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 0.2139 0.1949
Africa 0.1368 0.1328
Asia 0.0839 0.1021
Oceania 0.2719 0.2433
Europe 0.2519 0.2162
European union 0.2874 0.2224
Eurozone 0.2989 0.2181
Sub Sahara Africa 0.1474 0.1408
MENA 0.0553 0.0886
South East Asia 0.1154 0.1137
Latin America 0.1865 0.1732
Low income countries (World Bank classification) 0.1444 0.1473
Lower middle income countries (World Bank classification) 0.1101 0.1181
Upper middle income countries (World Bank classification) 0.1339 0.1475
High income countries (World Bank classification) 0.2354 0.1967
G7 0.2955 0.2526
G10 0.3128 0.2501
G20 0.1898 0.1763
OECD 0.2620 0.2108
OPEC 0.0638 0.0736
NATO 0.2634 0.2189
MSCI Emerging Markets 0.1365 0.1459
MSCI Frontier Markets 0.1516 0.1547
MSCI Developed Markets 0.2816 0.2154
APEC 0.1533 0.1568
ASEAN 0.1204 0.1139
COMESA 0.1054 0.1094
EAC 0.1775 0.1144
EFTA 0.2885 0.2046
IORA 0.1375 0.1387
LAIA 0.1724 0.1539
MERCOSUR 0.1584 0.1088
NAFTA 0.1481 0.1617
SAARC 0.0560 0.0862
SADC 0.1117 0.1117
WAEMU / CFA Franc 0.2044 0.2127




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