Taxes less subsidies on products (constant LCU), per unit of GDP in Ghana

Ghana: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0835 constant LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.0835 constant LCU per US$ of GDP
Change on year
down 21.6%
World rank
141st
of 189 countries
All-time high
0.1903 constant LCU per US$ of GDP
in 2006
All-time low
0.0835 constant LCU per US$ of GDP
in 2025
Years of data
20
2006–2025

Taxes less subsidies on products (constant LCU), per unit of GDP in Ghana, 2006–2025

00.050.10.150.22006201520252006: 0.19 constant LCU per US$ of GDP2007: 0.167 constant LCU per US$ of GDP2008: 0.158 constant LCU per US$ of GDP2009: 0.182 constant LCU per US$ of GDP2010: 0.159 constant LCU per US$ of GDP2011: 0.148 constant LCU per US$ of GDP2012: 0.155 constant LCU per US$ of GDP2013: 0.098 constant LCU per US$ of GDP2014: 0.117 constant LCU per US$ of GDP2015: 0.132 constant LCU per US$ of GDP2016: 0.122 constant LCU per US$ of GDP2017: 0.119 constant LCU per US$ of GDP2018: 0.115 constant LCU per US$ of GDP2019: 0.12 constant LCU per US$ of GDP2020: 0.112 constant LCU per US$ of GDP2021: 0.096 constant LCU per US$ of GDP2022: 0.108 constant LCU per US$ of GDP2023: 0.102 constant LCU per US$ of GDP2024: 0.106 constant LCU per US$ of GDP2025: 0.083 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Ghana is 0.0835 constant LCU per US$ of GDP, measured in 2025. That is the lowest value across all 20 years on record.

The figure is down 21.6% on the previous year and down 37.0% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Ghana peaked at 0.1903 constant LCU per US$ of GDP in 2006 and was at its lowest, 0.0835 constant LCU per US$ of GDP, in 2025.

That places Ghana 141st out of 189 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 20 years of available data.

Taxes less subsidies on products (constant LCU), per unit of GDP in Ghana, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in Ghana, 2006 to 2025.
Year constant LCU per US$ of GDP Change
2006 0.1903 constant LCU per US$ of GDP
2007 0.167 constant LCU per US$ of GDP -12.2%
2008 0.1578 constant LCU per US$ of GDP -5.5%
2009 0.1821 constant LCU per US$ of GDP +15.4%
2010 0.159 constant LCU per US$ of GDP -12.7%
2011 0.1484 constant LCU per US$ of GDP -6.6%
2012 0.1546 constant LCU per US$ of GDP +4.2%
2013 0.0981 constant LCU per US$ of GDP -36.6%
2014 0.1167 constant LCU per US$ of GDP +19.0%
2015 0.1324 constant LCU per US$ of GDP +13.5%
2016 0.1222 constant LCU per US$ of GDP -7.7%
2017 0.1188 constant LCU per US$ of GDP -2.8%
2018 0.1146 constant LCU per US$ of GDP -3.5%
2019 0.1197 constant LCU per US$ of GDP +4.4%
2020 0.1122 constant LCU per US$ of GDP -6.3%
2021 0.0965 constant LCU per US$ of GDP -14.0%
2022 0.1083 constant LCU per US$ of GDP +12.3%
2023 0.1021 constant LCU per US$ of GDP -5.8%
2024 0.1064 constant LCU per US$ of GDP +4.3%
2025 0.0835 constant LCU per US$ of GDP -21.6%

Ghana compared with similar countries

  • Ghana's 0.0835 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 1.91 constant LCU per US$ of GDP, 4% of the median. (46 countries reporting)
  • Ghana's 0.0835 constant LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 14.8 constant LCU per US$ of GDP, 1% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1743 constant LCU per US$ of GDP 0.1578 constant LCU per US$ of GDP 0.1903 constant LCU per US$ of GDP 4
2010s 0.1285 constant LCU per US$ of GDP 0.0981 constant LCU per US$ of GDP 0.159 constant LCU per US$ of GDP 10
2020s 0.1015 constant LCU per US$ of GDP 0.0835 constant LCU per US$ of GDP 0.1122 constant LCU per US$ of GDP 6

Countries ranked near Ghana

  1. 138 Palau 0.0876 constant LCU per US$ of GDP compare
  2. 139 Latvia 0.0854 constant LCU per US$ of GDP compare
  3. 140 Slovenia 0.0837 constant LCU per US$ of GDP compare
  4. 142 France 0.0834 constant LCU per US$ of GDP compare
  5. 143 Estonia 0.0833 constant LCU per US$ of GDP compare
  6. 144 Italy 0.0812 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in Ghana?
Taxes less subsidies on products (constant lcu), per unit of gdp in Ghana was 0.0835 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Ghana?
The highest recorded value was 0.1903 constant LCU per US$ of GDP in 2006.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Ghana?
The lowest recorded value was 0.0835 constant LCU per US$ of GDP in 2025.
How does Ghana rank for taxes less subsidies on products (constant lcu), per unit of gdp?
Ghana ranks 141st out of 189 countries with data for 2025.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Ghana?
Over the last ten years it is down 37.0%. The long-run trend across the full record is falling.
Where does this Ghana data come from?
The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (constant LCU), per unit of GDP in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/ghana/

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How this figure is calculated

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Taxes less subsidies on products (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,344 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.