Ghana—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #104 of 139Series years: 2001–2023
Latest Value
12.4%
2023
YoY Change
+0.8%
2022 → 2023
Global Rank
#104
of 139 countries
Maximum
21.8%
2004
Minimum
10.7%
2013
CAGR
-1.5%
23 years
Last
12.4%
Previous
12.3%
Highest
21.8%
Lowest
10.7%
Unit
% of GDP
Source
World Bank World Development Indicators
Ghana's tax revenue (% of GDP) was 12.4% in 2023, ranking #104 out of 139 countries. This represents a +0.8% change from 2022. Over the past 23 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.
Ghana — Tax Revenue (% of GDP): 12.393098457103 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 12.4% | +0.8% |
| 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 | 35.4% | 2024 |
| 2 | Namibia | 33.9% | 2024 |
| 3 | Denmark | 33.4% | 2024 |
| 4 | New Zealand | 29.5% | 2024 |
| 5 | Luxembourg | 28.6% | 2024 |
| 6 | Macao SAR, China | 27.4% | 2024 |
| 7 | Greece | 27.4% | 2024 |
| 8 | Sweden | 27.2% | 2024 |
| 9 | United Kingdom | 26.9% | 2024 |
| 10 | South Africa | 25.9% | 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).
Unit
% of GDP