Facts
- Tax revenue, % of GDP
- 13.6 % (2024)
- Tax revenue level
- 10–15% of GDP
- Taxes on income, profits and capital gains, % of revenue
- 51.0 % (2024)
- Taxes on goods and services, % of value added
- 4.0 % (2024)
- ISO code
- SGP
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2024 | 13.6 % |
| 2023 | 13.7 % |
| 2022 | 11.7 % |
| 2021 | 12.6 % |
| 2020 | 12.7 % |
| 2019 | 13.2 % |
| 2018 | 13.0 % |
| 2017 | 13.9 % |
| 2016 | 13.2 % |
| 2015 | 13.1 % |
| 2014 | 13.6 % |
| 2013 | 13.3 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2024 | 51.0 % |
| 2023 | 52.4 % |
| 2022 | 51.0 % |
| 2021 | 49.6 % |
| 2020 | 53.7 % |
| 2019 | 48.1 % |
| 2018 | 46.5 % |
| 2017 | 48.3 % |
| 2016 | 44.9 % |
| 2015 | 44.7 % |
| 2014 | 44.2 % |
| 2013 | 43.0 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2024 | 4.0 % |
| 2023 | 3.9 % |
| 2022 | 3.3 % |
| 2021 | 3.7 % |
| 2020 | 3.8 % |
| 2019 | 4.0 % |
| 2018 | 4.0 % |
| 2017 | 4.2 % |
| 2016 | 4.5 % |
| 2015 | 4.4 % |
| 2014 | 4.5 % |
| 2013 | 4.3 % |
Year by year · 35
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Singapore 2024 | — | — | 13.6 % |
| Singapore 2023 | — | — | 13.7 % |
| Singapore 2022 | — | — | 11.7 % |
| Singapore 2021 | — | — | 12.6 % |
| Singapore 2020 | — | — | 12.7 % |
| Singapore 2019 | — | — | 13.2 % |
| Singapore 2018 | — | — | 13.0 % |
| Singapore 2017 | — | — | 13.9 % |
| Singapore 2016 | — | — | 13.2 % |
| Singapore 2015 | — | — | 13.1 % |
| Singapore 2014 | — | — | 13.6 % |
| Singapore 2013 | — | — | 13.3 % |
| Singapore 2012 | — | — | 13.6 % |
| Singapore 2011 | — | — | 13.1 % |
| Singapore 2010 | — | — | 12.8 % |
| Singapore 2009 | — | — | 13.0 % |
| Singapore 2008 | — | — | 13.8 % |
| Singapore 2007 | — | — | 12.8 % |
| Singapore 2006 | — | — | 11.8 % |
| Singapore 2005 | — | — | 11.6 % |
| Singapore 2004 | — | — | 11.6 % |
| Singapore 2003 | — | — | 12.4 % |
| Singapore 2002 | — | — | 12.7 % |
| Singapore 2001 | — | — | 14.6 % |
| Singapore 2000 | — | — | 14.9 % |
| Singapore 1999 | — | — | 14.5 % |
| Singapore 1998 | — | — | 14.0 % |
| Singapore 1997 | — | — | 15.3 % |
| Singapore 1996 | — | — | 15.9 % |
| Singapore 1995 | — | — | 15.8 % |
| Singapore 1994 | — | — | 16.6 % |
| Singapore 1993 | — | — | 16.3 % |
| Singapore 1992 | — | — | 16.1 % |
| Singapore 1991 | — | — | 15.2 % |
| Singapore 1990 | — | — | 14.5 % |