Tax revenue as share of GDP in Singapore
Singapore: Tax revenue as share of GDP was 14.0% in 2023. ▼ Falling
Latest (2023)
14.0%
Change on year
up 16.4%
World rank
132nd
of 192 countries
All-time high
18.9%
in 1982
All-time low
11.6%
in 2005
Years of data
44
1980–2023
Tax revenue as share of GDP in Singapore, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for tax revenue as share of gdp in Singapore is 14.0%, measured in 2023.
That represents a change of up 16.4% on the previous year and up 5.5% over ten years.
Over the whole period, tax revenue as share of gdp in Singapore peaked at 18.9% in 1982 and was at its lowest, 11.6%, in 2005.
That places Singapore 132nd out of 192 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Tax revenue as share of GDP in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 17.0% | — |
| 1981 | 17.9% | +5.2% |
| 1982 | 18.9% | +5.8% |
| 1983 | 18.8% | -0.8% |
| 1984 | 17.7% | -5.8% |
| 1985 | 15.7% | -11.3% |
| 1986 | 12.7% | -18.7% |
| 1987 | 13.1% | +2.7% |
| 1988 | 14.1% | +7.6% |
| 1989 | 15.7% | +11.5% |
| 1990 | 14.5% | -7.3% |
| 1991 | 15.2% | +4.4% |
| 1992 | 16.1% | +6.1% |
| 1993 | 16.3% | +1.2% |
| 1994 | 16.6% | +2.0% |
| 1995 | 15.8% | -5.1% |
| 1996 | 15.9% | +0.8% |
| 1997 | 15.3% | -3.7% |
| 1998 | 14.0% | -8.4% |
| 1999 | 14.5% | +3.6% |
| 2000 | 14.9% | +2.2% |
| 2001 | 14.6% | -1.8% |
| 2002 | 12.7% | -13.0% |
| 2003 | 12.4% | -1.9% |
| 2004 | 11.6% | -6.8% |
| 2005 | 11.6% | -0.2% |
| 2006 | 11.8% | +2.2% |
| 2007 | 12.8% | +8.4% |
| 2008 | 13.8% | +7.3% |
| 2009 | 13.0% | -5.8% |
| 2010 | 12.8% | -1.3% |
| 2011 | 13.1% | +2.5% |
| 2012 | 13.6% | +3.6% |
| 2013 | 13.3% | -2.3% |
| 2014 | 13.6% | +2.1% |
| 2015 | 13.1% | -3.1% |
| 2016 | 13.3% | +1.3% |
| 2017 | 14.0% | +5.1% |
| 2018 | 13.0% | -7.0% |
| 2019 | 13.2% | +1.1% |
| 2020 | 12.7% | -3.2% |
| 2021 | 12.8% | +0.6% |
| 2022 | 12.0% | -6.1% |
| 2023 | 14.0% | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.1% | 12.7% | 18.9% | 10 |
| 1990s | 15.4% | 14.0% | 16.6% | 10 |
| 2000s | 12.9% | 11.6% | 14.9% | 10 |
| 2010s | 13.3% | 12.8% | 14.0% | 10 |
| 2020s | 12.9% | 12.0% | 14.0% | 4 |
Countries ranked near Singapore
- 129 Dominican Republic 14.3% compare
- 130 Mexico 14.3% compare
- 131 Philippines 14.1% compare
- 133 Rwanda 14.0% compare
- 134 Côte d'Ivoire 13.6% compare
- 135 Ghana 13.5% compare
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 tax revenue as share of gdp in Singapore?
- Tax revenue as share of gdp in Singapore was 14.0% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Singapore?
- The highest recorded value was 18.9% in 1982.
- What is the lowest tax revenue as share of gdp recorded in Singapore?
- The lowest recorded value was 11.6% in 2005.
- How does Singapore rank for tax revenue as share of gdp?
- Singapore ranks 132nd out of 192 countries with data for 2023.
- Is tax revenue as share of gdp rising or falling in Singapore?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Direct and indirect taxes as well as social contributions included.