Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology) by country
The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the...
Countries reporting
187
Highest
123.8 DB16-20 methodology
Venezuela, Bolivarian Republic of
Lowest
0.7 DB16-20 methodology
Kuwait
Median
15.6 DB16-20 methodology
Years covered
6
2014–2019
Data points
1,122
What the numbers show
Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology) is currently reported for 187 countries. The highest value is 123.8 DB16-20 methodology in Venezuela, Bolivarian Republic of; the lowest is 0.7 DB16-20 methodology in Kuwait.
The median across all reporting countries is 15.6 DB16-20 methodology, and the mean is 17.51 DB16-20 methodology.
The gap between the highest and lowest reporting country is a factor of about 177.
Over the past decade 51 countries rose and 133 fell. The largest increase was in Slovenia (up 100.0%), and the largest decrease in Venezuela, Bolivarian Republic of (down 87.0%).
Getting electricity: Price of electricity (US cents per kWh): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Venezuela, Bolivarian Republic of | 123.8 DB16-20 methodology | 2019 | down 87.0% | falling |
| 2 | Solomon Islands | 71.6 DB16-20 methodology | 2019 | down 27.5% | falling |
| 3 | Antigua and Barbuda | 44.9 DB16-20 methodology | 2019 | down 11.4% | falling |
| 4 | Micronesia, Federated States of | 41.4 DB16-20 methodology | 2019 | down 26.1% | falling |
| 5 | Kiribati | 41.3 DB16-20 methodology | 2019 | down 26.5% | falling |
| 6 | Marshall Islands | 40.6 DB16-20 methodology | 2019 | down 18.3% | falling |
| 7 | Maldives | 39.4 DB16-20 methodology | 2019 | down 5.7% | rising |
| 8 | Liberia | 39 DB16-20 methodology | 2019 | down 24.1% | falling |
| 9 | Samoa | 38.5 DB16-20 methodology | 2019 | down 6.6% | falling |
| 10 | Vanuatu | 38.2 DB16-20 methodology | 2019 | down 23.1% | falling |
| 11 | Dominica | 36.8 DB16-20 methodology | 2019 | down 20.9% | falling |
| 12 | Tonga | 36.2 DB16-20 methodology | 2019 | down 30.7% | falling |
| 13 | Saint Vincent and the Grenadines | 34.6 DB16-20 methodology | 2019 | down 15.2% | falling |
| 14 | Nicaragua | 33.4 DB16-20 methodology | 2019 | down 7.5% | falling |
| 15 | Guyana | 32.8 DB16-20 methodology | 2019 | up 1.9% | flat |
| 16 | Saint Lucia | 32.1 DB16-20 methodology | 2019 | down 15.1% | falling |
| 16 | Palau | 32.1 DB16-20 methodology | 2019 | down 22.1% | falling |
| 16 | Seychelles | 32.1 DB16-20 methodology | 2019 | down 10.6% | falling |
| 19 | Grenada | 30.9 DB16-20 methodology | 2019 | down 22.4% | falling |
| 20 | Saint Kitts and Nevis | 30.6 DB16-20 methodology | 2019 | down 23.7% | falling |
| 21 | Papua New Guinea | 28.9 DB16-20 methodology | 2019 | down 34.8% | falling |
| 22 | Bahamas | 28.5 DB16-20 methodology | 2019 | down 28.6% | falling |
| 23 | Comoros | 28.1 DB16-20 methodology | 2019 | down 14.6% | falling |
| 24 | Guinea-Bissau | 27.3 DB16-20 methodology | 2019 | down 17.5% | falling |
| 25 | Barbados | 26.6 DB16-20 methodology | 2019 | down 13.9% | flat |
| 25 | Slovenia | 26.6 DB16-20 methodology | 2019 | up 100.0% | rising |
| 27 | Jamaica | 26.4 DB16-20 methodology | 2019 | down 36.5% | falling |
| 28 | Cape Verde | 26.3 DB16-20 methodology | 2019 | down 24.9% | falling |
| 29 | Djibouti | 26.2 DB16-20 methodology | 2019 | up 14.9% | rising |
| 30 | Spain | 26 DB16-20 methodology | 2019 | up 12.6% | rising |
| 31 | Germany | 25.6 DB16-20 methodology | 2019 | down 12.3% | flat |
| 32 | Panama | 25.4 DB16-20 methodology | 2019 | up 2.8% | falling |
| 33 | Jordan | 24.6 DB16-20 methodology | 2019 | up 7.9% | flat |
| 34 | Puerto Rico | 24.3 DB16-20 methodology | 2019 | down 16.8% | falling |
| 35 | Denmark | 24.2 DB16-20 methodology | 2019 | up 64.6% | rising |
| 36 | Burkina Faso | 23.8 DB16-20 methodology | 2019 | down 19.0% | falling |
| 37 | Ghana | 23.6 DB16-20 methodology | 2019 | down 12.9% | falling |
| 38 | Timor-Leste | 23.4 DB16-20 methodology | 2019 | up 6.8% | flat |
| 39 | Belize | 22.6 DB16-20 methodology | 2019 | unchanged | falling |
| 40 | Portugal | 22.2 DB16-20 methodology | 2019 | down 19.9% | falling |
| 41 | Fiji | 21.8 DB16-20 methodology | 2019 | down 11.7% | falling |
| 42 | Kenya | 21.7 DB16-20 methodology | 2019 | down 6.1% | flat |
| 42 | Pakistan | 21.7 DB16-20 methodology | 2019 | up 4.3% | flat |
| 44 | Niger | 21.3 DB16-20 methodology | 2019 | down 16.5% | falling |
| 45 | Japan | 21.2 DB16-20 methodology | 2019 | down 27.1% | falling |
| 45 | Chad | 21.2 DB16-20 methodology | 2019 | down 17.5% | falling |
| 47 | Haiti | 21.1 DB16-20 methodology | 2019 | down 42.7% | falling |
| 48 | Honduras | 20.8 DB16-20 methodology | 2019 | down 15.1% | falling |
| 49 | Benin | 20.7 DB16-20 methodology | 2019 | down 10.8% | falling |
| 50 | Mauritius | 20.5 DB16-20 methodology | 2019 | down 22.9% | falling |
| 51 | Australia | 20.4 DB16-20 methodology | 2019 | down 8.1% | flat |
| 51 | Greece | 20.4 DB16-20 methodology | 2019 | up 44.7% | rising |
| 53 | Guinea | 20.3 DB16-20 methodology | 2019 | up 18.0% | rising |
| 54 | Gambia | 20.2 DB16-20 methodology | 2019 | down 30.3% | falling |
| 55 | Dominican Republic | 20.1 DB16-20 methodology | 2019 | down 19.6% | falling |
| 55 | Guatemala | 20.1 DB16-20 methodology | 2019 | down 6.1% | flat |
| 57 | Colombia | 19.9 DB16-20 methodology | 2019 | up 38.2% | rising |
| 58 | Peru | 19.5 DB16-20 methodology | 2019 | up 37.3% | rising |
| 58 | El Salvador | 19.5 DB16-20 methodology | 2019 | down 8.5% | falling |
| 60 | Cyprus | 19.1 DB16-20 methodology | 2019 | down 24.8% | falling |
| 60 | Gabon | 19.1 DB16-20 methodology | 2019 | down 14.0% | falling |
| 62 | Ireland | 19 DB16-20 methodology | 2019 | down 21.2% | falling |
| 62 | Malta | 19 DB16-20 methodology | 2019 | down 28.6% | falling |
| 64 | Sao Tome and Principe | 18.3 DB16-20 methodology | 2019 | down 47.9% | falling |
| 65 | India | 18.2 DB16-20 methodology | 2019 | down 20.5% | falling |
| 65 | Cambodia | 18.2 DB16-20 methodology | 2019 | down 4.7% | falling |
| 65 | Senegal | 18.2 DB16-20 methodology | 2019 | down 21.2% | falling |
| 68 | Philippines | 18.1 DB16-20 methodology | 2019 | down 9.5% | falling |
| 68 | United States of America | 18.1 DB16-20 methodology | 2019 | up 19.1% | rising |
| 70 | Afghanistan | 18 DB16-20 methodology | 2019 | down 22.7% | falling |
| 70 | Hungary | 18 DB16-20 methodology | 2019 | up 17.6% | rising |
| 70 | Sierra Leone | 18 DB16-20 methodology | 2019 | down 40.6% | falling |
| 73 | United Kingdom of Great Britain and Northern Ireland | 17.7 DB16-20 methodology | 2019 | up 18.0% | rising |
| 74 | Mauritania | 17.6 DB16-20 methodology | 2019 | down 17.0% | falling |
| 74 | Palestine, State of | 17.6 DB16-20 methodology | 2019 | down 3.3% | flat |
| 74 | Togo | 17.6 DB16-20 methodology | 2019 | down 17.8% | falling |
| 77 | Bolivia, Plurinational State of | 17.5 DB16-20 methodology | 2019 | up 25.0% | rising |
| 77 | Brazil | 17.5 DB16-20 methodology | 2019 | up 42.3% | rising |
| 79 | Equatorial Guinea | 17.4 DB16-20 methodology | 2019 | down 20.9% | falling |
| 80 | Burundi | 17.3 DB16-20 methodology | 2019 | up 47.9% | rising |
| 80 | Sri Lanka | 17.3 DB16-20 methodology | 2019 | down 28.5% | falling |
| 82 | Malawi | 17.2 DB16-20 methodology | 2019 | up 21.1% | rising |
| 83 | Cameroon | 17 DB16-20 methodology | 2019 | down 23.8% | falling |
| 84 | Uganda | 16.9 DB16-20 methodology | 2019 | down 12.4% | falling |
| 85 | Croatia | 16.8 DB16-20 methodology | 2019 | down 8.7% | falling |
| 85 | Italy | 16.8 DB16-20 methodology | 2019 | down 34.1% | falling |
| 87 | Belgium | 16.7 DB16-20 methodology | 2019 | down 14.4% | falling |
| 87 | Uruguay | 16.7 DB16-20 methodology | 2019 | down 20.5% | falling |
| 89 | Mexico | 16.5 DB16-20 methodology | 2019 | unchanged | falling |
| 89 | Eswatini | 16.5 DB16-20 methodology | 2019 | down 19.9% | falling |
| 91 | Botswana | 16.3 DB16-20 methodology | 2019 | up 3.8% | rising |
| 92 | Hong Kong | 16.1 DB16-20 methodology | 2019 | up 5.2% | flat |
| 92 | South Africa | 16.1 DB16-20 methodology | 2019 | up 62.6% | rising |
| 94 | Slovakia | 15.6 DB16-20 methodology | 2019 | down 3.1% | falling |
| 95 | North Macedonia | 15.5 DB16-20 methodology | 2019 | down 15.8% | falling |
| 95 | San Marino | 15.5 DB16-20 methodology | 2019 | down 4.9% | falling |
| 97 | Namibia | 15.1 DB16-20 methodology | 2019 | down 18.4% | falling |
| 98 | Belarus | 14.7 DB16-20 methodology | 2019 | up 0.7% | falling |
| 99 | China | 14.6 DB16-20 methodology | 2019 | up 2.1% | rising |
| 100 | Costa Rica | 14.4 DB16-20 methodology | 2019 | down 42.9% | falling |
| 100 | Netherlands | 14.4 DB16-20 methodology | 2019 | up 20.0% | rising |
| 102 | Mali | 14.2 DB16-20 methodology | 2019 | down 10.1% | falling |
| 103 | Montenegro | 14.1 DB16-20 methodology | 2019 | up 42.4% | rising |
| 104 | Lesotho | 13.9 DB16-20 methodology | 2019 | down 11.5% | falling |
| 105 | Czechia | 13.8 DB16-20 methodology | 2019 | down 22.0% | falling |
| 106 | Poland | 13.7 DB16-20 methodology | 2019 | down 4.2% | falling |
| 106 | Rwanda | 13.7 DB16-20 methodology | 2019 | down 29.7% | falling |
| 106 | Thailand | 13.7 DB16-20 methodology | 2019 | down 19.9% | falling |
| 109 | Switzerland | 13.6 DB16-20 methodology | 2019 | down 21.8% | falling |
| 109 | France | 13.6 DB16-20 methodology | 2019 | down 4.2% | falling |
| 111 | Finland | 13.3 DB16-20 methodology | 2019 | down 18.9% | falling |
| 112 | Lao People's Democratic Republic | 13.2 DB16-20 methodology | 2019 | up 25.7% | rising |
| 113 | Lebanon | 13 DB16-20 methodology | 2019 | down 1.5% | flat |
| 114 | Côte d'Ivoire | 12.6 DB16-20 methodology | 2019 | up 4.1% | flat |
| 114 | Libya | 12.6 DB16-20 methodology | 2019 | down 15.4% | falling |
| 114 | Tanzania, United Republic of | 12.6 DB16-20 methodology | 2019 | down 24.1% | falling |
| 117 | Viet Nam | 12.5 DB16-20 methodology | 2019 | up 4.2% | rising |
| 118 | Morocco | 12.4 DB16-20 methodology | 2019 | up 6.9% | flat |
| 118 | Zimbabwe | 12.4 DB16-20 methodology | 2019 | down 0.8% | flat |
| 120 | Canada | 12.3 DB16-20 methodology | 2019 | down 4.7% | flat |
| 121 | Iceland | 12.2 DB16-20 methodology | 2019 | up 37.1% | rising |
| 122 | Luxembourg | 12.1 DB16-20 methodology | 2019 | down 21.9% | falling |
| 123 | Malaysia | 12 DB16-20 methodology | 2019 | down 28.6% | falling |
| 123 | Nepal | 12 DB16-20 methodology | 2019 | down 7.0% | flat |
| 123 | New Zealand | 12 DB16-20 methodology | 2019 | down 13.0% | falling |
| 126 | Ecuador | 11.9 DB16-20 methodology | 2019 | up 50.6% | rising |
| 126 | Nigeria | 11.9 DB16-20 methodology | 2019 | down 24.7% | falling |
| 128 | Israel | 11.8 DB16-20 methodology | 2019 | down 16.9% | falling |
| 129 | Taiwan | 11.7 DB16-20 methodology | 2019 | down 18.8% | falling |
| 130 | Bosnia and Herzegovina | 11.6 DB16-20 methodology | 2019 | down 15.3% | flat |
| 131 | Republic of Korea | 11.4 DB16-20 methodology | 2019 | up 14.0% | flat |
| 131 | Latvia | 11.4 DB16-20 methodology | 2019 | down 43.3% | falling |
| 133 | Madagascar | 11.3 DB16-20 methodology | 2019 | down 28.5% | falling |
| 134 | United Arab Emirates | 10.9 DB16-20 methodology | 2019 | up 2.8% | flat |
| 134 | Indonesia | 10.9 DB16-20 methodology | 2019 | down 23.2% | falling |
| 136 | Argentina | 10.8 DB16-20 methodology | 2019 | up 14.9% | rising |
| 137 | Bulgaria | 10.7 DB16-20 methodology | 2019 | up 7.0% | flat |
| 137 | Serbia | 10.7 DB16-20 methodology | 2019 | down 34.4% | falling |
| 139 | Central African Republic | 10.5 DB16-20 methodology | 2019 | down 12.5% | falling |
| 140 | Sweden | 10.4 DB16-20 methodology | 2019 | down 24.1% | falling |
| 141 | Estonia | 10.3 DB16-20 methodology | 2019 | down 8.0% | falling |
| 142 | Austria | 10.2 DB16-20 methodology | 2019 | down 12.1% | falling |
| 142 | Chile | 10.2 DB16-20 methodology | 2019 | up 4.1% | flat |
| 144 | Norway | 10.1 DB16-20 methodology | 2019 | up 4.1% | falling |
| 145 | Congo, Democratic Republic of the | 10 DB16-20 methodology | 2019 | down 13.0% | falling |
| 146 | Bangladesh | 9.7 DB16-20 methodology | 2019 | up 4.3% | flat |
| 146 | Egypt | 9.7 DB16-20 methodology | 2019 | down 10.2% | falling |
| 148 | Mozambique | 9.6 DB16-20 methodology | 2019 | up 35.2% | rising |
| 149 | Lithuania | 9.5 DB16-20 methodology | 2019 | down 53.4% | falling |
| 149 | Kosovo | 9.5 DB16-20 methodology | 2019 | down 36.7% | falling |
| 149 | Kosovo (UNSCR 1244) | 9.5 DB16-20 methodology | 2019 | down 36.7% | falling |
| 152 | Albania | 9.4 DB16-20 methodology | 2019 | down 1.1% | falling |
| 153 | Romania | 9.2 DB16-20 methodology | 2019 | up 1.1% | falling |
| 154 | Türkiye | 8.9 DB16-20 methodology | 2019 | down 37.3% | falling |
| 155 | Iraq | 8.5 DB16-20 methodology | 2019 | up 7.6% | rising |
| 155 | Republic of Moldova | 8.5 DB16-20 methodology | 2019 | down 23.4% | falling |
| 157 | Russian Federation | 8.4 DB16-20 methodology | 2019 | down 30.0% | falling |
| 158 | Congo | 8.1 DB16-20 methodology | 2019 | down 27.0% | falling |
| 158 | Myanmar | 8.1 DB16-20 methodology | 2019 | down 35.2% | falling |
| 160 | Syria | 7.8 DB16-20 methodology | 2019 | down 58.1% | falling |
| 161 | Armenia | 7.7 DB16-20 methodology | 2019 | down 3.8% | falling |
| 161 | Tunisia | 7.7 DB16-20 methodology | 2019 | down 23.8% | falling |
| 163 | Saudi Arabia | 7.4 DB16-20 methodology | 2019 | up 19.4% | rising |
| 164 | Suriname | 7.2 DB16-20 methodology | 2019 | up 2.9% | falling |
| 165 | Georgia | 6.6 DB16-20 methodology | 2019 | down 19.5% | falling |
| 165 | Paraguay | 6.6 DB16-20 methodology | 2019 | down 1.5% | flat |
| 165 | Trinidad and Tobago | 6.6 DB16-20 methodology | 2019 | down 8.3% | falling |
| 168 | Ukraine | 6.4 DB16-20 methodology | 2019 | down 48.8% | falling |
| 169 | Tajikistan | 6.3 DB16-20 methodology | 2019 | down 6.0% | falling |
| 170 | Bahrain | 6 DB16-20 methodology | 2019 | up 42.9% | rising |
| 170 | Oman | 6 DB16-20 methodology | 2019 | up 13.2% | rising |
| 172 | Bhutan | 5.9 DB16-20 methodology | 2019 | up 28.3% | rising |
| 173 | Mongolia | 5.6 DB16-20 methodology | 2019 | down 18.8% | falling |
| 174 | Singapore | 5.5 DB16-20 methodology | 2019 | down 67.3% | falling |
| 175 | Iran, Islamic Republic of | 5.2 DB16-20 methodology | 2019 | down 48.0% | falling |
| 175 | Uzbekistan | 5.2 DB16-20 methodology | 2019 | down 18.8% | falling |
| 177 | Brunei Darussalam | 5 DB16-20 methodology | 2019 | down 16.7% | falling |
| 178 | Azerbaijan | 4.8 DB16-20 methodology | 2019 | down 36.8% | falling |
| 179 | Zambia | 4.6 DB16-20 methodology | 2019 | up 2.2% | flat |
| 180 | Kazakhstan | 4.4 DB16-20 methodology | 2019 | down 55.1% | falling |
| 181 | Angola | 3.7 DB16-20 methodology | 2019 | down 21.3% | falling |
| 181 | Qatar | 3.7 DB16-20 methodology | 2019 | up 12.1% | rising |
| 183 | Ethiopia | 3.6 DB16-20 methodology | 2019 | down 23.4% | falling |
| 183 | Kyrgyzstan | 3.6 DB16-20 methodology | 2019 | up 16.1% | falling |
| 185 | Sudan | 2.4 DB16-20 methodology | 2019 | down 63.6% | falling |
| 186 | Algeria | 2.1 DB16-20 methodology | 2019 | down 22.2% | falling |
| 187 | Kuwait | 0.7 DB16-20 methodology | 2019 | unchanged | flat |
About this data
The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies.