Madagascar Gasoline prices, 07-Oct-2024
The current gasoline price in Madagascar is MGA 5,900.00 per liter or USD 1.29 per liter and was updated on 07-Oct-2024.
For comparison, the average price of gasoline in the world is USD 1.18 per liter.
Madagascar |
Gasoline prices |
|---|---|
| Current price | 1.29 |
| Measure | USD/Liter |
| Last update | 2024-10-07 |
| Data availability from | 2014-10-27 |
| Data frequency | Weekly |
We show Octane-95 gasoline price data for Madagascar
from 2014-10-27 to 2024-10-07.
The average gasoline price during that period is MGA 4,344.29
per liter with a minimum of
MGA 3,017.43 on 2014-10-27 and a maximum of
MGA 5,900.00 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.
Gasoline prices |
Price (MGA/Liter) | Percent change |
|---|---|---|
| Current price | 5,900.00 | - |
| One month ago | 5,900.00 | 0.0 % |
| Three months ago | 5,900.00 | 0.0 % |
| One year ago | 5,900.00 | 0.0 % |
Madagascar Gasoline prices: The last eight weeks
Madagascar Gasoline prices, liter, Malagasy Ariary
* A long flat line means that the government fixes the prices.
Madagascar: Gasoline price analytics |
Value |
|---|---|
| Percent of world average gasoline price | 92.11% |
| Correlation with crude oil prices | 0.45 |
| Correlation with USD exchange rate | -0.83 |
| Price flexibility index: 0 (low) - 1 (high) | 0.02 |
| Correlation with diesel fuel prices | 1.00 |
| Percent of diesel price | 120.41% |
| Cost of 40 liter tank, percent of income | 122.60% |
| Gasoline consumption, percent of income | 1.35% |
Updated monthly. Methodological notes
