Colombia Diesel prices, 27-May-2024

The current price of diesel fuel in Colombia is COP 2,460.76 per liter or USD 0.64 per liter based on the latest update from 27-May-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Diesel prices
 Current price 0.64
 Measure USD/Liter
 Last update 2024-05-27
 Data availability from 2014-06-23
 Data frequency Weekly
Source: Comisión de Regulación de Energía y Gas (CREG)

We show diesel price data for Colombia from 2014-06-23 to 2024-05-27. The average diesel price during that period is COP 2,193.20 per liter with a minimum of COP 1,876.80 on 2016-08-01 and a maximum of COP 2,460.76 on 2024-04-15. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Colombia every week.

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Diesel prices
Price (COP/Liter) Percent change
 Current price 2,460.76 -
 One month ago 2,460.76 0.0 %
 Three months ago 2,435.14 1.1 %
 One year ago 2,394.72 2.8 %

Our data on: CNN Bloomberg Reuters

Colombia Diesel prices: The last eight weeks

Colombia Diesel prices: The last eight weeks

Colombia Diesel prices, liter, Colombian Peso

Colombia Diesel prices: Historical graph; 2014-06-23-2024-05-27
* A long flat line means that the government fixes the prices.
Colombia: Diesel price analytics
Percent of world average diesel price     47.91%
Correlation with crude oil prices     0.62
Percent change if oil prices increase 10%     0.35%
Correlation with USD exchange rate     -0.61
Price flexibility index: 0 (low) - 1 (high)     0.10
Correlation with gasoline prices     0.67
Percent of gasoline price     60.05%
Cost of 40 liter tank, percent of income     4.91%
Diesel consumption, percent of income     1.25%
Updated monthly. Methodological notes
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