How does Singapore rank for taxes less subsidies on products (constant lcu), per unit of gdp?

Singapore ranks 163rd out of 189 countries with data for 2025.

Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Singapore?

Over the last ten years it is down 37.0%. The long-run trend across the full record is volatile.

Taxes less subsidies on products (constant LCU), per unit of GDP in Singapore

Name: Taxes less subsidies on products (constant LCU), per unit of GDP in Singapore
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Singapore: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0496 constant LCU per US$ of GDP in 2025. ◆ Volatile

Latest (2025)

0.0496 constant LCU per US$ of GDP

Change on year

up 0.7%

World rank

163rd

of 189 countries

All-time high

1.73 constant LCU per US$ of GDP

in 1960

All-time low

0.0493 constant LCU per US$ of GDP

in 2024

Years of data

1960–2025

Taxes less subsidies on products (constant LCU), per unit of GDP in Singapore, 1960–2025

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

In 2025, taxes less subsidies on products (constant lcu), per unit of gdp in Singapore stood at 0.0496 constant LCU per US$ of GDP.

That represents a change of up 0.7% on the previous year and down 37.0% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Singapore peaked at 1.73 constant LCU per US$ of GDP in 1960 and was at its lowest, 0.0493 constant LCU per US$ of GDP, in 2024.

Singapore ranks 163rd of 189 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes less subsidies on products (constant LCU), per unit of GDP in Singapore, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in Singapore, 1960 to 2025.
Year	constant LCU per US$ of GDP	Change
1960	1.73 constant LCU per US$ of GDP	—
1961	1.62 constant LCU per US$ of GDP	-6.2%
1962	1.58 constant LCU per US$ of GDP	-2.5%
1963	1.44 constant LCU per US$ of GDP	-9.2%
1964	1.54 constant LCU per US$ of GDP	+7.1%
1965	1.72 constant LCU per US$ of GDP	+11.7%
1966	1.72 constant LCU per US$ of GDP	+0.0%
1967	1.52 constant LCU per US$ of GDP	-11.4%
1968	1.33 constant LCU per US$ of GDP	-12.6%
1969	1.33 constant LCU per US$ of GDP	-0.2%
1970	1.35 constant LCU per US$ of GDP	+2.0%
1971	1.18 constant LCU per US$ of GDP	-12.7%
1972	1.13 constant LCU per US$ of GDP	-4.3%
1973	0.908 constant LCU per US$ of GDP	-19.7%
1974	0.6008 constant LCU per US$ of GDP	-33.8%
1975	0.5522 constant LCU per US$ of GDP	-8.1%
1976	0.5123 constant LCU per US$ of GDP	-7.2%
1977	0.5298 constant LCU per US$ of GDP	+3.4%
1978	0.4975 constant LCU per US$ of GDP	-6.1%
1979	0.4548 constant LCU per US$ of GDP	-8.6%
1980	0.3921 constant LCU per US$ of GDP	-13.8%
1981	0.3511 constant LCU per US$ of GDP	-10.4%
1982	0.3314 constant LCU per US$ of GDP	-5.6%
1983	0.3219 constant LCU per US$ of GDP	-2.9%
1984	0.3043 constant LCU per US$ of GDP	-5.5%
1985	0.3134 constant LCU per US$ of GDP	+3.0%
1986	0.326 constant LCU per US$ of GDP	+4.0%
1987	0.3293 constant LCU per US$ of GDP	+1.0%
1988	0.3013 constant LCU per US$ of GDP	-8.5%
1989	0.2958 constant LCU per US$ of GDP	-1.8%
1990	0.2677 constant LCU per US$ of GDP	-9.5%
1991	0.2123 constant LCU per US$ of GDP	-20.7%
1992	0.202 constant LCU per US$ of GDP	-4.8%
1993	0.1963 constant LCU per US$ of GDP	-2.8%
1994	0.1722 constant LCU per US$ of GDP	-12.3%
1995	0.1525 constant LCU per US$ of GDP	-11.5%
1996	0.1454 constant LCU per US$ of GDP	-4.6%
1997	0.1501 constant LCU per US$ of GDP	+3.2%
1998	0.161 constant LCU per US$ of GDP	+7.3%
1999	0.1729 constant LCU per US$ of GDP	+7.4%
2000	0.1702 constant LCU per US$ of GDP	-1.5%
2001	0.1744 constant LCU per US$ of GDP	+2.5%
2002	0.1715 constant LCU per US$ of GDP	-1.7%
2003	0.1712 constant LCU per US$ of GDP	-0.2%
2004	0.1613 constant LCU per US$ of GDP	-5.7%
2005	0.1524 constant LCU per US$ of GDP	-5.6%
2006	0.1414 constant LCU per US$ of GDP	-7.2%
2007	0.1381 constant LCU per US$ of GDP	-2.3%
2008	0.1094 constant LCU per US$ of GDP	-20.8%
2009	0.1106 constant LCU per US$ of GDP	+1.1%
2010	0.0941 constant LCU per US$ of GDP	-14.9%
2011	0.079 constant LCU per US$ of GDP	-16.1%
2012	0.0771 constant LCU per US$ of GDP	-2.4%
2013	0.0709 constant LCU per US$ of GDP	-8.0%
2014	0.0693 constant LCU per US$ of GDP	-2.3%
2015	0.0788 constant LCU per US$ of GDP	+13.6%
2016	0.0858 constant LCU per US$ of GDP	+8.9%
2017	0.0845 constant LCU per US$ of GDP	-1.5%
2018	0.0756 constant LCU per US$ of GDP	-10.5%
2019	0.077 constant LCU per US$ of GDP	+1.9%
2020	0.0693 constant LCU per US$ of GDP	-10.0%
2021	0.0628 constant LCU per US$ of GDP	-9.4%
2022	0.0511 constant LCU per US$ of GDP	-18.6%
2023	0.0523 constant LCU per US$ of GDP	+2.2%
2024	0.0493 constant LCU per US$ of GDP	-5.6%
2025	0.0496 constant LCU per US$ of GDP	+0.7%

Singapore compared with similar countries

Singapore's 0.0496 constant LCU per US$ of GDP is below the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 56% of the median. (66 countries reporting)
Singapore's 0.0496 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 35% of the median. (24 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	1.55 constant LCU per US$ of GDP	1.33 constant LCU per US$ of GDP	1.73 constant LCU per US$ of GDP	10
1970s	0.7722 constant LCU per US$ of GDP	0.4548 constant LCU per US$ of GDP	1.35 constant LCU per US$ of GDP	10
1980s	0.3267 constant LCU per US$ of GDP	0.2958 constant LCU per US$ of GDP	0.3921 constant LCU per US$ of GDP	10
1990s	0.1832 constant LCU per US$ of GDP	0.1454 constant LCU per US$ of GDP	0.2677 constant LCU per US$ of GDP	10
2000s	0.1501 constant LCU per US$ of GDP	0.1094 constant LCU per US$ of GDP	0.1744 constant LCU per US$ of GDP	10
2010s	0.0792 constant LCU per US$ of GDP	0.0693 constant LCU per US$ of GDP	0.0941 constant LCU per US$ of GDP	10
2020s	0.0557 constant LCU per US$ of GDP	0.0493 constant LCU per US$ of GDP	0.0693 constant LCU per US$ of GDP	6

Countries ranked near Singapore

160 Eritrea 0.0537 constant LCU per US$ of GDP compare
161 San Marino 0.0512 constant LCU per US$ of GDP compare
162 Greenland 0.051 constant LCU per US$ of GDP compare
164 Malaysia 0.0479 constant LCU per US$ of GDP compare
165 Ecuador 0.0462 constant LCU per US$ of GDP compare
166 Micronesia (country) 0.0449 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

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)

All data for Singapore →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in Singapore?: Taxes less subsidies on products (constant lcu), per unit of gdp in Singapore was 0.0496 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Singapore?: The highest recorded value was 1.73 constant LCU per US$ of GDP in 1960.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Singapore?: The lowest recorded value was 0.0493 constant LCU per US$ of GDP in 2024.
How does Singapore rank for taxes less subsidies on products (constant lcu), per unit of gdp?: Singapore ranks 163rd out of 189 countries with data for 2025.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Singapore?: Over the last ten years it is down 37.0%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?: The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (constant LCU), per unit of GDP in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/singapore/

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How this figure is calculated

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Taxes less subsidies on products (constant LCU), per unit of GDP
Unit: constant LCU per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 190 places, 7,344 data points, 1960–2025
Last refreshed: 17 September 2026

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.