Taxes less subsidies on products (current LCU), per unit of GDP in Singapore
Singapore: Taxes less subsidies on products (current LCU), per unit of GDP was 0.0747 current LCU per US$ of GDP in 2025. ▼ Falling
Latest (2025)
0.0747 current LCU per US$ of GDP
Change on year
up 4.0%
World rank
171st
of 197 countries
All-time high
0.1724 current LCU per US$ of GDP
in 1966
All-time low
0.0618 current LCU per US$ of GDP
in 2022
Years of data
66
1960–2025
Taxes less subsidies on products (current LCU), per unit of GDP in Singapore, 1960–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), per unit of gdp in Singapore is 0.0747 current LCU per US$ of GDP, measured in 2025.
Compared with earlier readings it is up 4.0% on the previous year and down 5.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Singapore peaked at 0.1724 current LCU per US$ of GDP in 1966 and was at its lowest, 0.0618 current LCU per US$ of GDP, in 2022.
That places Singapore 171st out of 197 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Singapore, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.166 current LCU per US$ of GDP | — |
| 1961 | 0.1554 current LCU per US$ of GDP | -6.4% |
| 1962 | 0.1514 current LCU per US$ of GDP | -2.5% |
| 1963 | 0.1387 current LCU per US$ of GDP | -8.4% |
| 1964 | 0.1504 current LCU per US$ of GDP | +8.4% |
| 1965 | 0.1706 current LCU per US$ of GDP | +13.4% |
| 1966 | 0.1724 current LCU per US$ of GDP | +1.0% |
| 1967 | 0.1542 current LCU per US$ of GDP | -10.5% |
| 1968 | 0.1529 current LCU per US$ of GDP | -0.8% |
| 1969 | 0.1597 current LCU per US$ of GDP | +4.4% |
| 1970 | 0.1677 current LCU per US$ of GDP | +5.0% |
| 1971 | 0.1477 current LCU per US$ of GDP | -11.9% |
| 1972 | 0.1439 current LCU per US$ of GDP | -2.6% |
| 1973 | 0.1269 current LCU per US$ of GDP | -11.8% |
| 1974 | 0.0896 current LCU per US$ of GDP | -29.4% |
| 1975 | 0.0866 current LCU per US$ of GDP | -3.4% |
| 1976 | 0.0847 current LCU per US$ of GDP | -2.1% |
| 1977 | 0.0916 current LCU per US$ of GDP | +8.1% |
| 1978 | 0.0918 current LCU per US$ of GDP | +0.2% |
| 1979 | 0.0878 current LCU per US$ of GDP | -4.4% |
| 1980 | 0.0807 current LCU per US$ of GDP | -8.1% |
| 1981 | 0.0771 current LCU per US$ of GDP | -4.4% |
| 1982 | 0.074 current LCU per US$ of GDP | -4.0% |
| 1983 | 0.0791 current LCU per US$ of GDP | +6.9% |
| 1984 | 0.079 current LCU per US$ of GDP | -0.1% |
| 1985 | 0.0803 current LCU per US$ of GDP | +1.6% |
| 1986 | 0.0778 current LCU per US$ of GDP | -3.1% |
| 1987 | 0.0866 current LCU per US$ of GDP | +11.2% |
| 1988 | 0.0939 current LCU per US$ of GDP | +8.5% |
| 1989 | 0.1044 current LCU per US$ of GDP | +11.2% |
| 1990 | 0.0904 current LCU per US$ of GDP | -13.4% |
| 1991 | 0.0745 current LCU per US$ of GDP | -17.5% |
| 1992 | 0.0823 current LCU per US$ of GDP | +10.4% |
| 1993 | 0.0918 current LCU per US$ of GDP | +11.5% |
| 1994 | 0.1022 current LCU per US$ of GDP | +11.3% |
| 1995 | 0.0956 current LCU per US$ of GDP | -6.4% |
| 1996 | 0.0877 current LCU per US$ of GDP | -8.3% |
| 1997 | 0.0916 current LCU per US$ of GDP | +4.5% |
| 1998 | 0.085 current LCU per US$ of GDP | -7.2% |
| 1999 | 0.1013 current LCU per US$ of GDP | +19.1% |
| 2000 | 0.117 current LCU per US$ of GDP | +15.5% |
| 2001 | 0.1065 current LCU per US$ of GDP | -8.9% |
| 2002 | 0.0932 current LCU per US$ of GDP | -12.5% |
| 2003 | 0.0935 current LCU per US$ of GDP | +0.3% |
| 2004 | 0.0843 current LCU per US$ of GDP | -9.8% |
| 2005 | 0.0743 current LCU per US$ of GDP | -11.8% |
| 2006 | 0.0664 current LCU per US$ of GDP | -10.6% |
| 2007 | 0.0858 current LCU per US$ of GDP | +29.1% |
| 2008 | 0.0735 current LCU per US$ of GDP | -14.3% |
| 2009 | 0.0718 current LCU per US$ of GDP | -2.3% |
| 2010 | 0.0748 current LCU per US$ of GDP | +4.1% |
| 2011 | 0.0715 current LCU per US$ of GDP | -4.4% |
| 2012 | 0.0717 current LCU per US$ of GDP | +0.3% |
| 2013 | 0.0721 current LCU per US$ of GDP | +0.6% |
| 2014 | 0.0691 current LCU per US$ of GDP | -4.2% |
| 2015 | 0.0788 current LCU per US$ of GDP | +14.0% |
| 2016 | 0.0829 current LCU per US$ of GDP | +5.2% |
| 2017 | 0.0837 current LCU per US$ of GDP | +1.0% |
| 2018 | 0.0704 current LCU per US$ of GDP | -15.9% |
| 2019 | 0.0694 current LCU per US$ of GDP | -1.4% |
| 2020 | 0.0634 current LCU per US$ of GDP | -8.6% |
| 2021 | 0.069 current LCU per US$ of GDP | +8.7% |
| 2022 | 0.0618 current LCU per US$ of GDP | -10.3% |
| 2023 | 0.0682 current LCU per US$ of GDP | +10.2% |
| 2024 | 0.0718 current LCU per US$ of GDP | +5.4% |
| 2025 | 0.0747 current LCU per US$ of GDP | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1572 current LCU per US$ of GDP | 0.1387 current LCU per US$ of GDP | 0.1724 current LCU per US$ of GDP | 10 |
| 1970s | 0.1118 current LCU per US$ of GDP | 0.0847 current LCU per US$ of GDP | 0.1677 current LCU per US$ of GDP | 10 |
| 1980s | 0.0833 current LCU per US$ of GDP | 0.074 current LCU per US$ of GDP | 0.1044 current LCU per US$ of GDP | 10 |
| 1990s | 0.0902 current LCU per US$ of GDP | 0.0745 current LCU per US$ of GDP | 0.1022 current LCU per US$ of GDP | 10 |
| 2000s | 0.0866 current LCU per US$ of GDP | 0.0664 current LCU per US$ of GDP | 0.117 current LCU per US$ of GDP | 10 |
| 2010s | 0.0744 current LCU per US$ of GDP | 0.0691 current LCU per US$ of GDP | 0.0837 current LCU per US$ of GDP | 10 |
| 2020s | 0.0681 current LCU per US$ of GDP | 0.0618 current LCU per US$ of GDP | 0.0747 current LCU per US$ of GDP | 6 |
Countries ranked near Singapore
- 168 Spain 0.0831 current LCU per US$ of GDP compare
- 169 Andorra 0.0791 current LCU per US$ of GDP compare
- 170 Ecuador 0.0765 current LCU per US$ of GDP compare
- 172 United Kingdom of Great Britain and Northern Ireland 0.0742 current LCU per US$ of GDP compare
- 173 Jordan 0.0731 current LCU per US$ of GDP compare
- 174 Malta 0.0719 current LCU per US$ of GDP 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$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Singapore?
- Taxes less subsidies on products (current lcu), per unit of gdp in Singapore was 0.0747 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Singapore?
- The highest recorded value was 0.1724 current LCU per US$ of GDP in 1966.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Singapore?
- The lowest recorded value was 0.0618 current LCU per US$ of GDP in 2022.
- How does Singapore rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Singapore ranks 171st out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Singapore?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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
Taxes less subsidies on products (current 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.