country · South America

Gas Prices in Bolivia

As of early October 2026, a gallon of regular gasoline in Bolivia averages $2.20 — that is $0.58 per litre, and ranks #10 of 225 places we track, where #1 is the cheapest.

Regular, per gallon

$2.20

$0.58 per litre

Diesel, per gallon

$5.66

$1.50 per litre

World rank

#10

of 225, cheapest first

A gallon costs

23%

of an average day’s income

In local money that is roughly 6.89 BOB per litre, at the exchange rate of mid Oct 2026.

Why Bolivia pays this much

Lightly taxed

Bolivia keeps fuel taxes low (and is often an oil producer), so its pump price sits close to the raw global cost of crude oil.

Where the money goes

An estimated split of a $2.20 gallon in Bolivia. Crude oil trades as one global price, so the part that differs between countries is mostly tax.

Component	Per gallon	Per litre
Crude	$1.32	$0.35
Refining	$0.35	$0.09
Distribution	$0.53	$0.14
Subsidy (below cost)	−$1.30	−$0.34
Pump price	$2.20	$0.58

Drivers here pay less than it costs to get the fuel to them. The government absorbs the difference, so the bar above runs past the pump price.

How that compares

Comparison	Per gallon	Difference
Bolivia	$2.20	—
World average of all 225	$5.55	−$3.35
South America average	$4.64	−$2.44
Cheapest anywhere — Libya	$0.09	−$2.11
Priciest anywhere — Hong Kong	$16.70	+$14.50

Since 2026-09-16, the average in Bolivia has fallen by $0.34 a gallon.

Nearby in South America

Venezuela$0.13 Ecuador$3.21 Guyana$4.68 Brazil$4.78 Paraguay$4.85

Open Bolivia on the interactive globe

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