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

Latest (2025)
0.0571 current US$ per US$ of GDP
Change on year
up 6.3%
World rank
137th
of 197 countries
All-time high
0.0678 current US$ per US$ of GDP
in 2000
All-time low
0.035 current US$ per US$ of GDP
in 1982
Years of data
66
1960–2025

Taxes less subsidies on products (current US$), per unit of GDP in Singapore, 1960–2025

00.020.040.06196019922025

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

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in Singapore, 1960 to 2025.
Year current US$ 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

DecadeAverage LowestHighest 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

  1. 134 Pakistan 0.0599 current US$ per US$ of GDP compare
  2. 135 Sint Maarten (Dutch part) 0.0587 current US$ per US$ of GDP compare
  3. 136 Cambodia 0.0577 current US$ per US$ of GDP compare
  4. 138 Botswana 0.0571 current US$ per US$ of GDP compare
  5. 139 Saudi Arabia 0.0551 current US$ per US$ of GDP compare
  6. 140 Djibouti 0.0549 current US$ per US$ of GDP compare

See the full ranking of 198 places →

More economy & growth data for Singapore

All data for Singapore →

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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Taxes less subsidies on products (current US$), per unit of GDP in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/singapore/

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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

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 (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

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.