Ghana—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #104 of 139Updated July 2026
Latest Value
12.3%
2022
YoY Change
+0.4%
2021 → 2022
Global Rank
#104
of 139 countries
Maximum
21.8%
2004
Minimum
10.7%
2013
CAGR
-1.6%
22 years
Last
12.3%
Previous
12.2%
Highest
21.8%
Lowest
10.7%
Source
World Bank World Development Indicators
Ghana's tax revenue (% of GDP) was 12.3% in 2022, ranking #104 out of 139 countries. This represents a +0.4% change from 2021. Over the past 22 years, the highest recorded value was 21.8% (2004) and the lowest was 10.7% (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 12.3% | +0.4% |
| 2021 | 12.2% | +8.0% |
| 2020 | 11.3% | -5.5% |
| 2019 | 12.0% | -2.0% |
| 2018 | 12.2% | +5.8% |
| 2017 | 11.6% | +4.7% |
| 2016 | 11.1% | -5.4% |
| 2015 | 11.7% | +3.9% |
| 2014 | 11.3% | +5.4% |
| 2013 | 10.7% | -30.6% |
| 2012 | 15.4% | +3.4% |
| 2011 | 14.9% | +11.0% |
| 2010 | 13.4% | +6.2% |
| 2009 | 12.6% | -9.2% |
| 2008 | 13.9% | +0.1% |
| 2007 | 13.9% | +10.7% |
| 2006 | 12.5% | -41.2% |
| 2005 | 21.3% | -2.0% |
| 2004 | 21.8% | +17.7% |
| 2003 | 18.5% | +5.6% |
| 2002 | 17.5% | +1.7% |
| 2001 | 17.2% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lesotho | 37.3% | 2024 |
| 2 | Denmark | 33.4% | 2024 |
| 3 | Namibia | 33.0% | 2023 |
| 4 | New Zealand | 29.7% | 2024 |
| 5 | Luxembourg | 28.6% | 2024 |
| 6 | Greece | 27.4% | 2024 |
| 7 | Sweden | 27.3% | 2024 |
| 8 | United Kingdom | 27.0% | 2024 |
| 9 | Austria | 25.8% | 2024 |
| 10 | Italy | 25.6% | 2024 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).