median. (35 countries reporting)
- Ghana's 53.70 billion current LCU is below the median for Sub-Saharan Africa, which is 223.33 billion current LCU, 24% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains (current LCU) 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 |
|---|---|---|---|
| 2001 | +1825.4% | 11.03 million current LCU | 212.38 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.25 million current LCU | 5.51 million current LCU | 11.03 million current LCU | 4 |
| 2000s | 681.37 million current LCU | 212.38 million current LCU | 1.54 billion current LCU | 9 |
| 2010s | 9.84 billion current LCU | 2.19 billion current LCU | 22.68 billion current LCU | 10 |
| 2020s | 35.95 billion current LCU | 23.73 billion current LCU | 53.70 billion current LCU | 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 income, profits and capital gains in Ghana?
- Taxes on income, profits and capital gains in Ghana was 53.70 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Ghana?
- The highest recorded value was 53.70 billion current LCU in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Ghana?
- The lowest recorded value was 5.51 million current LCU in 1990.
- How does Ghana rank for taxes on income, profits and capital gains?
- Ghana ranks 86th out of 153 countries with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Ghana?
- Over the last ten years it is up 752.1%. The long-run trend across the full record is volatile.
- 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.