Ecuador vs Singapore: Taxes on goods and services
Ecuador
21.1%
in 2022
Singapore
21.5%
in 2024
Ecuador rank
124th
Singapore rank
123rd
Taxes on goods and services over time
- Ecuador
- Singapore
How they compare
Singapore currently reports 21.5% against 21.1% in Ecuador, a difference of 0.4%.
Across all 10 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 124th and Singapore ranks 123rd of 156 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 24.6% | 21.8% | 2.8% | Ecuador |
| 2020s | 22.4% | 20.5% | 1.9% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Ecuador or Singapore?
- Singapore, at 21.5% against 21.1% in Ecuador as of 2024.
- What is the difference in taxes on goods and services between Ecuador and Singapore?
- 0.4%, with Singapore ahead.
- How many years of comparable data are there for Ecuador and Singapore?
- 10 years are reported by both, from 2013 to 2022.
- How do Ecuador and Singapore rank globally for taxes on goods and services?
- Ecuador ranks 124th and Singapore ranks 123rd of 156 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.