Singapore - Price of Electricity
Since 2015, Singapore Price of Electricity fell by 20% year on year. With 5.5 US Cents per Kilowatthour in 2020, the country was number 170 comparing other countries in Price of Electricity. Singapore is overtaken by Mongolia, which was ranked number 169 at 5.6 US Cents per Kilowatthour and is followed by Uzbekistan at 5.2 US Cents per Kilowatthour. Venezuela lead the ranking with 123.8 US Cents per Kilowatthour in 2020, a decrease of 81.1% compared to 2019. Solomon Islands, Antigua and Barbuda and Federated States of Micronesia respectively ranked number 2, 3 and 4 in this ranking. Slovenia witnessed the best average annual growth at +14.9% per year, while Venezuela witnessed the worst performance at -33.5% per year.
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| Date | US Cents per Kilowatthour |
|---|---|
| 2020 | 5.50 |
| 2019 | 10.20 |
| 2018 | 10.00 |
| 2017 | 8.10 |
| 2016 | 11.30 |
How does Singapore rank in Price of Electricity?
| # | 183 Countries | US Cents per Kilowatthour | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Venezuela
|
123.80 | 2020 | -81.1 % | -33.5 % | View data | |
| 2 |
#2
Solomon Islands
|
71.60 | 2020 | +6.2 % | -6.2 % | View data | |
| 169 |
#169
Mongolia
|
5.60 | 2020 | -5.1 % | -4.1 % | View data | |
| 170 |
#170
Singapore
|
5.50 | 2020 | -46.1 % | -20.0 % | View data | |
| 171 |
#171
Iran
|
5.20 | 2020 | -1.9 % | -12.3 % | View data | |