Ghana - Taxes on income
Taxes on income, profits and capital gains (current LCU)
The value for Taxes on income, profits and capital gains (current LCU) in Ghana was 22,683,100,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 22,683,100,000 in 2019 and a minimum value of 5,514,300 in 1990.
Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
Year | Value |
---|---|
1990 | 5,514,300 |
1991 | 6,244,400 |
1992 | 6,210,100 |
1993 | 11,029,900 |
2001 | 212,374,700 |
2002 | 279,539,400 |
2003 | 356,795,000 |
2004 | 485,753,000 |
2005 | 609,201,600 |
2006 | 658,187,400 |
2007 | 857,441,800 |
2008 | 1,134,757,000 |
2009 | 1,538,305,000 |
2010 | 2,194,970,000 |
2011 | 3,192,750,000 |
2012 | 5,536,216,000 |
2013 | 6,301,734,000 |
2016 | 9,106,902,000 |
2017 | 13,398,090,000 |
2018 | 18,776,430,000 |
2019 | 22,683,100,000 |
Taxes on income, profits and capital gains (% of revenue)
Taxes on income, profits and capital gains (% of revenue) in Ghana was 42.49 as of 2019. Its highest value over the past 29 years was 42.49 in 2019, while its lowest value was 15.23 in 1993.
Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
Year | Value |
---|---|
1990 | 20.63 |
1991 | 15.99 |
1992 | 16.96 |
1993 | 15.23 |
2001 | 22.31 |
2002 | 27.08 |
2003 | 21.75 |
2004 | 19.47 |
2005 | 20.77 |
2006 | 20.13 |
2007 | 18.74 |
2008 | 20.14 |
2009 | 22.61 |
2010 | 24.78 |
2011 | 24.68 |
2012 | 35.20 |
2013 | 34.16 |
2016 | 28.25 |
2017 | 33.75 |
2018 | 39.42 |
2019 | 42.49 |
Taxes on income, profits and capital gains (% of total taxes)
Taxes on income, profits and capital gains (% of total taxes) in Ghana was 52.84 as of 2019. Its highest value over the past 29 years was 52.84 in 2019, while its lowest value was 19.55 in 1991.
Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
Year | Value |
---|---|
1990 | 25.10 |
1991 | 19.55 |
1992 | 20.57 |
1993 | 21.66 |
2001 | 32.45 |
2002 | 32.70 |
2003 | 29.19 |
2004 | 27.95 |
2005 | 29.38 |
2006 | 27.47 |
2007 | 26.68 |
2008 | 27.06 |
2009 | 33.33 |
2010 | 35.61 |
2011 | 35.91 |
2012 | 47.83 |
2013 | 47.44 |
2016 | 37.50 |
2017 | 44.04 |
2018 | 49.69 |
2019 | 52.84 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance