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 0.2148 0.1967
Africa 0.1351 0.1317
Asia 0.0808 0.1055
Oceania 0.2622 0.2288
Europe 0.2502 0.2119
European union 0.2855 0.2229
Eurozone 0.2906 0.2115
Sub Sahara Africa 0.1454 0.1397
MENA 0.0528 0.0916
South East Asia 0.1126 0.1306
Latin America 0.1830 0.1743
Low income countries (World Bank classification) 0.1353 0.1468
Lower middle income countries (World Bank classification) 0.1081 0.1195
Upper middle income countries (World Bank classification) 0.1299 0.1450
High income countries (World Bank classification) 0.2362 0.1959
G7 0.2906 0.2365
G10 0.3105 0.2383
G20 0.1854 0.1693
OECD 0.2601 0.2076
OPEC 0.0633 0.0731
NATO 0.2620 0.2129
MSCI Emerging Markets 0.1362 0.1483
MSCI Frontier Markets 0.1483 0.1498
MSCI Developed Markets 0.2831 0.2111
APEC 0.1543 0.1556
ASEAN 0.1178 0.1327
COMESA 0.1055 0.1103
EAC 0.1830 0.1167
EFTA 0.2919 0.1931
IORA 0.1374 0.1407
LAIA 0.1717 0.1557
MERCOSUR 0.1492 0.1062
NAFTA 0.1461 0.1609
SAARC 0.0563 0.0872
SADC 0.1090 0.1119
WAEMU / CFA Franc 0.2028 0.2110




This site uses cookies.
Learn more here


OK