country · North America
As of early October 2026, a gallon of regular gasoline in Nicaragua averages $5.06 — that is $1.34 per litre, and ranks #108 of 225 places we track, where #1 is the cheapest.
In local money that is roughly 49.22 NIO per litre, at the exchange rate of mid Oct 2026.
Moderately taxed
Nicaragua's price is world crude plus mid-level fuel taxes — the typical setup across much of Asia, Africa and Latin America.
An estimated split of a $5.06 gallon in Nicaragua. Crude oil trades as one global price, so the part that differs between countries is mostly tax.
| Component | Per gallon | Per litre |
|---|---|---|
| Crude | $2.10 | $0.55 |
| Refining | $0.55 | $0.15 |
| Distribution | $0.85 | $0.22 |
| Tax | $1.56 | $0.41 |
| Pump price | $5.06 | $1.34 |
| Comparison | Per gallon | Difference |
|---|---|---|
| Nicaragua | $5.06 | — |
| World average of all 225 | $5.55 | −$0.49 |
| North America average | $5.89 | −$0.83 |
| Cheapest anywhere — Libya | $0.09 | −$4.97 |
| Priciest anywhere — Hong Kong | $16.70 | +$11.64 |