country · Asia
As of early October 2026, a gallon of regular gasoline in Philippines averages $5.68 — that is $1.50 per litre, and ranks #136 of 225 places we track, where #1 is the cheapest.
In local money that is roughly 94.27 PHP per litre, at the exchange rate of mid Oct 2026.
Higher-taxed
Philippines sits above the global average mainly because of higher fuel and value-added taxes stacked on top of world crude prices.
An estimated split of a $5.68 gallon in Philippines. 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 | $2.18 | $0.58 |
| Pump price | $5.68 | $1.50 |
| Comparison | Per gallon | Difference |
|---|---|---|
| Philippines | $5.68 | — |
| World average of all 225 | $5.55 | +$0.13 |
| Asia average | $5.13 | +$0.55 |
| Cheapest anywhere — Libya | $0.09 | −$5.59 |
| Priciest anywhere — Hong Kong | $16.70 | +$11.02 |