Government Revenues in Singapore decreased to 11670.70 SGD Million in June from 17755.40 SGD Million in May of 2025. This dataset provides - Singapore Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Singapore Tax revenue: % of GDP

• Singapore Tax revenue: % of GDP was reported at 10.4 % in Dec 2024.
• This records a decrease from the previous number of 16.0 % for Sep 2024.
• Singapore Tax revenue: % of GDP data is updated quarterly, averaging 12.1 % from Dec 1987 to Dec 2024, with 149 observations.
• The data reached an all-time high of 16.5 % in Mar 2018 and a record low of 5.7 % in Dec 2002.
• Singapore Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

Key information about Singapore Tax Revenue

• Singapore Tax Revenue was reported at 4.434 USD bn in Jan 2025.
• This records an increase from the previous figure of 4.138 USD bn for Dec 2024.
• Singapore Tax Revenue data is updated monthly, averaging 1.454 USD bn from Aug 1987 to Jan 2025, with 450 observations.
• The data reached an all-time high of 11.200 USD bn in May 2024 and a record low of 65.908 USD mn in Oct 2002.
• Singapore Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

Tax revenue (% of GDP) in Singapore was reported at 13.89 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

The revenue in the eservices e-commerce market in Singapore was modeled to amount to ************ U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************ U.S. dollars since 2017. Between 2024 and 2029, the revenue will rise by ************* U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on eServices.

In 2021, the tax revenue received in Singapore amounted to approximately 55.65 billion U.S. dollars. Singapore's revenue from taxes had been increasing in the last ten years, despite the decline in 2020.

Singapore Revenue: Customs and Excise: IE: Petroleum data was reported at 67.200 SGD mn in Sep 2018. This records a decrease from the previous number of 67.900 SGD mn for Aug 2018. Singapore Revenue: Customs and Excise: IE: Petroleum data is updated monthly, averaging 35.950 SGD mn from Jun 1994 (Median) to Sep 2018, with 292 observations. The data reached an all-time high of 126.500 SGD mn in Jul 2003 and a record low of -0.200 SGD mn in Apr 2003. Singapore Revenue: Customs and Excise: IE: Petroleum data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.F003: Government Revenue: Customs and Excise Department.

Singapore Govt Revenue: Tax: Betting, Sweepstakes and Private Lotteries data was reported at 230.000 SGD mn in Sep 2018. This records an increase from the previous number of 219.000 SGD mn for Aug 2018. Singapore Govt Revenue: Tax: Betting, Sweepstakes and Private Lotteries data is updated monthly, averaging 125.050 SGD mn from Aug 1987 (Median) to Sep 2018, with 374 observations. The data reached an all-time high of 343.900 SGD mn in Mar 2016 and a record low of 16.700 SGD mn in Sep 1987. Singapore Govt Revenue: Tax: Betting, Sweepstakes and Private Lotteries data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.F002: Government Revenue: Inland Revenue Authority.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_ded25bc32d6ae32d99e7de7830a7a6fc/view

Key information about Singapore Tourism Revenue

• Singapore's Tourism Revenue reached 6 USD bn in Sep 2024, compared with 5 USD bn in the previous quarter
• Singapore's Tourism Revenue data is updated quarterly, available from Mar 2007 to Sep 2024
• The data reached an all-time high of 6,027 USD mn in Mar 2024 and a record low of 111 USD mn in Jun 2020

Singapore SG: Expenditure: Interest Payments: % of Revenue data was reported at 0.003 % in 2017. This records an increase from the previous number of 0.003 % for 2016. Singapore SG: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 3.884 % from Mar 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 29.320 % in 1988 and a record low of 0.001 % in 2015. Singapore SG: Expenditure: Interest Payments: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Taxes on income, profits and capital gains (% of revenue) in Singapore was reported at 39.97 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Taxes on income, profits and capital gains (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Interest payments (% of revenue) in Singapore was reported at 0.418 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Interest payments (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Dataset from Singapore Customs. For more information, visit https://data.gov.sg/datasets/d_a193b9d2ca09a24e21190a1573fa01ab/view

Singapore Govt Revenue: Tax data was reported at 4,637.000 SGD mn in Sep 2018. This records a decrease from the previous number of 7,470.600 SGD mn for Aug 2018. Singapore Govt Revenue: Tax data is updated monthly, averaging 1,684.900 SGD mn from Aug 1987 (Median) to Sep 2018, with 374 observations. The data reached an all-time high of 9,100.300 SGD mn in Jan 2018 and a record low of 117.600 SGD mn in Oct 2002. Singapore Govt Revenue: Tax data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.F002: Government Revenue: Inland Revenue Authority.

In 2023, government revenue in Singapore amounted to **** percent of the nation's gross domestic product (GDP). This figure represents an increase of more than two percent compared to the previous year.

Revenue, excluding grants (current LCU) in Singapore was reported at 123618139300 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Revenue, excluding grants (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Singapore SG: Revenue Excluding Grants: % of GDP data was reported at 19.021 % in 2017. This records an increase from the previous number of 18.228 % for 2016. Singapore SG: Revenue Excluding Grants: % of GDP data is updated yearly, averaging 23.810 % from Mar 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 28.747 % in 1984 and a record low of 17.019 % in 2011. Singapore SG: Revenue Excluding Grants: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank: Government Revenue, Expenditure and Finance. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average;

Revenue, excluding grants (% of GDP) in Singapore was reported at 18.21 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Revenue, excluding grants (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Tax revenue (current LCU) in Singapore was reported at 94302770021 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Tax revenue (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.