Germany, Belgium, and Ireland had some of the highest household electricity prices worldwide, as of June 2024. At the time, German households were charged around 0.39 U.S. dollars per kilowatt-hour, while in Belgium, the price stood at 0.37 U.S. dollars per kilowatt-hour. By comparison, in Qatar, residents paid more than 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations. The top importers of natural gas in Europe in 2023 were Germany and Italy, where this energy source constitutes a relevant share of the power mix.

In March 2024, industrial electricity prices in the European countries of Poland, Italy, and the United Kingdom were among the highest in the world, at over 0.40 U.S. dollars per kilowatt-hour. Singapore was the Asian country with the highest electricity bill worldwide at that time. Lowest electricity prices in the world The average retail electricity price in the United States was considerably lower than in most of Europe. Iceland was the European country with one of the lowest electricity bills for enterprises that month. At the bottom of the ranking were also Russia, Iraq, Qatar, Argentina, and Libya. In these countries, commercial electricity prices amounted to less than 0.1 U.S. dollars per kilowatt-hour. Household electricity prices In addition, European countries had the highest household electricity prices worldwide that month, with Italy at the top of the ranking. By comparison, Iran and Ethiopia had the lowest residential electricity prices in the world.

This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2023, the United Kingdom had the highest industry electricity price worldwide, reaching 25.46 pence per kilowatt-hour. By comparison, the Norway had the lowest price among the listed countries, at 5.31 pence per kilowatt-hour.

Cabo Verde recorded the highest electricity price for households in Africa. As of June 2024, one kilowatt-hour costs around 0.35 U.S. dollars in the country. Kenya and Sierra Leone followed, with households paying 0.26 and 0.25 U.S. dollars per kilowatt-hour, respectively. Mail, Burkina Faso, and Gabon also recorded relatively higher prices for electricity on the continent. On the other hand, Egypt, Zambia, Angola, and Libya registered the lowest prices for electric energy in Africa. Countries usually retain high prices for household and business electricity In Africa, countries with high electricity prices for households also tend to have higher prices for businesses. For instance, Cabo Verde, Burkina Faso, and Kenya’s energy prices for companies placed them among the most expensive four countries on the continent. As of late 2023, the electricity prices stood at around 0.2, 0.2, and 0.19 U.S. dollars per kilowatt-hour, respectively. Electricity access and reliability vary across the continent A significant share of Africans still live with no access to electricity. Although almost all of North Africa's population had access to electricity, the other regions had lower electricity access in 2021. Western, Southern, and Eastern Africa had just over 50 percent of their citizens living in electrified areas, while in Central Africa it stood at around 31 percent. Nevertheless, according to a survey, two Eastern African countries ranked highest with the most reliable electricity supply on the continent. Between 2021 and 2023, some 99 percent of Mauritians and 96 percent of Seychellois reported having a supply that worked most or all the time.

Japan JP: Residential Electricity Price: USD per kWh data was reported at 0.330 USD/kWh in 2022. This records an increase from the previous number of 0.260 USD/kWh for 2021. Japan JP: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.220 USD/kWh from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 0.330 USD/kWh in 2022 and a record low of 0.190 USD/kWh in 2002. Japan JP: Residential Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Chad TD: Residential Electricity Price: USD per kWh data was reported at 0.330 USD/kWh in 2020. This records an increase from the previous number of 0.320 USD/kWh for 2019. Chad TD: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.335 USD/kWh from Dec 2015 (Median) to 2020, with 6 observations. The data reached an all-time high of 0.340 USD/kWh in 2017 and a record low of 0.320 USD/kWh in 2019. Chad TD: Residential Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Chad – Table TD.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Middle Eastern and African countries had the cheapest electricity prices worldwide in December 2023. Namely, the electricity price for Iran's households was only 0.2 U.S. cents per kilowatt-hour of electricity. Ethiopia, Syria, Cuba, and Sudan also had some of the lowest electricity prices worldwide that month.

South Korea Residential Electricity Price: USD per kWh data was reported at 0.180 USD/kWh in 2023. This records an increase from the previous number of 0.150 USD/kWh for 2022. South Korea Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.160 USD/kWh from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.180 USD/kWh in 2023 and a record low of 0.130 USD/kWh in 2021. South Korea Residential Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: OECD Member: Annual.

Turkmenistan TM: Industry Electricity Price: USD per kWh data was reported at 0.010 USD/kWh in 2020. This records a decrease from the previous number of 0.020 USD/kWh for 2019. Turkmenistan TM: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.015 USD/kWh from Dec 2019 (Median) to 2020, with 2 observations. The data reached an all-time high of 0.020 USD/kWh in 2019 and a record low of 0.010 USD/kWh in 2020. Turkmenistan TM: Industry Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Turkmenistan – Table TM.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in the Midwest Census Region - Urban (APU020072610) from Nov 1978 to Feb 2025 about electricity, energy, retail, price, and USA.

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Table comparing electricity prices per kWh and their annual changes in France, Germany, Spain, and Italy, highlighting the variations across European countries. Source: Eurostat.

United States EIA Forecast: Electricity Price: Retail: Commercial Sector data was reported at 10.525 0.01 USD/kWh in Dec 2019. This records a decrease from the previous number of 10.693 0.01 USD/kWh for Nov 2019. United States EIA Forecast: Electricity Price: Retail: Commercial Sector data is updated monthly, averaging 10.623 0.01 USD/kWh from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 11.168 0.01 USD/kWh in Sep 2019 and a record low of 9.844 0.01 USD/kWh in Jan 2017. United States EIA Forecast: Electricity Price: Retail: Commercial Sector data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P003: Energy Price: Forecast: Energy Information Administration.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in the Northeast Census Region - Urban (APU010072610) from Nov 1978 to Feb 2025 about electricity, energy, retail, price, and USA.

NO: Electricity Price: NC: HC: 15000 KwH & Above: excl Taxes & Levies data was reported at 1.065 NOK/kWh in Jun 2024. This records an increase from the previous number of 1.042 NOK/kWh for Dec 2023. NO: Electricity Price: NC: HC: 15000 KwH & Above: excl Taxes & Levies data is updated semiannually, averaging 0.622 NOK/kWh from Dec 2007 (Median) to Jun 2024, with 34 observations. The data reached an all-time high of 2.174 NOK/kWh in Dec 2022 and a record low of 0.480 NOK/kWh in Dec 2020. NO: Electricity Price: NC: HC: 15000 KwH & Above: excl Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Norway – Table NO.Eurostat: Electricity Price: Household Consumers.

This map shows electricity access in Asia and the Pacific. The data source is from the International Energy Agency’s World Energy Outlook. The International Energy Agency’s World Energy Outlook first constructed a database on electrification rates for WEO-2002. The database once again was updated for WEO-2015, showing detailed data on national, urban and rural electrification.

The general paucity of data on electricity access means that it must be gathered through a combination of sources, including: IEA energy statistics; a network of contacts spanning governments, multilateral development banks and country-level representatives of various international organisations; and, other publicly available statistics, such as US Agency for International Development (USAID) supported DHS survey data, the World Bank’s Living Standards Measurement Surveys (LSMS), the UN Economic Commission for Latin America and the Caribbean’s (ECLAC) statistical publications, and data from national statistics agencies. In the small number of cases where no data could be provided through these channels other sources were used. If electricity access data for 2013 was not available, data for the latest available year was used.

For many countries, data on the urban and rural breakdown was collected, but if not available an estimate was made on the basis of pre-existing data or a comparison to the average correlation between urban and national electrification rates. Often only the percentage of households with a connection is known and assumptions about an average household size are used to determine access rates as a percentage of the population. To estimate the number of people without access, population data comes from OECD statistics in conjunction with the United Nations Population Division reports World Urbanization Prospects: the 2014 Revision Population Database, and World Population Prospects: the 2012 Revision. Electricity access data is adjusted to be consistent with demographic patterns of urban and rural population. Due to differences in definitions and methodology from different sources, data quality may vary from country to country. Where country data appeared contradictory, outdated or unreliable, the IEA Secretariat made estimates based on cross-country comparisons and earlier surveys.