{
  "id": 18970133,
  "title": "Ghana ranks 18th in Sub-Saharan Africa in terms of total revenue-to-GDP ratio",
  "url": "https://urgent.news/2026/11/08/ghana-ranks-18th-in-sub-saharan-africa-in-terms-of-total-revenue-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-08T15:55:19.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/ghana-ranks-18th-in-sub-saharan-africa-in-terms-of-total-revenue-to-gdp-ratio/"
  },
  "original_language": "en",
  "account": "In 2022, Ghana ranked 18th among 25 Sub-Saharan African countries in terms of the total revenue-to-GDP ratio, according to the Institute for Fiscal Studies (IFS). Ghana's revenue-to-GDP ratio stood at 15.7%, which is significantly lower than the Sub-Saharan African average of 20.1%. Namibia topped the list with a revenue-to-GDP ratio of 31.3%, followed by Seychelles (30.0%) and Botswana (29.5%).\n\nGhana's revenue mobilization was found to be weak, as its revenue was considerably lower than the average of its peers in Africa. The IFS noted that while the average revenue-to-GDP ratio of the 25 Sub-Saharan African countries was 20.1%, Ghana's ratio was only 15.7%, placing the country 18th out of the 25.\n\nThe consequences of Ghana's low revenue-to-GDP ratio are significant. If Ghana matched the Sub-Saharan African average ratio, it could have collected an additional US$3.25 billion in revenue in 2022. In fact, even if Ghana's ratio were as high as Botswana's 29.5%, the country could have collected up to US$10.23 billion more in revenue. This amounts to a substantial increase in the government's potential revenue collection.",
  "summary": "Namibia recorded the highest revenue-to-GDP ratio of 31.3% in Sub-Saharan Africa, followed by Seychelles (30.0%) in 3rd position and Botswana (29.5%) in 4th position.",
  "key_points": [
    "Ghana ranked 18th in Sub-Saharan Africa for revenue-to-GDP ratio in 2022",
    "Ghana's ratio was 15.7%, below Sub-Saharan average of 20.1%",
    "Ghana could have collected $3.25B more with average Sub-Saharan ratio"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}