Singapore: Number of taxes

* indicates monthly or quarterly data series
 Singapore

Number of taxes paid by businesses

 Latest value 5
 Year 2019
 Measure taxes
 Data availability 2005 - 2019
 Average 5
 Min - Max 5 - 6
 Source The World Bank (doing business survey)
For that indicator, we provide data for Singapore from 2005 to 2019. The average value for Singapore during that period was 5 taxes with a minimum of 5 taxes in 2005 and a maximum of 6 taxes in 2009. The latest value from 2019 is 5 taxes. For comparison, the world average in 2019 based on 184 countries is 23 taxes. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Singapore - Number of taxes - Recent values chart

Historical chart
Singapore - Number of taxes - historical chart - 2005-2019




Definition: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 10.02 2022 percent
 Government spending, in dollars 46.76 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 3.58 2023 percent
 Government debt 162.14 2023 percent
 Government expenditure 16.13 Q3/2023 billion
 Tax revenue 13.12 2021 percent
 Commercial tax rate 21.00 2019 percent
 Tax preparation time 64 2019 hours
 Number of taxes 5 2019 taxes
 Taxes on goods and services 20.82 2021 percent
 Taxes on international trade 0.05 2007 percent
 Income and profits taxes 36.92 2021 percent
 Foreign aid 9.14 2004 million U.S. dollars
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