Revenue, excluding grants in Ghana
Ghana: Revenue, excluding grants was 15.0% in 2023. ▼ Falling
Revenue, excluding grants in Ghana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Ghana recorded 15.0% for revenue, excluding grants in 2023.
Compared with earlier readings it is down 3.4% on the previous year and up 5.6% over ten years.
Over the whole period, revenue, excluding grants in Ghana peaked at 23.7% in 2004 and was at its lowest, 11.9%, in 1992.
That places Ghana 130th out of 157 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Revenue, excluding grants in Ghana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 12.5% | — |
| 1991 | 14.6% | +17.1% |
| 1992 | 11.9% | -18.5% |
| 1993 | 17.0% | +42.7% |
| 2001 | 18.1% | +6.6% |
| 2002 | 18.0% | -0.5% |
| 2003 | 19.8% | +9.8% |
| 2004 | 23.7% | +20.0% |
| 2005 | 23.7% | -0.1% |
| 2006 | 13.3% | -43.8% |
| 2007 | 15.7% | +17.8% |
| 2008 | 15.7% | +0.2% |
| 2009 | 15.4% | -1.8% |
| 2010 | 16.7% | +8.3% |
| 2011 | 19.4% | +16.1% |
| 2012 | 19.3% | -0.2% |
| 2013 | 14.2% | -26.4% |
| 2014 | 14.2% | -0.1% |
| 2015 | 14.5% | +2.2% |
| 2016 | 14.2% | -2.6% |
| 2017 | 14.5% | +2.6% |
| 2018 | 15.1% | +3.8% |
| 2019 | 14.7% | -2.5% |
| 2020 | 13.8% | -6.4% |
| 2021 | 14.9% | +8.5% |
| 2022 | 15.6% | +4.2% |
| 2023 | 15.0% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.0% | 11.9% | 17.0% | 4 |
| 2000s | 18.2% | 13.3% | 23.7% | 9 |
| 2010s | 15.7% | 14.2% | 19.4% | 10 |
| 2020s | 14.8% | 13.8% | 15.6% | 4 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 1,869 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.155 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9768 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 2,363 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 29.05 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 13.87 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 33,559 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 5.84 % change on previous year (2024)
Frequently asked questions
- What is revenue, excluding grants in Ghana?
- Revenue, excluding grants in Ghana was 15.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Ghana?
- The highest recorded value was 23.7% in 2004.
- What is the lowest revenue, excluding grants recorded in Ghana?
- The lowest recorded value was 11.9% in 1992.
- How does Ghana rank for revenue, excluding grants?
- Ghana ranks 130th out of 157 countries with data for 2023.
- Is revenue, excluding grants rising or falling in Ghana?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.