Colombia Gasoline prices, 20-May-2024

The current gasoline price in Colombia is COP 4,080.40 per liter or USD 1.07 per liter and was updated on 20-May-2024. For comparison, the average price of gasoline in the world is USD 1.26 per liter.
Colombia
Gasoline prices
 Current price 1.07
 Measure USD/Liter
 Last update 2024-05-20
 Data availability from 2014-06-16
 Data frequency Weekly
Source: Comisión de Regulación de Energía y Gas (CREG)


We show Octane-95 gasoline price data for Colombia from 2014-06-16 to 2024-05-20. The average gasoline price during that period is COP 2,419.77 per liter with a minimum of COP 1,951.89 on 2016-03-07 and a maximum of COP 4,080.40 on 2024-04-15. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Colombia every week.


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Gasoline prices
Price (COP/Liter) Percent change
 Current price 4,080.40 -
 One month ago 4,080.40 0.0 %
 Three months ago 4,072.48 0.2 %
 One year ago 3,108.51 31.3 %


Our data on: CNN Bloomberg Reuters



Colombia Gasoline prices: The last eight weeks

Colombia Gasoline prices: The last eight weeks

Colombia Gasoline prices, liter, Colombian Peso


Colombia Gasoline prices: Historical graph; 2014-06-16-2024-05-20
* A long flat line means that the government fixes the prices.
Colombia: Gasoline price analytics
    Value
Percent of world average gasoline price     73.82%
Correlation with crude oil prices     0.39
Correlation with USD exchange rate     -0.35
Price flexibility index: 0 (low) - 1 (high)     0.19
Correlation with diesel fuel prices     0.67
Percent of diesel price     166.53%
Cost of 40 liter tank, percent of income     8.17%
Gasoline consumption, percent of income     2.09%
Updated monthly. Methodological notes
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