Nicaragua Diesel prices, 08-Jul-2024

The current price of diesel fuel in Nicaragua is NIO 43.20 per liter or USD 1.17 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 1.17
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-10-27
 Data frequency Weekly
Source: El Instituto Nicaragüense de Energía (INE)

We show diesel price data for Nicaragua from 2014-10-27 to 2024-07-08. The average diesel price during that period is NIO 30.34 per liter with a minimum of NIO 17.60 on 2016-02-01 and a maximum of NIO 43.21 on 2022-04-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Nicaragua every week.

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Diesel prices
Price (NIO/Liter) Percent change
 Current price 43.20 -
 One month ago 43.20 0.0 %
 Three months ago 43.20 0.0 %
 One year ago 43.20 0.0 %

Our data on: CNN Bloomberg Reuters

Nicaragua Diesel prices: The last eight weeks

Nicaragua Diesel prices: The last eight weeks

Nicaragua Diesel prices, liter, Cordoba Oro

Nicaragua Diesel prices: Historical graph; 2014-10-27-2024-07-08
* A long flat line means that the government fixes the prices.
Nicaragua: Diesel price analytics
Percent of world average diesel price     92.00%
Correlation with crude oil prices     0.83
Percent change if oil prices increase 10%     2.71%
Correlation with USD exchange rate     -0.75
Price flexibility index: 0 (low) - 1 (high)     0.11
Correlation with gasoline prices     0.99
Percent of gasoline price     88.20%
Cost of 40 liter tank, percent of income     27.30%
Diesel consumption, percent of income     3.81%
Updated monthly. Methodological notes
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