Effective tax rates: Corporate tax statistics … expenditure Implicit in Singapore
Singapore: Effective tax rates: Corporate tax statistics … expenditure Implicit was -13.77 Percentage of taxable income in 2025. ▬ Flat
Effective tax rates for expenditure based tax incentives - Corporate in Singapore, 2019–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2025, effective tax rates for expenditure based tax incentives - corporate in Singapore stood at -13.77 Percentage of taxable income. That is the highest value across all 7 years on record.
That represents a change of unchanged over ten years.
That places Singapore 41st out of 50 countries with data for 2025, putting it in the bottom quarter.
Effective tax rates: Corporate tax statistics … expenditure Implicit in Singapore, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2019 | -13.77 Percentage of taxable income | — |
| 2020 | -13.77 Percentage of taxable income | -0.0% |
| 2021 | -13.77 Percentage of taxable income | -0.0% |
| 2022 | -13.77 Percentage of taxable income | -0.0% |
| 2023 | -13.77 Percentage of taxable income | -0.0% |
| 2024 | -13.77 Percentage of taxable income | -0.0% |
| 2025 | -13.77 Percentage of taxable income | -0.0% |
Singapore compared with similar countries
- Singapore's -13.77 Percentage of taxable income is below the median for high income countries, which is -7.82 Percentage of taxable income, 1.8× the median. (40 countries reporting)
- Singapore's -13.77 Percentage of taxable income is below the median for East Asia & Pacific, which is -8.74 Percentage of taxable income, 1.6× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -13.77 Percentage of taxable income | -13.77 Percentage of taxable income | -13.77 Percentage of taxable income | 1 |
| 2020s | -13.77 Percentage of taxable income | -13.77 Percentage of taxable income | -13.77 Percentage of taxable income | 6 |
Countries ranked near Singapore
- 38 Czechia -11.94 Percentage of taxable income compare
- 39 Greece -12.41 Percentage of taxable income compare
- 40 Slovenia -12.54 Percentage of taxable income compare
- 42 Spain -14.53 Percentage of taxable income compare
- 43 Iceland -15 Percentage of taxable income compare
- 44 Chile -15.1 Percentage of taxable income compare
More economy & growth data for Singapore
- Real gdp growth, annual growth rate -6.01 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,066 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.451 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 778.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.63 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates for expenditure based tax incentives - corporate in Singapore?
- Effective tax rates for expenditure based tax incentives - corporate in Singapore was -13.77 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates for expenditure based tax incentives - corporate recorded in Singapore?
- The highest recorded value was -13.77 Percentage of taxable income in 2019.
- What is the lowest effective tax rates for expenditure based tax incentives - corporate recorded in Singapore?
- The lowest recorded value was -13.77 Percentage of taxable income in 2019.
- How does Singapore rank for effective tax rates for expenditure based tax incentives - corporate?
- Singapore ranks 41st out of 50 countries with data for 2025.
- Is effective tax rates for expenditure based tax incentives - corporate rising or falling in Singapore?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- 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 for expenditure based tax incentives - Corporate tax statistics — Implicit subsidy (EATR). Statizoid updates them automatically from the source API.
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About this data
This table reports synthetic tax policy indicators that capture the effect of expenditure-based R&D tax incentives on firms’ investment costs: The EATR for R&D measures the impact of taxation on R&D investments that earn an economic profit. the user cost of capital for R&D measures the return that a firm needs to realise on an R&D investment before tax to offset all costs and taxes that arise from the investment, making zero economic profit. Further methodological information is available in the explanatory annex.