Madagascar Diesel prices, 08-Jul-2024

The current price of diesel fuel in Madagascar is MGA 4,900.00 per liter or USD 1.06 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Diesel prices
 Current price 1.06
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Office Malgache des Hydrocarbures

We show diesel price data for Madagascar from 2014-07-28 to 2024-07-08. The average diesel price during that period is MGA 3,560.69 per liter with a minimum of MGA 2,470.65 on 2014-07-28 and a maximum of MGA 4,900.00 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 Madagascar every week.

Download data API Forecast

See all energy prices for Madagascar

Diesel prices
Price (MGA/Liter) Percent change
 Current price 4,900.00 -
 One month ago 4,900.00 0.0 %
 Three months ago 4,900.00 0.0 %
 One year ago 4,900.00 0.0 %

Our data on: CNN Bloomberg Reuters

Madagascar Diesel prices: The last eight weeks

Madagascar Diesel prices: The last eight weeks

Madagascar Diesel prices, liter, Malagasy Ariary

Madagascar Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Madagascar: Diesel price analytics
Percent of world average diesel price     85.77%
Correlation with crude oil prices     0.45
Correlation with USD exchange rate     -0.80
Price flexibility index: 0 (low) - 1 (high)     0.02
Correlation with gasoline prices     1.00
Percent of gasoline price     83.05%
Cost of 40 liter tank, percent of income     104.44%
Diesel consumption, percent of income     1.15%
Updated monthly. Methodological notes
This site uses cookies.
Learn more here