Taxes on incomes of individuals and corporations as share of GDP in Ghana
Ghana: Taxes on incomes of individuals and corporations as share of GDP was 5.4% in 2022. ◆ Volatile
Taxes on incomes of individuals and corporations as share of GDP in Ghana, 1983–2022
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Ghana recorded 5.4% for taxes on incomes of individuals and corporations as share of gdp in 2022.
Compared with earlier readings it is up 0.4% on the previous year and up 13.6% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Ghana peaked at 5.6% in 2019 and was at its lowest, 0.4%, in 1983.
That places Ghana 113th out of 184 countries with data for 2022, 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 on incomes of individuals and corporations as share of GDP in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 0.4% | — |
| 1984 | 0.7% | +54.5% |
| 1985 | 0.9% | +37.1% |
| 1986 | 1.1% | +25.8% |
| 1987 | 1.3% | +17.8% |
| 1988 | 1.6% | +20.3% |
| 1989 | 1.3% | -16.6% |
| 1990 | 1.1% | -14.2% |
| 1991 | 1.0% | -15.8% |
| 1992 | 0.8% | -19.2% |
| 1993 | 1.1% | +46.0% |
| 1994 | 1.3% | +13.3% |
| 1995 | 1.4% | +5.3% |
| 1996 | 1.5% | +8.6% |
| 1997 | 1.6% | +8.6% |
| 1998 | 1.6% | -1.5% |
| 1999 | 2.0% | +24.0% |
| 2000 | 2.3% | +15.3% |
| 2001 | 2.4% | +7.5% |
| 2002 | 2.5% | +2.3% |
| 2003 | 2.7% | +7.8% |
| 2004 | 2.9% | +9.6% |
| 2005 | 2.9% | -1.6% |
| 2006 | 2.7% | -5.8% |
| 2007 | 3.0% | +8.8% |
| 2008 | 3.0% | +2.8% |
| 2009 | 3.4% | +12.8% |
| 2010 | 3.9% | +13.8% |
| 2011 | 4.4% | +11.6% |
| 2012 | 4.8% | +10.0% |
| 2013 | 4.4% | -8.2% |
| 2014 | 4.6% | +5.6% |
| 2015 | 4.1% | -11.1% |
| 2016 | 3.7% | -10.7% |
| 2017 | 4.5% | +21.1% |
| 2018 | 5.3% | +18.8% |
| 2019 | 5.6% | +5.1% |
| 2020 | 5.4% | -3.4% |
| 2021 | 5.4% | +0.6% |
| 2022 | 5.4% | +0.4% |
Ghana compared with similar countries
- Ghana's 5.4% is above the median for lower middle income countries, which is 5.4%, 1.0× the median. (45 countries reporting)
- Ghana's 5.4% is above the median for Sub-Saharan Africa, which is 4.7%, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.1% | 0.4% | 1.6% | 7 |
| 1990s | 1.3% | 0.8% | 2.0% | 10 |
| 2000s | 2.8% | 2.3% | 3.4% | 10 |
| 2010s | 4.5% | 3.7% | 5.6% | 10 |
| 2020s | 5.4% | 5.4% | 5.4% | 3 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is taxes on incomes of individuals and corporations as share of gdp in Ghana?
- Taxes on incomes of individuals and corporations as share of gdp in Ghana was 5.4% in 2022, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Ghana?
- The highest recorded value was 5.6% in 2019.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Ghana?
- The lowest recorded value was 0.4% in 1983.
- How does Ghana rank for taxes on incomes of individuals and corporations as share of gdp?
- Ghana ranks 113th out of 184 countries with data for 2022.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Ghana?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.