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Indonesian Gasoline Prices Are Among the Cheapest Globally (March 23, 2026)

Adi Ahdiat 26/03/2026 11:40 WIB

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According to Global Petrol Prices data, as of March 23, 2026, the price of gasoline in Indonesia is considered relatively cheap globally.

20 Countries with the Cheapest Average Price of RON 95 Gasoline in the World (March 23, 2026)

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20 Countries with the Cheapest Average Price of RON 95 Gasoline in the World (March 23, 2026)

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The price of fuel has risen in many countries, following the United States-Israel war with Iran since the end of February 2026.

However, amid these conditions, there are a number of countries where the price of BBM is still relatively low.

According to Global Petrol Prices data, the cheapest fuel prices are recorded in Libya, Iran, and Venezuela, three countries that are on the list of the world's largest oil reserves.

On March 23, 2026, the average price of RON 95 gasoline in these three countries was less than Rp1,000 per liter, as shown in the chart.

The price of RON 95 gasoline in Indonesia is also relatively low, at Rp12,390 per liter, which is only about half of the global average price of Rp23,823 per liter.

This figure also makes Indonesia the 19th cheapest gasoline country out of 170 countries.

"The differences in prices across countries are due to the various taxes and subsidies for gasoline," said Global Petrol Prices on its website, quoted on March 26, 2026.

"All countries have access to the same petroleum prices of international markets but then decide to impose different taxes. As a result, the retail price of gasoline is different," they said.

Global Petrol Prices collects this BBM price data from government ministries/agencies, international oil companies, and mass media reports in each country.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesian Gasoline Prices Are Among the Cheapest Globally (March 23, 2026)

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