country · South America
As of early October 2026, a gallon of regular gasoline in Paraguay averages $4.85 — that is $1.28 per litre, and ranks #93 of 225 places we track, where #1 is the cheapest.
In local money that is roughly 7,390.77 PYG per litre, at the exchange rate of mid Oct 2026.
Moderately taxed
Paraguay'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 $4.85 gallon in Paraguay. 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 | $1.35 | $0.36 |
| Pump price | $4.85 | $1.28 |
| Comparison | Per gallon | Difference |
|---|---|---|
| Paraguay | $4.85 | — |
| World average of all 225 | $5.55 | −$0.70 |
| South America average | $4.64 | +$0.21 |
| Cheapest anywhere — Libya | $0.09 | −$4.76 |
| Priciest anywhere — Hong Kong | $16.70 | +$11.85 |