The government is anticipated to record GH¢225.9 billion in total revenue, or roughly 16.0% of GDP for 2025

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Government of Ghana is expected to record a total revenue of GH¢225.9 billion, about 16.0% of Gross Domestic Product in 2025.

This will be slightly below the government’s revised downward target of GH¢226.5 billion.

According to a leading financial and market research firm, IC Research, an expected boost in tax revenue in the 4th quarter of 2025 will partly close the gap observed in nine months of 2025 as year-end seasonality drives imports and consumer spending.

In its assessment of the 2026 Budget, it said, “Our assessment of the 9M2025 [9 months] outturn revealed continued risk of revenue underperformance with a 4.7% (GH¢7.7 billion) shortfall recorded against the period target.

Source: newsthemegh.com