Lebanon Gasoline prices, 14-Oct-2024

The current gasoline price in Lebanon is LBP 73,000.00 per liter or USD 0.74 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.
Lebanon
Gasoline prices
 Current price 0.74
 Measure USD/Liter
 Last update 2024-10-14
 Data availability from 2014-11-03
 Data frequency Weekly


We show Octane-95 gasoline price data for Lebanon from 2014-11-03 to 2024-10-14. The average gasoline price during that period is LBP 18,716.61 per liter with a minimum of LBP 930.00 on 2016-03-07 and a maximum of LBP 103,200.00 on 2023-03-20. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Lebanon every week.


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Gasoline prices
Price (LBP/Liter) Percent change
 Current price 73,000.00 -
 One month ago 70,800.00 3.1 %
 Three months ago 82,450.00 -11.5 %
 One year ago 79,300.00 -7.9 %


Lebanon Gasoline prices: The last eight weeks

Lebanon Gasoline prices: The last eight weeks

Lebanon Gasoline prices, liter, Lebanese Pound


Lebanon Gasoline prices: Historical graph; 2014-11-03-2024-10-14
* A long flat line means that the government fixes the prices.
Lebanon: Gasoline price analytics
    Value
Percent of world average gasoline price     57.45%
Correlation with crude oil prices     0.49
Percent change if oil prices increase 10%     11.33%
Correlation with USD exchange rate     -0.84
Price flexibility index: 0 (low) - 1 (high)     0.89
Correlation with diesel fuel prices     1.00
Percent of diesel price     111.13%
Cost of 40 liter tank, percent of income     9.31%
Gasoline consumption, percent of income     9.63%
Updated monthly. Methodological notes
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