Share of central government spending funded by taxes in Ghana
Ghana: Share of central government spending funded by taxes was 47.8% in 2022. ▼ Falling
Share of central government spending funded by taxes in Ghana, 2001–2022
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2022, share of central government spending funded by taxes in Ghana stood at 47.8%.
Compared with earlier readings it is down 4.6% on the previous year and down 3.0% over ten years.
Over the whole period, share of central government spending funded by taxes in Ghana peaked at 67.5% in 2005 and was at its lowest, 45.4%, in 2020.
That places Ghana 133rd out of 174 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Share of central government spending funded by taxes in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 54.6% | — |
| 2002 | 66.9% | +22.6% |
| 2003 | 65.0% | -2.8% |
| 2004 | 66.8% | +2.7% |
| 2005 | 67.5% | +1.2% |
| 2006 | 59.0% | -12.6% |
| 2007 | 56.8% | -3.9% |
| 2008 | 56.6% | -0.2% |
| 2009 | 52.0% | -8.1% |
| 2010 | 50.4% | -3.1% |
| 2011 | 58.2% | +15.4% |
| 2012 | 49.3% | -15.3% |
| 2013 | 46.1% | -6.4% |
| 2014 | 51.0% | +10.6% |
| 2015 | 55.0% | +7.8% |
| 2016 | 50.8% | -7.7% |
| 2017 | 58.6% | +15.4% |
| 2018 | 64.0% | +9.2% |
| 2019 | 62.4% | -2.5% |
| 2020 | 45.4% | -27.2% |
| 2021 | 50.1% | +10.4% |
| 2022 | 47.8% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 60.6% | 52.0% | 67.5% | 9 |
| 2010s | 54.6% | 46.1% | 64.0% | 10 |
| 2020s | 47.8% | 45.4% | 50.1% | 3 |
Countries ranked near Ghana
- 130 Costa Rica 48.6% compare
- 131 Hong Kong, China 48.5% compare
- 132 Trinidad and Tobago 48.0% compare
- 134 Paraguay 47.7% compare
- 135 Malawi 47.6% compare
- 136 India 47.4% compare
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 share of central government spending funded by taxes in Ghana?
- Share of central government spending funded by taxes in Ghana was 47.8% in 2022, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Ghana?
- The highest recorded value was 67.5% in 2005.
- What is the lowest share of central government spending funded by taxes recorded in Ghana?
- The lowest recorded value was 45.4% in 2020.
- How does Ghana rank for share of central government spending funded by taxes?
- Ghana ranks 133rd out of 174 countries with data for 2022.
- Is share of central government spending funded by taxes rising or falling in Ghana?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.