Cape Verde Diesel prices, 13-May-2024

The current price of diesel fuel in Cape Verde is CVE 128.00 per liter or USD 1.25 per liter based on the latest update from 13-May-2024. For comparison, the world average diesel price is USD 1.19 per liter.
Cape Verde
Diesel prices
 Current price 1.25
 Measure USD/Liter
 Last update 2024-05-13
 Data availability from 2014-06-02
 Data frequency Weekly
Source: Agência Reguladora Multissetorial da Economia (ARME)


We show diesel price data for Cape Verde from 2014-06-02 to 2024-05-13. The average diesel price during that period is CVE 105.32 per liter with a minimum of CVE 62.70 on 2020-05-04 and a maximum of CVE 181.30 on 2022-07-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Cape Verde every week.


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Diesel prices
Price (CVE/Liter) Percent change
 Current price 128.00 -
 One month ago 128.30 -0.2 %
 Three months ago 126.90 0.9 %
 One year ago 122.50 4.5 %


Our data on: CNN Bloomberg Reuters



Cape Verde Diesel prices: The last eight weeks

Cape Verde Diesel prices: The last eight weeks

Cape Verde Diesel prices, liter, Cape Verde Escudo


Cape Verde Diesel prices: Historical graph; 2014-06-02-2024-05-13
* A long flat line means that the government fixes the prices.
Cape Verde: Diesel price analytics
    Value
Percent of world average diesel price     94.55%
Correlation with crude oil prices     0.83
Percent change if oil prices increase 10%     3.35%
Correlation with USD exchange rate     -0.79
Price flexibility index: 0 (low) - 1 (high)     0.24
Correlation with gasoline prices     0.87
Percent of gasoline price     85.66%
Cost of 40 liter tank, percent of income     16.82%
Diesel consumption, percent of income     0.76%
Updated monthly. Methodological notes
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