Taxes less subsidies on products (current US$), per unit of GDP in Singapore
Singapore: Taxes less subsidies on products (current US$), per unit of GDP was 0.0571 current US$ per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Singapore, 1960–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Singapore recorded 0.0571 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2025.
The figure is up 6.3% on the previous year and down 0.3% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Singapore peaked at 0.0678 current US$ per US$ of GDP in 2000 and was at its lowest, 0.035 current US$ per US$ of GDP, in 1982.
That places Singapore 137th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Singapore, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0542 current US$ per US$ of GDP | — |
| 1961 | 0.0508 current US$ per US$ of GDP | -6.4% |
| 1962 | 0.0495 current US$ per US$ of GDP | -2.5% |
| 1963 | 0.0453 current US$ per US$ of GDP | -8.4% |
| 1964 | 0.0491 current US$ per US$ of GDP | +8.4% |
| 1965 | 0.0557 current US$ per US$ of GDP | +13.4% |
| 1966 | 0.0563 current US$ per US$ of GDP | +1.0% |
| 1967 | 0.0504 current US$ per US$ of GDP | -10.5% |
| 1968 | 0.0499 current US$ per US$ of GDP | -0.8% |
| 1969 | 0.0522 current US$ per US$ of GDP | +4.4% |
| 1970 | 0.0548 current US$ per US$ of GDP | +5.0% |
| 1971 | 0.0482 current US$ per US$ of GDP | -11.9% |
| 1972 | 0.0472 current US$ per US$ of GDP | -2.2% |
| 1973 | 0.0451 current US$ per US$ of GDP | -4.3% |
| 1974 | 0.0365 current US$ per US$ of GDP | -19.2% |
| 1975 | 0.0355 current US$ per US$ of GDP | -2.6% |
| 1976 | 0.0357 current US$ per US$ of GDP | +0.6% |
| 1977 | 0.0371 current US$ per US$ of GDP | +3.8% |
| 1978 | 0.0376 current US$ per US$ of GDP | +1.5% |
| 1979 | 0.0386 current US$ per US$ of GDP | +2.6% |
| 1980 | 0.0371 current US$ per US$ of GDP | -3.9% |
| 1981 | 0.036 current US$ per US$ of GDP | -3.0% |
| 1982 | 0.035 current US$ per US$ of GDP | -2.7% |
| 1983 | 0.037 current US$ per US$ of GDP | +5.5% |
| 1984 | 0.0374 current US$ per US$ of GDP | +1.2% |
| 1985 | 0.0376 current US$ per US$ of GDP | +0.7% |
| 1986 | 0.0354 current US$ per US$ of GDP | -6.0% |
| 1987 | 0.0398 current US$ per US$ of GDP | +12.4% |
| 1988 | 0.0446 current US$ per US$ of GDP | +12.2% |
| 1989 | 0.0519 current US$ per US$ of GDP | +16.4% |
| 1990 | 0.0464 current US$ per US$ of GDP | -10.7% |
| 1991 | 0.0431 current US$ per US$ of GDP | -6.9% |
| 1992 | 0.0505 current US$ per US$ of GDP | +17.1% |
| 1993 | 0.0568 current US$ per US$ of GDP | +12.4% |
| 1994 | 0.0669 current US$ per US$ of GDP | +17.7% |
| 1995 | 0.0674 current US$ per US$ of GDP | +0.8% |
| 1996 | 0.0622 current US$ per US$ of GDP | -7.8% |
| 1997 | 0.0617 current US$ per US$ of GDP | -0.8% |
| 1998 | 0.0508 current US$ per US$ of GDP | -17.6% |
| 1999 | 0.0597 current US$ per US$ of GDP | +17.6% |
| 2000 | 0.0678 current US$ per US$ of GDP | +13.6% |
| 2001 | 0.0594 current US$ per US$ of GDP | -12.4% |
| 2002 | 0.0521 current US$ per US$ of GDP | -12.4% |
| 2003 | 0.0537 current US$ per US$ of GDP | +3.1% |
| 2004 | 0.0499 current US$ per US$ of GDP | -7.1% |
| 2005 | 0.0446 current US$ per US$ of GDP | -10.5% |
| 2006 | 0.0418 current US$ per US$ of GDP | -6.4% |
| 2007 | 0.0569 current US$ per US$ of GDP | +36.2% |
| 2008 | 0.052 current US$ per US$ of GDP | -8.7% |
| 2009 | 0.0494 current US$ per US$ of GDP | -5.0% |
| 2010 | 0.0548 current US$ per US$ of GDP | +11.1% |
| 2011 | 0.0568 current US$ per US$ of GDP | +3.6% |
| 2012 | 0.0574 current US$ per US$ of GDP | +0.9% |
| 2013 | 0.0576 current US$ per US$ of GDP | +0.4% |
| 2014 | 0.0545 current US$ per US$ of GDP | -5.4% |
| 2015 | 0.0573 current US$ per US$ of GDP | +5.1% |
| 2016 | 0.06 current US$ per US$ of GDP | +4.7% |
| 2017 | 0.0606 current US$ per US$ of GDP | +1.1% |
| 2018 | 0.0522 current US$ per US$ of GDP | -13.9% |
| 2019 | 0.0509 current US$ per US$ of GDP | -2.6% |
| 2020 | 0.046 current US$ per US$ of GDP | -9.6% |
| 2021 | 0.0513 current US$ per US$ of GDP | +11.7% |
| 2022 | 0.0449 current US$ per US$ of GDP | -12.6% |
| 2023 | 0.0508 current US$ per US$ of GDP | +13.2% |
| 2024 | 0.0537 current US$ per US$ of GDP | +5.9% |
| 2025 | 0.0571 current US$ per US$ of GDP | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0513 current US$ per US$ of GDP | 0.0453 current US$ per US$ of GDP | 0.0563 current US$ per US$ of GDP | 10 |
| 1970s | 0.0416 current US$ per US$ of GDP | 0.0355 current US$ per US$ of GDP | 0.0548 current US$ per US$ of GDP | 10 |
| 1980s | 0.0392 current US$ per US$ of GDP | 0.035 current US$ per US$ of GDP | 0.0519 current US$ per US$ of GDP | 10 |
| 1990s | 0.0566 current US$ per US$ of GDP | 0.0431 current US$ per US$ of GDP | 0.0674 current US$ per US$ of GDP | 10 |
| 2000s | 0.0528 current US$ per US$ of GDP | 0.0418 current US$ per US$ of GDP | 0.0678 current US$ per US$ of GDP | 10 |
| 2010s | 0.0562 current US$ per US$ of GDP | 0.0509 current US$ per US$ of GDP | 0.0606 current US$ per US$ of GDP | 10 |
| 2020s | 0.0506 current US$ per US$ of GDP | 0.0449 current US$ per US$ of GDP | 0.0571 current US$ per US$ of GDP | 6 |
Countries ranked near Singapore
- 134 Pakistan 0.0599 current US$ per US$ of GDP compare
- 135 Sint Maarten (Dutch part) 0.0587 current US$ per US$ of GDP compare
- 136 Cambodia 0.0577 current US$ per US$ of GDP compare
- 138 Botswana 0.0571 current US$ per US$ of GDP compare
- 139 Saudi Arabia 0.0551 current US$ per US$ of GDP compare
- 140 Djibouti 0.0549 current US$ 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$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Singapore?
- Taxes less subsidies on products (current us$), per unit of gdp in Singapore was 0.0571 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Singapore?
- The highest recorded value was 0.0678 current US$ per US$ of GDP in 2000.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Singapore?
- The lowest recorded value was 0.035 current US$ per US$ of GDP in 1982.
- How does Singapore rank for taxes less subsidies on products (current us$), per unit of gdp?
- Singapore ranks 137th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Singapore?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.