Madagascar Gasoline prices, 08-Jul-2024

The current gasoline price in Madagascar is MGA 5,900.00 per liter or USD 1.28 per liter and was updated on 08-Jul-2024. For comparison, the average price of gasoline in the world is USD 1.23 per liter.
Gasoline prices
 Current price 1.28
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Office Malgache des Hydrocarbures

We show Octane-95 gasoline price data for Madagascar from 2014-07-28 to 2024-07-08. The average gasoline price during that period is MGA 4,272.09 per liter with a minimum of MGA 3,017.43 on 2014-07-28 and a maximum of MGA 5,900.00 on 2022-07-11. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Madagascar every week.

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Gasoline prices
Price (MGA/Liter) Percent change
 Current price 5,900.00 -
 One month ago 5,900.00 0.0 %
 Three months ago 5,900.00 0.0 %
 One year ago 5,900.00 0.0 %

Our data on: CNN Bloomberg Reuters

Madagascar Gasoline prices: The last eight weeks

Madagascar Gasoline prices: The last eight weeks

Madagascar Gasoline prices, liter, Malagasy Ariary

Madagascar Gasoline prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Madagascar: Gasoline price analytics
Percent of world average gasoline price     94.85%
Correlation with crude oil prices     0.45
Correlation with USD exchange rate     -0.81
Price flexibility index: 0 (low) - 1 (high)     0.02
Correlation with diesel fuel prices     1.00
Percent of diesel price     120.41%
Cost of 40 liter tank, percent of income     125.75%
Gasoline consumption, percent of income     1.39%
Updated monthly. Methodological notes
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