Customs and other import duties in Singapore
Singapore: Customs and other import duties was 0.1% in 2007. ◆ Volatile
Customs and other import duties in Singapore, 1972–2007
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2007, customs and other import duties in Singapore stood at 0.1%. That is the lowest value across all 36 years on record.
The figure is down 23.2% on the previous year and down 96.4% over ten years.
Over the whole period, customs and other import duties in Singapore peaked at 16.2% in 1972 and was at its lowest, 0.1%, in 2007.
That places Singapore 133rd out of 151 countries with data for 2007, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Customs and other import duties in Singapore, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1972 | 16.2% | — |
| 1973 | 15.5% | -4.6% |
| 1974 | 11.5% | -25.5% |
| 1975 | 10.5% | -9.3% |
| 1976 | 11.4% | +8.7% |
| 1977 | 11.4% | +0.6% |
| 1978 | 11.6% | +1.7% |
| 1979 | 11.6% | -0.1% |
| 1980 | 9.9% | -14.4% |
| 1981 | 7.9% | -20.5% |
| 1982 | 7.6% | -4.0% |
| 1983 | 7.2% | -4.8% |
| 1984 | 7.1% | -2.0% |
| 1985 | 6.1% | -13.7% |
| 1986 | 6.1% | -0.1% |
| 1987 | 5.9% | -3.0% |
| 1988 | 5.1% | -14.7% |
| 1989 | 4.0% | -20.8% |
| 1990 | 3.5% | -13.0% |
| 1991 | 3.6% | +4.3% |
| 1992 | 3.2% | -12.0% |
| 1993 | 2.8% | -11.9% |
| 1994 | 2.1% | -25.0% |
| 1995 | 2.0% | -6.2% |
| 1996 | 2.1% | +5.9% |
| 1997 | 2.0% | -6.2% |
| 1998 | 2.2% | +13.6% |
| 1999 | 2.4% | +7.4% |
| 2000 | 2.5% | +2.8% |
| 2001 | 2.6% | +5.2% |
| 2002 | 3.3% | +28.5% |
| 2003 | 0.1% | -97.6% |
| 2004 | 0.1% | +32.5% |
| 2005 | 0.1% | -8.4% |
| 2006 | 0.1% | -4.5% |
| 2007 | 0.1% | -23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.5% | 10.5% | 16.2% | 8 |
| 1980s | 6.7% | 4.0% | 9.9% | 10 |
| 1990s | 2.6% | 2.0% | 3.6% | 10 |
| 2000s | 1.1% | 0.1% | 3.3% | 8 |
Countries ranked near Singapore
More public sector data for Singapore
- Arms imports 348.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 57.65 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 348.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,495 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0263 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.2 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 15.06 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 672,702 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is customs and other import duties in Singapore?
- Customs and other import duties in Singapore was 0.1% in 2007, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Singapore?
- The highest recorded value was 16.2% in 1972.
- What is the lowest customs and other import duties recorded in Singapore?
- The lowest recorded value was 0.1% in 2007.
- How does Singapore rank for customs and other import duties?
- Singapore ranks 133rd out of 151 countries with data for 2007.
- Is customs and other import duties rising or falling in Singapore?
- Over the last ten years it is down 96.4%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.