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ID| Fuel Type | USD / Liter | EUR / Liter | vs World Avg |
|---|---|---|---|
| ⛽ Gasoline (Petrol) | $2.150 | €1.842 | +40.3% |
| 🚛 Diesel | $2.290 | €1.962 | +49.5% |
| 🔵 LPG / Autogas | $1.140 | €0.977 | +24% |
| ⚡ Electric (kWh) | $0.277 | €0.237 | |
| ⚡ Electric Business (kWh) | $0.179 | €0.153 | |
| 🔥 Natural Gas (m³) | $0.089 | €0.076 | |
| 🔥 Natural Gas Business (m³) | N/A | — | |
| 💧 Kerosene | N/A | — | |
| 🌡 Heating Oil | $1.870 | €1.602 |
Gasoline Price in Latvia Today
Filling a 40-litre tank in Latvia costs about €73.69 at today's pump price. On the average local wage that is 15 minutes of work per litre, or 10.1 hours for a full tank. LPG sells 47.0% below gasoline here, at €0.977/L.
Diesel Price in Latvia
In Latvia diesel costs €1.962/L, putting it 6.5% above petrol. Typical for Europe is a 9.1% above-petrol diesel price across 44 markets; this one is narrower.
How Latvia Compares Globally
Petrol costs €1.842/L in Latvia, equal to $2.150 a litre and 40.3% above the $1.532 world average. Among 133 markets covered here Latvia ranks 20th dearest, and 15th dearest of 44 across Europe. The gap to the Europe mean is 9.1%, above it. Just below sits Romania, 1.4% cheaper, and just above Belgium, 2.8% dearer.
Historical Price Trend
Petrol has grown 1.9% dearer in Latvia over 3 months, from $2.060 to $2.100 per litre. Over 34 weekly surveys the low was $1.920 and the high $2.150, reached 18 May 2026. Diesel rose 3.7% over the same window. That is a 12.0% gap between the 5 July trough and the 18 May peak. Against where 2026 opened, petrol now sits 1.3% higher. Over the identical period residential power rose 7.9% to €0.237 per kWh. Natural gas barely moved.
As of 2026-08-27, the retail price of gasoline in Latvia is $2.150 per liter, and diesel costs $2.290 per liter. Latvia’s gasoline price is 40.3% above the global average of $1.532 per liter. LPG/autogas is available at $1.140 per liter. Electricity for EV charging costs $0.277 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 126.1% 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 Denmark at $2.790 — a spread of 312.7%.
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 | $86.21 /bbl | $0.662 /L | $2.150 | +224.8% |
| 🛢 WTI Crude | $81.52 /bbl | $0.633 /L | $2.150 | +239.7% |
| 🔥 Natural Gas | $2.92 /MMBtu | $0.129 /m³ | $0.089 | -30.9% |
| ⚡ Lithium ETF | $75.92 /share | indirect | $0.277 | — |
| ☢ Uranium ETF | $48.05 /share | indirect | $0.277 | — |
How global commodity swings translated to pump prices here
| Commodity | Commodity Δ30D | Retail Δ30D | Pass-Through |
|---|---|---|---|
| 🛢 Brent Crude | +8.6% | +3.4% |
40%
|
| 🛢 WTI Crude | +7.6% | +3.4% |
45%
|
| 🔥 Natural Gas | +8.9% | +0% |
0%
|