Key information about Ghana Tax revenue: % of GDP

• Ghana Tax revenue: % of GDP was reported at 13.9 % in Jun 2022.
• This records an increase from the previous number of 8.4 % for Mar 2022.
• Ghana Tax revenue: % of GDP data is updated quarterly, averaging 12.7 % from Mar 2008 to Jun 2022, with 58 observations.
• The data reached an all-time high of 18.7 % in Jun 2012 and a record low of 8.4 % in Mar 2022.
• Ghana Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly: Middle East and Africa.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Ministry of Finance provides Tax Revenue in local currency. Ghana Statistical Service provides Nominal GDP in local currency, based on SNA 2008. Nominal GDP prior to Q1 2013 is based on SNA 1993.

Key information about Ghana Tax Revenue

• Ghana Tax Revenue was reported at 776.359 USD mn in Jun 2024.
• This records an increase from the previous figure of 762.534 USD mn for May 2024.
• Ghana Tax Revenue data is updated monthly, averaging 570.028 USD mn from Jan 2008 to Jun 2024, with 198 observations.
• The data reached an all-time high of 1.540 USD bn in Dec 2023 and a record low of 242.088 USD mn in Sep 2009.
• Ghana Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

CEIC calculates monthly Tax Revenue from monthly Tax Revenue and converts it into USD. The Ministry of Finance provides Tax Revenue in local currency. The Bank of Ghana average market exchange rate is used for currency conversions.

Revenue generated from gold in Ghana amounted to around 7.6 billion U.S. dollars in 2023. This increased from the previous year, when the income amounted to 6.6 billion U.S. dollars. In the period reviewed, the country's revenue from gold fluctuated, although it generally increased. Overall, Ghana had gold reserves of around 8.7 metric tons as of the fourth quarter of 2023.