Ghana - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Ghana was 22,683,100,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 22,683,100,000 in 2019 and a minimum value of 5,514,300 in 1990.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

Year Value
1990 5,514,300
1991 6,244,400
1992 6,210,100
1993 11,029,900
2001 212,374,700
2002 279,539,400
2003 356,795,000
2004 485,753,000
2005 609,201,600
2006 658,187,400
2007 857,441,800
2008 1,134,757,000
2009 1,538,305,000
2010 2,194,970,000
2011 3,192,750,000
2012 5,536,216,000
2013 6,301,734,000
2016 9,106,902,000
2017 13,398,090,000
2018 18,776,430,000
2019 22,683,100,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Ghana was 42.49 as of 2019. Its highest value over the past 29 years was 42.49 in 2019, while its lowest value was 15.23 in 1993.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

See also:

Year Value
1990 20.63
1991 15.99
1992 16.96
1993 15.23
2001 22.31
2002 27.08
2003 21.75
2004 19.47
2005 20.77
2006 20.13
2007 18.74
2008 20.14
2009 22.61
2010 24.78
2011 24.68
2012 35.20
2013 34.16
2016 28.25
2017 33.75
2018 39.42
2019 42.49

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Ghana was 52.84 as of 2019. Its highest value over the past 29 years was 52.84 in 2019, while its lowest value was 19.55 in 1991.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

See also:

Year Value
1990 25.10
1991 19.55
1992 20.57
1993 21.66
2001 32.45
2002 32.70
2003 29.19
2004 27.95
2005 29.38
2006 27.47
2007 26.68
2008 27.06
2009 33.33
2010 35.61
2011 35.91
2012 47.83
2013 47.44
2016 37.50
2017 44.04
2018 49.69
2019 52.84

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance