Germany: Premium Gasoline Prices, by year
YearPremium gasoline price,
in EUR cent per liter
2023184.9
2022192.6
2021157.9
2020129.3
2019143.2
2018145.6
2017136.6
2016129.6
2015139.4
2014152.8
2013159.2
2012164.6
2011155.4
2010141.5
2009127.8
2008139.9
2007134.4
2006128.9
2005122.3
2004114.0
2003109.5
2002104.8
2001102.4
2000101.8
199986.7
199881.2
199785.2
199689.8
199586.7
199486.6
199378.1
199276.7
199173.5
199065.9
198963.4
198851.9
198753.0
198655.3
198572.6
198470.7
198370.8
198271.0
198172.7
198060.2
197951.2
197847.1
197745.9
197647.5
197546.0
197446.0
197338.9
197235.3
  • Region: Germany
  • Time period: 1972 to 2024
  • Published: Mar 2024

Data Analysis and Insights

Updated: Mar 27, 2024 | Published by: Statistico

Decade of Highest and Lowest Prices

The 2010s witnessed the highest average premium gasoline price in Germany at approximately 149.1 euro cents per liter, showcasing significant fluctuations in fuel costs. In stark contrast, the 1970s experienced the lowest average price, with 45.6 euro cents per liter, reflecting the global economic conditions and oil market dynamics of the time.

Recent Trends in Fuel Prices

From 2020 to 2023, there was a steady increase in the price of premium gasoline, rising from 129.3 to 184.9 euro cents per liter. This upward trend indicates the recent pressures on fuel prices, possibly due to factors such as supply chain disruptions, geopolitical tensions, or changes in demand.

Record High in 2022

The year 2022 marked a record high for premium gasoline prices in Germany, reaching 192.6 euro cents per liter. This peak underscores the volatility in the energy market, potentially driven by international crude oil prices and national tax policies.

Decadal Price Doubling from 1980s to 2000s

Comparing the 1980s and 2000s, there was more than a doubling in the average price of premium gasoline, from about 65.7 to 134.3 euro cents per liter. This significant increase highlights the long-term trend of rising fuel prices, influenced by factors such as inflation, environmental policies, and the increasing scarcity of oil.

Stabilization Period in the Early 2000s

Between 2001 and 2004, premium gasoline prices experienced a period of relative stability, with an average annual increase of just over 3 euro cents per liter. This phase indicates a temporary respite from the otherwise volatile fuel pricing trends, possibly due to stable oil supply conditions or effective energy policies.

Rapid Increase in the Late 20th Century

The years 1988 to 1991 saw a rapid increase in premium gasoline prices, jumping from 51.9 to 73.5 euro cents per liter. This growth reflects the changing dynamics of the global oil market and economic adjustments in Germany, signaling a departure from the relatively low fuel costs of the earlier decades.

Frequently Asked Questions

What was the lowest average price of gasoline and in which decade was it recorded?

The lowest average price of gasoline was recorded in the 1970s, estimated at 45.6 euro cents per liter.

Which year marked a record high for gasoline prices in Germany?

The year 2022 marked a record high for premium gasoline prices in Germany, reaching 192.6 euro cents per liter.

Terms and Definitions

Premium gasoline, also known as high-octane or unleaded gasoline, is a type of fuel used in internal combustion engines. It contains a higher octane rating than regular gasoline, meaning it's less likely to cause knocking or detonation in high-performance engines.

Gasoline prices refer to the retail selling price of gasoline per litre or gallon. These prices often fluctuate based on various factors such as crude oil prices, refining costs, distribution and marketing expenses, and taxes.

The Octane Rating, or simply octane, is a standard measure of the performance of an engine or aviation fuel. The higher the octane number, the greater the fuel's resistance to knocking or pinging during combustion.

Unleaded gasoline is a type of gasoline that does not contain lead additives. Lead was once commonly used as an additive to increase the octane rating of gasoline and prevent knocking, but has largely been phased out due to health and environmental concerns.

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It serves as a primary source of oil, which is processed in refineries to create gasoline, diesel, and other fuel products. Changes in crude oil prices often directly influence gasoline prices.
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