country · Asia
As of early October 2026, a gallon of regular gasoline in Sri Lanka averages $5.45 — that is $1.44 per litre, and ranks #127 of 225 places we track, where #1 is the cheapest.
In local money that is roughly 475.90 LKR per litre, at the exchange rate of mid Oct 2026.
Moderately taxed
Sri Lanka'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 $5.45 gallon in Sri Lanka. 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 | $1.95 | $0.52 |
| Pump price | $5.45 | $1.44 |
| Comparison | Per gallon | Difference |
|---|---|---|
| Sri Lanka | $5.45 | — |
| World average of all 225 | $5.55 | −$0.10 |
| Asia average | $5.13 | +$0.32 |
| Cheapest anywhere — Libya | $0.09 | −$5.36 |
| Priciest anywhere — Hong Kong | $16.70 | +$11.25 |