2023 Population: 5.9 million
Singapore is the smallest Member State in ASEAN in term of area with a total area of only 719 km2, but the most population intensive country with 5.9 million people living in the country in 2023. Singapore shares a maritime border with Malaysia and Indonesia. The GDP (Current US$) is USD 505.4 billion, growing with the rate of 15.8% in 2018 [1]. The electrification rate in Singapore has already reached 100%. The electricity is consumed high compared to other ASEAN member state, in the amount of 9,483 kWh per capita.
Singapore is the region’s second-largest gas importer. The country is expanding its existing LNG importing facility and is seeking to become a major LNG trading hub. Singapore’s energy policy has also set strong objectives to 2030, including improving the country’s energy efficiency by 36% by 2030 from 2005 level. Currently, 94.45% of Singapore’s electricity is produced using gas, while the rest is produced by biomass (2.84%) and solar PV (1.42%) [2].
[1] National account with conversion value of WDI
[2] Country official data