Fuel Prices El Salvador
Part of: GIZ International Fuel Price database
Also see:El Salvador Energy Situation
Fuel Pricing Policies
"Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices.
Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills.
Compensation: Public transport is subsidized in proportion to fuel prices, although fiscal problems have made it difficult to continue the subsidies and the administration of President Funes in 2012 was considering a proposal to cut subsidies by 40%.
Information: Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers."
(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|
* 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.
VAT source http://www.export.gov.il/uploadfiles/06_2011/latinamerica.pdf
At a Glance
Sources to the Public
|Type of Information||Web-Link / Source|
|Pump prices and margins||http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116|
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices