Abstract:
Ghana's economy has been recovering significantly in recent years after a period of severe macro-economic stress between 2020 and 2023 that was characterised by slow growth, rising public debt, high inflation and a sharp depreciation of the local currency. Gross domestic product (GDP) growth reached 5.8% and 6% in 2024 and 2025, respectively, and inflation fell to a low of 3.2% in March 2026. The quest to deepen domestic revenue mobilisation has been one of the central pillars in the macro-economic stabilisation agenda. In the context of its revenue mobilisation goals, the design of the country's tax system is a crucial issue for policymakers. This report is an update of earlier reports that provided a comprehensive overview of Ghana's tax system (Iddrisu et al., 2021a, 2024). Together, these reports are intended as a repository of key information on the Ghanaian tax system for researchers, policymakers and the public. Throughout the report, we highlight notable revenue and policy trends and patterns.
