Indonesia Diesel prices, 16-Sep-2024

The current price of diesel fuel in Indonesia is IDR 14,660.00 per liter or USD 0.95 per liter based on the latest update from 16-Sep-2024. For comparison, the world average diesel price is USD 1.15 per liter.


Indonesia Diesel prices: The last eight weeks
Indonesia Diesel prices: The last eight weeks

We show diesel price data for Indonesia from 2014-10-06 to 2024-09-16. The average diesel price during that period is IDR 12,053.95 per liter with a minimum of IDR 8,225.00 on 2016-05-23 and a maximum of IDR 21,870.00 on 2022-07-11. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Indonesia every week.


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Diesel prices
Price (IDR/Liter) Percent change
 Current price 14,660.00 -
 One month ago 15,320.00 -4.3 %
 Three months ago 15,340.00 -4.4 %
 One year ago 16,940.00 -13.5 %


Indonesia Diesel prices, liter, Indonesian Rupiah


Indonesia Diesel prices: Historical graph; 2014-10-06-2024-09-16
* A long flat line means that the government fixes the prices.
Diesel prices in Indonesia are regulated by the Ministry of Energy and Mineral Resources and are set monthly. The regulatory process keeps diesel price adjustments relatively close to crude oil price changes. The correlation of diesel prices and Brent oil prices is 0.77.
Indonesia: Diesel price analytics
    Value
Percent of world average diesel price     77.64%
Correlation with crude oil prices     0.77
Percent change if oil prices increase 10%     4.49%
Correlation with USD exchange rate     -0.61
Price flexibility index: 0 (low) - 1 (high)     0.24
Correlation with gasoline prices     0.95
Percent of gasoline price     109.38%
Cost of 40 liter tank, percent of income     11.07%
Diesel consumption, percent of income     2.78%
Updated monthly. Methodological notes
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