Singapore: Taxes on goods and services, percent of total revenue
For that indicator, The World Bank provides data for Singapore from 1972 to 2018. The average value for Singapore during that period was 18.7 percent with a minimum of 13.39 percent in 1983 and a maximum of 26.21 percent in 2009.
The latest value from 2018 is 21.09 percent. For comparison, the world average in 2018 based on 56
countries is 34.11 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.