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Tax Revenue (Local Currency) in Singapore

Source: World Bank
Last Updated: February 1, 2023

Tax revenue reached SGD 61.4 bil in 2020 in Singapore, according to the National Statistical Office. This is 9.21% less than in the previous year.

Historically, tax revenue in Singapore reached an all time high of SGD 67.6 bil in 2019 and an all time low of SGD 1.21 bil in 1972.

Singapore has been ranked 78th within the group of 111 countries we follow in terms of tax revenue.

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