Cape Verde Gasoline prices, 14-Oct-2024

The current gasoline price in Cape Verde is CVE 125.50 per liter or USD 1.24 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.
Cape Verde
Gasoline prices
 Current price 1.24
 Measure USD/Liter
 Last update 2024-10-14
 Data availability from 2014-11-03
 Data frequency Weekly
Source: Agência Reguladora Multissetorial da Economia (ARME)


We show Octane-95 gasoline price data for Cape Verde from 2014-11-03 to 2024-10-14. The average gasoline price during that period is CVE 125.53 per liter with a minimum of CVE 79.80 on 2020-05-04 and a maximum of CVE 190.70 on 2022-06-06. 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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Gasoline prices
Price (CVE/Liter) Percent change
 Current price 125.50 -
 One month ago 134.50 -6.7 %
 Three months ago 142.30 -11.8 %
 One year ago 160.00 -21.6 %


Cape Verde Gasoline prices: The last eight weeks

Cape Verde Gasoline prices: The last eight weeks

Cape Verde Gasoline prices, liter, Cape Verde Escudo


Cape Verde Gasoline prices: Historical graph; 2014-11-03-2024-10-14
* A long flat line means that the government fixes the prices.
Cape Verde: Gasoline price analytics
    Value
Percent of world average gasoline price     102.15%
Correlation with crude oil prices     0.91
Percent change if oil prices increase 10%     4.79%
Correlation with USD exchange rate     -0.61
Price flexibility index: 0 (low) - 1 (high)     0.24
Correlation with diesel fuel prices     0.87
Percent of diesel price     115.57%
Cost of 40 liter tank, percent of income     19.24%
Gasoline consumption, percent of income     0.87%
Updated monthly. Methodological notes
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