Venezuela - Pump price for gasoline (US$ per liter)

The latest value for Pump price for gasoline (US$ per liter) in Venezuela was 0.000 as of 2016. Over the past 21 years, the value for this indicator has fluctuated between 0.140 in 1998 and 0.000 in 2016.

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
1995 0.030
1998 0.140
2000 0.120
2002 0.050
2004 0.040
2006 0.030
2008 0.020
2010 0.023
2012 0.023
2014 0.015
2016 0.000

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