As of April 2020, Ghana had suffered some economic impacts from the coronavirus (COVID-19) pandemic. Tax revenue was equally affected, registering a shortfall of 808 million Ghanaian cedis (GHS) (approximately 138 million U.S. dollars) in import duties, and nearly 2.3 billion (around 395 million U.S. dollars) in non-oil tax revenue. Overall, as of the second quarter of 2020, the provisional and programmed non-oil tax revenue of the government stood at around 8.6 and 10.7 billion GHS (roughly 1.5 and 1.8 billion U.S. dollars), respectively. Moreover, as of the same quarter, international trade taxes stood at 1.2 billion GHS (nearly 205 million U.S. dollars) in Ghana.
Estimated financial shortfalls due to the impact of (COVID-19) on tax revenue in Ghana
(in million Ghanaian cedis)
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Deloitte. (April 1, 2020). Estimated financial shortfalls due to the impact of (COVID-19) on tax revenue in Ghana (in million Ghanaian cedis) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1198623/impact-of-covid-19-on-tax-revenue-in-ghana/
Deloitte. "Estimated financial shortfalls due to the impact of (COVID-19) on tax revenue in Ghana (in million Ghanaian cedis)." Chart. April 1, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1198623/impact-of-covid-19-on-tax-revenue-in-ghana/
Deloitte. (2020). Estimated financial shortfalls due to the impact of (COVID-19) on tax revenue in Ghana (in million Ghanaian cedis). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1198623/impact-of-covid-19-on-tax-revenue-in-ghana/
Deloitte. "Estimated Financial Shortfalls Due to The Impact of (Covid-19) on Tax Revenue in Ghana (in Million Ghanaian Cedis)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1198623/impact-of-covid-19-on-tax-revenue-in-ghana/
Deloitte, Estimated financial shortfalls due to the impact of (COVID-19) on tax revenue in Ghana (in million Ghanaian cedis) Statista, https://www.statista.com/statistics/1198623/impact-of-covid-19-on-tax-revenue-in-ghana/ (last visited November 21, 2024)
Estimated financial shortfalls due to the impact of (COVID-19) on tax revenue in Ghana (in million Ghanaian cedis) [Graph], Deloitte, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1198623/impact-of-covid-19-on-tax-revenue-in-ghana/
