Population density offers a fascinating lens through which to view the world. It’s not just about how many people live in a country – it’s about how closely they live together and how they use the space available to them.
While some nations have vast landmasses and scattered populations, the countries on this list have mastered the art (and sometimes the chaos) of packing people into every square kilometer.
For investors, densely populated countries often represent unique opportunities. These nations frequently have large consumer markets and competitive business environments.
If you’re considering going offshore for tax benefits, investment opportunities, or lifestyle reasons, understanding these high-density countries can help you make more informed decisions.
Let’s dive into the world’s 12 most densely populated countries, ranked by the number of people per square kilometer.
South Korea
Ranked 12th on our list, South Korea is truly a nation of remarkable contrasts.
With a population of over 51 million people spread across 100,210 square kilometers, South Korea combines dense urban centers with picturesque rural landscapes.
While its overall population density is lower than some of the other countries on this list, its urban areas, such as Seoul, are among the most densely populated in the world.
Bermuda
Bermuda, a self-governing British Overseas Territory, boasts a population density of 1,186 people per square kilometer.
Though tiny, with just 54 square kilometers of land, Bermuda is home to 64,069 full-time residents.
Bermuda is not only a picturesque destination but also a significant hub for international finance. It’s a great place to consider opening an offshore bank account, especially given its reputation for stability and strong financial services.
Sint Maarten
With 1,301 people per square kilometer, Sint Maarten is a densely populated Dutch dependency in the Caribbean. Covering just 34 square kilometers, it’s home to 44,222 residents.
This southern third of the island of Saint Martin is known for its vibrant culture and stunning beaches.
The island of Sint Maarten is packed with the mixes of Dutch, French, Afro-Caribbean, and Latin influences in food, music, and festivals.
Its proximity to other Lesser Antilles nations like Dominica and St. Kitts and Nevis makes it an intriguing option for those exploring offshore opportunities in the Caribbean.
Bangladesh
Bangladesh stands out as one of the world’s most densely populated countries, with 1,329 people per square kilometer.
Unlike many entries on this list, Bangladesh combines a large population – 175 million to be exact – with a relatively small land area of 147,600 square kilometers.
Located in South Asia, it shares borders with India and Myanmar. The country’s dense population drives a bustling economy, making Bangladesh an interesting case for those considering investments in frontier markets
Malta
Malta, with 1,672 people per square kilometer, is a stunning archipelago in the Mediterranean Sea. It’s home to 535,604 residents spread across just 316 square kilometers.
Malta is the only European Union country to offer the Malta Exceptional Investor Naturalization (MEIN) program, which allows investors to gain citizenship within 12 months. This makes it a compelling choice for those seeking European residency or citizenship.
Maldives
The Maldives, famous for its idyllic islands, has a population density of 1,737 people per square kilometer.
One of the most picturesque countries in this list, the Maldives is at risk with the ever-rising sea level which threatens its existence.
With a total population of 521,021 spread over just 300 square kilometers, the Maldives is also one of the few countries in the world with no income tax.
Indeed, for those looking for a tropical paradise with financial perks, the Maldives offers a unique blend of natural beauty and economic freedom.
Bahrain
Bahrain, a small Arab state in the Persian Gulf, has a population density of 1,892 people per square kilometer.
Its 1,485,509 residents live within 765 square kilometers. Known for financial services and modern infrastructure, Bahrain is rather attractive for investors and businesses looking to establish a presence in the Middle East.
Gibraltar
Gibraltar, a British Overseas Territory located on Spain’s southern coast, has a staggering population density of 4,807 people per square kilometer. With just seven square kilometers of land, it’s home to 32,688 residents.
Gibraltar is a popular jurisdiction for company formation and is known for being crypto-friendly. Its unique position as a European tax haven makes it an excellent choice for those seeking a nomadic lifestyle with tax benefits.
Hong Kong
Hong Kong is a global financial hub with a population density of 7,135 people per square kilometer. Its 7.5 million inhabitants are packed into just 1,100 square kilometers.
As one of the world’s most important financial centers, Hong Kong offers endless opportunities for business, banking, and investment.
Not only it’s among the most densely populated countries, but Bahrain is also the first to discover oil in the Persian Gulf, and with the prosperity that comes with it, becomes another prominent financial hub in the region.
Singapore
Singapore, a city-state at the southern tip of the Malay Peninsula, has a population density of 8,377 people per square kilometer.
With 6 million residents across 710 square kilometers, Singapore is a beacon of economic success and innovation.
Known for its business-friendly policies, exceptional infrastructure, and low tax rates, it’s no wonder Singapore is a favorite jurisdiction for wealthy expats.
Monaco: The World’s Most Densely Populated Country
Monaco, nestled on the French Riviera, is the most densely populated country in the world, with 18,149 people per square kilometer.
This tiny principality covers just two square kilometers and is home to 36,000 residents. Monaco’s zero income tax policy, luxurious lifestyle, and Mediterranean charm make it a magnet for the world’s elite.
Macau: The World’s Most Densely Populated Territory
Technically a special administration region of China, and not its own country, Macau is still more densely populated as a city than anywhere else on this list.
With an astonishing population density of 55,433 people per square kilometer, Macau tops the list. This Special Administrative Region of China has 704,149 residents packed into just 33 square kilometers.
Known as the “Las Vegas of Asia,” Macau is the world’s largest gambling destination, drawing millions of visitors annually. Its unique status and economic opportunities make it a fascinating place for investors and global citizens.
Why Densely Populated Countries Matter
Dense countries come with their own set of challenges, such as limited space and strain on infrastructure.
However, they also offer significant opportunities. High population density often correlates with strong consumer markets, competitive real estate sectors, and unique investment avenues.
For those looking to diversify, reduce taxes, or explore offshore banking, these countries do provide intriguing options.
Indeed, whether it’s the financial hubs of Hong Kong and Singapore, the tax-free allure of Monaco and the Maldives, or the hustle of Bangladesh, densely populated nations are a unique group.
