New Zealand vs Singapore: Taxes less subsidies on products

New Zealand
29.45 billion constant LCU
in 2024
Singapore
29.97 billion constant LCU
in 2025
New Zealand rank
98th
Singapore rank
97th

Taxes less subsidies on products over time

  • New Zealand
  • Singapore
010.0B20.0B30.0B196019922025

How they compare

Singapore currently reports 29.97 billion constant LCU against 29.45 billion constant LCU in New Zealand, a difference of 520.70 million constant LCU.

The two have swapped places 8 times across 48 shared years of data; in 1977 it was New Zealand ahead.

New Zealand ranks 98th and Singapore ranks 97th of 189 countries.

Across the 6 decades both report, New Zealand averaged higher in 3 and Singapore in 3.

Head to head by decade

Decade New Zealand Singapore Difference Ahead
1970s 7.20 billion constant LCU 3.82 billion constant LCU 3.38 billion constant LCU New Zealand
1980s 8.62 billion constant LCU 6.23 billion constant LCU 2.39 billion constant LCU New Zealand
1990s 12.30 billion constant LCU 12.56 billion constant LCU 259.07 million constant LCU Singapore
2000s 18.33 billion constant LCU 19.13 billion constant LCU 800.96 million constant LCU Singapore
2010s 23.73 billion constant LCU 24.95 billion constant LCU 1.22 billion constant LCU Singapore
2020s 29.07 billion constant LCU 26.66 billion constant LCU 2.40 billion constant LCU New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, New Zealand or Singapore?
Singapore, at 29.97 billion constant LCU against 29.45 billion constant LCU in New Zealand as of 2025.
What is the difference in taxes less subsidies on products between New Zealand and Singapore?
520.70 million constant LCU, with Singapore ahead.
How many years of comparable data are there for New Zealand and Singapore?
48 years are reported by both, from 1977 to 2024.
How do New Zealand and Singapore rank globally for taxes less subsidies on products?
New Zealand ranks 98th and Singapore ranks 97th of 189 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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New Zealand vs Singapore: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu/new-zealand/singapore/

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About this data

Indicator
Taxes less subsidies on products (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 7,356 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.