Ghana ranks 18th in Africa on revenue-to-GDP at 15.7% – IFS

“In fact, if Ghana’s total revenue-to-GDP ratio in 2022 was 29.5 per cent as Botswana’s, an African country with a heavy resource endowment like Ghana, Ghana would have collected as much as GH¢181.23 billion or US$21.91 billion in total revenue and grants,” the report said — US$10.23 billion above actual collections.