Annual Ghana government income from oil 2019-2023
Ghana had a crude oil production capacity of more than 173 thousand barrels per day as of May 2023.
In the second quarter of 2023, government of Ghana revenue from oil amounted to around 5.95 billion Ghanaian cedis (GHS), roughly 498 million U.S. dollars. In the full year 2022, approximately 12 billion GHS of oil revenue, some one billion U.S. dollars, was registered. Overall,