Nicaragua Gasoline prices, 10-Jun-2024

The current gasoline price in Nicaragua is NIO 48.98 per liter or USD 1.33 per liter and was updated on 10-Jun-2024. For comparison, the average price of gasoline in the world is USD 1.23 per liter.
Nicaragua
Gasoline prices
 Current price 1.33
 Measure USD/Liter
 Last update 2024-06-10
 Data availability from 2014-10-27
 Data frequency Weekly
Source: El Instituto Nicaragüense de Energía (INE)


We show Octane-95 gasoline price data for Nicaragua from 2014-10-27 to 2024-06-10. The average gasoline price during that period is NIO 35.39 per liter with a minimum of NIO 22.88 on 2016-02-01 and a maximum of NIO 48.98 on 2023-03-13. 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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Gasoline prices
Price (NIO/Liter) Percent change
 Current price 48.98 -
 One month ago 48.98 0.0 %
 Three months ago 48.98 0.0 %
 One year ago 48.98 0.0 %


Our data on: CNN Bloomberg Reuters



Nicaragua Gasoline prices: The last eight weeks

Nicaragua Gasoline prices: The last eight weeks

Nicaragua Gasoline prices, liter, Cordoba Oro


Nicaragua Gasoline prices: Historical graph; 2014-10-27-2024-06-10
* A long flat line means that the government fixes the prices.
Nicaragua: Gasoline price analytics
    Value
Percent of world average gasoline price     93.47%
Correlation with crude oil prices     0.83
Percent change if oil prices increase 10%     2.62%
Correlation with USD exchange rate     -0.77
Price flexibility index: 0 (low) - 1 (high)     0.10
Correlation with diesel fuel prices     0.99
Percent of diesel price     113.38%
Cost of 40 liter tank, percent of income     30.97%
Gasoline consumption, percent of income     4.32%
Updated monthly. Methodological notes
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