Latvia Diesel prices, 28-Oct-2024

The current price of diesel fuel in Latvia is EUR 1.49 per liter or USD 1.61 per liter based on the latest update from 28-Oct-2024. For comparison, the world average diesel price is USD 1.12 per liter.
Latvia
Diesel prices
 Current price 1.61
 Measure USD/Liter
 Last update 2024-10-28
 Data availability from 2014-11-17
 Data frequency Weekly


We show diesel price data for Latvia from 2014-11-17 to 2024-10-28. The average diesel price during that period is EUR 1.25 per liter with a minimum of EUR 0.84 on 2016-02-22 and a maximum of EUR 2.08 on 2022-06-27. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Latvia every week.


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Diesel prices
Price (EUR/Liter) Percent change
 Current price 1.49 -
 One month ago 1.45 2.8 %
 Three months ago 1.56 -4.5 %
 One year ago 1.63 -8.6 %


Latvia Diesel prices: The last eight weeks

Latvia Diesel prices: The last eight weeks

Latvia Diesel prices, liter, Euro


Latvia Diesel prices: Historical graph; 2014-11-17-2024-10-28
* A long flat line means that the government fixes the prices.
Latvia: Diesel price analytics
    Value
Percent of world average diesel price     133.62%
Correlation with crude oil prices     0.88
Percent change if oil prices increase 10%     6.10%
Correlation with USD exchange rate     -0.76
Price flexibility index: 0 (low) - 1 (high)     0.93
Correlation with gasoline prices     0.98
Percent of gasoline price     95.81%
Cost of 40 liter tank, percent of income     3.92%
Diesel consumption, percent of income     1.06%
Updated monthly. Methodological notes
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