This table provides metadata for the actual indicator available from Ghana statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Ghana statistics, this table should be consulted for information on national methodology and other Ghana-specific metadata information.
| Goal |
Goal 17: Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development |
|---|---|
| Target |
Target 17.1: Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection |
| Indicator |
Indicator 17.1.1: Total government revenue as a proportion of GDP, by source |
| Related indicators |
17.1.2 |
| Definition and concepts |
Definition: Revenue is defined as an increase in net worth resulting from a transaction. It is a fiscal indicator for assessing the sustainability of fiscal activities. General government units have four types of revenue. The major types of revenue are taxes (GFS code 11), social contributions (GFS code 12), grants (GFS code 13), and other revenue (GFS code 14). Of these, compulsory levies and transfers are the main sources of revenue for most general government units. Concepts: The transactions and the associated classifications are detailed in Chapter 5 of GFSM 2014 and are structured to demonstrate how general government (and public sector) units raise revenue. |
| Unit of measure |
Percentage (%) |
| Data sources |
Ministry of Finance (MoF) Fiscal Data |
| Data providers |
Ministry of Finance and Economic Planning (MOFEP) |
| Rationale |
Fiscal policy is the use of the level and composition of the general government and public sectors’ spending and revenue—and the related accumulation of government assets and liabilities—to achieve such goals as the stabilization of the economy, the reallocation of resources, and the redistribution of income. The indicator will provide analysts with a cross-country comparable dataset that highlights the relationship between the four main types of revenue as well as the relative "tax burden" (revenue in the form of taxes) and “fiscal burden” (revenue in the form of taxes plus social contributions). |
| Data availability and disaggregation |
There is no available disaggregation for this indicator. |
| References and Documentation |
https://unstats.un.org/sdgs/metadata/files/Metadata-17-01-01.pdf |
| Metadata last updated | Nov 15, 2022 |