Fuel Prices Nicaragua

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Part of: GIZ International Fuel Price database
Also see: Nicaragua Energy Situation

Fuel Pricing Policies

Local Currency: NIO
Exchange Rate: 21.39


Last Update:

"Pricing policy: Prices were deregulated in 1999 except LPG, for which maximum prices are set by location. When Tropigas, which controlled 60% of the LPG market at the time, asked for a 100% price increase amidst serious LPG shortages, the president in Sep 2008 declared an economic state of emergency for six months, authorizing Nicaraguan Institute of Energy to import and sell LPG. The state of emergency was repealed in Jan 2009.

Information: Instituto Nicaragüense de Energía (Nicaraguan Institute of Energy) posts the average prices of three deregulated products—gasoline, diesel, and kerosene—surveyed at about 75 filling stations in Managua every week, and provides details on the three highest-priced and three lowest-priced filling stations as money-saving tips."

(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

Fuel Price Composition

Price composition for one litre of Gasoline 95 Octane as of 2010/11/01.

GIZ IFP2012 Nicaragua1.png
GIZ IFP2012 Nicaragua2.png

No further information available.

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public

Type of Information Web-Link / Source
Pump prices and margins http://www.ine.gob.ni/DGH/monitoreos/2012/RES_monitoreo.pdf


Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de