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ID| Fuel Type | USD / Liter | EUR / Liter | vs World Avg |
|---|---|---|---|
| ⛽ Gasoline (Petrol) | $2.170 | €1.932 | +36.2% |
| 🚛 Diesel | $2.320 | €2.065 | +45.6% |
| 🔵 LPG / Autogas | $1.160 | €1.033 | +21.4% |
| ⚡ Electric (kWh) | $0.285 | €0.254 | |
| ⚡ Electric Business (kWh) | $0.215 | €0.191 | |
| 🔥 Natural Gas (m³) | $0.089 | €0.079 | |
| 🔥 Natural Gas Business (m³) | N/A | — | |
| 💧 Kerosene | N/A | — | |
| 🌡 Heating Oil | $2.060 | €1.834 |
Gasoline Price in Latvia Today
Filling a 40-litre tank in Latvia costs about €77.28 at today's pump price. On the average local wage that is 15 minutes of work per litre, or 10.2 hours for a full tank. LPG sells 46.5% below gasoline here, at €1.033/L.
Diesel Price in Latvia
In Latvia diesel costs €2.065/L, putting it 6.9% above petrol. Typical for Europe is a 9.4% above-petrol diesel price across 44 markets; this one is narrower.
How Latvia Compares Globally
Petrol costs €1.932/L in Latvia, equal to $2.170 a litre and 36.2% above the $1.593 world average. Among 133 markets covered here Latvia ranks 22nd dearest, and 17th dearest of 44 across Europe. The gap to the Europe mean is 6.1%, above it. Just below sits Romania, 1.9% cheaper, and just above Estonia, 2.3% dearer.
Historical Price Trend
Petrol has grown 7.4% dearer in Latvia over 3 months, from $2.030 to $2.180 per litre. Over 42 weekly surveys the low was $1.920 and the high $2.290, reached 5 October 2026. Diesel rose 14.9% over the same window. That is a 19.3% gap between the 5 July trough and the 5 October peak. Against where 2026 opened, petrol now sits 5.2% higher. Over the identical period residential power rose 4.8% to €0.254 per kWh. Natural gas barely moved.
As of 2026-10-23, the retail price of gasoline in Latvia is $2.170 per liter, and diesel costs $2.320 per liter. Latvia’s gasoline price is 36.2% above the global average of $1.593 per liter. LPG/autogas is available at $1.160 per liter. Electricity for EV charging costs $0.285 per kWh.
Fuel prices in Latvia are shaped by global crude oil market benchmarks, government taxation or subsidy policies, local refinery margins, and distribution costs. Comparing Latvia to the global average illustrates the combined effect of these factors.
Based on an average monthly wage of $1,500 USD, a worker in Latvia needs approximately 15 minutes to afford one liter of gasoline — equivalent to 127.3% of a day's pay for a standard 40-liter fill-up.
Of the 44 Europe markets DailyFuels tracks, gasoline is cheapest in Azerbaijan at $0.676 and dearest in Norway at $3.120 — a spread of 361.5%.
All prices are reviewed and updated weekly, sourced from official government energy agencies and verified international data providers. Local currency amounts (EUR / €) update automatically with live exchange rates.
| Commodity | Market Price | Raw Cost | Retail Here | Gov't Factor |
|---|---|---|---|---|
| 🛢 Brent Crude | $113.53 /bbl | $0.834 /L | $2.170 | +160.2% |
| 🛢 WTI Crude | $99.84 /bbl | $0.748 /L | $2.170 | +190.1% |
| 🔥 Natural Gas | $2.76 /MMBtu | $0.123 /m³ | $0.089 | -27.5% |
| ⚡ Lithium ETF | $60.68 /share | indirect | $0.285 | — |
| ☢ Uranium ETF | $34.09 /share | indirect | $0.285 | — |
How global commodity swings translated to pump prices here
| Commodity | Commodity Δ30D | Retail Δ30D | Pass-Through |
|---|---|---|---|
| 🛢 Brent Crude | +9.7% | -4% |
—
|
| 🛢 WTI Crude | +10.4% | -4% |
—
|
| 🔥 Natural Gas | -8.8% | +0% |
-0%
|