Ghana—Taxes on Goods & Services (% of revenue)
Ghana's taxes on goods & services (% of revenue) was 32.6% in 2023, ranking #61 out of 139 countries. This represents a +0.2% change from 2022. Over the past 23 years, the highest recorded value was 37.9% (2016) and the lowest was 14.8% (2001). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 32.6% | +0.2% |
| 2022 | 32.5% | -8.0% |
| 2021 | 35.3% | +9.3% |
| 2020 | 32.3% | +0.4% |
| 2019 | 32.1% | +1.8% |
| 2018 | 31.6% | -6.1% |
| 2017 | 33.6% | -11.4% |
| 2016 | 37.9% | +12.2% |
| 2015 | 33.8% | +22.8% |
| 2014 | 27.5% | +5.1% |
| 2013 | 26.2% | -2.2% |
| 2012 | 26.8% | -2.4% |
| 2011 | 27.4% | -0.3% |
| 2010 | 27.5% | -6.3% |
| 2009 | 29.3% | -11.3% |
| 2008 | 33.1% | -2.2% |
| 2007 | 33.8% | -7.4% |
| 2006 | 36.6% | +1.8% |
| 2005 | 35.9% | +2.8% |
| 2004 | 34.9% | +4.2% |
| 2003 | 33.5% | +60.2% |
| 2002 | 20.9% | +41.3% |
| 2001 | 14.8% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 76.2% | 2024 |
| 2 | Bahamas, The | 58.7% | 2024 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.9% | 2024 |
| 6 | Lebanon | 48.4% | 2024 |
| 7 | Armenia | 48.2% | 2024 |
| 8 | Dominican Republic | 47.9% | 2024 |
| 9 | Nicaragua | 47.5% | 2024 |
| 10 | Croatia | 47.1% | 2023 |
About This Indicator
Definition
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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Unit
% of revenue