{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"sg-tax-revenue-gdp","url":"https://apiardata.com/statistics/sg-tax-revenue-gdp","html_url":"https://apiardata.com/statistics/sg-tax-revenue-gdp/","title":"Singapore Tax Revenue (% of GDP) (2024)","description":"Singapore's Tax Revenue (% of GDP): 13.6 % of GDP in 2024, -0.1pp YoY. World Bank (GC.TAX.TOTL.GD.ZS), 1975–2024.","domain":"macro","category":"Economy & Macro","keywords":["Economy & Macro","World Bank","Singapore","2024"],"publisher":"World Bank","frequency":"Annual","geography":"Singapore","temporal_coverage":"1975/2024","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2024","variable_measured":"Singapore Tax Revenue (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS?locations=SG"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1975–2024"},{"label":"Observations","value":"50"},{"label":"Geography","value":"Singapore"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Singapore (2024)","value":"13.6","unit":"% of GDP","trend":{"direction":"down","value":"-0.1pp YoY"}},{"label":"YoY Change","value":"-0.1pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"50","unit":"years of data"}],"series":[{"key":"value","label":"Singapore Tax Revenue (% of GDP)"}],"observation_count":50,"observations":[{"period":"1975","value":16.5711247241181},{"period":"1976","value":15.9963741551915},{"period":"1977","value":16.7245554386909},{"period":"1978","value":15.9346472237067},{"period":"1979","value":16.0397706847293},{"period":"1980","value":16.9929183288493},{"period":"1981","value":17.8802055877702},{"period":"1982","value":18.9163419773286},{"period":"1983","value":18.7608387198487},{"period":"1984","value":17.663382090754},{"period":"1985","value":15.6621670565894},{"period":"1986","value":12.7357694649656},{"period":"1987","value":13.0780798911075},{"period":"1988","value":14.0720126215791},{"period":"1989","value":15.687873622744},{"period":"1990","value":14.5462695925654},{"period":"1991","value":15.1815315980586},{"period":"1992","value":16.1033535012871},{"period":"1993","value":16.2903339457186},{"period":"1994","value":16.6131522787889},{"period":"1995","value":15.7685036472599},{"period":"1996","value":15.8973671573725},{"period":"1997","value":15.312341085021},{"period":"1998","value":14.0310256358429},{"period":"1999","value":14.5317174065401},{"period":"2000","value":14.8557890847443},{"period":"2001","value":14.5855191514965},{"period":"2002","value":12.6887393397993},{"period":"2003","value":12.4460741638593},{"period":"2004","value":11.6045115798244},{"period":"2005","value":11.5770274018324},{"period":"2006","value":11.8310221766032},{"period":"2007","value":12.8204281959211},{"period":"2008","value":13.7543914469361},{"period":"2009","value":12.9549265300847},{"period":"2010","value":12.7858239691039},{"period":"2011","value":13.1057219512653},{"period":"2012","value":13.5806687357042},{"period":"2013","value":13.2712500808714},{"period":"2014","value":13.5565571344028},{"period":"2015","value":13.1397745298612},{"period":"2016","value":13.2379148800818},{"period":"2017","value":13.927682163213},{"period":"2018","value":12.9758391948793},{"period":"2019","value":13.1540929239546},{"period":"2020","value":12.6685387711801},{"period":"2021","value":12.6095887829953},{"period":"2022","value":11.6639975988634},{"period":"2023","value":13.7387885776561},{"period":"2024","value":13.5602685073681}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"13.6","yoyChange":"-0.1pp"},{"year":"2023","value":"13.7","yoyChange":"+2pp"},{"year":"2022","value":"11.7","yoyChange":"-0.9pp"},{"year":"2021","value":"12.6","yoyChange":"-0.1pp"},{"year":"2020","value":"12.7","yoyChange":"-0.5pp"},{"year":"2019","value":"13.2","yoyChange":"+0.2pp"},{"year":"2018","value":"13.0","yoyChange":"-0.9pp"},{"year":"2017","value":"13.9","yoyChange":"+0.7pp"},{"year":"2016","value":"13.2","yoyChange":"+0.1pp"},{"year":"2015","value":"13.1","yoyChange":"-0.5pp"},{"year":"2014","value":"13.6","yoyChange":"+0.3pp"},{"year":"2013","value":"13.3","yoyChange":"-0.3pp"},{"year":"2012","value":"13.6","yoyChange":"+0.5pp"},{"year":"2011","value":"13.1","yoyChange":"+0.3pp"},{"year":"2010","value":"12.8","yoyChange":"-0.2pp"},{"year":"2009","value":"13.0","yoyChange":"-0.8pp"},{"year":"2008","value":"13.8","yoyChange":"+1pp"},{"year":"2007","value":"12.8","yoyChange":"+1.0pp"},{"year":"2006","value":"11.8","yoyChange":"+0.2pp"},{"year":"2005","value":"11.6","yoyChange":"unchanged"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total government tax revenue as a share of GDP in Singapore from 1990 to present. Tax take shapes fiscal capacity, public services quality, and business cost environment. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1975–2024 (50 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 18.9 % of GDP in 1982 and reached its lowest recorded value of 11.6 in 2005. The latest reading of 13.6 in 2024 represents a change of -0.1pp."}]}