Philippines Gasoline prices, 07-Oct-2024
The current gasoline price in the Philippines is PHP 60.15 per liter or USD 1.06 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.
Philippines |
Gasoline prices |
|---|---|
| Current price | 1.06 |
| 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 the Philippines
from 2014-10-27 to 2024-10-07.
The average gasoline price during that period is PHP 53.65
per liter with a minimum of
PHP 34.85 on 2016-02-15 and a maximum of
PHP 86.30 on 2022-07-04.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for the Philippines every week.
Gasoline prices |
Price (PHP/Liter) | Percent change |
|---|---|---|
| Current price | 60.15 | - |
| One month ago | 60.42 | -0.4 % |
| Three months ago | 66.26 | -9.2 % |
| One year ago | 72.15 | -16.6 % |
Philippines Gasoline prices: The last eight weeks
Philippines Gasoline prices, liter, Philippine Peso
* A long flat line means that the government fixes the prices.
Philippines: Gasoline price analytics |
Value |
|---|---|
| Percent of world average gasoline price | 80.74% |
| Correlation with crude oil prices | 0.91 |
| Percent change if oil prices increase 10% | 4.50% |
| Correlation with USD exchange rate | -0.72 |
| Price flexibility index: 0 (low) - 1 (high) | 0.84 |
| Correlation with diesel fuel prices | 0.95 |
| Percent of diesel price | 114.15% |
| Cost of 40 liter tank, percent of income | 15.63% |
Updated monthly. Methodological notes
