country · Asia

Gas Prices in India

As of early October 2026, a gallon of regular gasoline in India averages $4.27 — that is $1.13 per litre, and ranks #61 of 225 places we track, where #1 is the cheapest.

Regular, per gallon
$4.27
$1.13 per litre
Diesel, per gallon
$3.85
$1.02 per litre
World rank
#61
of 225, cheapest first
A gallon costs
74%
of an average day’s income

In local money that is roughly 109.38 INR per litre, at the exchange rate of mid Oct 2026.

Why India pays this much

Moderately taxed

India's price is world crude plus mid-level fuel taxes — the typical setup across much of Asia, Africa and Latin America.

Where the money goes

An estimated split of a $4.27 gallon in India. Crude oil trades as one global price, so the part that differs between countries is mostly tax.

ComponentPer gallonPer litre
Crude$2.10$0.55
Refining$0.55$0.15
Distribution$0.85$0.22
Tax$0.77$0.20
Pump price$4.27$1.13

How that compares

ComparisonPer gallonDifference
India$4.27—
World average of all 225$5.55−$1.28
Asia average$5.13−$0.86
Cheapest anywhere — Libya$0.09−$4.18
Priciest anywhere — Hong Kong$16.70+$12.43
Since 2026-09-16, the average in India has fallen by $0.05 a gallon.

Nearby in Asia

Vietnam$4.07Japan$4.07Bhutan$4.14Malaysia$4.19United Arab Emirates$4.41Kyrgyzstan$4.75Nepal$4.92Bangladesh$5.09

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