Electricity prices by continent and country groups

The table presents average electricity rates (in USD per kWh) for both residential and business consumers across various international country groupings. Rates vary significantly by region and income level, reflecting differences in energy markets, subsidies, infrastructure, and pricing policies. You can also compare individual countries.

Among high-income and developed economies, G10, G7, OECD, and Eurozone countries exhibit the highest electricity prices, with residential rates ranging from $0.23 to $0.30 per kWh. For instance, the Eurozone averages $0.27 residential and $0.21 business, while G10 countries top the list at $0.30 and $0.24, respectively.

In contrast, lower-income and emerging market regions report much lower electricity prices. The MENA region shows the lowest residential rate at $0.05 and business rate at $0.08. Similarly, SAARC countries (South Asia) and OPEC members also report very low electricity prices, likely due to subsidies or domestic energy production.

Asian, ASEAN, and Sub-Saharan African groups generally fall in the middle range, with rates between $0.08–$0.13. Interestingly, Oceania shows high business rates ($0.25), higher than the average for most developed regions.

Income-based groupings (per World Bank classification) show a clear pattern: higher income groups pay more, with high-income countries at $0.22 residential, while low-income countries average only $0.13 or less.

Overall, the data highlights the strong correlation between economic development, energy policy, and electricity pricing, with business rates often slightly lower than residential in most regions.

See a world map of electricity prices or explore our data download options.



Country groups
Residential rates
Business rates
North and South America 0.2073 0.1933
Africa 0.1194 0.1158
Asia 0.0815 0.1055
Oceania 0.2483 0.2533
Europe 0.2292 0.1960
European union 0.2611 0.2076
Eurozone 0.2748 0.2062
Sub Sahara Africa 0.1281 0.1221
MENA 0.0509 0.0838
South East Asia 0.1086 0.1296
Latin America 0.1786 0.1707
Low income countries (World Bank classification) 0.1251 0.1297
Lower middle income countries (World Bank classification) 0.1028 0.1136
Upper middle income countries (World Bank classification) 0.1211 0.1331
High income countries (World Bank classification) 0.2235 0.1916
G7 0.2814 0.2371
G10 0.2976 0.2396
G20 0.1740 0.1652
OECD 0.2445 0.2003
OPEC 0.0598 0.0694
NATO 0.2354 0.1988
MSCI Emerging Markets 0.1251 0.1397
MSCI Frontier Markets 0.1302 0.1380
MSCI Developed Markets 0.2720 0.2095
APEC 0.1481 0.1510
ASEAN 0.1135 0.1305
COMESA 0.0931 0.0968
EAC 0.1659 0.1124
EFTA 0.2565 0.1675
IORA 0.1305 0.1349
LAIA 0.1580 0.1426
MERCOSUR 0.1335 0.0955
NAFTA 0.1359 0.1481
SAARC 0.0559 0.0861
SADC 0.0971 0.0931
WAEMU / CFA Franc 0.1805 0.1903




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