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Government Finance of Ghana

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

13.8% 25.1% 54.8%
  • Personal income taxes: 13.8%
  • Corporate income taxes: 25.1%
  • Social security contributions: 3.7%
  • Property taxes: 1.2%
  • Goods and services taxes: 54.8%
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Personal income taxes
13.8%
Corporate income taxes
25.1%
Social security contributions
3.7%
Property taxes
1.2%
Goods and services taxes
54.8%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 53% #92 / 184 2026
Government Gross Debt (Local currency - GHS) 846B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - GHS) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -2.3% #74 / 189 2026
Fiscal Balance (Local currency - GHS) -36B - 2026
Primary Fiscal Balance (% of GDP) 1.5% #26 / 182 2026
Primary Fiscal Balance (Local currency - GHS) 23.6B - 2026

Revenue and Spending

Government Revenue (% of GDP) 16.8% #160 / 189 2026
Government Revenue (Local currency - GHS) 268B - 2026
Government Spending (% of GDP) 19% #161 / 189 2026
Government Spending (Local currency - GHS) 304B - 2026

International Reserves

Total Reserves (USD) 4.47B #98 / 163 2024

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