Ghana - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Ghana was 42,927,850,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 42,927,850,000 in 2019 and a minimum value of 21,967,700 in 1990.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 21,967,700
1991 31,945,300
1992 30,183,200
1993 50,915,200
2001 654,546,800
2002 854,748,400
2003 1,222,441,000
2004 1,737,730,000
2005 2,073,747,000
2006 2,395,622,000
2007 3,213,371,000
2008 4,193,608,000
2009 4,615,857,000
2010 6,164,295,000
2011 8,892,169,000
2012 11,574,600,000
2013 13,284,040,000
2014 17,004,660,000
2015 32,944,750,000
2016 24,283,490,000
2017 30,424,200,000
2018 37,784,190,000
2019 42,927,850,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Ghana was 12.04 as of 2019. Its highest value over the past 29 years was 21.75 in 2004, while its lowest value was 10.67 in 2013.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 11.44
1991 13.16
1992 10.77
1993 13.15
2001 17.19
2002 17.49
2003 18.48
2004 21.75
2005 21.32
2006 12.81
2007 13.88
2008 13.90
2009 12.61
2010 13.39
2011 14.87
2012 15.37
2013 10.67
2014 10.72
2015 17.95
2016 11.06
2017 11.58
2018 12.24
2019 12.04

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance