Singapore—Government Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #102 of 139
Latest Value
18.6%
2024
YoY Change
+1.9%
2023 → 2024
Global Rank
#102
of 139 countries
Maximum
25.7%
2000
Minimum
15.9%
2022
CAGR
-1.3%
25 years
Last
18.6%
Previous
18.2%
Highest
25.7%
Lowest
15.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 18.6% | +1.9% |
| 2023 | 18.2% | +14.7% |
| 2022 | 15.9% | -7.3% |
| 2021 | 17.1% | -5.2% |
| 2020 | 18.1% | -13.7% |
| 2019 | 20.9% | +15.2% |
| 2018 | 18.2% | -9.9% |
| 2017 | 20.2% | +9.4% |
| 2016 | 18.4% | +2.4% |
| 2015 | 18.0% | -0.1% |
| 2014 | 18.0% | +4.5% |
| 2013 | 17.2% | -1.4% |
| 2012 | 17.5% | +2.7% |
| 2011 | 17.0% | +1.4% |
| 2010 | 16.8% | -1.6% |
| 2009 | 17.1% | -16.5% |
| 2008 | 20.4% | +6.1% |
| 2007 | 19.3% | +7.6% |
| 2006 | 17.9% | -1.5% |
| 2005 | 18.2% | -3.2% |
| 2004 | 18.8% | -3.3% |
| 2003 | 19.4% | -8.3% |
| 2002 | 21.2% | -13.0% |
| 2001 | 24.3% | -5.2% |
| 2000 | 25.7% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →