Global Revenue Statistics - Comparative tax revenues in Singapore
Singapore: Global Revenue Statistics - Comparative tax revenues was 13.42 Percentage of GDP in 2024. ▬ Flat
Global Revenue Statistics - Comparative tax revenues in Singapore, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for global revenue statistics - comparative tax revenues in Singapore is 13.42 Percentage of GDP, measured in 2024.
Compared with earlier readings it is down 0.4% on the previous year and up 0.5% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Singapore peaked at 13.97 Percentage of GDP in 2008 and was at its lowest, 11.73 Percentage of GDP, in 2022.
Singapore ranks 110th of 135 countries on this measure, in the bottom quarter.
Global Revenue Statistics - Comparative tax revenues in Singapore, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2005 | 11.78 Percentage of GDP | — |
| 2006 | 11.82 Percentage of GDP | +0.3% |
| 2007 | 13.18 Percentage of GDP | +11.6% |
| 2008 | 13.97 Percentage of GDP | +5.9% |
| 2009 | 12.39 Percentage of GDP | -11.3% |
| 2010 | 12.47 Percentage of GDP | +0.6% |
| 2011 | 12.94 Percentage of GDP | +3.8% |
| 2012 | 13.49 Percentage of GDP | +4.2% |
| 2013 | 13.18 Percentage of GDP | -2.3% |
| 2014 | 13.36 Percentage of GDP | +1.4% |
| 2015 | 13.03 Percentage of GDP | -2.4% |
| 2016 | 12.97 Percentage of GDP | -0.5% |
| 2017 | 13.77 Percentage of GDP | +6.1% |
| 2018 | 12.87 Percentage of GDP | -6.5% |
| 2019 | 13.16 Percentage of GDP | +2.3% |
| 2020 | 12.4 Percentage of GDP | -5.8% |
| 2021 | 11.97 Percentage of GDP | -3.5% |
| 2022 | 11.73 Percentage of GDP | -2.0% |
| 2023 | 13.48 Percentage of GDP | +14.9% |
| 2024 | 13.42 Percentage of GDP | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.63 Percentage of GDP | 11.78 Percentage of GDP | 13.97 Percentage of GDP | 5 |
| 2010s | 13.12 Percentage of GDP | 12.47 Percentage of GDP | 13.77 Percentage of GDP | 10 |
| 2020s | 12.6 Percentage of GDP | 11.73 Percentage of GDP | 13.48 Percentage of GDP | 5 |
Countries ranked near Singapore
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)
- Industry (including construction), value added (constant 2015 US$) 7.58 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1864 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 18,421 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.58 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2563 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 25,326 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 3.17 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7159 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Singapore?
- Global revenue statistics - comparative tax revenues in Singapore was 13.42 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Singapore?
- The highest recorded value was 13.97 Percentage of GDP in 2008.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Singapore?
- The lowest recorded value was 11.73 Percentage of GDP in 2022.
- How does Singapore rank for global revenue statistics - comparative tax revenues?
- Singapore ranks 110th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Singapore?
- Over the last ten years it is up 0.5%. 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 Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.