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ID| Fuel Type | USD / Liter | EUR / Liter | vs World Avg |
|---|---|---|---|
| ⛽ Gasoline (Petrol) | $2.240 | €1.941 | +42.4% |
| 🚛 Diesel | $2.410 | €2.089 | +53.2% |
| 🔵 LPG / Autogas | $1.180 | €1.023 | +25% |
| ⚡ Electric (kWh) | $0.274 | €0.237 | |
| ⚡ Electric Business (kWh) | $0.177 | €0.153 | |
| 🔥 Natural Gas (m³) | $0.089 | €0.077 | |
| 🔥 Natural Gas Business (m³) | N/A | — | |
| 💧 Kerosene | N/A | — | |
| 🌡 Heating Oil | $2.000 | €1.733 |
Gasoline Price in Latvia Today
Filling a 40-litre tank in Latvia costs about €77.66 at today's pump price. On the average local wage that is 16 minutes of work per litre, or 10.5 hours for a full tank. LPG sells 47.3% below gasoline here, at €1.023/L.
Diesel Price in Latvia
In Latvia diesel costs €2.089/L, putting it 7.6% above petrol. Typical for Europe is a 8.4% above-petrol diesel price across 44 markets; this one is narrower.
How Latvia Compares Globally
Petrol costs €1.941/L in Latvia, equal to $2.240 a litre and 42.4% above the $1.573 world average. Among 133 markets covered here Latvia ranks 18th dearest, and 14th dearest of 44 across Europe. The gap to the Europe mean is 8.0%, above it. Just below sits Spain, 1.8% cheaper, and just above United Kingdom, 1.3% dearer.
Historical Price Trend
Petrol has grown 8.8% dearer in Latvia over 3 months, from $2.040 to $2.220 per litre. Over 37 weekly surveys the low was $1.920 and the high $2.220, reached 14 September 2026. Diesel rose 15.6% over the same window. That is a 15.6% gap between the 5 July trough and the 14 September peak. Against where 2026 opened, petrol now sits 7.1% higher. Over the identical period residential power rose 8.7% to €0.237 per kWh. Natural gas barely moved.
As of 2026-09-17, the retail price of gasoline in Latvia is $2.240 per liter, and diesel costs $2.410 per liter. Latvia’s gasoline price is 42.4% above the global average of $1.573 per liter. LPG/autogas is available at $1.180 per liter. Electricity for EV charging costs $0.274 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 16 minutes to afford one liter of gasoline — equivalent to 131.4% 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 $3.160 — a spread of 367.5%.
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 | $105.73 /bbl | $0.785 /L | $2.240 | +185.4% |
| 🛢 WTI Crude | $102.25 /bbl | $0.763 /L | $2.240 | +193.6% |
| 🔥 Natural Gas | $2.90 /MMBtu | $0.128 /m³ | $0.089 | -30.5% |
| ⚡ Lithium ETF | $69.85 /share | indirect | $0.274 | — |
| ☢ Uranium ETF | $41.37 /share | indirect | $0.274 | — |
How global commodity swings translated to pump prices here
| Commodity | Commodity Δ30D | Retail Δ30D | Pass-Through |
|---|---|---|---|
| 🛢 Brent Crude | +19.4% | +6.7% |
35%
|
| 🛢 WTI Crude | +24.2% | +6.7% |
28%
|
| 🔥 Natural Gas | +4.7% | +0% |
0%
|