The retail price of regular gasoline in Venezuela has remained consistently low over the past two decades, never surpassing 0.1 U.S. dollars per liter. Meanwhile, the price of premium gasoline spiked in recent years, reaching some 0.5 U.S. dollars per liter in 2021 and 2022. This was the highest price for premium gasoline reported since 2016 and 2017, when Venezuela's president Nicolas Maduro raised gasoline retail prices in an effort to shore up the nation's finances. Nevertheless, Venezuela has some of the world's lowest gasoline prices thanks to its large domestic oil production.
Retail price of regular and premium gasoline in Venezuela from 2001 to 2022
(in U.S. dollars per liter)
Characteristic
Regular gasoline
Premium gasoline
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Economic Commission for Latin America and the Caribbean. (January 5, 2023). Retail price of regular and premium gasoline in Venezuela from 2001 to 2022 (in U.S. dollars per liter) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1454399/annual-regular-and-premium-gasoline-price-venezuela/
Economic Commission for Latin America and the Caribbean. "Retail price of regular and premium gasoline in Venezuela from 2001 to 2022 (in U.S. dollars per liter)." Chart. January 5, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1454399/annual-regular-and-premium-gasoline-price-venezuela/
Economic Commission for Latin America and the Caribbean. (2023). Retail price of regular and premium gasoline in Venezuela from 2001 to 2022 (in U.S. dollars per liter). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1454399/annual-regular-and-premium-gasoline-price-venezuela/
Economic Commission for Latin America and the Caribbean. "Retail Price of Regular and Premium Gasoline in Venezuela from 2001 to 2022 (in U.S. Dollars per Liter)." Statista, Statista Inc., 5 Jan 2023, https://www.statista.com/statistics/1454399/annual-regular-and-premium-gasoline-price-venezuela/
Economic Commission for Latin America and the Caribbean, Retail price of regular and premium gasoline in Venezuela from 2001 to 2022 (in U.S. dollars per liter) Statista, https://www.statista.com/statistics/1454399/annual-regular-and-premium-gasoline-price-venezuela/ (last visited July 22, 2024)
Retail price of regular and premium gasoline in Venezuela from 2001 to 2022 (in U.S. dollars per liter) [Graph], Economic Commission for Latin America and the Caribbean, January 5, 2023. [Online]. Available: https://www.statista.com/statistics/1454399/annual-regular-and-premium-gasoline-price-venezuela/