Tax revenue (current LCU), per unit of GDP in Singapore
Singapore: Tax revenue (current LCU), per unit of GDP was 0.1812 current LCU per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.1812 current LCU per US$ of GDP
Change on year
down 1.8%
World rank
137th
of 157 countries
All-time high
0.4439 current LCU per US$ of GDP
in 1972
All-time low
0.1608 current LCU per US$ of GDP
in 2022
Years of data
53
1972–2024
Tax revenue (current LCU), per unit of GDP in Singapore, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, tax revenue (current lcu), per unit of gdp in Singapore stood at 0.1812 current LCU per US$ of GDP.
Compared with earlier readings it is down 1.8% on the previous year and up 5.5% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Singapore peaked at 0.4439 current LCU per US$ of GDP in 1972 and was at its lowest, 0.1608 current LCU per US$ of GDP, in 2022.
Singapore ranks 137th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Tax revenue (current LCU), per unit of GDP in Singapore, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.4439 current LCU per US$ of GDP | — |
| 1973 | 0.4158 current LCU per US$ of GDP | -6.3% |
| 1974 | 0.3702 current LCU per US$ of GDP | -11.0% |
| 1975 | 0.4038 current LCU per US$ of GDP | +9.1% |
| 1976 | 0.3793 current LCU per US$ of GDP | -6.1% |
| 1977 | 0.4132 current LCU per US$ of GDP | +8.9% |
| 1978 | 0.3887 current LCU per US$ of GDP | -5.9% |
| 1979 | 0.3647 current LCU per US$ of GDP | -6.2% |
| 1980 | 0.3695 current LCU per US$ of GDP | +1.3% |
| 1981 | 0.3829 current LCU per US$ of GDP | +3.6% |
| 1982 | 0.3996 current LCU per US$ of GDP | +4.4% |
| 1983 | 0.4015 current LCU per US$ of GDP | +0.5% |
| 1984 | 0.3732 current LCU per US$ of GDP | -7.0% |
| 1985 | 0.3341 current LCU per US$ of GDP | -10.5% |
| 1986 | 0.2802 current LCU per US$ of GDP | -16.1% |
| 1987 | 0.2848 current LCU per US$ of GDP | +1.6% |
| 1988 | 0.2964 current LCU per US$ of GDP | +4.1% |
| 1989 | 0.3157 current LCU per US$ of GDP | +6.5% |
| 1990 | 0.2837 current LCU per US$ of GDP | -10.1% |
| 1991 | 0.2623 current LCU per US$ of GDP | -7.6% |
| 1992 | 0.2623 current LCU per US$ of GDP | +0.0% |
| 1993 | 0.2632 current LCU per US$ of GDP | +0.3% |
| 1994 | 0.2538 current LCU per US$ of GDP | -3.6% |
| 1995 | 0.2235 current LCU per US$ of GDP | -11.9% |
| 1996 | 0.2242 current LCU per US$ of GDP | +0.3% |
| 1997 | 0.2274 current LCU per US$ of GDP | +1.4% |
| 1998 | 0.2348 current LCU per US$ of GDP | +3.3% |
| 1999 | 0.2463 current LCU per US$ of GDP | +4.9% |
| 2000 | 0.2561 current LCU per US$ of GDP | +4.0% |
| 2001 | 0.2613 current LCU per US$ of GDP | +2.0% |
| 2002 | 0.2272 current LCU per US$ of GDP | -13.1% |
| 2003 | 0.2168 current LCU per US$ of GDP | -4.6% |
| 2004 | 0.1961 current LCU per US$ of GDP | -9.5% |
| 2005 | 0.1927 current LCU per US$ of GDP | -1.8% |
| 2006 | 0.188 current LCU per US$ of GDP | -2.4% |
| 2007 | 0.1932 current LCU per US$ of GDP | +2.8% |
| 2008 | 0.1946 current LCU per US$ of GDP | +0.7% |
| 2009 | 0.1884 current LCU per US$ of GDP | -3.2% |
| 2010 | 0.1743 current LCU per US$ of GDP | -7.5% |
| 2011 | 0.1648 current LCU per US$ of GDP | -5.4% |
| 2012 | 0.1697 current LCU per US$ of GDP | +3.0% |
| 2013 | 0.1661 current LCU per US$ of GDP | -2.2% |
| 2014 | 0.1718 current LCU per US$ of GDP | +3.4% |
| 2015 | 0.1806 current LCU per US$ of GDP | +5.2% |
| 2016 | 0.1829 current LCU per US$ of GDP | +1.2% |
| 2017 | 0.1923 current LCU per US$ of GDP | +5.2% |
| 2018 | 0.175 current LCU per US$ of GDP | -9.0% |
| 2019 | 0.1794 current LCU per US$ of GDP | +2.5% |
| 2020 | 0.1748 current LCU per US$ of GDP | -2.6% |
| 2021 | 0.1694 current LCU per US$ of GDP | -3.1% |
| 2022 | 0.1608 current LCU per US$ of GDP | -5.1% |
| 2023 | 0.1845 current LCU per US$ of GDP | +14.7% |
| 2024 | 0.1812 current LCU per US$ of GDP | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3975 current LCU per US$ of GDP | 0.3647 current LCU per US$ of GDP | 0.4439 current LCU per US$ of GDP | 8 |
| 1980s | 0.3438 current LCU per US$ of GDP | 0.2802 current LCU per US$ of GDP | 0.4015 current LCU per US$ of GDP | 10 |
| 1990s | 0.2481 current LCU per US$ of GDP | 0.2235 current LCU per US$ of GDP | 0.2837 current LCU per US$ of GDP | 10 |
| 2000s | 0.2115 current LCU per US$ of GDP | 0.188 current LCU per US$ of GDP | 0.2613 current LCU per US$ of GDP | 10 |
| 2010s | 0.1757 current LCU per US$ of GDP | 0.1648 current LCU per US$ of GDP | 0.1923 current LCU per US$ of GDP | 10 |
| 2020s | 0.1741 current LCU per US$ of GDP | 0.1608 current LCU per US$ of GDP | 0.1845 current LCU per US$ of GDP | 5 |
Countries ranked near Singapore
- 134 Slovenia 0.1939 current LCU per US$ of GDP compare
- 135 Bulgaria 0.1911 current LCU per US$ of GDP compare
- 136 Canada 0.1878 current LCU per US$ of GDP compare
- 138 Palau 0.1808 current LCU per US$ of GDP compare
- 139 Slovakia 0.1769 current LCU per US$ of GDP compare
- 140 Bahamas 0.1728 current LCU per US$ of GDP compare
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 tax revenue (current lcu), per unit of gdp in Singapore?
- Tax revenue (current lcu), per unit of gdp in Singapore was 0.1812 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Singapore?
- The highest recorded value was 0.4439 current LCU per US$ of GDP in 1972.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Singapore?
- The lowest recorded value was 0.1608 current LCU per US$ of GDP in 2022.
- How does Singapore rank for tax revenue (current lcu), per unit of gdp?
- Singapore ranks 137th out of 157 countries with data for 2024.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Singapore?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.