Effective tax rates - Corporate tax statistics — Effective average in Singapore
Singapore: Effective tax rates - Corporate tax statistics — Effective average was 13.97 Percentage of taxable income in 2025. ▲ Rising
Effective tax rates - Corporate tax statistics — Effective average in Singapore, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
Singapore recorded 13.97 Percentage of taxable income for effective tax rates - corporate tax statistics — effective average in 2025. That is the highest value across all 9 years on record.
The figure is up 0.1% on the previous year and up 17.1% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective average in Singapore peaked at 13.97 Percentage of taxable income in 2025 and was at its lowest, 11.54 Percentage of taxable income, in 2019.
Singapore ranks 80th of 99 countries on this measure, in the bottom quarter.
Effective tax rates - Corporate tax statistics — Effective average in Singapore, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 11.93 Percentage of taxable income | — |
| 2018 | 11.56 Percentage of taxable income | -3.1% |
| 2019 | 11.54 Percentage of taxable income | -0.1% |
| 2020 | 11.81 Percentage of taxable income | +2.3% |
| 2021 | 12.37 Percentage of taxable income | +4.8% |
| 2022 | 13.24 Percentage of taxable income | +7.1% |
| 2023 | 13.85 Percentage of taxable income | +4.6% |
| 2024 | 13.96 Percentage of taxable income | +0.8% |
| 2025 | 13.97 Percentage of taxable income | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.67 Percentage of taxable income | 11.54 Percentage of taxable income | 11.93 Percentage of taxable income | 3 |
| 2020s | 13.2 Percentage of taxable income | 11.81 Percentage of taxable income | 13.97 Percentage of taxable income | 6 |
Countries ranked near Singapore
- 77 Ireland 16.03 Percentage of taxable income compare
- 78 Poland 15.2 Percentage of taxable income compare
- 79 Hungary 15.04 Percentage of taxable income compare
- 81 Romania 13.06 Percentage of taxable income compare
- 82 North Macedonia 11.47 Percentage of taxable income compare
- 83 Paraguay 11.45 Percentage of taxable income compare
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates - corporate tax statistics — effective average in Singapore?
- Effective tax rates - corporate tax statistics — effective average in Singapore was 13.97 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates - corporate tax statistics — effective average recorded in Singapore?
- The highest recorded value was 13.97 Percentage of taxable income in 2025.
- What is the lowest effective tax rates - corporate tax statistics — effective average recorded in Singapore?
- The lowest recorded value was 11.54 Percentage of taxable income in 2019.
- How does Singapore rank for effective tax rates - corporate tax statistics — effective average?
- Singapore ranks 80th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective average rising or falling in Singapore?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.