Singapore Tax Revenue (% of GDP) (2024)
Singapore's Tax Revenue (% of GDP): 14.2 % of GDP in 2024, +0.3pp YoY. World Bank (GC.TAX.TOTL.GD.ZS), 1990–2024.
Singapore (2024)
14.2
% of GDP
+0.3pp YoY
YoY Change
+0.3pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 14.2 | +0.3pp |
| 2023 | 13.9 | +2.1pp |
| 2022 | 11.8 | -1pp |
| 2021 | 12.7 | -0pp |
| 2020 | 12.7 | -0.4pp |
| 2019 | 13.2 | +0.2pp |
| 2018 | 13 | -1pp |
| 2017 | 14 | +0.7pp |
| 2016 | 13.3 | +0.1pp |
| 2015 | 13.1 | -0.4pp |
| 2014 | 13.6 | +0.3pp |
| 2013 | 13.3 | -0.3pp |
| 2012 | 13.6 | +0.5pp |
| 2011 | 13.1 | +0.3pp |
| 2010 | 12.8 | -0.2pp |
| 2009 | 13 | -0.8pp |
| 2008 | 13.8 | +0.9pp |
| 2007 | 12.8 | +1pp |
| 2006 | 11.8 | +0.3pp |
| 2005 | 11.6 | n/a |
About this Dataset
Singapore recorded 14.2 % of GDP in 2024. The most recent year-on-year change was +0.3pp. The historical series (1990–2024) shows a peak of 16.6 in 1994 and a trough of 11.6 in 2005.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks singapore tax revenue (% of gdp) in Singapore, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 16.6 % of GDP in 1994 and reached its lowest recorded value of 11.6 in 2005. The latest reading of 14.2 in 2024 represents a year-on-year change of +0.3pp.