Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Ghana
Ghana: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 0.8285 current LCU per US$ of GDP in 2025. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Ghana, 1960–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in Ghana stood at 0.8285 current LCU per US$ of GDP.
That represents a change of down 11.3% on the previous year and up 166.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Ghana peaked at 0.9342 current LCU per US$ of GDP in 2024 and was at its lowest, 0 current LCU per US$ of GDP, in 1966.
That places Ghana 98th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Ghana, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0 current LCU per US$ of GDP | — |
| 1961 | 0 current LCU per US$ of GDP | +11.0% |
| 1962 | 0 current LCU per US$ of GDP | -4.8% |
| 1963 | 0 current LCU per US$ of GDP | +3.8% |
| 1964 | 0 current LCU per US$ of GDP | -5.0% |
| 1965 | 0 current LCU per US$ of GDP | +25.8% |
| 1966 | 0 current LCU per US$ of GDP | -24.5% |
| 1967 | 0 current LCU per US$ of GDP | +33.3% |
| 1968 | 0 current LCU per US$ of GDP | +26.3% |
| 1969 | 0 current LCU per US$ of GDP | +6.0% |
| 1970 | 0 current LCU per US$ of GDP | +13.1% |
| 1971 | 0 current LCU per US$ of GDP | -10.7% |
| 1972 | 0 current LCU per US$ of GDP | +15.2% |
| 1973 | 0 current LCU per US$ of GDP | -34.8% |
| 1974 | 0 current LCU per US$ of GDP | +54.5% |
| 1975 | 0 current LCU per US$ of GDP | +33.3% |
| 1976 | 0 current LCU per US$ of GDP | +26.2% |
| 1977 | 0 current LCU per US$ of GDP | +11.9% |
| 1978 | 0 current LCU per US$ of GDP | +40.4% |
| 1979 | 0 current LCU per US$ of GDP | -0.7% |
| 1980 | 0 current LCU per US$ of GDP | -9.6% |
| 1981 | 0.0001 current LCU per US$ of GDP | +98.0% |
| 1982 | 0.0001 current LCU per US$ of GDP | +7.2% |
| 1984 | 0.0003 current LCU per US$ of GDP | +332.0% |
| 1985 | 0.0006 current LCU per US$ of GDP | +77.0% |
| 1986 | 0 current LCU per US$ of GDP | -91.6% |
| 1987 | 0 current LCU per US$ of GDP | -35.9% |
| 1988 | 0 current LCU per US$ of GDP | +41.4% |
| 1989 | 0.0002 current LCU per US$ of GDP | +482.6% |
| 1990 | 0.0002 current LCU per US$ of GDP | -35.5% |
| 1991 | 0 current LCU per US$ of GDP | -75.1% |
| 1992 | 0.0002 current LCU per US$ of GDP | +353.0% |
| 1993 | 0.007 current LCU per US$ of GDP | +3776.2% |
| 1994 | 0.0095 current LCU per US$ of GDP | +37.0% |
| 1995 | 0.011 current LCU per US$ of GDP | +15.6% |
| 1996 | 0.0183 current LCU per US$ of GDP | +66.5% |
| 1997 | 0.0218 current LCU per US$ of GDP | +19.0% |
| 1998 | 0.0242 current LCU per US$ of GDP | +11.0% |
| 1999 | 0.0277 current LCU per US$ of GDP | +14.4% |
| 2000 | 0.0573 current LCU per US$ of GDP | +106.6% |
| 2001 | 0.0744 current LCU per US$ of GDP | +29.9% |
| 2002 | 0.0821 current LCU per US$ of GDP | +10.4% |
| 2003 | 0.0796 current LCU per US$ of GDP | -3.1% |
| 2004 | 0.0778 current LCU per US$ of GDP | -2.2% |
| 2005 | 0.077 current LCU per US$ of GDP | -1.1% |
| 2006 | 0.0624 current LCU per US$ of GDP | -19.0% |
| 2007 | 0.0766 current LCU per US$ of GDP | +22.9% |
| 2008 | 0.0768 current LCU per US$ of GDP | +0.3% |
| 2009 | 0.0817 current LCU per US$ of GDP | +6.3% |
| 2010 | 0.1294 current LCU per US$ of GDP | +58.4% |
| 2011 | 0.1378 current LCU per US$ of GDP | +6.5% |
| 2012 | 0.1136 current LCU per US$ of GDP | -17.6% |
| 2013 | 0.0981 current LCU per US$ of GDP | -13.7% |
| 2014 | 0.2642 current LCU per US$ of GDP | +169.4% |
| 2015 | 0.3112 current LCU per US$ of GDP | +17.8% |
| 2016 | 0.2952 current LCU per US$ of GDP | -5.2% |
| 2017 | 0.3048 current LCU per US$ of GDP | +3.3% |
| 2018 | 0.3215 current LCU per US$ of GDP | +5.5% |
| 2019 | 0.3353 current LCU per US$ of GDP | +4.3% |
| 2020 | 0.3405 current LCU per US$ of GDP | +1.5% |
| 2021 | 0.3841 current LCU per US$ of GDP | +12.8% |
| 2022 | 0.5186 current LCU per US$ of GDP | +35.0% |
| 2023 | 0.7139 current LCU per US$ of GDP | +37.7% |
| 2024 | 0.9342 current LCU per US$ of GDP | +30.9% |
| 2025 | 0.8285 current LCU per US$ of GDP | -11.3% |
Ghana compared with similar countries
- Ghana's 0.8285 current LCU per US$ of GDP is below the median for lower middle income countries, which is 3.66 current LCU per US$ of GDP, 23% of the median. (46 countries reporting)
- Ghana's 0.8285 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 15.97 current LCU per US$ of GDP, 5% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +3776.2% | 0.0002 current LCU per US$ of GDP | 0.007 current LCU per US$ of GDP |
| 1989 | +482.6% | 0 current LCU per US$ of GDP | 0.0002 current LCU per US$ of GDP |
| 1992 | +353.0% | 0 current LCU per US$ of GDP | 0.0002 current LCU per US$ of GDP |
| 1984 | +332.0% | 0.0001 current LCU per US$ of GDP | 0.0003 current LCU per US$ of GDP |
| 2014 | +169.4% | 0.0981 current LCU per US$ of GDP | 0.2642 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 1970s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 1980s | 0.0002 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0.0006 current LCU per US$ of GDP | 9 |
| 1990s | 0.012 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0.0277 current LCU per US$ of GDP | 10 |
| 2000s | 0.0746 current LCU per US$ of GDP | 0.0573 current LCU per US$ of GDP | 0.0821 current LCU per US$ of GDP | 10 |
| 2010s | 0.2311 current LCU per US$ of GDP | 0.0981 current LCU per US$ of GDP | 0.3353 current LCU per US$ of GDP | 10 |
| 2020s | 0.62 current LCU per US$ of GDP | 0.3405 current LCU per US$ of GDP | 0.9342 current LCU per US$ of GDP | 6 |
Countries ranked near Ghana
- 95 Norway 0.9203 current LCU per US$ of GDP compare
- 96 Zambia 0.8868 current LCU per US$ of GDP compare
- 97 Japan 0.874 current LCU per US$ of GDP compare
- 99 Faroe Islands 0.8141 current LCU per US$ of GDP compare
- 100 Brazil 0.7836 current LCU per US$ of GDP compare
- 101 Botswana 0.7708 current LCU per US$ of GDP compare
More economy & growth data for Ghana
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Ghana?
- Taxes less subsidies on products (current lcu), per unit of gdp in Ghana was 0.8285 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Ghana?
- The highest recorded value was 0.9342 current LCU per US$ of GDP in 2024.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Ghana?
- The lowest recorded value was 0 current LCU per US$ of GDP in 1966.
- How does Ghana rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Ghana ranks 98th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Ghana?
- Over the last ten years it is up 166.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes less subsidies on products (current 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.