World Data Atlas Topics Economy Tax on Goods and Services

The tax on goods and services in Singapore

20.82 % in 2021

Though Singapore tax on goods and services fluctuated substantially in recent years, it tended to increase through 1972 - 2021 period ending at 20.82 % in 2021.

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The tax on goods and services in Singapore
Current Prices Local Currency 20.92B current LCU in 2021 WB
Share of Value Added 3.88 % in 2021 WB
Tax On Goods And Services - Southeast Asia
Cambodia 46.01 % in 2021 WB
Thailand 42.86 % in 2021 WB
Indonesia 37.19 % in 2021 WB
Philippines 28.34 % in 2021 WB
Myanmar 24.41 % in 2019 WB
Malaysia 19.35 % in 2021 WB
Timor-Leste 5.15 % in 2021 WB
Government Finance Government Revenue Tax revenue in Singapore
Tax on Income, Profits and Capital Gains 36.92 % in 2021 WB
Other Taxes 16.63 % in 2021 WB
Taxes on International Trade 0.05 % in 2007 WB