Taxes on goods and services (current LCU), gaps filled in Singapore

Singapore: Taxes on goods and services (current LCU), gaps filled was 29.12 billion current LCU in 2024. ◆ Volatile

Latest (2024)
29.12 billion current LCU
Change on year
up 15.4%
World rank
101st
of 157 countries
All-time high
29.12 billion current LCU
in 2024
All-time low
309.00 million current LCU
in 1972
Years of data
53
1972–2024

Taxes on goods and services (current LCU), gaps filled in Singapore, 1972–2024

010.0B20.0B30.0B197219982024

Source: Statizoid (derived). Measured in current LCU.

Analysis

Singapore recorded 29.12 billion current LCU for taxes on goods and services (current lcu), gaps filled in 2024. That is the highest value across all 53 years on record.

The figure is up 15.4% on the previous year and up 71.8% over ten years.

Over the whole period, taxes on goods and services (current lcu), gaps filled in Singapore peaked at 29.12 billion current LCU in 2024 and was at its lowest, 309.00 million current LCU, in 1972.

That places Singapore 101st out of 157 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes on goods and services (current LCU), gaps filled in Singapore, year by year

Annual values for Taxes on goods and services (current LCU), gaps filled in Singapore, 1972 to 2024.
Year current LCU Change
1972 309.00 million current LCU
1973 374.00 million current LCU +21.0%
1974 417.00 million current LCU +11.5%
1975 457.00 million current LCU +9.6%
1976 491.00 million current LCU +7.4%
1977 598.00 million current LCU +21.8%
1978 664.00 million current LCU +11.0%
1979 823.00 million current LCU +23.9%
1980 1.00 billion current LCU +22.1%
1981 1.08 billion current LCU +7.3%
1982 1.29 billion current LCU +19.4%
1983 1.46 billion current LCU +13.8%
1984 1.60 billion current LCU +9.2%
1985 1.48 billion current LCU -7.2%
1986 1.45 billion current LCU -2.6%
1987 1.87 billion current LCU +29.6%
1988 2.70 billion current LCU +44.1%
1989 3.08 billion current LCU +14.0%
1990 2.86 billion current LCU -7.1%
1991 3.23 billion current LCU +12.8%
1992 3.57 billion current LCU +10.7%
1993 4.28 billion current LCU +19.8%
1994 5.90 billion current LCU +37.9%
1995 6.45 billion current LCU +9.3%
1996 6.45 billion current LCU -0.1%
1997 6.70 billion current LCU +3.9%
1998 5.75 billion current LCU -14.2%
1999 6.59 billion current LCU +14.8%
2000 7.67 billion current LCU +16.4%
2001 7.21 billion current LCU -6.0%
2002 6.50 billion current LCU -9.9%
2003 8.18 billion current LCU +25.8%
2004 8.63 billion current LCU +5.5%
2005 9.05 billion current LCU +4.9%
2006 9.39 billion current LCU +3.7%
2007 12.21 billion current LCU +30.1%
2008 12.16 billion current LCU -0.4%
2009 12.62 billion current LCU +3.8%
2010 14.38 billion current LCU +13.9%
2011 15.11 billion current LCU +5.1%
2012 15.29 billion current LCU +1.2%
2013 15.74 billion current LCU +2.9%
2014 16.95 billion current LCU +7.7%
2015 17.66 billion current LCU +4.2%
2016 18.64 billion current LCU +5.6%
2017 18.93 billion current LCU +1.6%
2018 19.50 billion current LCU +3.0%
2019 19.47 billion current LCU -0.2%
2020 17.78 billion current LCU -8.6%
2021 20.92 billion current LCU +17.6%
2022 22.48 billion current LCU +7.5%
2023 25.23 billion current LCU +12.2%
2024 29.12 billion current LCU +15.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 516.62 million current LCU 309.00 million current LCU 823.00 million current LCU 8
1980s 1.70 billion current LCU 1.00 billion current LCU 3.08 billion current LCU 10
1990s 5.18 billion current LCU 2.86 billion current LCU 6.70 billion current LCU 10
2000s 9.36 billion current LCU 6.50 billion current LCU 12.62 billion current LCU 10
2010s 17.17 billion current LCU 14.38 billion current LCU 19.50 billion current LCU 10
2020s 23.11 billion current LCU 17.78 billion current LCU 29.12 billion current LCU 5

Countries ranked near Singapore

  1. 98 Portugal 34.75 billion current LCU compare
  2. 99 Sudan 34.60 billion current LCU compare
  3. 100 Ireland 33.12 billion current LCU compare
  4. 102 Namibia 22.56 billion current LCU compare
  5. 103 Belarus 22.33 billion current LCU compare
  6. 104 Vanuatu 17.96 billion current LCU compare

See the full ranking of 157 places →

More public sector data for Singapore

All data for Singapore →

Frequently asked questions

What is taxes on goods and services (current lcu), gaps filled in Singapore?
Taxes on goods and services (current lcu), gaps filled in Singapore was 29.12 billion current LCU in 2024, according to Statizoid (derived).
What is the highest taxes on goods and services (current lcu), gaps filled recorded in Singapore?
The highest recorded value was 29.12 billion current LCU in 2024.
What is the lowest taxes on goods and services (current lcu), gaps filled recorded in Singapore?
The lowest recorded value was 309.00 million current LCU in 1972.
How does Singapore rank for taxes on goods and services (current lcu), gaps filled?
Singapore ranks 101st out of 157 countries with data for 2024.
Is taxes on goods and services (current lcu), gaps filled rising or falling in Singapore?
Over the last ten years it is up 71.8%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), gaps filled. Statizoid updates them automatically from the source API.

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Taxes on goods and services (current LCU), gaps filled in Singapore. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-current-lcu-gaps-filled/singapore/

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<a href="https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-current-lcu-gaps-filled/singapore/">Taxes on goods and services (current LCU), gaps filled in Singapore</a> — Statizoid

How this figure is calculated

Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

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

Indicator
Taxes on goods and services (current LCU), gaps filled
Unit
current LCU
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
157 places, 4,685 data points, 1972–2024
Last refreshed

Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.