R&D tax expenditure and direct government funding of BERD in Singapore
Singapore: R&D tax expenditure and direct government funding of BERD was 0.0352 Percentage of GDP in 2023. ▼ Falling
R&D tax expenditure and direct government funding of BERD in Singapore, 2000–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2023, r&d tax expenditure and direct government funding of berd in Singapore stood at 0.0352 Percentage of GDP.
The figure is up 35.4% on the previous year and down 53.0% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Singapore peaked at 0.11 Percentage of GDP in 2002 and was at its lowest, 0.026 Percentage of GDP, in 2022.
Singapore ranks 25th of 38 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
R&D tax expenditure and direct government funding of BERD in Singapore, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.0876 Percentage of GDP | — |
| 2001 | 0.083 Percentage of GDP | -5.3% |
| 2002 | 0.11 Percentage of GDP | +32.5% |
| 2003 | 0.0908 Percentage of GDP | -17.5% |
| 2004 | 0.0842 Percentage of GDP | -7.3% |
| 2005 | 0.0889 Percentage of GDP | +5.6% |
| 2006 | 0.0853 Percentage of GDP | -4.0% |
| 2007 | 0.0836 Percentage of GDP | -2.0% |
| 2008 | 0.1003 Percentage of GDP | +20.0% |
| 2009 | 0.1093 Percentage of GDP | +9.0% |
| 2010 | 0.0837 Percentage of GDP | -23.4% |
| 2011 | 0.0741 Percentage of GDP | -11.5% |
| 2012 | 0.0727 Percentage of GDP | -1.9% |
| 2013 | 0.0749 Percentage of GDP | +3.0% |
| 2014 | 0.0674 Percentage of GDP | -10.0% |
| 2015 | 0.0595 Percentage of GDP | -11.7% |
| 2016 | 0.0596 Percentage of GDP | +0.2% |
| 2017 | 0.0519 Percentage of GDP | -12.9% |
| 2018 | 0.0474 Percentage of GDP | -8.7% |
| 2019 | 0.0517 Percentage of GDP | +9.1% |
| 2020 | 0.0611 Percentage of GDP | +18.2% |
| 2021 | 0.0404 Percentage of GDP | -33.9% |
| 2022 | 0.026 Percentage of GDP | -35.6% |
| 2023 | 0.0352 Percentage of GDP | +35.4% |
Singapore compared with similar countries
- Singapore's 0.0352 Percentage of GDP is below the median for high income countries, which is 0.0556 Percentage of GDP, 63% of the median. (31 countries reporting)
- Singapore's 0.0352 Percentage of GDP is below the median for East Asia & Pacific, which is 0.0434 Percentage of GDP, 81% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0923 Percentage of GDP | 0.083 Percentage of GDP | 0.11 Percentage of GDP | 10 |
| 2010s | 0.0643 Percentage of GDP | 0.0474 Percentage of GDP | 0.0837 Percentage of GDP | 10 |
| 2020s | 0.0407 Percentage of GDP | 0.026 Percentage of GDP | 0.0611 Percentage of GDP | 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)
- 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 r&d tax expenditure and direct government funding of berd in Singapore?
- R&d tax expenditure and direct government funding of berd in Singapore was 0.0352 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest r&d tax expenditure and direct government funding of berd recorded in Singapore?
- The highest recorded value was 0.11 Percentage of GDP in 2002.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Singapore?
- The lowest recorded value was 0.026 Percentage of GDP in 2022.
- How does Singapore rank for r&d tax expenditure and direct government funding of berd?
- Singapore ranks 25th out of 38 countries with data for 2023.
- Is r&d tax expenditure and direct government funding of berd rising or falling in Singapore?
- Over the last ten years it is down 53.0%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of R&D tax expenditure and direct government funding of BERD — Government-financed BERD. Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.