Ghana’s petroleum sector has generated a cumulative US$11.97 billion since 2011, highlighting the industry’s central role in national revenue mobilisation, even as production trends indicate a gradual decline in output.
According to the 2025 Annual Report by the Public Interest and Accountability Committee (PIAC) on petroleum revenue sources, Corporate Income Tax (CIT) remains the single largest contributor, accounting for US$346.8 million, representing 45 per cent of total inflows.
Carry and Participatory Interest (CAPI) followed closely, contributing US$339.3 million, or 44 per cent of the total.
Annual revenue collection since 2011, presented by Richard Ellimah
Royalties generated US$77.6 million, representing 10.1 per cent, while other sources accounted for less than one per cent, amounting to US$6.5 million.
The figures were presented by PIAC Chairman, Richard Ellimah, during the launch of the 2025 report in Accra on Wednesday, April 8.
The data highlights a revenue structure heavily reliant on corporate taxation and capital gains, reflecting the profitability trends within the upstream petroleum sector and the financial arrangements governing production.
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