Revenue Statistics in Asia and the Pacific - Comparative tax and in Singapore
Singapore: Revenue Statistics in Asia and the Pacific - Comparative tax and was 13.42 Percentage of GDP in 2024. ▬ Flat
Revenue Statistics in Asia and the Pacific - Comparative tax and in Singapore, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Singapore recorded 13.42 Percentage of GDP for revenue statistics in asia and the pacific - comparative tax and 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, revenue statistics in asia and the pacific - comparative tax and in Singapore peaked at 13.97 Percentage of GDP in 2008 and was at its lowest, 11.73 Percentage of GDP, in 2022.
That places Singapore 26th out of 35 countries with data for 2024, putting it in the middle of the range.
Revenue Statistics in Asia and the Pacific - Comparative tax and 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% |
Singapore compared with similar countries
- Singapore's 13.42 Percentage of GDP is below the median for high income countries, which is 22.48 Percentage of GDP, 60% of the median. (6 countries reporting)
- Singapore's 13.42 Percentage of GDP is below the median for East Asia & Pacific, which is 17.97 Percentage of GDP, 75% of the median. (22 countries reporting)
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)
- 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 revenue statistics in asia and the pacific - comparative tax and in Singapore?
- Revenue statistics in asia and the pacific - comparative tax and in Singapore was 13.42 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Singapore?
- The highest recorded value was 13.97 Percentage of GDP in 2008.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Singapore?
- The lowest recorded value was 11.73 Percentage of GDP in 2022.
- How does Singapore rank for revenue statistics in asia and the pacific - comparative tax and?
- Singapore ranks 26th out of 35 countries with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and 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 Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues 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, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.