El Salvador ranks ninth among the countries with the lowest diesel prices in Latin America and the Caribbean, according to a recent analysis by the Fundación Ciudadana por un Consumo Responsable). The price per gallon in the country is US$3.45, among the most accessible costs in the region. This value reflects a relative relief for transporters and citizens who depend on fuel, especially when compared to higher prices in other countries.
In Central America, El Salvador shares this trend of competitive prices along with Guatemala (US$3.52) and Honduras (US$3.24). Panama leads as the country with the cheapest diesel in the region, with a price of US$3.08 per gallon. However, Costa Rica has one of the highest costs in the subregion, at US$4.14 per gallon, exceeding even the regional average.
The overall picture in Latin America and the Caribbean shows Ecuador as the country with the lowest diesel price, at US$1.80 per gallon, followed by Bolivia and Colombia. In contrast, Belize registers the highest cost, reaching US$5.80 per gallon, a significant difference that puts into perspective the economic and energy disparities between nations.
Other countries with competitive prices include Brazil (US$3.41) and Paraguay (US$3.44), while at the opposite extreme, Mexico (US$4.80) reports a high value. These figures reveal the substantial variations in subsidy policies, taxes and import costs of each nation.
The Fundación Ciudadana por un Consumo Responsable continues to promote comparative price analysis to encourage conscious consumption and understanding of energy policies in the region. This type of information is key to evaluate the economic impact of diesel, especially in countries dependent on land transportation.