OECD members vs Singapore: Taxes on income, profits and capital gains
OECD members
27.5%
in 2024
Singapore
39.0%
in 2024
OECD members rank
17th
Singapore rank
18th
Taxes on income, profits and capital gains over time
- OECD members
- Singapore
How they compare
Singapore currently reports 39.0% against 27.5% in OECD members, a difference of 11.5%.
That makes Singapore's figure about 1.4 times OECD members's.
The two have swapped places 5 times across 53 shared years of data; in 1972 it was OECD members ahead.
OECD members ranks 17th and Singapore ranks 18th of 41 groups.
Across the 6 decades both report, OECD members averaged higher in 1 and Singapore in 5.
Head to head by decade
| Decade | OECD members | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 25.6% | 31.4% | 5.8% | Singapore |
| 1980s | 26.6% | 27.9% | 1.3% | Singapore |
| 1990s | 26.3% | 25.6% | 0.6% | OECD members |
| 2000s | 24.4% | 30.9% | 6.5% | Singapore |
| 2010s | 23.9% | 33.1% | 9.3% | Singapore |
| 2020s | 27.1% | 38.3% | 11.2% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, OECD members or Singapore?
- Singapore, at 39.0% against 27.5% in OECD members as of 2024.
- What is the difference in taxes on income, profits and capital gains between OECD members and Singapore?
- 11.5%, with Singapore ahead.
- How many years of comparable data are there for OECD members and Singapore?
- 53 years are reported by both, from 1972 to 2024.
- How do OECD members and Singapore rank globally for taxes on income, profits and capital gains?
- OECD members ranks 17th and Singapore ranks 18th of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.