Singapore - Taxes on international trade (current LCU)

The value for Taxes on international trade (current LCU) in Singapore was 0.00 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 701,000,000.00 in 2002 and a minimum value of 0.00 in 2008.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 196,000,000.00
1973 238,000,000.00
1974 223,000,000.00
1975 238,000,000.00
1976 273,000,000.00
1977 313,000,000.00
1978 340,000,000.00
1979 394,000,000.00
1980 437,000,000.00
1981 429,000,000.00
1982 488,000,000.00
1983 516,000,000.00
1984 522,000,000.00
1985 391,000,000.00
1986 318,000,000.00
1987 353,000,000.00
1988 380,000,000.00
1989 385,000,000.00
1990 357,000,000.00
1991 433,000,000.00
1992 437,000,000.00
1993 449,000,000.00
1994 395,000,000.00
1995 389,000,000.00
1996 453,000,000.00
1997 448,000,000.00
1998 450,000,000.00
1999 510,000,000.00
2000 607,000,000.00
2001 609,000,000.00
2002 701,000,000.00
2003 17,000,000.00
2004 24,000,000.00
2005 24,000,000.00
2006 26,000,000.00
2007 25,000,000.00
2008 0.00
2009 0.00
2010 0.00
2011 0.00
2012 0.00
2013 0.00
2014 0.00
2015 0.00
2016 0.00
2017 0.00
2018 0.00
2019 0.00

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance