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.

As of March 2024, Australia had the highest electricity price for households in the Asia-Pacific region, at about 0.26 U.S. dollars per kilowatt-hour. Singapore had the second-highest electricity price, with households paying around 0.24 U.S. dollars per kilowatt-hour.

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.

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.

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 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.

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.

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.

India IN: Residential Electricity Price: USD per kWh data was reported at 0.220 USD/kWh in 2019. This stayed constant from the previous number of 0.220 USD/kWh for 2018. India IN: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.220 USD/kWh from Dec 2007 (Median) to 2019, with 13 observations. The data reached an all-time high of 0.240 USD/kWh in 2015 and a record low of 0.210 USD/kWh in 2009. India IN: 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 India – Table IN.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

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.

Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A72610) from Nov 1978 to Dec 2024 about Los Angeles, electricity, energy, urban, CA, retail, price, and USA.

Germany Electricity decreased 21.39 EUR/MWh or 18.48% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for Germany Electricity Price.

Turkmenistan TM: Residential 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: Residential 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: 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 Turkmenistan – Table TM.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

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

Uruguay UY: Industry Electricity Price: USD per kWh data was reported at 0.150 USD/kWh in 2021. This stayed constant from the previous number of 0.150 USD/kWh for 2020. Uruguay UY: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.200 USD/kWh from Dec 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 0.220 USD/kWh in 2013 and a record low of 0.150 USD/kWh in 2021. Uruguay UY: 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 Uruguay – Table UY.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Benin BJ: Residential Electricity Price: USD per kWh data was reported at 0.560 USD/kWh in 2021. This records an increase from the previous number of 0.500 USD/kWh for 2020. Benin BJ: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.500 USD/kWh from Dec 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 0.560 USD/kWh in 2021 and a record low of 0.490 USD/kWh in 2019. Benin BJ: 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 Benin – Table BJ.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Kazakhstan KZ: Industry Electricity Price: USD per kWh data was reported at 0.110 USD/kWh in 2021. This records a decrease from the previous number of 0.120 USD/kWh for 2020. Kazakhstan KZ: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.120 USD/kWh from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 0.500 USD/kWh in 1994 and a record low of 0.080 USD/kWh in 2006. Kazakhstan KZ: 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 Kazakhstan – Table KZ.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

As of December 2023, Guatemala had the highest household electricity price among Latin American countries, with an average of 0.3 U.S. dollars per kilowatt-hour. Argentina reported the lowest rate among the countries displayed, at less than 0.05 U.S. dollars per kilowatt-hour. Electricity prices across the American continent Electricity prices vary considerably across the American continent. The Caribbean country of Jamaica accounted for the highest household electricity price on the continent, after Guatemala and Uruguay, at 0.25 U.S. dollars per kilowatt-hour. In comparison, the residential electricity price in the United States amounted to approximately 0.16 U.S. dollars per kilowatt-hour, like in Brazil. Global electricity prices With the energy crisis of 2022, global electricity prices boomed to unprecedented values in most countries worldwide. The wildest price spikes occurred in countries that heavily rely on fossil fuels and energy imports, like the European countries. In some cases, price caps set by governmental institutions kept domestic electricity prices under a certain threshold, such as in Brazil.

Belarus BY: Industry Electricity Price: USD per kWh data was reported at 0.230 USD/kWh in 2020. This stayed constant from the previous number of 0.230 USD/kWh for 2019. Belarus BY: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.185 USD/kWh from Dec 2009 (Median) to 2020, with 12 observations. The data reached an all-time high of 0.230 USD/kWh in 2020 and a record low of 0.080 USD/kWh in 2012. Belarus BY: 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 Belarus – Table BY.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.