Georgia Diesel prices, 08-Jul-2024

The current price of diesel fuel in Georgia is GEL 3.28 per liter or USD 1.20 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Georgia
Diesel prices
 Current price 1.20
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly


We show diesel price data for Georgia from 2014-07-28 to 2024-07-08. The average diesel price during that period is GEL 2.56 per liter with a minimum of GEL 1.35 on 2016-03-21 and a maximum of GEL 4.71 on 2022-07-18. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Georgia every week.


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Diesel prices
Price (GEL/Liter) Percent change
 Current price 3.28 -
 One month ago 3.29 -0.3 %
 Three months ago 3.29 -0.3 %
 One year ago 2.91 12.7 %


Our data on: CNN Bloomberg Reuters



Georgia Diesel prices: The last eight weeks

Georgia Diesel prices: The last eight weeks

Georgia Diesel prices, liter, Georgian Lari


Georgia Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Georgia: Diesel price analytics
    Value
Percent of world average diesel price     91.18%
Correlation with crude oil prices     0.82
Percent change if oil prices increase 10%     4.59%
Correlation with USD exchange rate     0.06
Price flexibility index: 0 (low) - 1 (high)     0.50
Correlation with gasoline prices     0.93
Percent of gasoline price     99.25%
Cost of 40 liter tank, percent of income     11.13%
Diesel consumption, percent of income     4.91%
Updated monthly. Methodological notes
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