Taxes less subsidies on products in Ghana
Ghana: Taxes less subsidies on products was 7.54 billion current US$ in 2025. ◆ Volatile
Latest (2025)
7.54 billion current US$
Change on year
up 37.5%
World rank
69th
of 197 countries
All-time high
7.54 billion current US$
in 2025
All-time low
7.12 million current US$
in 1991
Years of data
65
1960–2025
Taxes less subsidies on products in Ghana, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for taxes less subsidies on products in Ghana is 7.54 billion current US$, measured in 2025. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 37.5% on the previous year and up 81.8% over ten years.
Over the whole period, taxes less subsidies on products in Ghana peaked at 7.54 billion current US$ in 2025 and was at its lowest, 7.12 million current US$, in 1991.
That places Ghana 69th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 119.06 million current US$ | — |
| 1961 | 141.47 million current US$ | +18.8% |
| 1962 | 142.87 million current US$ | +1.0% |
| 1963 | 165.29 million current US$ | +15.7% |
| 1964 | 176.49 million current US$ | +6.8% |
| 1965 | 263.34 million current US$ | +49.2% |
| 1966 | 205.91 million current US$ | -21.8% |
| 1967 | 187.03 million current US$ | -9.2% |
| 1968 | 190.22 million current US$ | +1.7% |
| 1969 | 237.29 million current US$ | +24.7% |
| 1970 | 302.99 million current US$ | +27.7% |
| 1971 | 291.02 million current US$ | -3.9% |
| 1972 | 227.36 million current US$ | -21.9% |
| 1973 | 241.33 million current US$ | +6.1% |
| 1974 | 259.63 million current US$ | +7.6% |
| 1975 | 287.77 million current US$ | +10.8% |
| 1976 | 284.75 million current US$ | -1.0% |
| 1977 | 247.71 million current US$ | -13.0% |
| 1978 | 243.98 million current US$ | -1.5% |
| 1979 | 217.09 million current US$ | -11.0% |
| 1980 | 158.09 million current US$ | -27.2% |
| 1981 | 166.69 million current US$ | +5.4% |
| 1982 | 137.12 million current US$ | -17.7% |
| 1984 | 226.19 million current US$ | +65.0% |
| 1985 | 329.15 million current US$ | +45.5% |
| 1986 | 30.05 million current US$ | -90.9% |
| 1987 | 10.33 million current US$ | -65.6% |
| 1988 | 10.88 million current US$ | +5.3% |
| 1989 | 47.99 million current US$ | +341.2% |
| 1990 | 28.74 million current US$ | -40.1% |
| 1991 | 7.12 million current US$ | -75.2% |
| 1992 | 26.36 million current US$ | +270.4% |
| 1993 | 640.04 million current US$ | +2328.4% |
| 1994 | 543.28 million current US$ | -15.1% |
| 1995 | 594.09 million current US$ | +9.4% |
| 1996 | 777.88 million current US$ | +30.9% |
| 1997 | 734.83 million current US$ | -5.5% |
| 1998 | 784.59 million current US$ | +6.8% |
| 1999 | 802.48 million current US$ | +2.3% |
| 2000 | 523.67 million current US$ | -34.7% |
| 2001 | 551.86 million current US$ | +5.4% |
| 2002 | 638.93 million current US$ | +15.8% |
| 2003 | 700.52 million current US$ | +9.6% |
| 2004 | 768.47 million current US$ | +9.7% |
| 2005 | 914.03 million current US$ | +18.9% |
| 2006 | 1.42 billion current US$ | +55.7% |
| 2007 | 2.04 billion current US$ | +43.3% |
| 2008 | 2.09 billion current US$ | +2.7% |
| 2009 | 1.51 billion current US$ | -27.7% |
| 2010 | 2.91 billion current US$ | +92.4% |
| 2011 | 3.57 billion current US$ | +22.4% |
| 2012 | 2.57 billion current US$ | -27.9% |
| 2013 | 3.11 billion current US$ | +21.1% |
| 2014 | 4.98 billion current US$ | +60.0% |
| 2015 | 4.14 billion current US$ | -16.8% |
| 2016 | 4.24 billion current US$ | +2.2% |
| 2017 | 4.23 billion current US$ | -0.2% |
| 2018 | 4.71 billion current US$ | +11.4% |
| 2019 | 4.39 billion current US$ | -6.8% |
| 2020 | 4.26 billion current US$ | -3.1% |
| 2021 | 5.26 billion current US$ | +23.6% |
| 2022 | 4.61 billion current US$ | -12.3% |
| 2023 | 5.22 billion current US$ | +13.1% |
| 2024 | 5.48 billion current US$ | +5.0% |
| 2025 | 7.54 billion current US$ | +37.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 182.90 million current US$ | 119.06 million current US$ | 263.34 million current US$ | 10 |
| 1970s | 260.36 million current US$ | 217.09 million current US$ | 302.99 million current US$ | 10 |
| 1980s | 124.05 million current US$ | 10.33 million current US$ | 329.15 million current US$ | 9 |
| 1990s | 493.94 million current US$ | 7.12 million current US$ | 802.48 million current US$ | 10 |
| 2000s | 1.12 billion current US$ | 523.67 million current US$ | 2.09 billion current US$ | 10 |
| 2010s | 3.89 billion current US$ | 2.57 billion current US$ | 4.98 billion current US$ | 10 |
| 2020s | 5.39 billion current US$ | 4.26 billion current US$ | 7.54 billion current US$ | 6 |
Countries ranked near Ghana
- 66 Côte d'Ivoire 8.12 billion current US$ compare
- 67 Guatemala 8.06 billion current US$ compare
- 68 Costa Rica 7.75 billion current US$ compare
- 70 Sudan 7.42 billion current US$ compare
- 71 Azerbaijan 7.29 billion current US$ compare
- 72 Nigeria 6.82 billion current US$ 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)
- GDP (constant 2015 US$), annual growth rate 5.95 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.694 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,261 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 5.95 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.84 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 5,979 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 36.32 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1222 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Ghana?
- Taxes less subsidies on products in Ghana was 7.54 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Ghana?
- The highest recorded value was 7.54 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Ghana?
- The lowest recorded value was 7.12 million current US$ in 1991.
- How does Ghana rank for taxes less subsidies on products?
- Ghana ranks 69th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Ghana?
- Over the last ten years it is up 81.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.