Australia Gasoline prices, 14-Oct-2024
The current gasoline price in Australia is AUD 1.61 per liter or USD 1.08 per liter and was updated on 14-Oct-2024.
For comparison, the average price of gasoline in the world is USD 1.18 per liter.
Australia |
Gasoline prices |
|---|---|
| Current price | 1.08 |
| Measure | USD/Liter |
| Last update | 2024-10-14 |
| Data availability from | 2014-11-03 |
| Data frequency | Weekly |
We show Octane-95 gasoline price data for Australia
from 2014-11-03 to 2024-10-14.
The average gasoline price during that period is AUD 1.45
per liter with a minimum of
AUD 0.98 on 2020-05-04 and a maximum of
AUD 2.13 on 2022-03-21.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for Australia every week.
Gasoline prices |
Price (AUD/Liter) | Percent change |
|---|---|---|
| Current price | 1.61 | - |
| One month ago | 1.63 | -1.2 % |
| Three months ago | 1.73 | -6.9 % |
| One year ago | 1.82 | -11.5 % |
Australia Gasoline prices: The last eight weeks
Australia Gasoline prices, liter, Australian Dollar
* A long flat line means that the government fixes the prices.
Australia: Gasoline price analytics |
Value |
|---|---|
| Percent of world average gasoline price | 81.28% |
| Correlation with crude oil prices | 0.92 |
| Percent change if oil prices increase 10% | 4.30% |
| Correlation with USD exchange rate | -0.36 |
| Price flexibility index: 0 (low) - 1 (high) | 0.90 |
| Correlation with diesel fuel prices | 0.94 |
| Percent of diesel price | 97.31% |
| Cost of 40 liter tank, percent of income | 0.90% |
| Gasoline consumption, percent of income | 1.13% |
Updated monthly. Methodological notes
