Georgia Gasoline prices, 30-Sep-2024

The current gasoline price in Georgia is GEL 3.24 per liter or USD 1.19 per liter and was updated on 30-Sep-2024. For comparison, the average price of gasoline in the world is USD 1.20 per liter.
Georgia
Gasoline prices
 Current price 1.19
 Measure USD/Liter
 Last update 2024-09-30
 Data availability from 2014-10-20
 Data frequency Weekly


We show Octane-95 gasoline price data for Georgia from 2014-10-20 to 2024-09-30. The average gasoline price during that period is GEL 2.56 per liter with a minimum of GEL 1.65 on 2016-03-21 and a maximum of GEL 4.00 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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Gasoline prices
Price (GEL/Liter) Percent change
 Current price 3.24 -
 One month ago 3.30 -1.8 %
 Three months ago 3.34 -3.0 %
 One year ago 3.33 -2.7 %


Georgia Gasoline prices: The last eight weeks

Georgia Gasoline prices: The last eight weeks

Georgia Gasoline prices, liter, Georgian Lari


Georgia Gasoline prices: Historical graph; 2014-10-20-2024-09-30
* A long flat line means that the government fixes the prices.
Georgia: Gasoline price analytics
    Value
Percent of world average gasoline price     88.20%
Correlation with crude oil prices     0.83
Percent change if oil prices increase 10%     3.77%
Correlation with USD exchange rate     -0.07
Price flexibility index: 0 (low) - 1 (high)     0.48
Correlation with diesel fuel prices     0.93
Percent of diesel price     101.07%
Cost of 40 liter tank, percent of income     11.76%
Gasoline consumption, percent of income     5.20%
Updated monthly. Methodological notes
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