India vs Singapore: Taxes on goods and services
India
4.2%
in 2022
Singapore
4.0%
in 2024
India rank
135th
Singapore rank
137th
Taxes on goods and services over time
- India
- Singapore
How they compare
India currently reports 4.2% against 4.0% in Singapore, a difference of 0.2%.
The two have swapped places 10 times across 46 shared years of data; in 1974 it was India ahead.
India ranks 135th and Singapore ranks 137th of 154 countries.
India has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.9% | 3.7% | 4.2% | India |
| 1980s | 7.5% | 4.2% | 3.2% | India |
| 1990s | 5.7% | 4.8% | 0.9% | India |
| 2000s | 4.7% | 4.6% | 0.1% | India |
| 2010s | 5.0% | 4.4% | 0.6% | India |
| 2020s | 4.2% | 3.3% | 0.9% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, India or Singapore?
- India, at 4.2% against 4.0% in Singapore as of 2022.
- What is the difference in taxes on goods and services between India and Singapore?
- 0.2%, with India ahead.
- How many years of comparable data are there for India and Singapore?
- 46 years are reported by both, from 1974 to 2022.
- How do India and Singapore rank globally for taxes on goods and services?
- India ranks 135th and Singapore ranks 137th of 154 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 (% value added of industry and services). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.