Taxes on international trade (current LCU) in Singapore
Singapore: Taxes on international trade (current LCU) was 25.00 million current LCU in 2007. ▼ Falling
Taxes on international trade in Singapore, 1972–2007
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2007, taxes on international trade in Singapore stood at 25.00 million current LCU.
Compared with earlier readings it is down 3.8% on the previous year and down 94.4% over ten years.
Over the whole period, taxes on international trade in Singapore peaked at 701.00 million current LCU in 2002 and was at its lowest, 17.00 million current LCU, in 2003.
That places Singapore 130th out of 155 countries with data for 2007, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Taxes on international trade (current LCU) in Singapore, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 196.00 million current LCU | — |
| 1973 | 238.00 million current LCU | +21.4% |
| 1974 | 223.00 million current LCU | -6.3% |
| 1975 | 238.00 million current LCU | +6.7% |
| 1976 | 273.00 million current LCU | +14.7% |
| 1977 | 313.00 million current LCU | +14.7% |
| 1978 | 340.00 million current LCU | +8.6% |
| 1979 | 394.00 million current LCU | +15.9% |
| 1980 | 437.00 million current LCU | +10.9% |
| 1981 | 429.00 million current LCU | -1.8% |
| 1982 | 488.00 million current LCU | +13.8% |
| 1983 | 516.00 million current LCU | +5.7% |
| 1984 | 522.00 million current LCU | +1.2% |
| 1985 | 391.00 million current LCU | -25.1% |
| 1986 | 318.00 million current LCU | -18.7% |
| 1987 | 353.00 million current LCU | +11.0% |
| 1988 | 380.00 million current LCU | +7.6% |
| 1989 | 385.00 million current LCU | +1.3% |
| 1990 | 357.00 million current LCU | -7.3% |
| 1991 | 433.00 million current LCU | +21.3% |
| 1992 | 437.00 million current LCU | +0.9% |
| 1993 | 449.00 million current LCU | +2.7% |
| 1994 | 395.00 million current LCU | -12.0% |
| 1995 | 389.00 million current LCU | -1.5% |
| 1996 | 453.00 million current LCU | +16.5% |
| 1997 | 448.00 million current LCU | -1.1% |
| 1998 | 450.00 million current LCU | +0.4% |
| 1999 | 510.00 million current LCU | +13.3% |
| 2000 | 607.00 million current LCU | +19.0% |
| 2001 | 609.00 million current LCU | +0.3% |
| 2002 | 701.00 million current LCU | +15.1% |
| 2003 | 17.00 million current LCU | -97.6% |
| 2004 | 24.00 million current LCU | +41.2% |
| 2005 | 24.00 million current LCU | +0.0% |
| 2006 | 26.00 million current LCU | +8.3% |
| 2007 | 25.00 million current LCU | -3.8% |
Singapore compared with similar countries
- Singapore's 25.00 million current LCU is below the median for high income countries, which is 85.11 million current LCU, 29% of the median. (55 countries reporting)
- Singapore's 25.00 million current LCU is below the median for East Asia & Pacific, which is 4.27 billion current LCU, 1% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on international trade (current LCU) in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | -97.6% | 701.00 million current LCU | 17.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 276.88 million current LCU | 196.00 million current LCU | 394.00 million current LCU | 8 |
| 1980s | 421.90 million current LCU | 318.00 million current LCU | 522.00 million current LCU | 10 |
| 1990s | 432.10 million current LCU | 357.00 million current LCU | 510.00 million current LCU | 10 |
| 2000s | 254.12 million current LCU | 17.00 million current LCU | 701.00 million current LCU | 8 |
Countries ranked near Singapore
More public sector data for Singapore
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 57.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on international trade in Singapore?
- Taxes on international trade in Singapore was 25.00 million current LCU in 2007, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Singapore?
- The highest recorded value was 701.00 million current LCU in 2002.
- What is the lowest taxes on international trade recorded in Singapore?
- The lowest recorded value was 17.00 million current LCU in 2003.
- How does Singapore rank for taxes on international trade?
- Singapore ranks 130th out of 155 countries with data for 2007.
- Is taxes on international trade rising or falling in Singapore?
- Over the last ten years it is down 94.4%. The long-run trend across the full record is falling.
- 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 Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.