Portugal vs Singapore: Taxes on goods and services

Portugal
34.75 billion current LCU
in 2024
Singapore
29.12 billion current LCU
in 2024
Portugal rank
98th
Singapore rank
101st

Taxes on goods and services over time

  • Portugal
  • Singapore
010.0B20.0B30.0B197219982024

How they compare

Portugal currently reports 34.75 billion current LCU against 29.12 billion current LCU in Singapore, a difference of 5.63 billion current LCU.

That makes Portugal's figure about 1.2 times Singapore's.

The two have swapped places 1 time across 52 shared years of data; in 1973 it was Singapore ahead.

Portugal ranks 98th and Singapore ranks 101st of 157 countries.

Across the 6 decades both report, Portugal averaged higher in 5 and Singapore in 1.

Head to head by decade

Decade Portugal Singapore Difference Ahead
1970s 219.19 million current LCU 546.29 million current LCU 327.10 million current LCU Singapore
1980s 2.25 billion current LCU 1.70 billion current LCU 547.22 million current LCU Portugal
1990s 9.63 billion current LCU 5.18 billion current LCU 4.46 billion current LCU Portugal
2000s 18.19 billion current LCU 9.36 billion current LCU 8.82 billion current LCU Portugal
2010s 22.29 billion current LCU 17.17 billion current LCU 5.13 billion current LCU Portugal
2020s 29.62 billion current LCU 23.11 billion current LCU 6.51 billion current LCU Portugal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Portugal or Singapore?
Portugal, at 34.75 billion current LCU against 29.12 billion current LCU in Singapore as of 2024.
What is the difference in taxes on goods and services between Portugal and Singapore?
5.63 billion current LCU, with Portugal ahead.
How many years of comparable data are there for Portugal and Singapore?
52 years are reported by both, from 1973 to 2024.
How do Portugal and Singapore rank globally for taxes on goods and services?
Portugal ranks 98th and Singapore ranks 101st of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Portugal vs Singapore: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-current-lcu/portugal/singapore/

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About this data

Indicator
Taxes on goods and services (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,635 data points, 1972–2024
Last refreshed

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.