Home Ghana Government Tax Revenue

Ghana Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

12.20% −0.10% (-0.8%)
Year 2025 Rank #90 Global Peak 21.75% (2004) Source World Bank

Ghana Tax Revenue (1990–2025)

Overview

Ghana's tax revenue stood at 12.20% in 2025, a decline of +0.10% from 2022. Based on recent trends, this figure is projected to reach 12.20% by 2025. Ghana ranked 90th globally.

Data & projection

Year Tax Revenue YoY change Rank
2025* trend 12.20% - -
2025 12.20% −0.10% #90
2022 12.30% +0.05% #26
2021 12.24% +0.90% #33
2020 11.34% −0.66% #28
2019 12.00% −0.25% #33
2018 12.24% +0.67% #36
2017 11.58% +0.52% #29
2016 11.06% −0.63% #24
2015 11.69% +0.44% #30
2014 11.25% +0.58% #27
2013 10.67% −4.70% #22
2012 15.37% +0.50% #61
2011 14.87% +1.48% #55
2010 13.39% +0.78% #45
2009 12.61% −1.28% #37
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Currency Crisis Pattern
Rapid currency depreciation (>30% YoY) combined with reserve drawdown and inflation surge. Often precedes emergency rate hikes.
Inflation 38.1% Reserves YoY -30.4% FX YoY +33.2%
Occurred 128 times, 35 successful
Inflation
133.5%
Reserves YoY
-48.5%
FX YoY
+126.8%
Inflation
38.1%
Reserves YoY
-30.4%
FX YoY
+33.2%
Inflation
221.3%
Reserves YoY
-15.4%
FX YoY
+820.4%
Inflation
47.6%
Reserves YoY
-20.6%
FX YoY
+51.7%
Inflation
667.4%
Reserves YoY
-80.7%
FX YoY
+835.9%
Inflation
31.3%
Reserves YoY
-47.5%
FX YoY
+42.5%
24 mo later
22.8%

Analysis

Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ghana's tax revenue?

Ghana's tax revenue was 12.20% in 2025. Ranked 90th globally. This represents a 0.8% decrease from the previous year.

What was the highest tax revenue in Ghana?

Ghana's tax revenue peaked at 21.75% in 2004.

What was the lowest tax revenue in Ghana?

The lowest tax revenue in Ghana was 10.67% in 2013.

How does Ghana rank in tax revenue?

Ghana ranks 90th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Ghana in 2025?

Ghana's tax revenue is projected to reach 12.20% by 2025 based on trend extrapolation.

What is the tax revenue of Ghana in 2025?

The tax revenue of Ghana in 2025 was 12.20%. This ranks 90th in the world.

Cite this page

APA
Ghana Tax Revenue. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/ghana/tax-revenue
BibTeX
@misc{historysaid_ghana_tax-revenue, title = {Ghana Tax Revenue}, url = {https://historysaid.com/ghana/tax-revenue}, publisher = {HistorySaid}, year = {2026} }