Other taxes in Singapore
Singapore: Other taxes was 21.76 billion current LCU in 2024. ◆ Volatile
Other taxes in Singapore, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Singapore recorded 21.76 billion current LCU for other taxes in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 10.7% on the previous year and up 64.6% over ten years.
Over the whole period, other taxes in Singapore peaked at 21.76 billion current LCU in 2024 and was at its lowest, 273.00 million current LCU, in 1972.
Singapore ranks 42nd of 149 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 475.25 million current LCU | 273.00 million current LCU | 759.00 million current LCU | 8 |
| 1980s | 1.48 billion current LCU | 886.00 million current LCU | 2.33 billion current LCU | 10 |
| 1990s | 4.20 billion current LCU | 2.46 billion current LCU | 6.13 billion current LCU | 10 |
| 2000s | 4.73 billion current LCU | 2.95 billion current LCU | 7.79 billion current LCU | 10 |
| 2010s | 13.18 billion current LCU | 8.79 billion current LCU | 15.88 billion current LCU | 10 |
| 2020s | 17.37 billion current LCU | 10.63 billion current LCU | 21.76 billion current LCU | 5 |
Countries ranked near Singapore
More public sector data for Singapore
- Arms imports 348.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.6% (2024)
- Taxes on income, profits and capital gains 39.0% (2024)
- Taxes on goods and services 21.5% (2024)
- Net investment in nonfinancial assets -1.0% (2024)
- Net lending (+) / net borrowing (-) 3.4% (2024)
- Interest payments 0.5% (2024)
- Grants and other revenue 23.5% (2024)
- Interest payments 0.4% (2023)
- Other taxes 16.0% (2024)
Frequently asked questions
- What is other taxes in Singapore?
- Other taxes in Singapore was 21.76 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Singapore?
- The highest recorded value was 21.76 billion current LCU in 2024.
- What is the lowest other taxes recorded in Singapore?
- The lowest recorded value was 273.00 million current LCU in 1972.
- How does Singapore rank for other taxes?
- Singapore ranks 42nd out of 149 countries with data for 2024.
- Is other taxes rising or falling in Singapore?
- Over the last ten years it is up 64.6%. 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 Other taxes (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. 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.