Paying taxes: Profit tax in Ghana
Ghana: Paying taxes: Profit tax was 10.0% in 2019. ▼ Falling
Paying taxes: Profit tax in Ghana, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Ghana stood at 10.0%. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 43.5% on the previous year and down 43.2% over ten years.
Over the whole period, paying taxes: profit tax in Ghana peaked at 24.8% in 2005 and was at its lowest, 10.0%, in 2019.
That places Ghana 138th out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Ghana, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 24.8% | — |
| 2006 | 21.0% | -15.3% |
| 2007 | 17.9% | -14.8% |
| 2008 | 17.6% | -1.7% |
| 2009 | 17.6% | +0.0% |
| 2010 | 17.6% | +0.0% |
| 2011 | 18.0% | +2.3% |
| 2012 | 18.0% | +0.0% |
| 2013 | 18.0% | +0.0% |
| 2014 | 18.0% | +0.0% |
| 2015 | 18.0% | +0.0% |
| 2016 | 18.0% | +0.0% |
| 2017 | 18.5% | +2.8% |
| 2018 | 17.7% | -4.3% |
| 2019 | 10.0% | -43.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.8% | 17.6% | 24.8% | 5 |
| 2010s | 17.2% | 10.0% | 18.5% | 10 |
Countries ranked near Ghana
More reference data data for Ghana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2805 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.69 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1989 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.69 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.9405 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9478 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 8.22 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.64 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.08 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Ghana?
- Paying taxes: profit tax in Ghana was 10.0% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Ghana?
- The highest recorded value was 24.8% in 2005.
- What is the lowest paying taxes: profit tax recorded in Ghana?
- The lowest recorded value was 10.0% in 2019.
- How does Ghana rank for paying taxes: profit tax?
- Ghana ranks 138th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Ghana?
- Over the last ten years it is down 43.2%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.