Taxes on international trade in Ghana
Ghana: Taxes on international trade was 13.93 billion current LCU in 2023. ◆ Volatile
Taxes on international trade in Ghana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Ghana is 13.93 billion current LCU, measured in 2023. That is the highest value across all 27 years on record.
That represents a change of up 41.5% on the previous year and up 497.7% over ten years.
Over the whole period, taxes on international trade in Ghana peaked at 13.93 billion current LCU in 2023 and was at its lowest, 9.28 million current LCU, in 1990.
That places Ghana 68th out of 155 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.47 million current LCU | 9.28 million current LCU | 17.60 million current LCU | 4 |
| 2000s | 599.35 million current LCU | 301.24 million current LCU | 1.20 billion current LCU | 9 |
| 2010s | 3.59 billion current LCU | 1.53 billion current LCU | 6.10 billion current LCU | 10 |
| 2020s | 9.06 billion current LCU | 5.51 billion current LCU | 13.93 billion current LCU | 4 |
Countries ranked near Ghana
More public sector data for Ghana
- Arms imports 11.00 million SIPRI trend indicator values (2024)
- Tax revenue 12.4% (2023)
- Taxes on income, profits and capital gains 39.5% (2023)
- Taxes on goods and services 32.6% (2023)
- Net investment in nonfinancial assets 2.4% (2023)
- Net lending (+) / net borrowing (-) -1.7% (2023)
- Interest payments 21.6% (2023)
- Grants and other revenue 19.1% (2023)
- Interest payments 32.8% (2022)
- Other taxes -1.4% (2023)
Frequently asked questions
- What is taxes on international trade in Ghana?
- Taxes on international trade in Ghana was 13.93 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Ghana?
- The highest recorded value was 13.93 billion current LCU in 2023.
- What is the lowest taxes on international trade recorded in Ghana?
- The lowest recorded value was 9.28 million current LCU in 1990.
- How does Ghana rank for taxes on international trade?
- Ghana ranks 68th out of 155 countries with data for 2023.
- Is taxes on international trade rising or falling in Ghana?
- Over the last ten years it is up 497.7%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.