Taxes on international trade in Singapore
Singapore: Taxes on international trade was 0.0% in 2007. ◆ Volatile
Taxes on international trade in Singapore, 1972–2007
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on international trade in Singapore is 0.0%, measured in 2007. That is the lowest value across all 36 years on record.
That represents a change of down 22.6% on the previous year and down 95.8% over ten years.
Over the whole period, taxes on international trade in Singapore peaked at 11.2% in 1973 and was at its lowest, 0.0%, in 2007.
That places Singapore 136th out of 154 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.
Taxes on international trade in Singapore, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 11.0% | — |
| 1973 | 11.2% | +1.4% |
| 1974 | 8.6% | -22.9% |
| 1975 | 7.6% | -12.2% |
| 1976 | 8.2% | +8.0% |
| 1977 | 8.0% | -1.6% |
| 1978 | 8.1% | +0.8% |
| 1979 | 8.1% | -0.5% |
| 1980 | 6.9% | -14.8% |
| 1981 | 5.5% | -19.9% |
| 1982 | 5.4% | -2.0% |
| 1983 | 4.7% | -12.5% |
| 1984 | 4.6% | -3.4% |
| 1985 | 3.6% | -20.3% |
| 1986 | 3.1% | -15.9% |
| 1987 | 2.7% | -10.7% |
| 1988 | 2.7% | +0.6% |
| 1989 | 2.5% | -10.6% |
| 1990 | 2.0% | -18.5% |
| 1991 | 2.2% | +8.8% |
| 1992 | 1.9% | -11.0% |
| 1993 | 1.6% | -17.4% |
| 1994 | 1.4% | -15.5% |
| 1995 | 1.2% | -9.6% |
| 1996 | 1.2% | -2.2% |
| 1997 | 1.1% | -5.9% |
| 1998 | 1.2% | +3.8% |
| 1999 | 1.3% | +8.5% |
| 2000 | 1.4% | +12.8% |
| 2001 | 1.6% | +8.9% |
| 2002 | 2.0% | +28.5% |
| 2003 | 0.1% | -97.4% |
| 2004 | 0.1% | +27.8% |
| 2005 | 0.1% | -5.5% |
| 2006 | 0.1% | -0.9% |
| 2007 | 0.0% | -22.6% |
Singapore compared with similar countries
- Singapore's 0.0% is below the median for high income countries, which is 0.4%, 11% of the median. (55 countries reporting)
- Singapore's 0.0% is below the median for East Asia & Pacific, which is 4.5%, 1% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on international trade 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 | -97.4% | 2.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.8% | 7.6% | 11.2% | 8 |
| 1980s | 4.2% | 2.5% | 6.9% | 10 |
| 1990s | 1.5% | 1.1% | 2.2% | 10 |
| 2000s | 0.7% | 0.0% | 2.0% | 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 taxes on international trade in Singapore?
- Taxes on international trade in Singapore was 0.0% 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 11.2% in 1973.
- What is the lowest taxes on international trade recorded in Singapore?
- The lowest recorded value was 0.0% in 2007.
- How does Singapore rank for taxes on international trade?
- Singapore ranks 136th out of 154 countries with data for 2007.
- Is taxes on international trade rising or falling in Singapore?
- Over the last ten years it is down 95.8%. 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 Taxes on international trade (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.