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 0.2271 0.2087
Africa 0.1390 0.1339
Asia 0.0869 0.1112
Oceania 0.2684 0.2663
Europe 0.2570 0.2258
European union 0.2961 0.2402
Eurozone 0.3123 0.2318
Sub Sahara Africa 0.1501 0.1419
MENA 0.0549 0.0914
South East Asia 0.1189 0.1334
Latin America 0.1962 0.1841
Low income countries (World Bank classification) 0.1452 0.1477
Lower middle income countries (World Bank classification) 0.1131 0.1239
Upper middle income countries (World Bank classification) 0.1390 0.1533
High income countries (World Bank classification) 0.2417 0.2086
G7 0.3071 0.2567
G10 0.3277 0.2627
G20 0.1970 0.1809
OECD 0.2684 0.2198
OPEC 0.0632 0.0731
NATO 0.2678 0.2285
MSCI Emerging Markets 0.1417 0.1600
MSCI Frontier Markets 0.1532 0.1586
MSCI Developed Markets 0.2968 0.2291
APEC 0.1566 0.1626
ASEAN 0.1249 0.1363
COMESA 0.1096 0.1151
EAC 0.1792 0.1137
EFTA 0.2872 0.2000
IORA 0.1414 0.1498
LAIA 0.1830 0.1668
MERCOSUR 0.1705 0.1204
NAFTA 0.1584 0.1619
SAARC 0.0569 0.0887
SADC 0.1172 0.1175
WAEMU / CFA Franc 0.2050 0.2088




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