Effective tax rates - Corporate tax statistics — Effective marginal in Singapore
Singapore: Effective tax rates - Corporate tax statistics — Effective marginal was 2.83 Percentage of taxable income in 2025. ▲ Rising
Effective tax rates - Corporate tax statistics — Effective marginal in Singapore, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
Singapore recorded 2.83 Percentage of taxable income for effective tax rates - corporate tax statistics — effective marginal in 2025. That is the highest value across all 9 years on record.
The figure is up 4.0% on the previous year and up 40.7% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective marginal in Singapore peaked at 2.83 Percentage of taxable income in 2025 and was at its lowest, 1.91 Percentage of taxable income, in 2020.
Singapore ranks 79th of 99 countries on this measure, in the bottom quarter.
Effective tax rates - Corporate tax statistics — Effective marginal in Singapore, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 2.01 Percentage of taxable income | — |
| 2018 | 1.95 Percentage of taxable income | -3.0% |
| 2019 | 1.93 Percentage of taxable income | -1.2% |
| 2020 | 1.91 Percentage of taxable income | -0.9% |
| 2021 | 2.01 Percentage of taxable income | +5.0% |
| 2022 | 2.28 Percentage of taxable income | +13.8% |
| 2023 | 2.59 Percentage of taxable income | +13.4% |
| 2024 | 2.72 Percentage of taxable income | +5.2% |
| 2025 | 2.83 Percentage of taxable income | +4.0% |
Singapore compared with similar countries
- Singapore's 2.83 Percentage of taxable income is below the median for high income countries, which is 20.11 Percentage of taxable income, 14% of the median. (54 countries reporting)
- Singapore's 2.83 Percentage of taxable income is below the median for East Asia & Pacific, which is 34.64 Percentage of taxable income, 8% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.96 Percentage of taxable income | 1.93 Percentage of taxable income | 2.01 Percentage of taxable income | 3 |
| 2020s | 2.39 Percentage of taxable income | 1.91 Percentage of taxable income | 2.83 Percentage of taxable income | 6 |
Countries ranked near Singapore
- 76 Qatar 7.46 Percentage of taxable income compare
- 77 Cyprus 6.67 Percentage of taxable income compare
- 78 United Kingdom of Great Britain and Northern Ireland 5.8 Percentage of taxable income compare
- 80 Netherlands 2.44 Percentage of taxable income compare
- 81 Liechtenstein 0.426 Percentage of taxable income compare
- 82 Estonia 0 Percentage of taxable income
- 82 Latvia 0 Percentage of taxable income
- 82 Bahamas 0 Percentage of taxable income
- 82 Guernsey 0 Percentage of taxable income
- 82 British Virgin Islands 0 Percentage of taxable income
- 82 Cayman Islands 0 Percentage of taxable income
- 82 Isle of Man 0 Percentage of taxable income
- 82 Jersey 0 Percentage of taxable income
- 82 Turks and Caicos Islands 0 Percentage of taxable income
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 marginal in Singapore?
- Effective tax rates - corporate tax statistics — effective marginal in Singapore was 2.83 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 marginal recorded in Singapore?
- The highest recorded value was 2.83 Percentage of taxable income in 2025.
- What is the lowest effective tax rates - corporate tax statistics — effective marginal recorded in Singapore?
- The lowest recorded value was 1.91 Percentage of taxable income in 2020.
- How does Singapore rank for effective tax rates - corporate tax statistics — effective marginal?
- Singapore ranks 79th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective marginal rising or falling in Singapore?
- Over the last ten years it is up 40.7%. 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 marginal tax rate. Statizoid updates them automatically from the source API.
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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.