Singapore Oil Consumption

1965 - 2023 | Yearly | Barrel/Day th | BP PLC

Key information about Singapore Oil Consumption

  • Singapore Oil Consumption was reported at 1,359.343 Barrel/Day th in Dec 2023
  • This records an increase from the previous number of 1,203.432 Barrel/Day th for Dec 2022
  • Singapore Oil Consumption data is updated yearly, averaging 578.361 Barrel/Day th from Dec 1965 to 2023, with 59 observations
  • The data reached an all-time high of 1,359.343 Barrel/Day th in 2023 and a record low of 76.500 Barrel/Day th in 1965
  • Singapore Oil Consumption data remains active status in CEIC and is reported by BP PLC
  • The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

View Singapore's Oil Consumption from 1965 to 2023 in the chart:

Singapore Oil Consumption

What was Singapore's Oil Consumption in 2023?

Singapore Oil Consumption was reported at 1,359.343 Barrel/Day th in Dec 2023 See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,359.343 2023 1,203.432 2022 76.500 1965 1,359.343 2023 Barrel/Day th yearly 1965 - 2023

Oil Consumption by Country Comparison

country/region Last Frequency Range
Algeria (Barrel/Day th) 439.929 2023 yearly 1965 - 2023
Argentina (Barrel/Day th) 689.692 2023 yearly 1965 - 2023
Australia (Barrel/Day th) 1,056.211 2023 yearly 1965 - 2023
Austria (Barrel/Day th) 234.051 2023 yearly 1965 - 2023
Azerbaijan (Barrel/Day th) 130.084 2023 yearly 1985 - 2023
Bangladesh (Barrel/Day th) 239.750 2023 yearly 1971 - 2023
Belarus (Barrel/Day th) 148.256 2023 yearly 1985 - 2023
Belgium (Barrel/Day th) 556.428 2023 yearly 1965 - 2023
Brazil (Barrel/Day th) 2,566.948 2023 yearly 1965 - 2023
Bulgaria (Barrel/Day th) 105.901 2023 yearly 1965 - 2023
Canada (Barrel/Day th) 2,351.163 2023 yearly 1965 - 2023
Chile (Barrel/Day th) 416.424 2023 yearly 1965 - 2023
China (Barrel/Day th) 16,576.537 2023 yearly 1965 - 2023
Colombia (Barrel/Day th) 484.497 2023 yearly 1965 - 2023
Croatia (Barrel/Day th) 69.922 2023 yearly 1990 - 2023
Cyprus (Barrel/Day th) 48.130 2023 yearly 1965 - 2023
Czech Republic (Barrel/Day th) 205.720 2023 yearly 1965 - 2023
Denmark (Barrel/Day th) 152.952 2023 yearly 1965 - 2023
Ecuador (Barrel/Day th) 287.414 2023 yearly 1965 - 2023
Egypt (Barrel/Day th) 741.902 2023 yearly 1965 - 2023
Estonia (Barrel/Day th) 26.663 2023 yearly 1985 - 2023
Finland (Barrel/Day th) 164.121 2023 yearly 1965 - 2023
France (Barrel/Day th) 1,347.801 2023 yearly 1965 - 2023
Germany (Barrel/Day th) 1,954.716 2023 yearly 1965 - 2023
Greece (Barrel/Day th) 296.870 2023 yearly 1965 - 2023
Hong Kong SAR, China (Barrel/Day th) 268.251 2023 yearly 1965 - 2023
Hungary (Barrel/Day th) 167.249 2023 yearly 1965 - 2023
Iceland (Barrel/Day th) 16.927 2023 yearly 1965 - 2023
India (Barrel/Day th) 5,446.103 2023 yearly 1965 - 2023
Indonesia (Barrel/Day th) 1,603.769 2023 yearly 1965 - 2023
Iran (Barrel/Day th) 1,816.840 2023 yearly 1965 - 2023
Iraq (Barrel/Day th) 772.000 2022 yearly 1965 - 2022
Ireland (Barrel/Day th) 147.605 2023 yearly 1965 - 2023
Israel (Barrel/Day th) 223.346 2023 yearly 1965 - 2023
Italy (Barrel/Day th) 1,221.035 2023 yearly 1965 - 2023
Japan (Barrel/Day th) 3,365.773 2023 yearly 1965 - 2023
Kazakhstan (Barrel/Day th) 348.999 2023 yearly 1985 - 2023
South Korea (Barrel/Day th) 2,796.973 2023 yearly 1965 - 2023
Kuwait (Barrel/Day th) 411.498 2023 yearly 1965 - 2023
Latvia (Barrel/Day th) 36.000 2022 yearly 1985 - 2022
Lithuania (Barrel/Day th) 65.140 2023 yearly 1985 - 2023
Luxembourg (Barrel/Day th) 49.000 2022 yearly 1965 - 2022
North Macedonia (Barrel/Day th) 24.000 2022 yearly 1990 - 2022
Malaysia (Barrel/Day th) 929.556 2023 yearly 1965 - 2023
Mexico (Barrel/Day th) 1,961.618 2023 yearly 1965 - 2023
Morocco (Barrel/Day th) 300.366 2023 yearly 1965 - 2023
Netherlands (Barrel/Day th) 850.292 2023 yearly 1965 - 2023
New Zealand (Barrel/Day th) 156.557 2023 yearly 1965 - 2023
Norway (Barrel/Day th) 213.354 2023 yearly 1965 - 2023
Oman (Barrel/Day th) 226.000 2022 yearly 1965 - 2022
Pakistan (Barrel/Day th) 393.519 2023 yearly 1965 - 2023
Peru (Barrel/Day th) 268.919 2023 yearly 1965 - 2023
Philippines (Barrel/Day th) 471.403 2023 yearly 1965 - 2023
Poland (Barrel/Day th) 699.843 2023 yearly 1965 - 2023
Portugal (Barrel/Day th) 216.321 2023 yearly 1965 - 2023
Qatar (Barrel/Day th) 369.968 2023 yearly 1965 - 2023
Romania (Barrel/Day th) 223.411 2023 yearly 1965 - 2023
Russia (Barrel/Day th) 3,634.960 2023 yearly 1985 - 2023
Saudi Arabia (Barrel/Day th) 4,051.907 2023 yearly 1965 - 2023
Singapore (Barrel/Day th) 1,359.343 2023 yearly 1965 - 2023
Slovakia (Barrel/Day th) 88.235 2023 yearly 1965 - 2023
Slovenia (Barrel/Day th) 54.000 2022 yearly 1990 - 2022
South Africa (Barrel/Day th) 522.421 2023 yearly 1965 - 2023
Spain (Barrel/Day th) 1,227.784 2023 yearly 1965 - 2023
Sri Lanka (Barrel/Day th) 98.000 2022 yearly 1965 - 2022
Sweden (Barrel/Day th) 240.332 2023 yearly 1965 - 2023
Switzerland (Barrel/Day th) 188.357 2023 yearly 1965 - 2023
Taiwan (Barrel/Day th) 839.579 2023 yearly 1965 - 2023
Thailand (Barrel/Day th) 1,221.144 2023 yearly 1965 - 2023
Trinidad and Tobago (Barrel/Day th) 32.645 2023 yearly 1965 - 2023
Turkey (Barrel/Day th) 1,135.886 2023 yearly 1965 - 2023
Turkmenistan (Barrel/Day th) 145.936 2023 yearly 1985 - 2023
Ukraine (Barrel/Day th) 203.797 2023 yearly 1985 - 2023
United Arab Emirates (Barrel/Day th) 1,139.420 2023 yearly 1965 - 2023
United Kingdom (Barrel/Day th) 1,324.763 2023 yearly 1965 - 2023
United States (Barrel/Day th) 18,983.557 2023 yearly 1965 - 2023
Uzbekistan (Barrel/Day th) 125.983 2023 yearly 1985 - 2023
Venezuela (Barrel/Day th) 396.384 2023 yearly 1965 - 2023
Vietnam (Barrel/Day th) 602.111 2023 yearly 1965 - 2023

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Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.1 Sep 2024 quarterly Mar 2012 - Sep 2024
Consolidated Fiscal Balance (USD mn) -2,430.664 Oct 2024 monthly Apr 2011 - Oct 2024
Tax Revenue (USD mn) 3,481.846 Oct 2024 monthly Aug 1987 - Oct 2024
Tax Revenue: % of GDP (%) 16.0 Sep 2024 quarterly Dec 1987 - Sep 2024
National Government Debt (USD mn) 962,571.7 Sep 2024 quarterly Mar 1990 - Sep 2024
Government Debt: % of GDP (%) 173.0 Sep 2024 quarterly Mar 1990 - Sep 2024
Forecast: Government Expenditure (SGD bn) 146.244 2030 yearly 1991 - 2030
Forecast: Government Net Debt (SGD bn) 1,597.757 2030 yearly 1991 - 2030
Forecast: Government Revenue (SGD bn) 169.136 2030 yearly 1991 - 2030
Govt Finance: Cash Surplus / Deficit (SGD mn) -3,186.600 Oct 2024 monthly Apr 2011 - Oct 2024
Govt Revenue: Operating (SGD mn) 5,424.000 Oct 2024 monthly Jan 2003 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.333 2029 yearly 1980 - 2029
Trade Balance (USD mn) 4,876.3 Nov 2024 monthly Jan 1976 - Nov 2024
Total Exports (USD mn) 44,018.1 Nov 2024 monthly Jan 1976 - Nov 2024
Total Exports Growth (%) 7.0 Nov 2024 monthly Jan 1977 - Nov 2024
Aluminum: Exports (USD th) 482,034.010 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 8,750,013.495 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,962,678.423 2023 yearly 1995 - 2023
Total Imports (USD mn) 39,141.8 Nov 2024 monthly Jan 1964 - Nov 2024
Total Imports Growth (%) 6.7 Nov 2024 monthly Jan 1965 - Nov 2024
Imports: Medicament (USD th) 2,018,410.885 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,453,494.459 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 3,889.358 Nov 2024 monthly Jan 1976 - Nov 2024
Total Imports from USA (USD mn) 4,497.292 Nov 2024 monthly Jan 1976 - Nov 2024
Total Exports to China (USD mn) 5,929.416 Nov 2024 monthly Jan 1975 - Nov 2024
Total Imports from China (USD mn) 5,117.631 Nov 2024 monthly Jan 1975 - Nov 2024
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Exports: Indonesia (SGD mn) 4,269.881 Nov 2024 monthly Jan 2003 - Nov 2024
Export Value Index (2015=100) 130.084 2021 yearly 1980 - 2021
Import Value Index (2015=100) 136.736 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12,847.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Current Account Balance (USD mn) 25,888.7 Sep 2024 quarterly Mar 1986 - Sep 2024
Current Account Balance: % of GDP (%) 18.7 Sep 2024 quarterly Mar 1986 - Sep 2024
Foreign Direct Investment (USD mn) 35,607.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Direct Investment: % of GDP (%) 25.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Portfolio Investment (USD mn) 8,296.954 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 6.0 Sep 2024 quarterly Mar 1995 - Sep 2024
External Debt (USD mn) 2,011,208.2 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,298,666.8 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 95.944 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 840,737.603 Jun 2024 quarterly Dec 2013 - Jun 2024
BoP: Net Errors and Omissions (SGD mn) -1,077.000 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Direct Investment (SGD mn) -30,016.700 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Primary Income Balance (SGD mn) -30,465.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Services: Imports (SGD mn) 110,690.100 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Goods: Balance (SGD mn) 52,526.800 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Financial Derivatives: Assets (SGD mn) -1,330.100 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: CA: Primary Income Balance: Payment (SGD mn) 95,622.200 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Goods: Exports (SGD mn) 193,025.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Services: Balance (SGD mn) 13,944.000 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Services: Exports (SGD mn) 124,634.100 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 10,942.300 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: Financial Account (FA): Net (SGD mn) 15,729.500 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Others: Assets (SGD mn) 22,166.000 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Others (SGD mn) 18,949.600 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Others: Liabilities (SGD mn) 3,216.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: CA: Goods: Imports (SGD mn) 140,498.600 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Direct Investment: Assets (SGD mn) 16,943.600 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: CA: Secondary Income Balance (SGD mn) -1,862.500 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Portfolio Inv: Assets (SGD mn) 43,788.900 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: FA: Portfolio Investment (SGD mn) 32,846.600 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 4,719.900 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: CA: Primary Income Balance: Receipts (SGD mn) 65,156.800 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Financial Derivatives (SGD mn) -6,050.000 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Official Reserves (OR): Net (SGD mn) 17,336.400 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: Current Account (CA) Balance (SGD mn) 34,142.900 Sep 2024 quarterly Mar 1986 - Sep 2024
BoP: FA: Direct Investment: Liabilities (SGD mn) 46,960.300 Sep 2024 quarterly Mar 1995 - Sep 2024
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,424,878.600 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: DTC: Long Term (SGD mn) 176,484.200 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: OS: Long Term (SGD mn) 302,795.900 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross (SGD mn) 2,725,589.400 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Gross: OL: OS: Short Term (SGD mn) 335,074.700 Jun 2024 quarterly Jun 2003 - Jun 2024
Direct Investment Abroad: European Union (EU-27) (SGD mn) 196,949.200 2022 yearly 1994 - 2022
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,476,535.300 2022 yearly 1998 - 2022
FDI: By Industry: Manufacturing (SGD mn) 323,144.100 2022 yearly 1998 - 2022
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,171.600 2022 yearly 1998 - 2022
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 175,782.000 2022 yearly 1998 - 2022
FDI: By Country: Switzerland (SGD mn) 80,150.900 2022 yearly 1998 - 2022
Foreign Direct Investment (FDI): Total (SGD mn) 2,618,994.200 2022 yearly 1998 - 2022
FDI: By Country: United States (SGD mn) 574,017.500 2022 yearly 1998 - 2022
FDI: By Country: United Kingdom (SGD mn) 138,604.600 2022 yearly 1998 - 2022
FDI: By Country: Japan (SGD mn) 177,665.900 2022 yearly 1998 - 2022
FDI: By Country: Netherlands (SGD mn) 70,409.500 2022 yearly 1998 - 2022
Business Entities (BE): Formation: Total (Number) 5,902.000 Nov 2024 monthly Jan 1970 - Nov 2024
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2023 yearly 2005 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 52.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 361,054.618 Oct 2024 monthly Mar 2004 - Oct 2024
Money Supply M2 (USD mn) 1,014,287.131 Oct 2024 monthly Mar 2004 - Oct 2024
M2 Growth (%) 5.4 Oct 2024 monthly Mar 2005 - Oct 2024
Foreign Exchange Reserves (USD mn) 369,677.0 Oct 2024 monthly Apr 2000 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 70.512 Sep 2024 quarterly Jun 2000 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 9.4 Nov 2024 monthly Apr 2000 - Nov 2024
Gold Reserves (USD mn) 6,412.300 Oct 2024 monthly Apr 2000 - Oct 2024
Total Deposits (USD mn) 1,410,874.376 Oct 2024 monthly Jan 1991 - Oct 2024
Total Deposits Growth (%) 7.6 Oct 2024 monthly Jan 1992 - Oct 2024
Domestic Credit (USD mn) 881,658.7 Oct 2024 monthly Mar 2004 - Oct 2024
Domestic Credit Growth (%) 4.5 Oct 2024 monthly Mar 2005 - Oct 2024
Credit to Households (USD bn) 236.805 Dec 2023 quarterly Mar 1991 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 897.411 Dec 2023 quarterly Dec 1963 - Dec 2023
Household Debt (USD mn) 290,266.3 Sep 2024 monthly Mar 2004 - Sep 2024
Total Loans (USD mn) 964,401.361 Oct 2024 monthly Mar 2004 - Oct 2024
Total Loans Growth (%) 1.47 Oct 2024 monthly Mar 2005 - Oct 2024
Private Debt: % of Nominal GDP (%) 127.40 Sep 2024 quarterly Mar 2004 - Sep 2024
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.4 Nov 2024 monthly Jan 2000 - Nov 2024
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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