Government revenues as a share of GDP in Singapore
Singapore: Government revenues as a share of GDP was 18.4% in 2023. ▼ Falling
Government revenues as a share of GDP in Singapore, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for government revenues as a share of gdp in Singapore is 18.4%, measured in 2023.
Compared with earlier readings it is up 13.2% on the previous year and up 6.5% over ten years.
Over the whole period, government revenues as a share of gdp in Singapore peaked at 25.7% in 2000 and was at its lowest, 16.2%, in 2022.
Singapore ranks 141st of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Government revenues as a share of GDP in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 25.7% | — |
| 2001 | 24.4% | -5.2% |
| 2002 | 21.2% | -13.0% |
| 2003 | 19.4% | -8.3% |
| 2004 | 18.8% | -3.3% |
| 2005 | 18.2% | -3.2% |
| 2006 | 17.9% | -1.5% |
| 2007 | 19.2% | +7.5% |
| 2008 | 20.4% | +6.0% |
| 2009 | 17.1% | -16.5% |
| 2010 | 16.8% | -1.6% |
| 2011 | 17.0% | +1.4% |
| 2012 | 17.5% | +2.7% |
| 2013 | 17.2% | -1.4% |
| 2014 | 18.0% | +4.5% |
| 2015 | 18.0% | -0.1% |
| 2016 | 18.5% | +2.6% |
| 2017 | 20.2% | +9.3% |
| 2018 | 18.2% | -9.9% |
| 2019 | 20.9% | +14.9% |
| 2020 | 18.1% | -13.6% |
| 2021 | 17.2% | -4.5% |
| 2022 | 16.2% | -5.9% |
| 2023 | 18.4% | +13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.2% | 17.1% | 25.7% | 10 |
| 2010s | 18.2% | 16.8% | 20.9% | 10 |
| 2020s | 17.5% | 16.2% | 18.4% | 4 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 32,698 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 7.5 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.6383 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 63,070 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.18 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8345 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 82,461 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.62 % change on previous year (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Singapore?
- Government revenues as a share of gdp in Singapore was 18.4% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Singapore?
- The highest recorded value was 25.7% in 2000.
- What is the lowest government revenues as a share of gdp recorded in Singapore?
- The lowest recorded value was 16.2% in 2022.
- How does Singapore rank for government revenues as a share of gdp?
- Singapore ranks 141st out of 174 countries with data for 2023.
- Is government revenues as a share of gdp rising or falling in Singapore?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.