Difference between revisions of "International Fuel Prices"

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Revision as of 08:59, 9 January 2013

GIZ Energy Efficiency

In Cooperation with the Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH energypedia hosts the long-time effort of "GIZ International Fuel Prices" with a database containing data on fuel prices, taxes, price policies, etc. of almost all countries in the world.

Some countries use ad-hoc pricing mechanisms and fix the fuel prices regularly, other countries have liberalized their fuel markets entirely. As well as the policies for fuel pricing, fuel prices and taxes vary from country to country. However, fuel taxes are one of the most important options for financing the transport sector: 10 US cents per liter may yield the financial resources necessary to maintain the road system, an additional 3-5 US cents can be a financing option for urban transport.

Gas station in the Sahara

Besides, earned revenues through fuel taxes can be used for reducing public transport fares or providing social services. Furthermore, fuel taxation is a practical possibility to shift the burden of indirect negative effects of transport (e.g. environmental pollution, noise, congestion costs, etc.) onto transport users.

The international fuel price database allows to compare global fuel prices and taxes. By this means it can help implementing a rational energy pricing policy.






Country Factsheets

Please find further information about fuel pricing in the country factsheets. You may access them by clicking the respective countries in the following table.


Contact

Please find more information on http://www.giz.de/fuelprices

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