Nigeria - Pump price for gasoline (US$ per liter)
The latest value for Pump price for gasoline (US$ per liter) in Nigeria was 0.460 as of 2016. Over the past 25 years, the value for this indicator has fluctuated between 0.620 in 2012 and 0.020 in 1992.
Definition: Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.
Source: German Agency for International Cooperation (GIZ).
See also:
| Year | Value |
|---|---|
| 1991 | 0.050 |
| 1992 | 0.020 |
| 1995 | 0.130 |
| 1998 | 0.130 |
| 2000 | 0.270 |
| 2002 | 0.200 |
| 2004 | 0.390 |
| 2006 | 0.510 |
| 2008 | 0.590 |
| 2010 | 0.440 |
| 2012 | 0.620 |
| 2014 | 0.560 |
| 2016 | 0.460 |
Statistical Concept and Methodology: Data on fuel prices are compiled by the German Agency for International Cooperation (GIZ), from its global network and other sources, including the Allgemeiner Deutscher Automobile Club (for Europe) and the Latin American Energy Organization (for Latin America). Local prices are converted to U.S. dollars using the exchange rate in the Financial Times international monetary table on the survey date. When multiple exchange rates exist, the market, parallel, or black market rate is used.
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Infrastructure Indicators
Sub-Topic: Transportation
