Philippines Gasoline prices, 26-Feb-2024

The current gasoline price in the Philippines is PHP 73.05 per liter or USD 1.30 per liter and was updated on 26-Feb-2024. For comparison, the average price of gasoline in the world is USD 1.22 per liter.
Gasoline prices
 Current price 1.30
 Measure USD/Liter
 Last update 2024-02-26
 Data availability from 2014-03-17
 Data frequency Weekly
Source: Department of Energy of the Philippines

We show Octane-95 gasoline price data for the Philippines from 2014-03-17 to 2024-02-26. The average gasoline price during that period is PHP 52.88 per liter with a minimum of PHP 34.85 on 2016-02-15 and a maximum of PHP 86.30 on 2022-07-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for the Philippines every week.

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Gasoline prices
Price (PHP/Liter) Percent change
 Current price 73.05 -
 One month ago 66.55 9.8 %
 Three months ago 64.65 13.0 %
 One year ago 62.45 17.0 %

Our data on: CNN Bloomberg Reuters

Philippines Gasoline prices, liter, Philippine Peso

Philippines Gasoline prices: Historical graph; 2014-03-17-2024-02-26
* A long flat line means that the government fixes the prices.
Philippines: Gasoline price analytics
Correlation with crude oil prices     0.91
Correlation with diesel fuel prices     0.96
Gasoline / world average gasoline price     0.86
Gasoline / diesel price     1.09
Cost of 40 liter tank, percent of income     14.84 %
Updated monthly. Methodological notes
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