Philippines Gasoline prices, 17-Jun-2024

The current gasoline price in the Philippines is PHP 63.20 per liter or USD 1.08 per liter and was updated on 17-Jun-2024. For comparison, the average price of gasoline in the world is USD 1.22 per liter.
Gasoline prices
 Current price 1.08
 Measure USD/Liter
 Last update 2024-06-17
 Data availability from 2014-07-07
 Data frequency Weekly
Source: Department of Energy of the Philippines

We show Octane-95 gasoline price data for the Philippines from 2014-07-07 to 2024-06-17. The average gasoline price during that period is PHP 53.34 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 63.20 -
 One month ago 64.40 -1.9 %
 Three months ago 72.06 -12.3 %
 One year ago 61.15 3.4 %

Our data on: CNN Bloomberg Reuters

Philippines Gasoline prices: The last eight weeks

Philippines Gasoline prices: The last eight weeks

Philippines Gasoline prices, liter, Philippine Peso

Philippines Gasoline prices: Historical graph; 2014-07-07-2024-06-17
* A long flat line means that the government fixes the prices.
Philippines: Gasoline price analytics
Percent of world average gasoline price     89.63%
Correlation with crude oil prices     0.90
Percent change if oil prices increase 10%     4.22%
Correlation with USD exchange rate     -0.74
Price flexibility index: 0 (low) - 1 (high)     0.84
Correlation with diesel fuel prices     0.95
Percent of diesel price     117.90%
Cost of 40 liter tank, percent of income     17.72%
Updated monthly. Methodological notes
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